Negotiations with Account Debtors. Upon the occurrence of any Event of Default, the Secured Party may, in its sole discretion, extend or consent to the extension of the time of payment or maturity of any instruments, accounts, chattel paper, general intangibles or other rights to payment.
Appears in 6 contracts
Samples: Security Agreement (Icm Asset Management Inc/Wa), Security Agreement (Icm Asset Management Inc/Wa), Security Agreement (Icm Asset Management Inc/Wa)
