Common use of Negotiations with Account Debtors Clause in Contracts

Negotiations with Account Debtors. Upon the occurrence and during the continuation of any Event of Default, U. S. Bank may, in its sole discretion, extend or consent to the extension of the time of payment or maturity of any Instruments, Accounts, Chattel Paper, or General Intangibles.

Appears in 4 contracts

Samples: Security Agreement (Gargoyles Inc), Security Agreement (New West Eyeworks Inc), Security Agreement (Gargoyles Inc)

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Negotiations with Account Debtors. Upon During the occurrence and during the continuation existence of any Event of Default, U. S. U.S. Bank may, in its sole discretion, extend or consent to the extension of the time of payment or maturity of any Instruments, Accounts, Chattel Paper, or General Intangibles.

Appears in 2 contracts

Samples: Credit Agreement (Redhook Ale Brewery Inc), Credit Agreement (Redhook Ale Brewery Inc)

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