Common use of Settlements or Releases Clause in Contracts

Settlements or Releases. Each Borrower consents and agrees that, without notice to or by such Borrower, and without affecting or impairing the liability of such Borrower hereunder, Lender may, by action or inaction:

Appears in 4 contracts

Samples: Business Financing Agreement, Business Financing Agreement (Orion Energy Systems, Inc.), Business Financing Agreement (Digital Turbine, Inc.)

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Settlements or Releases. Each Borrower consents and agrees that, without notice to or by such Borrower, and without affecting or impairing the liability of such Borrower hereunder, Lender Agent and Lenders may, by action or inaction:

Appears in 3 contracts

Samples: Credit Agreement (Auxilio Inc), Revolving Credit Agreement (National Technical Systems Inc /Ca/), Revolving Credit Agreement (National Technical Systems Inc /Ca/)

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