Cancellation of Claims Sample Clauses

Cancellation of Claims. Borrower shall not cancel any claim or debt owing to it, except for reasonable consideration or in the ordinary course of business.
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Cancellation of Claims. Cancel or agree to cancel without fair consideration therefor any material debts owed to or material claims held by Seller in respect of the Business (including the settlement of any material claims or material litigation).
Cancellation of Claims. Without Lender's written consent, Borrower shall not cancel any claim or debt in excess of a total of fifty thousand dollars ($50,000) during the term of the Loans, except for reasonable consideration and in the ordinary course of its business.
Cancellation of Claims. Borrowers shall not cancel any claim or Debt in excess of a total of $15,000 in the aggregate during the term of this Agreement, except for reasonable consideration and in the ordinary course of their businesses.
Cancellation of Claims. Cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arms-length basis and in the Ordinary Course of Business.
Cancellation of Claims. Borrower shall not cancel any claim or ----------------------- debt owing to it, except for reasonable consideration or in the ordinary course of business.
Cancellation of Claims. 50 6.28 Disclosure....................................................................................50
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Cancellation of Claims. Cancel any claim or debt owing to it, except in the ordinary course of business and not to exceed $10,000 in any fiscal year.
Cancellation of Claims. Without the Purchaser's written consent, prior to the full and final payment and performance of all of the Obligations the Issuer shall not cancel any claims or debts relating to the Properties in excess of a total of $50,000 except for reasonable consideration and in the ordinary course of its business.
Cancellation of Claims. The Borrower shall not cancel any claim of or debt owed the Borrower relating to the Properties in excess of a total of $50,000 during the term of the Loans, except for reasonable consideration and in the ordinary course of its business;
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