Certain Agreements on Receivables. Debtor will not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof, except that, prior to the occurrence of an Event of Default, Debtor may reduce the amount of Accounts arising from the sale of Inventory in accordance with its present policies and in the ordinary course of business.
Appears in 4 contracts
Samples: Pledge and Security Agreement (Innovative Food Holdings Inc), Pledge and Security Agreement (Innovative Food Holdings Inc), Pledge and Security Agreement (Innovative Food Holdings Inc)
Certain Agreements on Receivables. The Debtor will not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof, except that, prior to the occurrence and except during the continuance of an Event of Default, a Default the Debtor may reduce the amount of Accounts arising from the sale of Inventory in accordance with its present policies and in the ordinary course of business.
Appears in 4 contracts
Samples: Security Agreement (Magnetek Inc), Security Agreement (Magnetek Inc), Security Agreement (Magnetek Inc)
Certain Agreements on Receivables. No Debtor will not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof, except that, prior to the occurrence of an Event of Default, such Debtor may reduce the amount of Accounts arising from the sale of Inventory in accordance with its present policies and in the ordinary course of business.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Home Solutions of America Inc), Pledge and Security Agreement (Home Solutions of America Inc), Pledge and Security Agreement (Integrated Performance Systems Inc)
Certain Agreements on Receivables. The Debtor will not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof, except that, prior to the occurrence of an Event of a Default, the Debtor may reduce the amount of Accounts arising from the sale of Inventory in accordance with its present policies and in the ordinary course of business.
Appears in 3 contracts
Samples: Credit Agreement (P F Changs China Bistro Inc), Pledge and Security Agreement (Mobility Electronics Inc), Credit Agreement (P F Changs China Bistro Inc)
Certain Agreements on Receivables. Debtor The Borrower will not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof, except that, prior to the occurrence of an Event of a Default, Debtor the Borrower may reduce the amount of Accounts arising from the sale of Inventory in accordance with its present policies and in the ordinary course of business.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Teton Energy Corp), Credit Agreement (Northland Cable Properties Four LTD Partnership), Pledge and Security Agreement (Chromcraft Revington Inc)
Certain Agreements on Receivables. Debtor will The Borrower shall not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof, except that, prior to the occurrence of a Default or an Event of Default, Debtor the Borrower may reduce the amount of Accounts arising from the sale of Inventory in accordance with its present policies and in the ordinary course of business.
Appears in 3 contracts
Samples: Revolving Loan Agreement (Acacia Diversified Holdings, Inc.), Asset Purchase Agreement (Acacia Automotive Inc), Continuing Security Agreement (Neoprobe Corp)
Certain Agreements on Receivables. Debtor The Borrower will not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof, except that, prior to the occurrence of an Event of Default, Debtor the Borrower may reduce the amount of Accounts arising from the sale of Inventory in accordance with its present policies and in the ordinary course of business.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Mam Software Group, Inc.), Pledge and Security Agreement (Mam Software Group, Inc.)
Certain Agreements on Receivables. Such Debtor will not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable that constitutes Collateral or accept in satisfaction of a Receivable that constitutes Collateral less than the original amount thereof, except that, prior to the occurrence of an Event of Default, such Debtor may reduce the amount of Accounts arising from the sale of Inventory in accordance with its present policies and in the ordinary course of business.
Appears in 2 contracts
Samples: Intercreditor Agreement (Vanguard Natural Resources, LLC), Intercreditor Agreement (Vanguard Natural Resources, Inc.)
Certain Agreements on Receivables. No Debtor will not make or ---------------------------------- agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof, except that, prior to the occurrence of an Event of a Default, such Debtor may reduce the amount of Accounts arising from the sale of Inventory in accordance with its present policies and in the ordinary course of business.
Appears in 1 contract
Certain Agreements on Receivables. No Debtor will not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof, except that, prior to the occurrence of an Event of a Default, each Debtor may reduce the amount of Accounts arising from the sale of Inventory (by discount, credit, rebate or otherwise) in accordance with its present policies and in the ordinary course of business.
Appears in 1 contract
Certain Agreements on Receivables. No Debtor will not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof, thereof except that, prior to the occurrence of an Event of a Default, a Debtor may reduce the amount of Accounts arising from the sale of Inventory in accordance with its present policies and in the ordinary course of business.
Appears in 1 contract
Certain Agreements on Receivables. The Debtor will not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof, except that, prior to the occurrence of an so long as no Event of DefaultDefault exists, the Debtor may reduce the amount of Accounts arising from the sale of Inventory in accordance with its present policies and in the ordinary course of business.
Appears in 1 contract
Samples: Security Agreement (Roth CH Acquisition I Co. Parent Corp.)
Certain Agreements on Receivables. The Debtor will shall not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof, except that, prior to the occurrence of a Default or an Event of Unmatured Default, the Debtor may reduce the amount of Accounts arising from the sale of Inventory in accordance with its present policies and in the ordinary course of business.
Appears in 1 contract
Certain Agreements on Receivables. Debtor The Borrower will not make or agree to make any discount, credit, rebate rebate, or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof, except that, prior to the occurrence of an Event of Default, Debtor the Borrower may reduce the amount of Accounts arising from the sale of Inventory in accordance with its present policies and in the ordinary course of business.
Appears in 1 contract
Certain Agreements on Receivables. Debtor Borrower will not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof, except that, prior to the occurrence of an Event of a Default, Debtor Borrower may offer discounts, credits and rebates, and may reduce the amount of Accounts arising from the sale of Inventory Accounts, in accordance with its present policies and in the ordinary course of business.
Appears in 1 contract
Samples: Pledge and Security Agreement (Tyler Technologies Inc)
Certain Agreements on Receivables. Debtor will not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof, except that, prior to the occurrence of an Event of Default, Debtor may may, in the ordinary course of business, reduce the amount of Accounts arising from the sale of Inventory in accordance with its present policies and in the ordinary course of businessor pursuant to Use Agreement.
Appears in 1 contract
Samples: Pledge and Security Agreement (PreCheck Health Services, Inc.)
Certain Agreements on Receivables. Such Debtor will not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof, except that, prior to the occurrence of an Event of Default, such Debtor may reduce the amount of Accounts arising from the sale of Inventory in accordance with its present policies and in the ordinary course of business.
Appears in 1 contract
Samples: Pledge and Security Agreement (Wilhelmina International, Inc.)
