Common use of Compromise Clause in Contracts

Compromise. A Receiver may settle, adjust, refer to arbitration, compromise and arrange any claim, account, dispute, question or demand with or by any person who is or claims to be a creditor of Funding 1 or relating in any way to any Funding 1 Charged Property, provided that, any such claim has priority to or ranks pari passu with this Deed.

Compromise. A Receiver may settle, adjust, refer to arbitration, compromise and arrange any claim, account, dispute, question or demand with or by any person who is or claims to be a creditor of Funding 1 the Master Issuer or relating in any way to any Funding 1 Master Issuer Charged Property, provided that, any such claim has priority to or ranks pari passu with this Deed.

Compromise. A Receiver may settle, adjust, refer to arbitration, compromise and arrange any claim, account, dispute, question or demand with or by any person who is or claims to be a creditor of Funding 1 the Issuer or relating in any way to any Funding 1 Issuer Charged Property, provided that, any such claim has priority to or ranks pari passu with this Deed.