Compromises. (a) In general.
Compromises. (a) In general—(1) If the Secretary de- termines that there are grounds for compromise under this section, the Secretary may, at the Secretary’s dis- cretion, compromise any civil or xxxxx- nal liability arising under the internal revenue laws prior to reference of a case involving such a liability to the Department of Justice for prosecution or defense.
Compromises. Holdco may grant discharges, settle by compromise, renounce rights or grant extensions with respect to the Collateral. It may also settle by compromise with the Pledgor and grant any Person extensions without affecting its other rights hereunder.
Compromises. 18.4 No voluntary arrangement, compromise, composition, scheme of arrangement, standstill agreement, deferral, rescheduling or other readjustment or reorganisation or other arrangement between any Group Company and its creditors and/or its members (or any class of either of them) has been approved by or proposed in respect of any Group Company. Winding-up
Compromises. The Partieshereby agree that neither the giving of any consideration hereunder nor its acceptance shall operate as or be evidence of any admission of liability for any claim hereby released, and further agree that, by the execution of this Agreement, no Party admits the truthfulness of any of the claims or allegations made by any opposing party; rather, such claims, allegations and liability have been, and are hereby, expressly denied by each of the Parties.
Compromises. No voluntary arrangement, compromise, composition, scheme of arrangement, standstill or standfast agreement, deferral, rescheduling or other readjustment or reorganisation or other arrangement between the Company and its creditors and/or its members (or any class of either of them) has been proposed by the Company.
Compromises. No voluntary arrangement or compromise between the Sellers or the Companies and their respective creditors (or any class of them) has ever been proposed or approved.
Compromises. The Guarantor shall have the right in its sole discretion to adjust, settle or compromise any claim, suit or judgment in respect of any Indemnified Loss, after notice to the Company, unless the Company desires to litigate such claim, defend such suit or appeal such judgment and simultaneously therewith deposits with the Guarantor collateral security sufficient to pay any judgment rendered, with interest, costs and expenses; and the right of the Guarantor to indemnification under this Agreement shall extend to any money paid by the Guarantor in settlement or compromise of any such claims, suits and judgments in good faith, after notice to the Company.
Compromises. The Secretary may compromise any civil or criminal case arising under the Commonwealth tax laws prior to reference to the Attorney General’s Office for prosecution or defense, and the Attorney General or his delegate may compromise any such case after reference to it.
Compromises. The Lender may as regards the Guarantor or any other guarantor determine from time to time not to enforce the guarantee of the Guarantor or any other guarantor and may from time to time make any arrangement, compromise or discharge of the Borrower or the Guarantor or any other guarantor in relation to the whole or any part of the Moneys Hereby Secured including any absolute or partial release of the Moneys Hereby Secured.
