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.
Appears in 3 contracts
Sources: Share Pledge Agreement (Falconbridge LTD), Share Purchase Agreement (Brascan Corp/), Share Purchase Agreement (Brascan Corp/)