Limitations on Discounts, Compromises, Extensions of Accounts. Other than in the ordinary course of business as generally conducted by the Borrower, the Borrower will not grant any extension of the time of payment of any of the Accounts, compromise, compound or settle the same for less than the full amount thereof, release, wholly or partially, any person or entity liable for the payment thereof, or allow any credit or discount whatsoever thereon.
Limitations on Discounts, Compromises, Extensions of Accounts. Other than in the ordinary course of business as generally conducted by each Grantor over a period of time, no Grantor will grant any extension of the time of payment of any of the Accounts, compromise, compound or settle the same for less than the full amount thereof, release, wholly or partially, any Person liable for the payment thereof, or allow any credit or discount whatsoever thereon.
Limitations on Discounts, Compromises, Extensions of Accounts. Other than in the ordinary course of business of the Borrower consistent with previous practices, the Borrower shall not (i) grant any extension of the time for payment of any Account, (ii) compromise, compound or settle any Account for less than its full amount, (iii) release, wholly or partially, any Person liable for the payment of any Account, or (iv) allow any credit or discount of any Account, except to such extent as the Borrower determines that any such compromise, compound or settlement could reasonably be expected to benefit the Administrative Agent and the Finance Parties in the circumstances.
Limitations on Discounts, Compromises, Extensions of Accounts. Other than in the ordinary course of business as generally conducted by the Pledgor over a period of time, the Pledgor will not grant any extension of the time of payment of any of the Accounts, compromise, compound or settle the same for less than the full amount thereof, release, wholly or partially, any person liable for the payment thereof, or allow any credit or discount whatsoever thereon.
Limitations on Discounts, Compromises, Extensions of Accounts. Not adjust, settle or compromise the amount or payment of any Account, or release wholly or partly any customer or obligor thereof, or allow any credit or discount thereon (other than adjustments, settlements, compromises, releases, credits and discounts in the ordinary course of business and in amounts which are not material to the Debtors) without the prior consent of the Lender.
Limitations on Discounts, Compromises, Extensions of Accounts. At ------------------------------------------------------------- all times, the Grantor will not, except in the ordinary course of business, grant any extension of the time of payment of any material Account constituting Collateral, compromise, compound or settle the same for less than the full amount thereof, release, wholly or partially, any Person liable for the payment thereof, or allow any credit or discount whatsoever thereon, unless such extensions, compromises, compoundings, settlements, releases, credits or discounts are permitted by the Loan Documents.
Limitations on Discounts, Compromises, Extensions of Accounts. Except as permitted by the Senior Loan Agreement, no Loan Party shall grant any extension of the time of payment of any of the Accounts, compromise, compound or settle the same for less than the full amount thereof, release, wholly or partially, any Person liable for the payment thereof, or allow any credit or discount whatsoever thereon except in the ordinary course of business as generally conducted by such Loan Party over a period of time.
Limitations on Discounts, Compromises, Extensions of Accounts. No Debtor shall grant any extension of the time of payment of any of the Accounts, compromise, compound or settle the same for less than the full amount thereof, release, wholly or partially, any Person liable for the payment thereof, or allow any credit or discount whatsoever thereon except in the ordinary course of business as generally conducted by such Debtor over a period of time if so doing would be in the best interest of such Debtor as determined in good faith by the officers of such Debtor.
Limitations on Discounts, Compromises, Extensions of Accounts. Except as otherwise provided in this subsection 7(d), the Debtor shall continue to collect in accordance with its customary practice, at its own expense, all amounts due or to become due under the Accounts and, prior to the occurrence of an Event of Default, the Debtor shall have the right to adjust, settle or compromise the amount Table of Contents or payment of any Account, or release wholly or partly any Person liable for the payment of any Account, or allow any credit or discount thereon, all in accordance with its customary practices. In connection with such collections, the Debtor may take (and, upon the occurrence and during the continuation of an Event of Default, at the Creditor’s direction, shall take) such commercially reasonable actions as the Debtor or the Creditor may deem necessary or advisable to enforce collection of the Accounts.
Limitations on Discounts, Compromises, Extensions of Accounts. Other than in the ordinary course of business of such Debtor consistent with previous practices, such Debtor shall not (i) grant any extension of the time for payment of any Account of such Debtor, (ii) compromise, compound or settle any Account of General Security Agreement such Debtor for less than its full amount, (iii) release, wholly or partially, any Person liable for the payment of any Account of such Debtor, or (iv) allow any credit or discount of any Account of such Debtor.
