Common use of Modification of Collateral Clause in Contracts

Modification of Collateral. No Debtor shall do anything to impair the rights of Collateral Agent in the Collateral. Without the prior written consent of Collateral Agent, no Debtor shall, otherwise in a manner consistent with its current practices, (a) grant any extension of time for any payment with respect to the Collateral, other than trade extensions granted in the ordinary course of business, (b) compromise, compound, or settle any of the Collateral, (c) release in whole or in part any Person liable for payment with respect to the Collateral, (d) allow any credit or discount for payment with respect to the Collateral other than normal trade discounts granted in the ordinary course of business and other adjustments, such as bad debt expense, made in the ordinary course of business, (e) release any Lien securing the Collateral, or (f) otherwise amend or modify any of the Collateral in any material manner.

Modification of Collateral. No The Debtor shall not do -------------------------- anything to impair the rights of the Collateral Agent in the Collateral. Without the prior written consent of the Collateral Agent, no the Debtor shall, otherwise in a manner consistent with its current practices, shall not (a) grant any extension of time for any payment with respect to the Collateral, other than trade extensions granted in the ordinary course of business, (b) compromise, compound, or settle any of the Collateral, (c) release in whole or in part any Person person or entity liable for payment with respect to the Collateral, (d) allow any credit or discount for payment with respect to the Collateral other than normal trade discounts granted in the ordinary course of business and other adjustments, such as bad debt expense, made in the ordinary course of business, (e) release any Lien lien, security interest or assignment securing the Collateral, or (f) otherwise amend or modify any of the Collateral in any material manner.

Modification of Collateral. No Debtor shall do anything -------------------------- to impair the rights of the Collateral Agent in the Collateral. Without the prior written consent of the Collateral Agent, no Debtor shall, otherwise in a manner consistent with its current practices, shall (a) grant any extension of time for any payment with respect to the Collateral, other than trade extensions granted in the ordinary course of business, (b) compromise, compound, or settle any of the Collateral, (c) release in whole or in part any Person person or entity liable for payment with respect to the Collateral, (d) allow any credit or discount for payment with respect to the Collateral other than normal trade discounts granted in the ordinary course of business and other adjustments, such as bad debt expense, made in the ordinary course of business, (e) release any Lien lien, security interest, or assignment securing the Collateral, or (f) otherwise amend or modify any of the Collateral in any material manner.