Common use of Modification of Terms, etc Clause in Contracts

Modification of Terms, etc. Except in accordance with such Grantor’s ordinary course of business, or consistent with reasonable business judgment or as permitted by Section 3.5 or the Credit Documents, no Grantor shall rescind or cancel any indebtedness evidenced by any Account, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Account, or interest therein, without the prior written consent of the Collateral Agent unless such rescissions, cancellations, modifications, adjustments, extensions, renewals, compromises, settlements, releases, or sales would not reasonably be expected to materially adversely affect the value of the Accounts constituting Collateral taken as a whole.

Modification of Terms, etc. Except in accordance with such Grantor’s ordinary course of business, or consistent with reasonable business judgment as determined in good faith by the applicable Grantor or as permitted by Section 3.5 or the Credit DocumentsAgreement, no Grantor shall rescind or cancel any indebtedness evidenced by any Account, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Account, or interest therein, without the prior written consent of the Collateral Agent unless such rescissions, cancellations, modifications, adjustments, extensions, renewals, compromises, settlements, releases, or sales would not reasonably be expected to materially adversely affect the value of the Accounts constituting Collateral taken as a whole.

Modification of Terms, etc. Except in accordance with such Grantor’s 's ordinary course of business, or business and consistent with reasonable business judgment judgment, or as permitted by Section 3.5 3.4 hereof or by the Credit Documents, no Grantor shall rescind or cancel any indebtedness evidenced by any Account, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Account, or interest therein, without the prior written consent of the Collateral Agent unless such rescissions, cancellations, modifications, adjustments, extensions, renewals, compromises, settlements, releases, or sales would not reasonably be expected to materially adversely affect the value of the Accounts constituting Collateral taken as a whole. Except as otherwise permitted by the Credit Documents, no Grantor will do anything to impair the rights of the Collateral Agent in the Accounts or Contracts.

Modification of Terms, etc. Except in accordance with such Grantor’s ordinary course of business, or business and consistent with reasonable business judgment judgment, or as permitted by Section 3.5 3.4 hereof or by the Credit Documents, no Grantor shall rescind or cancel any indebtedness evidenced by any Account, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Account, or interest therein, without the prior written consent of the Collateral Agent unless such rescissions, cancellations, modifications, adjustments, extensions, renewals, compromises, settlements, releases, or sales would not reasonably be expected to materially adversely affect the value of the Accounts constituting Collateral taken as a whole. Except as otherwise permitted by the Credit Documents, no Grantor will do anything to impair the rights of the Collateral Agent in the Accounts or Contracts.

Modification of Terms, etc. Except in accordance with such Grantor’s ordinary course of business, or business and consistent with reasonable business judgment or as permitted by Section 3.5 or as permitted by the Credit Documents, no Grantor shall rescind or cancel any indebtedness evidenced by any Account, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Account, or interest therein, without the prior written consent of the Collateral Agent unless such rescissions, cancellations, modifications, adjustments, extensions, renewals, compromises, settlements, releases, or sales would not reasonably be expected to materially adversely affect the value of the Accounts constituting Collateral taken as a whole. Except as otherwise permitted by the Credit Documents, no Grantor will do anything to impair the rights of the Collateral Agent in the Accounts or Contracts.

Modification of Terms, etc. Except in accordance with such Grantor’s ordinary course of business, or business and consistent with reasonable business judgment or as permitted by Section 3.5 or the Credit Documents6.5 (Collection), no Grantor shall rescind or cancel any indebtedness evidenced by any Account, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Account, or interest therein, without the prior written consent of the Inventory Collateral Agent unless Agent, except to the extent that such rescissionsrescission, cancellationscancellation, modificationsmodification, adjustmentsadjustment, extensionsextension, renewalsrenewal, compromises, settlements, releasescompromise, or sales settlement would not reasonably be expected to materially adversely affect result in a Material Adverse Effect (as defined in the value ABL Loan Credit Agreement and in the Framework Agreement). No Grantor will do anything to impair the rights of the Accounts constituting Inventory Collateral taken as a wholeAgent in the Accounts.

Modification of Terms, etc. Except in accordance with such Grantor’s ordinary course of business, or consistent with reasonable business judgment as determined in good faith by the applicable Grantor or as otherwise permitted by Section 3.5 or in the Credit Documents, no Grantor shall rescind or cancel any material indebtedness evidenced by any Account, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any material Account, or interest therein, without the prior written consent of the Collateral Agent unless such rescissions, cancellations, modifications, adjustments, extensions, renewals, compromises, settlements, releases, or sales would not reasonably be expected to materially adversely affect the value of the Accounts constituting Collateral taken as have a wholeMaterial Adverse Effect.

Modification of Terms, etc. Except in accordance with such Grantor’s ordinary course of business, or business and consistent with reasonable business judgment or as permitted by Section 3.5 or the Credit Documents6.5 (Collection), no Grantor shall rescind or cancel any indebtedness evidenced by any Account, or modify any material term thereof or make any material adjustment with respect thereto, or extend or renew the same, or compromise or settle any material dispute, claim, suit or legal proceeding relating thereto, or sell any Account, or interest therein, without the prior written consent of the ABL Loan Collateral Agent unless Agent, except to the extent that such rescissionsrescission, cancellationscancellation, modificationsmodification, adjustmentsadjustment, extensionsextension, renewalsrenewal, compromises, settlements, releasescompromise, or sales settlement would not reasonably be expected to materially adversely affect result in a Material Adverse Effect (as defined in the value ABL Loan Credit Agreement and in the Framework Agreement). No Grantor will do anything to impair the rights of the Accounts constituting ABL Loan Collateral taken as a wholeAgent in the Accounts.