Common use of Receivables Clause in Contracts

Receivables. Other than in the ordinary course of business consistent with its past practice, such Grantor will not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

Appears in 14 contracts

Sources: Collateral Agreement (Rex Energy Corp), Guarantee and Collateral Agreement (Enernoc Inc), Guarantee and Collateral Agreement (Enernoc Inc)

Receivables. Other than in the ordinary course of business consistent with its past practice, such Grantor will not (ia) grant any extension of the time of payment of any Receivable, (iib) compromise or settle any Receivable for less than the full amount thereof, (iiic) release, wholly or partially, any Person liable for the payment of any Receivable, (ivd) allow any credit or discount whatsoever on any Receivable or (ve) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

Appears in 12 contracts

Sources: Credit Agreement (TransMedics Group, Inc.), Guarantee and Collateral Agreement (TransMedics Group, Inc.), Credit Agreement (Sprinklr, Inc.)

Receivables. Other than in the ordinary course of business consistent with its past practicebusiness, such Grantor will not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

Appears in 7 contracts

Sources: Security Agreement (Strattec Security Corp), Security Agreement (Strattec Security Corp), Guarantee and Collateral Agreement (Accuride Corp)

Receivables. Other than in the ordinary course of business consistent with its past practicebusiness, such Grantor will shall not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

Appears in 6 contracts

Sources: Pledge and Security Agreement (Babcock & Wilcox Co), Credit Agreement (Babcock & Wilcox Co), Pledge and Security Agreement (Babcock & Wilcox Co)

Receivables. Other than in the ordinary course of business consistent with its past practicebusiness, such Grantor will shall not (ia) grant any extension of the time of payment of any Receivable, (iib) compromise or settle any Receivable for less than the full amount thereof, (iiic) release, wholly or partially, any Person liable for the payment of any Receivable, (ivd) allow any credit or discount whatsoever on any Receivable or (ve) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

Appears in 6 contracts

Sources: Credit Agreement (BWX Technologies, Inc.), Credit Agreement (Babcock & Wilcox Enterprises, Inc.), Credit Agreement (Babcock & Wilcox Enterprises, Inc.)

Receivables. Other than in the ordinary course of business consistent with its past practice, such Grantor will not (ia) grant any extension of the time of payment of any Receivable, (iib) compromise or settle any Receivable for less than the full amount thereof, (iiic) release, wholly or partially, any Person liable for the payment of any Receivable, (ivd) allow any credit or discount whatsoever on any Receivable or (ve) amend, supplement or modify any Receivable in any manner that could reasonably be expected to adversely affect the value thereof.

Appears in 3 contracts

Sources: Credit Agreement (DEX ONE Corp), Credit Agreement (DEX ONE Corp), Credit Agreement (DEX ONE Corp)

Receivables. Other than in the ordinary course of business consistent with its past practicepractice or as permitted by the Credit Agreement, such Grantor will not (ia) grant any extension of the time of payment of any Receivable, (iib) compromise or settle any Receivable for less than the full amount thereof, (iiic) release, wholly or partially, any Person liable for the payment of any Receivable, (ivd) allow any credit or discount whatsoever on any Receivable or (ve) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

Appears in 2 contracts

Sources: Credit Agreement (CrowdStrike Holdings, Inc.), Credit Agreement (CrowdStrike Holdings, Inc.)

Receivables. Other than in the ordinary course of business consistent with its past practice, such Grantor will not (ia) grant any extension of the time of payment of any Receivable, (iib) compromise or settle any Receivable for less than the full amount thereof, (iiic) release, wholly or partially, any Person liable for the payment of any Receivable, (ivd) allow any credit or discount whatsoever on any Receivable or (ve) amend, supplement or modify any Receivable in any manner that could would reasonably be expected to adversely affect the value thereof.

Appears in 2 contracts

Sources: Guarantee and Collateral Agreement (Benefitfocus,Inc.), Guarantee and Collateral Agreement (Benefitfocus,Inc.)

Receivables. (a) Other than in a manner consistent with its past practice or in the ordinary course of business consistent with its past practicebusiness, such Grantor will shall not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person person liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

Appears in 2 contracts

Sources: Pledge and Security Agreement (APi Group Corp), Pledge and Security Agreement (Element Solutions Inc)

Receivables. Other than in the ordinary course of business consistent with its past practicebusiness, such Grantor will shall not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person person liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

Appears in 1 contract

Sources: Pledge and Security Agreement (McDermott International Inc)

Receivables. Other than in the ordinary course of business consistent with its past practice, such no Grantor will not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person or any Affiliate liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could materially adversely affect the value thereof.

Appears in 1 contract

Sources: Security Agreement (Elizabeth Arden Inc)

Receivables. Other than in the ordinary course of business consistent with its past practice, such the Grantor will not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person or any Affiliate liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could materially adversely affect the value thereof.

Appears in 1 contract

Sources: Credit Agreement (Elizabeth Arden Inc)

Receivables. Other than in the ordinary course of business consistent with its past practice, such the Grantor will not (ia) grant any extension of the time of payment of any Receivable, (iib) compromise or settle any Receivable for less than the full amount thereof, (iiic) release, wholly or partially, any Person or any Affiliate liable for the payment of any Receivable, (ivd) allow any credit or discount whatsoever on any Receivable or (ve) amend, supplement or modify any Receivable in any manner that could materially adversely affect the value thereof.

Appears in 1 contract

Sources: Canadian Security Agreement (Elizabeth Arden Inc)

Receivables. Other than in the ordinary course of business consistent with its past practiceExcept as would not have a Material Adverse Effect, such Grantor will not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

Appears in 1 contract

Sources: Guarantee and Collateral Agreement (Sunpower Corp)

Receivables. Other than in the ordinary course of business consistent with its past practicebusiness, such Grantor will not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could materially adversely affect the value thereof.

Appears in 1 contract

Sources: Master Guarantee and Collateral Agreement (Ero Marketing Inc)

Receivables. Other than in the ordinary course of business consistent with its past practiceor as permitted by the Note Documents, such Grantor will not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for a material amount less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any Receivable, Receivable or (iv) allow any additional credit or discount whatsoever on any Receivable or (v) amendexcept for those extensions, supplement or modify any Receivable compromises, settlements, releases, credits and discounts as have heretofore been customary in any manner that could adversely affect the value thereofbusiness of such Grantor.

Appears in 1 contract

Sources: Guarantee and Collateral Agreement (Merge Healthcare Inc)

Receivables. Other than in the ordinary course of business consistent with its past practice, such Grantor will not (ia) grant any extension of the time of payment of any Receivable, (iib) compromise or settle any Receivable for less than the full amount thereof, (iiic) release, wholly or partially, any Person liable for the payment of any Receivable, (ivd) allow any credit or discount whatsoever on any Receivable or (ve) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

Appears in 1 contract

Sources: Credit Agreement (Alarm.com Holdings, Inc.)

Receivables. (a) Other than in the ordinary course of business consistent with its past practicebusiness, such Grantor will not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.,

Appears in 1 contract

Sources: Credit Agreement (Cinemark Holdings, Inc.)

Receivables. Other than in the ordinary course of business consistent with its past practicebusiness, such Grantor will not (i) grant any extension of the time of payment of any material Receivable, (ii) compromise or settle any material Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any material Receivable, (iv) allow any credit or discount whatsoever on any material Receivable or (v) amend, supplement or modify any material Receivable in any manner that could materially adversely affect the value thereof.

Appears in 1 contract

Sources: Superpriority Debtor in Possession Guarantee and Collateral Agreement (Bally Total Fitness Holding Corp)

Receivables. (a) Other than in a manner consistent with its past practice or in the ordinary course of business consistent with its past practicebusiness, such Grantor will shall not (i) grant any material extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person person liable for the payment of any Receivable, (iv) allow any material credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

Appears in 1 contract

Sources: Pledge and Security Agreement (Acuren Corp)

Receivables. Other than in the ordinary course of business consistent with its past practice, such Grantor will not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could would reasonably be expected to adversely affect the value thereof.

Appears in 1 contract

Sources: Credit Agreement (Thermon Group Holdings, Inc.)

Receivables. Other than in the ordinary course of business consistent with its past practice, such the Grantor will not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

Appears in 1 contract

Sources: Credit Agreement (UFood Restaurant Group, Inc.)

Receivables. Other than in the ordinary course of business consistent with its past practice, such Grantor will not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

Appears in 1 contract

Sources: Second Lien Guarantee and Collateral Agreement (Edgen Murray LTD)

Receivables. Other than in the ordinary course of business consistent with its past practicebusiness, such ----------- Grantor will not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

Appears in 1 contract

Sources: Guarantee and Collateral Agreement (Bedding Experts Inc)