Without Lender s prior written consent, Borrower shall not (a) grant any material extension of the time of payment of any of the Receivables, (b) to any material extent, compromise, compound or settle the same for less than the full amount thereof, (c) release, wholly or partly, any Person liable for the payment thereof, or allow any credit or discount whatsoever thereon other than trade discounts granted in the ordinary course of business of Borrower.
Without Lender s prior written consent, Borrower shall not use the Loan for any purpose other than as set forth herein.
Without Lender s prior written consent, Borrower shall not (a) grant any material extension of the time of payment of any of the Receivables, (b) to any material extent, compromise, compound or settle the same for less than the full amount thereof, except to the extent that such compromise or settlement arises from a good faith dispute between the parties and is resolved pursuant to the Borrower's customary business practices, (c) release, wholly or partly, any Person liable for the payment thereof, or allow any credit or discount whatsoever thereon other than trade discounts granted in the ordinary course of business of Borrower and except to the extent that such release, credit or discount arises from a good faith dispute between the parties and is resolved pursuant to the Borrower's customary business practices.
Examples of Without Lender in a sentence
Without Lender consent, Borrower shall not merge, dissolve, liquidate, consolidate with or into another Person, or dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) or any of the shares it owns of Sharecare, Inc.
More Definitions of Without Lender
Without Lender s prior consent: (i) surrender, terminate, cancel, extend or renew the Management Agreement (other than an extension or renewal on the same terms as the expiring Management Agreement, with only such modifications as do not require consent of Lender or any Applicable Rating Agency hereunder) or otherwise replace the Manager or enter into any other management agreement (except pursuant to Section 6.13.2); (ii) reduce or consent to the reduction of the term of the Management Agreement; (iii) increase or consent to the increase of the amount of any charges under the Management Agreement; (iv) otherwise modify, change, supplement, alter or amend in any material respect, or waive or release in any material respect any of its rights and remedies under, the Management Agreement; or (v) suffer or permit the occurrence and continuance of a default beyond any applicable cure period under the Management Agreement (or any successor management agreement) if such default permits the Manager to terminate the Management Agreement (or such successor management agreement);
Without Lender s prior written consent, which consent Lender may withhold in its sole discretion, so long as any Obligation remains outstanding and this Agreement is in effect, no Borrower shall: (a)
Without Lender s prior written consent (a) other than in the ordinary course of its business, no Borrower will sell, exchange, lease or otherwise dispose of any Collateral, and (b) no Borrower will create or incur, or suffer to be incurred or to exist, any mortgage, pledge, security interest, encumbrance, lien or charge of any kind (collectively, "Liens") on its property or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, or transfer any property for the purpose of subjecting the same to the payment of obligations in priority to the payment of its or their general creditors, or acquire or agree to acquire, any property or assets upon conditional sales agreement or other title retention devices, except (i) those Liens which exist as of the date hereof; (ii) Liens hereafter created on Debt which is permitted under Section 4.11(v) or (vi); (iii) purchase money security interests on property acquired by any Borrower in an amount not to exceed in the aggregate 10% more than the amount approved by the Board of Directors of Teltronics for such expenditures in the Annual Plan (as defined in Section 4.20); or (iv) Liens imposed by law, such as materialmen's, mechanics', carriers', workmen's and repairmen's liens and other similar liens arising in the ordinary course of business and securing obligations (other than indebtedness for borrowed money) that (A) are not overdue for a period of more than 60 days, or (B) are being contested in good faith by proper proceedings and as to which appropriate reserves are being maintained in accordance with GAAP on the books of such Borrower.
Without Lender s prior written consent, Debtor shall not permit advances (including accrued interest, expenses, fees and reserves) against Qualified Accounts and Qualified Inventory at any time outstanding to exceed the lesser of $25,000,000.00; or:
Without Lender s prior written consent, which Lender may or may not, in its sole discretion, give concurrently herewith or hereafter, Borrower agrees that it shall not:
Without Lender s prior written consent, which shall not be unreasonably withheld, Grantor shall not take any remedial action in response to the presence of any Hazardous Materials on, under, or about the Property, nor enter into any settlement agreement, consent decree, or other compromise in respect to any Hazardous Material Claims, which remedial action, settlement, consent or compromise might, in Lender's reasonable judgment, impair the value of the Lender's security hereunder; provided, however, that Lender's prior consent shall not be necessary in the event that the presence of Hazardous Materials on, under, or about the Property either poses an immediate threat to the health, safety or welfare of any individual or is of such a nature that an immediate remedial response is necessary and it is not possible to obtain Lender's consent before taking such action, provided that in such event Grantor shall notify Lender as soon as practicable of any action so taken. Lender agrees not to withhold its consent, where such consent is required hereunder, if either (I) a particular remedial action is ordered by a court of competent jurisdiction, or (ii) Grantor establishes to the reasonable satisfaction of Lender that there is no reasonable alternative to such remedial action which would result in less impairment of Lender's security hereunder.
Without Lender s prior express written consent, which shall not be unreasonably withheld or delayed, Borrower shall not make any Acquisition. "Acquisition" means the purchase or other acquisition of all or substantially all the assets of (1) any business organization or (2) any separate division or unit of any business organization.