Common use of Modification of Terms, etc Clause in Contracts

Modification of Terms, etc. No Grantor shall rescind or cancel any indebtedness evidenced by any Credit Card Receivable or modify any term thereof or make any adjustment with respect thereto except in the ordinary course of business consistent with prudent business practice, or extend or renew any such indebtedness except in the ordinary course of business consistent with prudent business practice or compromise or settle any dispute, claim, suit or legal proceeding relating thereto or sell any Credit Card Receivable or interest therein except in the ordinary course of business consistent with prudent business practice or in accordance with the Credit Agreement without the prior written consent of the Agent.

Appears in 6 contracts

Samples: Security Agreement (Tilly's, Inc.), Security Agreement (Tilly's, Inc.), Security Agreement (Tilly's, Inc.)

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Modification of Terms, etc. No Grantor shall rescind or cancel any indebtedness evidenced by any Credit Card Receivable Account or modify any term thereof or make any adjustment with respect thereto except in the ordinary course of business consistent with prudent business practice, or extend or renew any such indebtedness except in the ordinary course of business consistent with prudent business practice or compromise or settle any dispute, claim, suit or legal proceeding relating thereto or sell any Credit Card Receivable Account or interest therein except in the ordinary course of business consistent with prudent business practice or in accordance with the Credit Agreement without the prior written consent of the Collateral Agent.

Appears in 5 contracts

Samples: Security Agreement (Sally Beauty Holdings, Inc.), Security Agreement (Kid Brands, Inc), Credit Agreement (Bluefly Inc)

Modification of Terms, etc. No Grantor shall rescind or cancel any material indebtedness evidenced by any Credit Card Receivable Account or modify any material term thereof or make any adjustment with respect thereto except in the ordinary course of business consistent with prudent business practice, or extend or renew any such indebtedness except in the ordinary course of business consistent with prudent business practice or compromise or settle any dispute, claim, suit or legal proceeding relating thereto or sell any Credit Card Receivable material Account or interest therein except in the ordinary course of business consistent with prudent business practice or in accordance with the Credit Agreement without the prior written consent of the Collateral Agent.

Appears in 5 contracts

Samples: Security Agreement (Pacific Sunwear of California Inc), Security Agreement (Pacific Sunwear of California Inc), Security Agreement (Pacific Sunwear of California Inc)

Modification of Terms, etc. No Grantor shall rescind or cancel any indebtedness evidenced by any Credit Card Receivable Account or modify any term thereof or make any adjustment with respect thereto except in the ordinary course of business consistent with prudent business practicepractice or in accordance with the Credit Agreement, or extend or renew any such indebtedness except in the ordinary course of business consistent with prudent business practice or in accordance with the Credit Agreement or compromise or settle any dispute, claim, suit or legal proceeding relating thereto or sell any Credit Card Receivable Account or interest therein except in the ordinary course of business consistent with prudent business practice or in accordance with the Credit Agreement without the prior written consent of the Agent.

Appears in 3 contracts

Samples: Security Agreement (Safeway Stores 42, Inc.), Security Agreement (Albertsons Companies, Inc.), Security Agreement

Modification of Terms, etc. No Grantor shall rescind or cancel any indebtedness evidenced by any Credit Card Receivable Account or modify any term thereof or make any adjustment with respect thereto except in the ordinary course of business consistent with prudent business practice, or extend or renew any such indebtedness except in the ordinary course of business consistent with prudent business practice or compromise or settle any dispute, claim, suit or legal proceeding relating thereto or sell any Credit Card Receivable Account or interest therein except in the ordinary course of business consistent with prudent business practice or in accordance with the Credit Agreement without the prior written consent of the Collateral Agent.

Appears in 3 contracts

Samples: Security Agreement (FDO Holdings, Inc.), Security Agreement (FDO Holdings, Inc.), Security Agreement (FDO Holdings, Inc.)

Modification of Terms, etc. No Grantor shall not rescind or cancel any indebtedness evidenced by any Credit Card Receivable Account or modify any term thereof or make any adjustment with respect thereto except in the ordinary course of business consistent with prudent business practice, or extend or renew any such indebtedness except in the ordinary course of business consistent with prudent business practice or compromise or settle any dispute, claim, suit or legal proceeding relating thereto or sell any Credit Card Receivable Account or interest therein except in the ordinary course of business consistent with prudent business practice or in accordance with the Credit Agreement without the prior written consent of the Agent.

Appears in 2 contracts

Samples: General Security Agreement (Sally Beauty Holdings, Inc.), Security Agreement (Sally Beauty Holdings, Inc.)

Modification of Terms, etc. No Grantor shall rescind or cancel any indebtedness evidenced by any Credit Card Receivable or modify any term thereof or make any adjustment with respect thereto except in the ordinary course of business consistent with prudent business practice, or extend or renew any such indebtedness except in the ordinary course of business consistent with prudent business practice or compromise or settle any dispute, claim, suit or legal proceeding relating thereto or sell any Credit Card Receivable or interest therein except in the ordinary course of business consistent with prudent business practice or in accordance with the Credit Agreement without the prior written consent of the AgentAgents.

Appears in 2 contracts

Samples: Security Agreement (Express, Inc.), Security Agreement (Express, Inc.)

Modification of Terms, etc. No Grantor shall rescind or cancel any indebtedness evidenced by any Credit Card Receivable or Account or modify any term thereof or make any adjustment with respect thereto except in the ordinary course of business consistent with prudent business practice, or extend or renew any such indebtedness except in the ordinary course of business consistent with prudent business practice or compromise or settle any dispute, claim, suit or legal proceeding relating thereto or sell any Credit Card Receivable Receivable, Account or interest therein in any of the foregoing except in the ordinary course of business consistent with prudent business practice or in accordance with the Credit Agreement without the prior written consent of the AgentLender.

Appears in 2 contracts

Samples: Security Agreement (B. Riley Financial, Inc.), Security Agreement (Wet Seal Inc)

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Modification of Terms, etc. No Grantor shall (i) rescind or cancel any indebtedness evidenced by any Credit Card Receivable or Account or modify any material term thereof or make any material adjustment with respect thereto except in the ordinary course of business consistent with prudent business practicethereto, or (ii) extend or renew any such indebtedness except in the ordinary course of business consistent with prudent business practice or indebtedness, (iii) compromise or settle any dispute, claim, suit or legal proceeding relating thereto thereto, or (iv) sell any Credit Card Receivable or Account or interest therein therein, in each case, except in the ordinary course of business consistent with prudent business practice or in accordance with the Credit Agreement without the prior written consent of the Agent.

Appears in 1 contract

Samples: Security Agreement (Abercrombie & Fitch Co /De/)

Modification of Terms, etc. No Grantor shall rescind or cancel any indebtedness evidenced by any Credit Card Receivable Account or modify any term thereof or make any adjustment with respect thereto except in the ordinary course of business or consistent with prudent its reasonable business practicejudgment, or extend or renew any such indebtedness except in the ordinary course of business or consistent with prudent business practice or compromise or settle any dispute, claim, suit or legal proceeding relating thereto or sell any Credit Card Receivable Account or interest therein except in the ordinary course of business or consistent with prudent business practice or in accordance with the Credit Agreement without the prior written consent of the Collateral Agent.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Infrastructure & Energy Alternatives, Inc.)

Modification of Terms, etc. No Grantor shall rescind or cancel any indebtedness evidenced by any Credit Card Receivable Account or modify any term thereof or make any adjustment with respect thereto except in the ordinary course of business consistent with prudent business practicepractice or in accordance with the Credit Agreement, or extend or renew any such indebtedness except in the ordinary course of business consistent with prudent business practice or in accordance with the Credit Agreement or compromise or settle any dispute, claim, suit or legal proceeding relating thereto or sell any Credit Card Receivable Account or interest therein except in the ordinary course of business consistent with prudent business practice or in accordance with the Credit Agreement without the prior written consent of the Collateral Agent.

Appears in 1 contract

Samples: Intercreditor Agreement (Albertsons Companies, Inc.)

Modification of Terms, etc. No Grantor shall rescind or cancel any indebtedness evidenced by any Credit Card Receivable or modify any term thereof or make any adjustment with respect thereto except in the ordinary course of business consistent with prudent business practice, or extend or renew any such indebtedness except in the ordinary course of business consistent with prudent business practice or compromise or settle any dispute, claim, suit or legal proceeding relating thereto or sell any Credit Card Receivable or interest therein except in the ordinary course of business consistent with prudent business practice or in accordance with the Credit Term Loan Agreement without the prior written consent of the AgentAgents.

Appears in 1 contract

Samples: Security Agreement (Express, Inc.)

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