Common use of Cancellation of Indebtedness Clause in Contracts

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-arm’s length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm'sarm’s-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall, and no Credit Party shall permit or cause any of its Subsidiaries to, cancel any material claim or debt owing to it, except for reasonable consideration negotiated on an arm's-arm’s length basis and in the ordinary course Ordinary Course of its business consistent with past practicesBusiness.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-length basis and or in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, it having a face value exceeding $100,000 except for reasonable consideration negotiated on an arm'sarm’s-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall, or shall permit any Subsidiary of any Credit Party to, cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-arm’s length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm'sarm’s-length basis and in the ordinary course of its business consistent with past practicesbusiness.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-length basis and in the ordinary course of its business consistent with past practicesbusiness.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel any ---------------------------- claim or debt owing to it, except for reasonable consideration negotiated on an arm's-arm's length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall, nor shall they permit any of its Subsidiaries to, cancel any claim or debt owing Indebtedness owed to itany of them except (i) in the ordinary course of business consistent with past practice, except for reasonable consideration (ii) in respect of intercompany Indebtedness among the Credit Parties or (iii) negotiated on an arm's-length basis and in for consideration reasonably deemed by the ordinary course of its business consistent with past practicesBorrower to be reasonable.

Cancellation of Indebtedness. No Credit Party shall cancel any ---------------------------- claim or debt owing to it, except for reasonable consideration negotiated on an arm's-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel any claim ---------------------------- or debt owing to it, except for reasonable consideration negotiated on an arm's-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-arm’s length basis and in the ordinary course of its business consistent with past practicespractices (other than as permitted under Section 6.2(k)).

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-length basis and (except with respect to the California Award) in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-length basis and in the ordinary course of its business consistent with past practices. Notwithstanding the foregoing, Borrower may cancel all or any portion of the ▇▇▇▇▇▇▇▇▇ Notes for so long as W. ▇▇▇ ▇▇▇▇▇▇▇▇▇ continues to be a senior executive of Borrower.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-arm’s length basis and in the ordinary course of its business consistent with past practicespractices (other than as permitted under Section 6.02(k)).

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except (a) with respect to Accounts in the ordinary course of the Credit Party's business, (b) for debt owing by employees or consultants permitted under Section 6.4(b) which is cancelled and treated as compensation expense and (c) for reasonable consideration negotiated on an arm's-arm's length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party (other than Holdings) shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Such Credit Party shall not cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-arm’s–length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-arm's length basis and (a) in the ordinary course of its business consistent with past practicespractices or (b) in connection with the settlement of litigation to which it is a party or other good faith disputes in which it is directly involved.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to itit in excess of $500,000, except for reasonable consideration negotiated on an arm's-arm’s length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall voluntarily cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Except in connection with the Law.com Acquisition, no Credit Party shall cancel any claim or debt owing ▇▇▇▇▇ to it, except for reasonable consideration negotiated on an arm's-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-arm's length basis and in the ordinary course of its business consistent with past practicespractices (other than as permitted under Section 6.2(j)).

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for reasonable consideration or otherwise in connection with the administration of accounts receivable, in each case, negotiated on an arm's-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel ---------------------------- any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-length basis and or in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to itit in excess of $100,000, except for reasonable consideration negotiated on an arm's-arm's length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel any ------------------------------ claim or debt owing to it, except for reasonable consideration negotiated on an arm's-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-arm's length basis and in the ordinary course of its business consistent with past practicespractices (other than as permitted under Section 6.2(k)).

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for (a) reasonable consideration negotiated on an arm's-arm’s length basis and in the ordinary course of its business consistent with past practicespractices and (b) discounts and write-offs of Accounts and other payment intangibles in the ordinary course of business.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to itit in excess of $500,000, except for reasonable consideration negotiated on an arm's-arm's length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm'sarm’s-length basis and or in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for (a) permitted debts owed by a Borrower and (b) reasonable consideration negotiated on an arm's-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except (a) with respect to Accounts in the ordinary course of the Credit Party’s business, (b) for debt owing by employees or consultants permitted under Section 6.4(b) which is cancelled and treated as compensation expense and (c) for reasonable consideration negotiated on an arm's-arm’s length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall, nor shall it permit its Subsidiaries to, cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall, or shall permit any of its Subsidiaries to, cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall, or shall permit any Subsidiary of any Credit Party to, cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arm's-arm's length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Credit Party shall cancel any claim or debt owing to it, except for (a) reasonable consideration negotiated on an arm's-length basis and in the ordinary course of its business consistent with past practices, and (b) customary write downs and charge offs for bad debts consistent with past practices.