Common use of Cancellation of Indebtedness Clause in Contracts

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

Cancellation of Indebtedness. No Neither Borrower nor any of its Subsidiaries shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an armsarm's-length basis and in the ordinary course of its business consistent with past practicesbusiness.

Cancellation of Indebtedness. No Borrower shall not cancel any claim or debt owing to it, except for reasonable consideration negotiated on an armsarm’s-length basis and in the ordinary course of its business consistent with past practicesbusiness.

Cancellation of Indebtedness. No Neither Borrower nor any Subsidiary of Borrower shall cancel any claim or debt owing to it, except for (A) reasonable consideration negotiated on an arms-arms length basis and in the ordinary course of its business consistent with past practicespractices and (B) cancellation of Intercompany Loans permitted to be cancelled in accordance with Section 6.2 hereof.

Cancellation of Indebtedness. No The Borrower shall not cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arms-arm’s length basis and in the ordinary course of its business consistent with past practicespractices and settlement of accounts in the ordinary course of business.

Cancellation of Indebtedness. No Neither Borrower nor the Guarantors shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arms-length basis and in the ordinary course of its business consistent with past practices.

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

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

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

Cancellation of Indebtedness. No Borrower shall not cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arms-length basis and in the ordinary course of its business consistent with past practices.

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

Cancellation of Indebtedness. No Borrower shall cancel any claim or ---------------------------- debt owing to it, except (i) for reasonable consideration negotiated on an arms-arm's length basis and in the ordinary course of its business consistent with past practicespractices or (ii) pursuant to an order of the Bankruptcy Court.

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

Cancellation of Indebtedness. No Borrower shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an armsarm's-length basis and in the ordinary course of its business consistent with past practices, or as otherwise approved by the Bankruptcy Court.

Cancellation of Indebtedness. No Neither Borrower shall, or shall cause or permit any Subsidiary to, cancel any claim or debt owing to it, except for reasonable consideration negotiated on an armsarm's-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No The Borrower shall not cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arms-length basis and in the ordinary course of its business consistent with past practicesbusiness.

Cancellation of Indebtedness. No Neither Borrower nor Guarantor shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an armsarm's-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Neither Borrower nor the Guarantor shall cancel any claim or debt owing to it, except for reasonable consideration negotiated on an arms-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No The Borrower shall will not, and will not permit any of its Subsidiaries to, cancel any claim or debt owing to it, except for reasonable consideration negotiated on an armsarm's-length basis and in the ordinary course of its business consistent with past practices.

Cancellation of Indebtedness. No Borrower shall not, nor shall it cause or permit any Subsidiary thereof to, cancel any claim or debt owing to it, except for reasonable consideration negotiated on an armsarm's-length basis and in the ordinary course of its business consistent with past practices.

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

Cancellation of Indebtedness. No Borrower shall, nor shall it permit any of its Subsidiaries to, cancel any claim or debt owing to it, except for reasonable consideration negotiated on an armsarm's-length basis and in the ordinary course of its business consistent with past practicesother than for a claim or debt of any Person listed on Disclosure Schedule 6.1 (c) or as otherwise approved by the Bankruptcy Court.