Common use of Certain Agreements on Receivables Clause in Contracts

Certain Agreements on Receivables. During the occurrence and continuation of a Default, no Grantor will make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof. Prior to the occurrence and continuation of a Default, such Grantor may reduce the amount of Accounts arising from the sale of Inventory or the rendering of services in accordance with its present policies and in the ordinary course of business and as otherwise permitted under the Credit Agreement.

Certain Agreements on Receivables. During Except as otherwise permitted in the occurrence and continuation of a DefaultCredit Agreement, no Grantor will make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof. Prior , except that, prior to the occurrence and during the continuation of a an Event of Default, such Grantor the Grantors may reduce the amount of Accounts arising from the sale of Inventory or the rendering of services in accordance with its present policies and in the ordinary course of business and as otherwise permitted under the Credit Agreementbusiness.

Certain Agreements on Receivables. During the occurrence and continuation of a Default, no Grantor will make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof. Prior ; provided that prior to the occurrence and continuation of a Default, such Grantor may reduce the amount of Accounts arising from the sale of Inventory or the rendering of services in accordance with its present policies and in the ordinary course of business and as otherwise permitted under the Credit Agreement.

Certain Agreements on Receivables. During the occurrence and continuation of a Default, no Grantor will make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof. Prior to the occurrence and continuation of a Default, such Grantor may reduce the amount of Accounts arising from the sale of Inventory or the rendering of services in accordance with its present policies and in the ordinary course of business and as otherwise permitted under the Credit AgreementIndenture.

Certain Agreements on Receivables. During Except as permitted by the occurrence and continuation of a DefaultCredit Agreement, no Grantor will make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof. Prior , except that, prior to the occurrence and continuation of a an Event of Default, such any Grantor may reduce the amount of Accounts arising Accounts, whether from the sale of Inventory or the rendering of services otherwise, in accordance with its present policies and in the ordinary course of business and as otherwise permitted under the Credit Agreementbusiness.

Certain Agreements on Receivables. During the occurrence and continuation of a Default, no Grantor will make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof. Prior to the occurrence and continuation of a Default, such Grantor may reduce the amount of Accounts arising from the sale of Inventory or the rendering of services in accordance with its present policies and in the ordinary course of business and as otherwise permitted under the Credit AgreementAgreements.

Certain Agreements on Receivables. During Subject to the occurrence and continuation provisions of a Defaultthe Credit Agreement, no such Grantor will not make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof. Prior , except that, prior to the occurrence and continuation during the continuance of a an Event of Default, such Grantor may reduce the amount of Accounts arising from the sale of Inventory or the rendering of services in accordance with its present policies and in the ordinary course of business and as otherwise permitted under the Credit Agreementbusiness.

Certain Agreements on Receivables. During the occurrence and continuation of a Default, no Grantor will make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof. Prior to Notwithstanding the occurrence and continuation of a Defaultforegoing, such Grantor may reduce the amount of Accounts arising from the sale of Inventory or the rendering of services in accordance with its present policies and in the ordinary course of business and as otherwise permitted under the Credit Agreement, whether or not a Default has occurred and is continuing.

Certain Agreements on Receivables. During Except as permitted by the occurrence and continuation of a DefaultCredit Agreement, no Grantor will make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof. Prior , except that, prior to the occurrence and continuation of a an Event of Default, such any Grantor may reduce the amount of Accounts arising Accounts, whether from the sale of Inventory or the rendering of services otherwise, in accordance with its present policies and in the ordinary course of business and as otherwise permitted under the Credit Agreementbusiness.

Certain Agreements on Receivables. During Following the occurrence and continuation during the continuance of a Default, no Grantor will make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof. Prior to the occurrence So long as no Default has occurred and continuation of a Defaultis continuing, such Grantor may reduce the amount of Accounts arising from the sale of Inventory or the rendering of services in accordance with its present policies and in the ordinary course of business and as otherwise permitted under the Credit Agreement.

Certain Agreements on Receivables. During the occurrence and continuation of a an Event of Default, no Grantor will make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof. Prior to the occurrence and continuation of a an Event of Default, such any Grantor may reduce the amount of Accounts arising from the sale of Inventory or the rendering of services in accordance with its present policies and in the ordinary course of business and as otherwise permitted under the Credit Agreement.

Certain Agreements on Receivables. During Except as otherwise provided in the occurrence and continuation of a DefaultCredit Agreement, no Grantor will make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof. Prior to , except that, so long as no Default or Event of Default has occurred and is continuing, the occurrence and continuation of a Default, such Grantor Grantors may reduce the amount of Accounts arising from the sale of Inventory or the rendering of services in accordance with its their present policies and in the ordinary course of business and as otherwise permitted under the Credit Agreementbusiness.

Certain Agreements on Receivables. During the occurrence and continuation of a an Event of Default, no Grantor will make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original amount thereof. Prior to the occurrence and continuation of a an Event of Default, such Grantor may reduce the amount of Accounts owing on any Receivable arising from the sale of Inventory or the rendering of services in accordance with its present policies and in the ordinary course of business and as otherwise permitted under the Credit Agreement.