Common use of Collections; Modification of Terms Clause in Contracts

Collections; Modification of Terms. At any time following Default, Lender, without notice, in its sole and absolute discretion, may demand, sue for, collect or receive any money or property at any time payabl▇ ▇r receivable on account of or in exchange for, or make any compromises it deems desirable, or otherwise modify the terms or rights of the Borrower with respect to any of the Collateral without notice and without otherwise discharging or affecting the Debt.

Collections; Modification of Terms. At any time following Default, Lender, without noticeLender may, in its sole and absolute discretion, may demand, sue ▇▇▇ for, collect or receive any money or property at any time payabl▇ ▇r payable or receivable on account of or in exchange for, or make any compromises it deems desirable, or otherwise modify the terms or rights of the Borrower with respect to any of the Collateral without notice and without otherwise discharging or affecting the Debt.