Common use of Compromise of Collateral Clause in Contracts

Compromise of Collateral. Grantor will not adjust, settle or compromise any claim relating to the Collateral or Grantor’s title therein without the prior written consent of Holder.

Compromise of Collateral. Grantor will not adjust, settle or compromise any claim relating to the Collateral or Grantor’s title therein without the prior written consent of HolderBuyer.