Common use of Disclosure of Material Matters Clause in Contracts

Disclosure of Material Matters. Immediately upon learning thereof, report to the Lender all matters materially affecting the value, enforceability or collectibility of the Collateral including, without limitation, any Borrower's reclamation of repossession of, or the return to any Borrower of a material amount of goods or claims or disputes asserted by any Customer or other obligor. Each Borrower will not, without the Lender's consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of each Borrower.

Disclosure of Material Matters. Immediately upon learning thereof, report to the Lender Agent all matters materially affecting the value, enforceability or collectibility of any material portion of the Collateral including, without limitation, any Borrower's reclamation of or repossession of, or the return to any Borrower of of, a material amount of goods or claims or disputes asserted by any Customer or other obligor. Each Borrower will not, without the LenderAgent's consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any material additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of each Borrower.

Disclosure of Material Matters. Immediately upon learning thereof, report to the Lender Agent all matters materially affecting the value, enforceability or collectibility collectability of any portion of the Collateral including, without limitation, any Borrower's reclamation of or repossession of, or the return to any Borrower of a material amount of goods or claims of, or disputes asserted by any Customer or other obligorobligor regarding a material amount of goods or claims. Each No Borrower will notwill, without the LenderAgent's consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of each such Borrower.

Disclosure of Material Matters. Immediately upon learning thereof, report to the Lender Agent all matters materially affecting the value, enforceability or collectibility of any material portion of the Collateral including, without limitation, any Borrower's ’s reclamation of or repossession of, or the return to any Borrower of of, a material amount of goods or claims or disputes asserted by any Customer or other obligor. Each Borrower will not, without the Lender's Agent’s consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any material additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of each Borrower.

Disclosure of Material Matters. Immediately upon learning thereof, report to the Lender all matters materially affecting the value, enforceability or collectibility of any portion of the Collateral including, without limitation, any Borrower's reclamation of or repossession of, or the return to any Borrower of of, a material amount of goods or claims or disputes asserted by any Customer or other obligor. Each Borrower will not, without the Lender's consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of each Borrower.

Disclosure of Material Matters. Immediately Promptly upon learning ------------------------------ thereof, report to the Lender Agent all matters materially affecting the value, enforceability or collectibility of any portion of the Collateral including, without limitation, any Borrower's reclamation of of, repossession of, or the return to any Borrower of a material amount of goods or claims or disputes asserted by any Customer or other obligor. Each Borrower will not, without the LenderAgent's consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of each Borrower.

Disclosure of Material Matters. Immediately upon learning thereof, report to the Lender all matters materially affecting the value, enforceability or collectibility collectability of any portion of the Collateral including, without limitation, any the Borrower's reclamation of repossession of, or the return to any the Borrower of a material amount of goods or claims or disputes asserted by any Customer or other obligor. Each The Borrower will not, without the Lender's consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of each the Borrower.

Disclosure of Material Matters. Immediately upon learning thereof, report to the Lender all matters materially affecting the value, enforceability or collectibility collectability of any portion of the Collateral including, without limitation, any the Borrower's reclamation of or repossession of, or the return to any the Borrower of a material amount of goods or claims or disputes asserted by any Customer or other obligor. Each The Borrower will not, without the Lender's consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of each the Borrower.

Disclosure of Material Matters. Immediately upon learning thereof, report to the Lender all matters materially affecting the value, enforceability or collectibility of any portion of the Collateral including, without limitation, any the Borrower's reclamation of repossession of, or the return to any the Borrower of a material amount of goods or claims or disputes asserted by any Customer or other obligor. Each The Borrower will not, without the Lender's consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of each the Borrower.

Disclosure of Material Matters. Immediately upon learning thereof, report to the Lender all matters materially affecting the value, enforceability or collectibility of any portion of the Collateral including, without limitation, any either Borrower's reclamation of repossession of, or the return to any such Borrower of a material amount of goods or claims or disputes asserted by any Customer or other obligor. Each Borrower The Borrowers will not, without the Lender's consent, compromise or adjust any material amount of the Receivables (or extend the time for payment thereof) or accept any material returns of merchandise or grant any additional discounts, allowances or credits thereon except for those compromises, adjustments, returns, discounts, credits and allowances as have been heretofore customary in the business of each Borrowerthe Borrowers.