Litigation Settlements. Settle any material litigation which involves the loss of any rights or payment of any moneys or royalties in excess of $25,000 without the consent of Lender, which consent shall not be unreasonably withheld or delayed.
Appears in 3 contracts
Sources: Loan Agreement (Greystone Funding Corp), Loan Agreement (Schick Technologies Inc), Loan Agreement (Schick Technologies Inc)