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Common use of Settlement and Release Clause in Contracts

Settlement and Release. Pledgor shall not make any election, compromise, adjustment or settlement in respect of any of the Collateral.

Appears in 8 contracts

Sources: Pledge and Security Agreement (Heritage Global Inc.), Pledge and Security Agreement (Heritage Global Inc.), Pledge and Security Agreement (Heritage Global Inc.)

Related Clauses

  • Separation Agreement and Release of Claims
  • Waiver and Release of Claims
  • Waiver and Release
  • Release of Claims
  • General Release of Claims

Parent Clauses

  • Covenants of Pledgor
  • Representations Warranties and Covenants
  • Creditor Representations, Warranties and Covenants
  • Payments on Certain Terminations
  • Other Provisions Regarding Payments and Benefits

Sub-Clauses

  • Release By Company
  • Mutual Assurances
  • Release By Executive
  • Mutual Agreements
  • Releases
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