Common use of Settling of Accounts Clause in Contracts

Settling of Accounts. During the Security Period, the Company shall not, and shall cause each of the Subsidiaries not to, sell, discount, settle or adjust any Account (as defined in the Security Agreement); provided, that after the Closing, so long as no Event of Default (as defined in the Notes) shall have occurred and be continuing, the Company and the Included Subsidiaries may (i) discount or settle past due Accounts on an arm’s length basis in the ordinary course of business, and (ii) provide early payment discounts in respect of Accounts in the ordinary course of business, consistent with past practice.

Settling of Accounts. During From the date of this Agreement until the end of the Security Period, the Company shall not, and shall cause each of the Subsidiaries not to, sell, discount, settle or adjust any Account (as defined in the Bridge Security Agreement); provided, provided that after the Closingdate hereof, so long as no Event of Default (as defined in the Notes) shall have occurred and be continuing, the Company and the Included Subsidiaries may (i) discount or settle past due Accounts on an arm’s length basis in the ordinary course of business, and (ii) provide early payment discounts in respect of Accounts in the ordinary course of business, consistent with past practice.

Settling of Accounts. During From the date of this Agreement until the end of the Security Period, the Company shall not, and shall cause each of the Subsidiaries not to, sell, discount, settle or adjust any Account (as defined in the Amended and Restated Security Agreement); provided, provided that after the ClosingAmendment Date, so long as no Event of Default (as defined in the Notes) shall have occurred and be continuing, the Company and the Included Subsidiaries may (i) discount or settle past due Accounts on an arm’s 's length basis in the ordinary course of business, and (ii) provide early payment discounts in respect of Accounts in the ordinary course of business, consistent with past practice.