Acknowledgement of Debt. Borrower acknowledges that there are no claims, demands, offsets or defenses at law or in equity that would defeat or diminish Bank’s right to collect the indebtedness evidenced by the documents described in the Recitals (“Loan Documents”) and to proceed to enforce the rights and remedies available to Bank as provided in the Loan Documents or by law. Capitalized terms in this Modification shall have the meanings given to them in the Loan Documents unless otherwise defined herein.
Acknowledgement of Debt. CCD-16 We hereby confirm and acknowledge my/our indebtedness on of the sum of Rs. (Rupees only) as stated in such that the debt is secured in the manner stated in the Schedule II below. The said documents of security executed on are in full force and effect and that the security thereunder is also in full force and effect. Further, l/We acknowledge for the purpose of Section 18 of the Limitation act, 1963 and any like limitation law in order to preclude any question of limitation law that I/We are liable to you for the payment of the outstanding amount as mentioned in the schedule I below and in respect of all the present and future indebtedness and liabilities of the said credit facilities together with interest, costs, charges and expenses in terms of the said promissory notes/agreements/documents as mentioned in schedule II and the said promissory notes/agreements/documents shall remain in force with all relative securities, agreements and obligations. Dated: (Stamp) (Signature/s of the Borrowers) I/We, the guarantor/s concur in the foregoing confirmation and acknowledge my/our liability under the letter/deed/agreement of guarantee signed by me /us and declare that the said guarantee is in full force and effect. Dated Schedule I Signature/s of the Guarantor/s) Facility Limit Sanctioned Outstandina as on (in Rupees) TRACTOR LOAN Schedule II oo Security Documents: Sr.N Document Dt. of Execution Amount 1 LOAN CUM HYPOTHECATION AGREEMENT 2 DEED OF GUARANTEE LETTER FOR DELIVERY OF P OST DATED CHEQUES Axis Bank Ltd. LETTER OF ACKNOWLEDGEMENT OF DEBT CCD-16 We hereby confirm and acknowledge my/our indebtedness on of the sum of Rs. (Rupees only) as stated in such that the debt is secured in the manner stated in the Schedule II below. The said documents of security executed on are in full force and effect and that the security thereunder is also in full force and effect. Further, l/We acknowledge for the purpose of Section 18 of the Limitation act, 1963 and any like limitation law in order to preclude any question of limitation law that I/We are liable to you for the payment of the outstanding amount as mentioned in the schedule I below and in respect of all the present and future indebtedness and liabilities of the said credit facilities together with interest, costs, charges and expenses in terms of the said promissory notes/agreements/documents as mentioned in schedule II and the said promissory notes/agreements/documents shall remain in force with all relati...
Acknowledgement of Debt. 1.1 In this Acknowledgement of debt, unless the context otherwise indicates: ‘’application’’ means the application form overleaf;
Acknowledgement of Debt. JKXJ acknowledges that it owes the Holder One Hundred Thousand Dollars ($100,000) plus applicable interest pursuant to the Note (the "Obligation").
Acknowledgement of Debt. The Borrower acknowledges that it is indebted to the Lenders for the principal amount outstanding of the Loan Notes from time to time as recorded in the Register.
Acknowledgement of Debt. 1.1 The Company acknowledges and agrees that it is indebted to the Creditor in the amount of the Debt.
Acknowledgement of Debt. JKXJ acknowledges that it owes the Holder Twenty Five Thousand Dollars ($25,000) plus applicable interest pursuant to the Note (the "Obligation").
Acknowledgement of Debt. Borrower acknowledges that there are no claims, demands, offsets or defenses at law or in equity that would defeat or diminish Sumitomo's right to collect the indebtedness evidenced by the Note and Agreement and to proceed to enforce the rights and remedies available to Sumitomo as provided in the Loan Documents or by law.
Acknowledgement of Debt. The Borrower acknowledges that it is indebted to the Lenders for the principal amount outstanding of the Loan Notes from time to time (and that the principal amount outstanding of the Loan Notes from time to time will be equal to the Principal Outstanding of the Loan at such time), as recorded in the Register. Loan Note Subscription Agreement | DLA Piper | 197 5 Nature and status of Loan Notes
Acknowledgement of Debt. 2.1 The Company and the Subscriber acknowledge and agree that, as of the date of this Agreement, the Company is indebted to the Subscriber in the amount of the Outstanding Debt.
