Common use of Acknowledgement of Receipt Clause in Contracts

Acknowledgement of Receipt. a receipt in writing in form and substance satisfactory to the Lender including an acknowledgement and admission of the Borrower and the Corporate Guarantor to the effect that the Commitment or relevant part thereof (as the case may be) was drawn by the Borrower and a declaration by the Borrower and the Corporate Guarantor that all conditions precedent have been fulfilled, that there is no Event of Default and that all the representations and warranties are true and correct;

Acknowledgement of Receipt. a receipt in writing in form and substance satisfactory to the Lender including an acknowledgement and admission of the Borrower and the Corporate Guarantor and/or any other Security Party to the effect that the Commitment or relevant part thereof (as the case may be) Loan was drawn by the Borrower and a declaration by the Borrower and the Corporate Guarantor that all conditions precedent have been fulfilled, that there is no Event of Default and that all the representations and warranties are true and correct;

Acknowledgement of Receipt. a receipt in writing in form and substance satisfactory to the Lender including an acknowledgement and admission of the Borrower Borrowers and the Corporate Guarantor to the effect that the Commitment or relevant part thereof (as the case may be) was drawn by the Borrower Borrowers and a declaration by the Borrower Borrowers and the Corporate Guarantor that all conditions precedent have been fulfilled, that there is no Event of Default and that all the representations and warranties are true and correct;