Common use of Acknowledgment of Borrower Clause in Contracts

Acknowledgment of Borrower. Borrower hereby acknowledges and agrees that: (a) Borrower has no defense, offset or counterclaim with respect to the payment of any sum owed to Agent or any Lender, or with respect to the performance or observance of any warranty or covenant contained in the Transaction Documents; and (b) Agent and each Lender has performed all obligations and duties owed to Borrower through the date hereof.

Appears in 3 contracts

Samples: Security Agreement (Active Network Inc), Loan and Security Agreement (Active Network Inc), Loan and Security Agreement (Active Network Inc)

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Acknowledgment of Borrower. Borrower hereby acknowledges and agrees that: (a) Borrower has no does not have any defense, offset offset, or counterclaim with respect to the payment of any sum owed to Agent or any the Lender, or with respect to the performance or observance of any warranty or covenant contained in the Transaction Documents; and (b) Agent and each the Lender has performed all obligations and duties owed to the Borrower through the date hereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Accolade, Inc.), Loan and Security Agreement (Accolade, Inc.)

Acknowledgment of Borrower. Borrower hereby acknowledges and agrees that: (a) Borrower has no does not have any defense, offset offset, or counterclaim with respect to the payment of any sum owed to Agent or any Lender, or with respect to the performance or observance of any warranty or covenant contained in the Transaction Documents; and (b) Agent and each Lender has performed all obligations and duties owed to Borrower through the date hereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Accolade, Inc.), Loan and Security Agreement (Accolade, Inc.)

Acknowledgment of Borrower. Borrower Borrowers hereby acknowledges acknowledge and agrees agree that, to the best of Borrower’s knowledge and belief: (a) Borrower has Borrowers have no defense, offset or counterclaim with respect to the payment of any sum owed to Agent or any Lender, or with respect to the performance or observance of any warranty or covenant contained in the Transaction Documents; and (b) Agent and each Lender has performed all obligations and duties owed to Borrower Borrowers through the date hereof.

Appears in 1 contract

Samples: Loan and Security Agreement (LDR Holding Corp)

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Acknowledgment of Borrower. Each Borrower hereby acknowledges and agrees that: (a) such Borrower has no does not have any defense, offset offset, or counterclaim with respect to the payment of any sum owed to Agent or any Lender, or with respect to the performance or observance of any warranty or covenant contained in the Transaction Documents; and (b) Agent and each Lender has performed all obligations and duties owed to Borrower Borrowers through the date hereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Accolade, Inc.)

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