Common use of Acknowledgment of Debt Clause in Contracts

Acknowledgment of Debt. The Debtor, within ten (10) days after request by the Secured Party in writing, will furnish to the Secured Party, or to any proposed assignee of this Security Agreement, a written statement duly acknowledged of the amount due under this Security Agreement and the Note and due under any material Contract, and whether any offsets, counterclaims or defenses exist against the secured debt.

Acknowledgment of Debt. The Debtor, within ten five (105) days after request by the Secured Party in writing, will furnish to the Secured Party, or to any proposed assignee of this Security Agreement, a written statement duly acknowledged of the amount due under this Security Agreement and the Note and due under any material ContractNote, and whether any offsetsoff-sets, counterclaims or defenses exist against the secured debt.

Acknowledgment of Debt. The Debtor, within ten (10) days after request by the Secured Party in writing, will furnish to the Secured Party, or to any proposed assignee of this Security Agreement, a written statement duly acknowledged of the amount due under this Security Agreement and the Note and due under any material each Contract, and whether any offsets, counterclaims or defenses exist against the secured debt.

Acknowledgment of Debt. The Debtor, within ten five (105) days after request by the Secured Party in writing, will furnish to the Secured Party, or to any proposed assignee of this Security Agreement, a written statement duly acknowledged of the amount due under this Security Agreement and the Note and due under any material ContractNote, and whether any offsets, counterclaims or defenses exist against the secured debt.