Acknowledgment of Defaults. The Borrowers specifically acknowledge the existence and continuation of the Specified Defaults.
Appears in 3 contracts
Samples: Forbearance Agreement (Foothills Resources Inc), Forbearance Agreement (Foothills Resources Inc), Credit Agreement (Foothills Resources Inc)
Acknowledgment of Defaults. The Borrowers Borrower each specifically acknowledge acknowledges the existence and continuation of the Specified Defaults.
Appears in 2 contracts
Samples: Settlement and Deficiency Agreement (Megaworld Inc), Forbearance and Amendment Agreement (Industrial Holdings Inc)
Acknowledgment of Defaults. The Borrowers Each Borrower specifically acknowledge acknowledges the existence and continuation of the Specified Defaults.
Appears in 1 contract
Samples: Limited Forbearance Agreement (Furrs Restaurant Group Inc)