Common use of Acknowledgment of Indebtedness Clause in Contracts

Acknowledgment of Indebtedness. 1. The Obligors each hereby acknowledge and agree that, in accordance with the terms and conditions of the Loan Documents, they are jointly and severally liable to the Lender as follows:

Appears in 3 contracts

Samples: Loan Modification Agreement (Cybex International Inc), Loan Modification Agreement (Cybex International Inc), Loan Modification Agreement (Cybex International Inc)

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Acknowledgment of Indebtedness. 1. The Obligors Borrower and the Guarantors (collectively, the “Obligors”) each hereby acknowledge and agree that, in accordance with the terms and conditions of the Loan Financing Documents, they are jointly unconditionally, jointly, and severally liable to the Lender as follows:

Appears in 1 contract

Samples: Ratification Agreement (Cirtran Corp)

Acknowledgment of Indebtedness. 1. The Obligors and Investor each hereby acknowledge and agree that, in accordance with the terms and conditions of the Loan Documents, they are jointly and severally liable to the Lender as followsthat:

Appears in 1 contract

Samples: Loan Modification Agreement (Empire Petroleum Corp)

Acknowledgment of Indebtedness. 1. The Obligors each hereby acknowledge and agree that, in accordance with the terms and conditions of the Loan Financing Documents, they are jointly unconditionally, jointly, and severally liable to the Lender as follows:

Appears in 1 contract

Samples: Forbearance Agreement (Cirtran Corp)

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Acknowledgment of Indebtedness. 1. The Obligors each hereby acknowledge and agree that, in accordance with the terms and conditions of the Loan Financing Documents, they are jointly and severally liable to the Lender as follows:

Appears in 1 contract

Samples: Forbearance Agreement and Amendment (Cirtran Corp)

Acknowledgment of Indebtedness. 1. The Each of the Obligors each hereby acknowledge acknowledges and agree agrees that, in accordance with the terms and conditions of the Loan Documents, they are jointly and severally it is liable to the Lender Lenders and the Agent as follows:

Appears in 1 contract

Samples: Agreement (Vringo Inc)

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