Acknowledgment of Outstanding Balance. The parties hereto acknowledge that the outstanding principal balance of the $3,000,000.00 Note as of October 27, 2005 is ZERO AND NO/100 DOLLARS ($0.00) and $3,000,000.00 is available for draw and the outstanding principal balance of the $20,000,000.00 Note is FIFTEEN MILLION NINE HUNDRED SEVENTY ONE THOUSAND AND NO/100 DOLLARS ($15,971,000.00) and $4,029,000.00 is available for draw.
Appears in 3 contracts
Samples: Modification, Renewal and Extension Agreement (Craftmade International Inc), Modification, Renewal and Extension Agreement (Craftmade International Inc), Modification, Renewal and Extension Agreement (Craftmade International Inc)
Acknowledgment of Outstanding Balance. The parties hereto acknowledge that the outstanding principal balance of the $3,000,000.00 Note as of October December 27, 2005 is ZERO AND NO/100 DOLLARS ($0.00) and $3,000,000.00 is available for draw and the outstanding principal balance of the $20,000,000.00 Note is FIFTEEN THIRTEEN MILLION NINE EIGHT HUNDRED SEVENTY ONE TWENTY EIGHT THOUSAND AND NO/100 DOLLARS ($15,971,000.0013,828,000.00) and $4,029,000.00 6,172,000.00 is available for draw.
Appears in 1 contract
Samples: Renewal and Extension Agreement (Craftmade International Inc)
