Common use of Acknowledgment of Outstanding Balance Clause in Contracts

Acknowledgment of Outstanding Balance. The parties hereto acknowledge that the outstanding principal balance of the $3,000,000.00 Note as of the date hereof is THREE MILLION AND NO/100 DOLLARS ($33,000,000.00) and the outstanding principal balance of the $20,000,000.00 Note is TWENTY MILLION AND NO/100 DOLLARS ($20,000,000.00).

Appears in 1 contract

Samples: Modification, Renewal and Extension Agreement (Craftmade International Inc)

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Acknowledgment of Outstanding Balance. The parties hereto acknowledge that the outstanding principal balance of the $3,000,000.00 Note as of the date hereof is THREE MILLION AND NO/100 DOLLARS ($33,000,000.00) and the outstanding principal balance of the $20,000,000.00 Note is TWENTY MILLION AND NO/100 DOLLARS ($20,000,000.003,000,000.00).

Appears in 1 contract

Samples: 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 the date hereof July 1, 2010, is THREE MILLION AND NO/100 DOLLARS ($33,000,000.00) and the outstanding principal balance of the $20,000,000.00 Note is TWENTY MILLION AND NO/100 DOLLARS ($20,000,000.003,000,000.00).

Appears in 1 contract

Samples: Renewal, Extension and Modification Agreement (Plainscapital Corp)

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Acknowledgment of Outstanding Balance. The parties hereto acknowledge that the outstanding principal balance of the $3,000,000.00 Note as of the date hereof June 1, 2009, is THREE MILLION FIVE HUNDRED THOUSAND AND NO/100 DOLLARS ($33,000,000.00) and the outstanding principal balance of the $20,000,000.00 Note is TWENTY MILLION AND NO/100 DOLLARS ($20,000,000.003,500,000.00).

Appears in 1 contract

Samples: Renewal, Extension and Modification Agreement (Plainscapital Corp)

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