Common use of Acknowledgments and Agreements Clause in Contracts

Acknowledgments and Agreements. (a) Each Loan Party acknowledges that on the date hereof all outstanding Obligations are payable in accordance with their terms and each Loan Party waives any defense, offset, counterclaim or recoupment (other than a defense of payment or performance) with respect thereto.

Appears in 13 contracts

Samples: Credit Agreement (Forum Energy Technologies, Inc.), Credit Agreement (Penn Virginia Corp), Credit Agreement (Penn Virginia Corp)

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Acknowledgments and Agreements. (a) Each Loan Party acknowledges that that, on the date hereof hereof, all outstanding Obligations are payable in accordance with their terms and each Loan Party waives any defense, offset, counterclaim or recoupment (other than a defense of payment or performance) with respect thereto.

Appears in 1 contract

Samples: Credit Agreement (Ranger Oil Corp)

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