Common use of Acknowledgments and Representations Clause in Contracts

Acknowledgments and Representations. Borrower acknowledges and represents that the Note and other Loan Documents, as amended hereby, are in full force and effect without any defense, counterclaim, right or claim of set-off; that, after giving effect to this Agreement, no default or event that with the passage of time or giving of notice would constitute a default under the Loan Documents has occurred, all representations and warranties contained in the Loan Documents are true and correct as of this date, all necessary action to authorize the execution and delivery of this Agreement has been taken; and this Agreement is a modification of an existing obligation and is not a novation.

Appears in 21 contracts

Samples: Agreement (Force Protection Inc), Fourth Modification (American Land Lease Inc), Modification Number (Force Protection Inc)

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Acknowledgments and Representations. Borrower acknowledges and represents that the Note Note, the Loan Agreement and other Loan Documents, as amended hereby, are in full force and effect without any defense, counterclaim, right or claim of set-off; that, after giving effect to this Agreement, no default or event that with the passage Event of time or giving of notice would constitute a default Default under the Loan Documents has occurred, all representations and warranties contained in the Loan Documents are true and correct as of this datethe Effective Date, all necessary action to authorize the execution and delivery of this Agreement has been taken; and this Agreement is a modification of an existing obligation and is not a novation.

Appears in 2 contracts

Samples: Master Loan Agreement (Asbury Automotive Group Inc), Master Loan Agreement (Asbury Automotive Group Inc)

Acknowledgments and Representations. Borrower acknowledges and represents that the Note and other Loan Documents, as amended hereby, are in full force and effect without any defense, counterclaim, right or claim of set-off; that, after giving effect to this Agreement, no default or event that with the passage of time or giving of notice would constitute a default under the Loan Documents has occurred, all representations and warranties contained in the Loan Documents are true and correct as of this date (except where such representations and warranties relate specifically to a prior date), all necessary action to authorize the execution and delivery of this Agreement has been taken; and this Agreement is a modification of an existing obligation and is not a novation.

Appears in 2 contracts

Samples: Note and Loan Agreement (Farrel Corp), Agreement (Farrel Corp)

Acknowledgments and Representations. Borrower acknowledges and represents that the this Note and other Loan Documents, as amended hereby, are in full force and effect without any defense, counterclaim, right or claim of set-off; that, after giving effect to this Agreement, no default or event that with the passage of time or giving of notice would constitute a default under the Loan Documents has occurred, all representations and warranties contained in the Loan Documents are true and correct as of this date, all necessary action to authorize the execution and delivery of this Agreement has been taken; and this Agreement is a modification of an existing obligation and is not a novation.

Appears in 1 contract

Samples: Loan Agreement (Mace Security International Inc)

Acknowledgments and Representations. Borrower acknowledges and represents that the Note Notes and other Loan Documents, as amended hereby, are in full force and effect without any defense, counterclaim, right or claim of set-off; that, after giving effect to this Agreement, no default or event that with the passage of time or giving of notice would constitute a default under the Loan Documents has occurred, all representations and warranties contained in the Loan Documents are true and correct as of this date, all necessary action to authorize the execution and delivery of this Agreement has been taken; and this Agreement is a modification of an existing obligation and is not a novation.

Appears in 1 contract

Samples: Note and Loan Modification Agreement (A.C. Moore Arts & Crafts, Inc.)

Acknowledgments and Representations. Borrower acknowledges and represents that the LOC Note and other Loan Documents, as amended hereby, are in full force and effect without any defense, counterclaim, right or claim of set-off; that, after giving effect to this Agreement, no default or event that with the passage of time or giving of notice would constitute a default under the Loan Documents has occurred, all representations and warranties contained in the Loan Documents are true and correct as of this date, all necessary action to authorize the execution and delivery of this Agreement has been taken; and this Agreement is a modification of an existing obligation and is not a novation.

Appears in 1 contract

Samples: Agreement (A.C. Moore Arts & Crafts, Inc.)

Acknowledgments and Representations. Borrower acknowledges and represents that the Note and other Loan Documents, as amended hereby, are in full force and effect without any defense, counterclaim, right or claim of set-set- off; that, after giving effect to this Agreement, no default or event that with the passage of time or giving of notice would constitute a default under the Loan Documents has occurred, all representations and warranties contained in the Loan Documents are true and correct as of this date, all necessary action to authorize the execution and delivery of this Agreement has been taken; and this Agreement is a modification of an existing obligation and is not a novation. Without limiting the foregoing, Borrower acknowledges that the Note is due and payable in full on February 28, 2003.

Appears in 1 contract

Samples: Loan Agreement (Farmstead Telephone Group Inc)

Acknowledgments and Representations. Borrower acknowledges and represents that the Note notes and other Loan Documents, as amended hereby, are in full force and effect without any defense, counterclaim, right or claim of set-off; that, after giving effect to this Agreement, other than the Existing Defaults, no default Default or event that with the passage of time or giving of notice would constitute a default Default or an Event of Default under the Loan Documents has occurred, all representations and warranties contained in the Loan Documents are true and correct as of this date, all necessary action to authorize the execution and delivery of this Agreement has been taken; and this Agreement is a modification of an existing obligation and is not a novation.

Appears in 1 contract

Samples: Note and Loan Modification Agreement (A.C. Moore Arts & Crafts, Inc.)

Acknowledgments and Representations. Borrower acknowledges and represents that the Note and other Loan Documents, as amended hereby, are in full force and effect without any defense, counterclaim, right or claim of set-set- off; that, after giving effect to this Agreement, no default or event that with the passage of time or giving of notice would constitute a default under the Loan Documents has occurred, all representations and warranties contained in the Loan Documents are true and correct as of this date, all necessary action to authorize the execution and delivery of this Agreement has been taken; and this Agreement is a modification of an existing obligation and is not a novation.

Appears in 1 contract

Samples: Loan Agreement (Farmstead Telephone Group Inc)

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Acknowledgments and Representations. Borrower acknowledges and represents that the Note Notes, the Loan Agreement and other Loan Documents, as amended hereby, are in full force and effect without any defense, counterclaim, right or claim of set-off; that, after giving effect to this Agreement, no default or event that with the passage Event of time or giving of notice would constitute a default Default under the Loan Documents has occurred, all representations and warranties contained in the Loan Documents are true and correct as of this date, all necessary action to authorize the execution and delivery of this Agreement has been taken; and this Agreement is a modification of an existing obligation and is not a novation.

Appears in 1 contract

Samples: Master Loan Agreement (DriveTime Sales & Finance Company, LLC)

Acknowledgments and Representations. Borrower acknowledges and represents that the Note Note, the Loan Agreement and other Loan Documents, as amended hereby, are in full force and effect without any defense, counterclaim, right or claim of set-off; that, after giving effect to this Agreement, that no default or event that with the passage Event of time or giving of notice would constitute a default Default under the Loan Documents has occurred, all representations and warranties contained in the Loan Documents are true and correct as of this datethe date hereof, all necessary action to authorize the execution and delivery of this Agreement has been taken; and this Agreement is a modification of an existing obligation and is not a novation.

Appears in 1 contract

Samples: Master Loan Agreement (Asbury Automotive Group Inc)

Acknowledgments and Representations. Borrower acknowledges and represents that the Note Loan Agreement and other Loan Documents, as amended hereby, are in full force and effect without any defense, counterclaim, right or claim of set-off; that, after giving effect to this Agreement, no default or event that with the passage of time or giving of notice would constitute a default under the Loan Documents has occurred, all representations and warranties contained in the Loan Documents are true and correct as of this date, all necessary action to authorize the execution and delivery of this Agreement has been taken; and this Agreement is a modification of an existing obligation and is not a novation.

Appears in 1 contract

Samples: Loan Agreement (Paragon Technologies Inc)

Acknowledgments and Representations. Borrower acknowledges and represents that the this Note and other Loan Documents, as amended hereby, are in full force and effect without any defense, counterclaim, right or claim of set-set- off; that, after giving effect to this Agreement, no default or event that with the passage of time or giving of notice would constitute a default under the Loan Documents has occurred, all representations and warranties contained in the Loan Documents are true and correct as of this date, all necessary action to authorize the execution and delivery of this Agreement has been taken; and this Agreement is a modification of an existing obligation and is not a novation.

Appears in 1 contract

Samples: Agreement (Farmstead Telephone Group Inc)

Acknowledgments and Representations. Borrower acknowledges and represents that the Note and other Loan Documents, as amended hereby, are in full force and effect without any defense, counterclaim, right or claim of set-set- off; that, after giving effect to this Agreement, no default or event that with the passage of time or giving of notice would constitute a default under the Loan Documents has occurred, all representations and warranties contained in the Loan Documents are true and correct as of this date, all necessary action to authorize the execution and delivery of this Agreement has been taken; and this Agreement is a modification of an existing obligation and is not a novation. Without limiting the foregoing, Borrower acknowledges that the Note remains due and payable in full on September 30, 2002.

Appears in 1 contract

Samples: Loan Agreement (Farmstead Telephone Group Inc)

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