Amounts Owing. The Borrower acknowledges and agrees that as of November 15, 2018, the principal amount of Loans and Letters of Credit is $40,148,000.00 ($15,235,000.00 in Term Loans, $13,512,000.00 in Revolving Loans, $7,986,000.00 in Bridge Term Loans, and $3,415,000.00 in Letters of Credit), and such amount (together with interest and fees thereon) is justly and truly owing by the Borrower without defense, offset or counterclaim.
Appears in 2 contracts
Sources: Limited, Conditional, and Temporary Waiver and Agreement Regarding Loan Documents (Limbach Holdings, Inc.), Limited, Conditional, and Temporary Waiver and Agreement Regarding Loan Documents
Amounts Owing. The Borrower acknowledges Loan Parties acknowledge and agrees agree that as of November 15, 2018, the principal amount of Loans and Letters of Credit as of March 29, 2002, is $40,148,000.00 52,577,184.68 ($15,235,000.00 45,800,000.00 in Term Loans, $13,512,000.00 3,777,184.68 in Bridge Loans, $2,990,000.00 in Revolving Loans, $7,986,000.00 in Bridge Term Loans, and $3,415,000.00 10,000.00 in Letters of Credit), ) and such amount (together with interest and fees thereon) is justly and truly owing by the Borrower and the other Loan Parties without defense, offset or counterclaim.
Appears in 1 contract