Estoppel. To induce Lenders to enter into this Amendment and to continue to make advances to Borrowers under the Loan Agreement, each Obligor hereby acknowledges and agrees that, as of the date hereof, there exists no right of offset, defense, counterclaim or objection in favor of any Obligor as against Agent or any Lender with respect to the Obligations.
Appears in 14 contracts
Samples: Loan and Security Agreement (Callaway Golf Co), Loan and Security Agreement (Callaway Golf Co), Loan and Security Agreement (Callaway Golf Co)
Estoppel. To induce Lenders to enter into this Amendment and to continue to make advances to Borrowers Borrower under the Loan Agreement, each Obligor Borrower hereby acknowledges and agrees that, as of the date hereof, there exists no right of offset, defense, counterclaim or objection in favor of any Obligor Borrower as against Agent or any Lender with respect to the Obligations.
Appears in 14 contracts
Samples: Loan and Security Agreement (Clearwater Paper Corp), Loan and Security Agreement (Clearwater Paper Corp), Loan and Security Agreement (Clearwater Paper Corp)
Estoppel. To induce Lenders to enter into this Amendment and to continue to make advances to Borrowers under the Loan Agreement, each Obligor Borrower hereby acknowledges and agrees that, as of the date hereof, there exists no right of offset, defense, counterclaim or objection in favor of any Obligor such Borrower as against Agent or any Lender with respect to the Obligations.
Appears in 8 contracts
Samples: Loan and Security Agreement and Waiver (Nautilus, Inc.), Loan and Security Agreement and Consent (Nautilus, Inc.), Loan and Security Agreement (Nautilus, Inc.)
Estoppel. To induce Lenders Lender to enter into this Amendment and to continue to make advances to Borrowers under the Loan Agreement, each Obligor Borrower hereby acknowledges and agrees that, as of the date hereof, there exists no right of offset, defense, counterclaim or objection in favor of any Obligor Borrower as against Agent or any Lender with respect to the Obligations.
Appears in 7 contracts
Samples: Loan and Security Agreement and Waiver (Geologistics Corp), Loan and Security Agreement (Image Entertainment Inc), Loan and Security Agreement (Geologistics Corp)
Estoppel. To induce Lenders to enter into this Amendment and to continue to make advances to Borrowers under the Loan Agreement, each Obligor Borrower and each Guarantor hereby acknowledges and agrees that, as of the date hereof, there exists no right of offset, defense, counterclaim or objection in favor of any Obligor such Borrower or such Guarantor as against Agent or any Lender with respect to the Obligations.
Appears in 6 contracts
Samples: Guaranty and Security Agreement (Headwaters Inc), Guaranty and Security Agreement (Headwaters Inc), Guaranty and Security Agreement (Headwaters Inc)
Estoppel. To induce Agent and Lenders to enter into this Amendment and to continue to make advances to Borrowers Borrower under the Loan Agreement, each Obligor Borrower hereby acknowledges and agrees that, as of the date hereof, there exists no right of offset, defense, counterclaim or objection in favor of any Obligor Borrower as against Agent or any Lender Lenders with respect to the Obligations.
Appears in 4 contracts
Samples: Loan and Security Agreement and Waiver (Commerce Energy Group, Inc.), Loan and Security Agreement and Waiver (Commerce Energy Group, Inc.), Loan and Security Agreement (Commerce Energy Group, Inc.)
Estoppel. To induce Lenders Lender to enter into this Amendment and to continue to make advances to Borrowers Borrower under the Loan Agreement, each Obligor Borrower and Guarantors hereby acknowledges acknowledge and agrees agree that, as of the date hereof, there exists no right of offset, defense, counterclaim or objection in favor of Borrower or any Obligor Guarantor as against Agent or any Lender with respect to the Obligations.
Appears in 4 contracts
Samples: Loan and Security Agreement (Image Entertainment Inc), Loan and Security Agreement (Image Entertainment Inc), Loan and Security Agreement (Image Entertainment Inc)
Estoppel. To induce Lenders to enter into this Amendment and to continue to make advances to Borrowers under the Loan Agreement, each Obligor Borrower and each Guarantor hereby acknowledges and agrees that, as of the date hereof, there exists no right of offset, defense, counterclaim or objection in favor of any Obligor such Borrower as against Agent or any Lender with respect to the Obligations.
Appears in 3 contracts
Samples: Loan and Security Agreement (Headwaters Inc), Loan and Security Agreement (Headwaters Inc), Loan and Security Agreement and Release (Headwaters Inc)
Estoppel. To induce Lenders Agent and Co-Lender to enter into this Amendment and to continue to make advances to Borrowers Borrower under the Loan Agreement, each Obligor Borrower hereby acknowledges and agrees that, as of the date hereof, there exists no right of offset, defense, counterclaim or objection in favor of any Obligor Borrower as against Agent or any Co-Lender with respect to the Obligations.
Appears in 3 contracts
Samples: Loan and Security Agreement and Waiver (Commerce Energy Group, Inc.), Loan and Security Agreement and Waiver (Commerce Energy Group, Inc.), Loan and Security Agreement and Waiver (Commerce Energy Group, Inc.)
Estoppel. To induce Agent and the Lenders to enter into this Amendment and to continue to make advances to Borrowers under the Loan Agreement, each Obligor Borrower hereby acknowledges and agrees that, as of the date hereof, there exists that no right of offset, defense, counterclaim or objection in favor of any Obligor Borrower as against Agent or any Lender with respect to the Obligations.
Appears in 2 contracts
Samples: Loan and Security Agreement and Waiver (Mercury Air Group Inc), Loan and Security Agreement and Waiver (Mercury Air Group Inc)
Estoppel. To induce Lenders to enter into this Amendment and to continue to make advances to Borrowers under the Loan Agreement, each Obligor Borrower and Parent hereby acknowledges and agrees that, as of the date hereof, there exists no right of offset, defense, counterclaim or objection in favor of any Obligor such Borrower or Parent as against Agent or any Lender with respect to the Obligations.
Appears in 2 contracts
Samples: Loan and Security Agreement (Headwaters Inc), Guaranty and Security Agreement (Headwaters Inc)
Estoppel. To induce Lenders Agent to enter into this Amendment and to continue to make advances to Borrowers Borrower under the Loan Agreement, each Obligor Borrower hereby acknowledges and agrees that, as of the date hereof, there exists no right of offset, defense, counterclaim or objection in favor of any Obligor Borrower as against Agent or any the other Lender with respect to the Obligations.
Appears in 2 contracts
Samples: Loan and Security Agreement (Commerce Energy Group, Inc.), Loan and Security Agreement (Commerce Energy Group, Inc.)
Estoppel. To induce Lenders Xxxxxxx to enter into this Amendment and to continue to make advances to Borrowers under the Loan Agreement, each Obligor hereby acknowledges and agrees that, as of the date hereof, there exists no right of offset, defense, counterclaim or objection in favor of any Obligor as against Agent or any Lender with respect to the Obligations.
Appears in 1 contract
Samples: Loan and Security Agreement (Topgolf Callaway Brands Corp.)
Estoppel. To induce the Agent and the Lenders to enter into this Amendment and to induce the Lenders to continue to make advances to Borrowers under the Loan Agreement, each Obligor Borrower hereby acknowledges and agrees that, as of the date hereof, there exists no right of offset, defense, counterclaim or objection in favor of any Obligor Borrower as against the Agent or any Lender with respect to the Obligations.
Appears in 1 contract
Samples: Loan and Security Agreement (Radiant Logistics, Inc)
