Common use of Lender Acknowledgements Clause in Contracts

Lender Acknowledgements. ▇▇▇▇▇▇ acknowledges and agrees that as of the date hereof: a. The outstanding principal of the Note as of the date hereof is $42,049,906.18; b. No payment default under the Operative Documents has occurred and is continuing; and c. to Lender’s actual knowledge, no other default under the Operative Documents has occurred and is continuing.