Common use of Loan Statement Clause in Contracts

Loan Statement. Borrower and Lender hereby confirm that as of the date hereof, (i) there is no accrued and unpaid interest under the Loan, and (ii) there is no outstanding principal balance under the Loan. The maximum principal amount of the Note is $3,000,000.00.

Appears in 3 contracts

Samples: Loan Modification Agreement (Sutron Corp), Loan Modification Agreement (Sutron Corp), Note and Loan Modification Agreement (Sutron Corp)

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Loan Statement. Borrower and Lender hereby confirm that as of the date hereof, (i) there is no accrued and unpaid interest under the Loan, and (ii) there is no outstanding principal balance under the Loan. The maximum principal principle amount of the Note note is $3,000,000.00.

Appears in 1 contract

Samples: Note and Loan Modification Agreement (Sutron Corp)

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