Common use of PRESENT LOAN BALANCE Clause in Contracts

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 is $0.00 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 2 contracts

Samples: Loan and Security Agreement (Omnicell Com /Ca/), Loan and Security Agreement (Omnicell Inc /Ca/)

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PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 is June 30th, 1999is $0.00 1,958,426.09 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Silicon Gaming Inc

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 June 14, 1995 is $0.00 2,821,049.09 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan and Security Agreement (Rasterops)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 9/28/01 is $0.00 1,174,720.78 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Applied Imaging Corp

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's ’s indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 December 14, 2004 is $0.00 168,156.58 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Entrada Networks Inc

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 April 15, 2008 is $0.00 228,244.12 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: I/Omagic Corp

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 October 29, 2001 is $0.00 1,168,700.00 consisting of contingent obligations under the Foreign Exchange Contract Sublimit and Cash Management Services and Reserves (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Mti Technology Corp

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 __________________________________ is $0.00 ______________________ (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan and Security Agreement (Adexa Inc)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 __________ is $0.00 _________________ (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan and Security Agreement (Ag Associates Inc)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 March 5, 1998 is $0.00 $ 3,599,799.95 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan and Security Agreement (Fourth Shift Corp)

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PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 6/18/2001 is $0.00 1,000,000.00 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Natus Medical Inc

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 12-2719-00 02 is $0.00 0 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan and Security Agreement (Onyx Software Corp/Wa)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 September 7, 2001 is $0.00 12,008,516.69 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan and Security Agreement (Sigma Designs Inc)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 July 31, 2001 is $0.00 2,396,359.00 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan and Security Agreement (Digirad Corp)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 14-2714-00 04 is $0.00 311,711.27 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Adept Technology Inc

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 December 6, 2002 is $0.00 400,466.67 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Click2learn Inc/De/

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