Common use of Reaffirmation of Indebtedness Clause in Contracts

Reaffirmation of Indebtedness. Borrower and Lender hereby acknowledge and confirm that: (a) the outstanding principal balance and accrued interest of the Note as of the Amendment Date is equal to $2,496,264.77, (b) Borrower's obligation to repay the outstanding principal balance and accrued interest of the Note and all other Indebtedness is unconditional and not subject to any offsets, defenses or counterclaims, and (c) by entering into this Amendment, Lender does not waive or release any term or condition of the Note or the other Loan Documents or any of its rights or remedies under such Loan Documents, or applicable law, except as set forth herein.

Reaffirmation of Indebtedness. Borrower and Lender hereby acknowledge and confirm that: (a) the outstanding principal balance of and accrued interest of on the Note Indebtedness as of the Amendment Date is equal to $2,496,264.7712,068,954.26, (b) Borrower's obligation to repay the outstanding principal balance and accrued interest of the each Note and all other Indebtedness is unconditional and not subject to any offsets, defenses or counterclaims, and (c) by entering into this Amendment, Lender does not waive or release any term or condition of the Note Notes or the other Loan Documents or any of its rights or remedies under such Loan Documents, or applicable law, except as set forth herein.

Reaffirmation of Indebtedness. Borrower and Lender hereby acknowledge and confirm that: (a) the outstanding principal balance and accrued interest of the Note as of the Amendment Date is equal to $2,496,264.772,565,716.12, (b) Borrower's obligation to repay the outstanding principal balance and accrued interest of the Note and all other Indebtedness is unconditional and not subject to any offsets, defenses or counterclaims, and (c) by entering into this Amendment, Lender does not waive or release any term or condition of the Note or the other Loan Documents or any of its rights or remedies under such Loan Documents, or applicable law, except as set forth herein.

Reaffirmation of Indebtedness. Borrower and Lender hereby acknowledge and confirm that: (a) the outstanding principal balance of and accrued interest of on the Note Indebtedness as of the Amendment Date is equal to $2,496,264.7711,791,241.94, (b) Borrower's obligation to repay the outstanding principal balance and accrued interest of the each Note and all other Indebtedness is unconditional and not subject to any offsets, defenses or counterclaims, and (c) by entering into this Amendment, Lender does not waive or release any term or condition of the Note Notes or the other Loan Documents or any of its rights or remedies under such Loan Documents, or applicable law, except as set forth herein.

Reaffirmation of Indebtedness. Borrower and Lender hereby acknowledge and confirm that: (a) the outstanding principal balance and accrued interest of the each Note as of the Amendment Date is equal to $2,496,264.77the amount listed beside such Note on Exhibit A hereto, (b) Borrower's obligation to repay the outstanding principal balance and accrued interest of the each Note and all other Indebtedness is unconditional and not subject to any offsets, defenses or counterclaims, and (c) by entering into this Amendment, Lender does not waive or release any term or condition of the Note Notes or the other Loan Documents or any of its rights or remedies under such Loan Documents, or applicable law, except as set forth herein.

Reaffirmation of Indebtedness. Borrower and Lender hereby acknowledge and confirm that: (a) the outstanding principal balance and accrued interest of the Note as of the Amendment Date is equal to $2,496,264.772,609,391.71, (b) Borrower's obligation to repay the outstanding principal balance and accrued interest of the Note and all other Indebtedness is unconditional and not subject to any offsets, defenses or counterclaims, and (c) by entering into this Amendment, Lender does not waive or release any term or condition of the Note or the other Loan Documents or any of its rights or remedies under such Loan Documents, or applicable law, except as set forth herein.

Reaffirmation of Indebtedness. Borrower and Lender hereby acknowledge and confirm that: (a) the outstanding principal balance of and accrued interest of on the Note Indebtedness as of the Amendment Date is equal to $2,496,264.7712,243,598.10, (b) Borrower's obligation to repay the outstanding principal balance and accrued interest of the each Note and all other Indebtedness is unconditional and not subject to any offsets, defenses or counterclaims, and (c) by entering into this Amendment, Lender does not waive or release any term or condition of the Note Notes or the other Loan Documents or any of its rights or remedies under such Loan Documents, or applicable law, except as set forth herein.