Confess definition
Examples of Confess in a sentence
No Single Exercise Of The Foregoing Warrant And Power To Confess Judgment Will Be Deemed To Exhaust The Power, Whether Or Not Any Such Exercise Shall Be Held By Any Court To Be Invalid, Voidable Or Void; But The Power Will Continue Undiminished And May Be Exercised From Time To Time As Lender May Elect Until All Amounts Owing On This Note Have Been Paid In Full.
Borrower Shall, Upon Lender’s Request, Name Such Additional Or Alternative Person(S) Designated By Lender As Borrower’s Duly Constituted Attorney(S)-In-Fact To Confess Judgment Against The Borrower.
No Single Exercise Of The Power To Confess Judgment Shall Be Deemed To Exhaust The Power And No Judgment Against Fewer Then All The Persons Constituting The Borrower Shall Bar Subsequent Action Or Judgment Against Any One Or More Of Such Persons Against Whom Judgment Has Not Been Obtained In This Instrument.
Confess a judgment against the Partnership in connection with any threatened or pending legal action.
Confess a judgment against the Partnership or submitting a claim of any of the Partnership to arbitration.
Confess a judgment against the Company or any Subsidiary; settle or adjust any claims against the Company or any Subsidiary; or commence, negotiate and/or settle any legal actions or proceedings brought by the Company or any Subsidiary against unaffiliated third parties; provided, however, Managing Member may settle or adjust any claim which is not the subject of a legal action or proceeding of $100,000 or less.
Confess a judgment against the Company, settle or adjust any claims against the Company, or commence, negotiate and/or settle any legal actions or proceedings brought by the Company against unaffiliated third parties; provided, however, that Managing Member may settle or adjust any claim which is not the subject of a legal action or proceeding of $100,000 or less.
The Warrant of Attorney to Confess Judgment hereunder shall not be extinguished by one or more exercises thereof, but may be exercised from time to time until all of the Subcontractor's obligations to the Contractor under the foregoing Subcontract are paid in full.
This Warrant of Attorney to Confess Judgment ------------- shall be construed in accordance with and governed by the internal laws of the State of New Jersey.
Majority Vote of the Voting Members, including the Managers: Confess Judgment.