Acknowledgment of liability Sample Clauses

Acknowledgment of liability. As of the date of this Amendment, Borrower owes Bank an amount equal to the Existing Debt. Borrower reaffirms all of its obligations under the Loan Documents and hereby forever waives and relinquishes any and all claims, offsets or defenses that Borrower may now have with respect to the payment of sums due and the performance of other obligations under the Loan Documents. The security interests in the Collateral granted to Bank under the Loan Agreement remain perfected, first priority liens.
Acknowledgment of liability. Each of the parties hereto acknowledge that the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing of the Borrower under the Loan Documents shall be debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to the Borrower generally and with respect to each series of the Borrower.
Acknowledgment of liability. We agree that: (a) the Client is indebted to the Company for an amount which is not less than the sum noted below as at the date noted below; (b) our guarantee is unlimited; and (c) all obligations under this Deed are additional to and do not (save to the extent of any inconsistency) invalidate any obligations any of us may have under any other agreement with the Company.
Acknowledgment of liability. Each of the Sears Parties shall have executed the acknowledgement of liability attached hereto as Exhibit 28.
Acknowledgment of liability. We agree that: (a) the Customer is indebted to Airefrig for an amount which is not less than the sum noted below as at the date noted below; (b) our guarantee is unlimited; (c) Airefrig does not need our consent in providing credit in excess of any credit limit sought and/or imposed; (d) Airefrig may be owed more than any acknowledged debt amount; and
Acknowledgment of liability. As of the date of this Agreement, the Company owes the Purchasers an amount equal to the Existing Debt. The Company reaffirms all of its obligations under the Operative Documents and hereby forever waives and relinquishes any and all claims, off sets or defenses that the Company may now have with respect to the payment of sums due to the Purchasers under the Operative Documents and the performance of other obligations thereunder.
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Acknowledgment of liability. The Company acknowledges that pursuant to the Stock Pledge Agreement and the Security Agreement, the Purchaser has a valid, first priority security interest in the Pledged Stock and all of the assets of the Company and its Subsidiaries and that the Existing Defaults are existing and uncured Events of Default under the Operative Documents, which are continuing to the date of this Agreement.
Acknowledgment of liability. As of the date of this Forbearance Agreement, Lamaur owes its general unsecured creditors an amount equal to the Existing Debt. Notwithstanding the foregoing, Lamaur reserves any and all claims, offsets or defenses that Lamaur may now have with respect to the payment of the Existing Debt.
Acknowledgment of liability. In exchange for the Borrower’s use of the Hotspot, Xxxxxxxx agrees to and shall replace the Hotspot at full cost or pay the School District full replacement cost of the Hotspot, at School District’s option, in the event the Hotspot is maliciously broken or damaged at the time of check-in. The School District reserves the right to impose a lesser penalty in the event the Hotspot is maliciously broken or damaged at the time of check-in. The imposition of a lesser penalty or failure to require the performance of the Borrower of any term of this Agreement shall not be taken or held to be a waiver of the Agreement or in any way affect the School District’s right to enforce the Agreement. School Administration will determine repayment, forgiveness, or community service. Xxxxxxxx further agrees to and shall indemnify the School District for any claims arising from Xxxxxxxx’s misuse of the Hotspot, including, but not limited to, claims alleging infringement of copyright or other intellectual property rights. TPS Hotspot Checkout Consent Form ✓ I certify that my child does not have adequate internet access outside of school and that the hotspot provided will be used only for the student’s online educational purposes. ✓ I also certify that my child has not already received a hotspot from another state, tribal, or federal entity (Cherokee Nation, Affordable Connectivity Fund, etc.). ✓ I certify that my child is enrolled and attending Tahlequah Public schools and is in grade 2nd through 12th grade. I have read and understand the terms and conditions of the foregoing Agreement and agree to all its terms and conditions. I certify that all the information on this form is correct, and that I have the authority to provide this consent. Student Name Parent/Guardian Signature Date Primary Phone Work Phone
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