Common use of Outstanding Balance Clause in Contracts

Outstanding Balance. The Borrower hereby acknowledges and agrees that, as of the effective date hereof, the unpaid principal balance of the Note is Zero Dollars ($0.00) and that there are no set-offs or defenses against the Note, the Loan Agreement, or the other Loan Documents.

Appears in 4 contracts

Samples: Tenth Modification Agreement (Extension) (Versar Inc), Eleventh Modification Agreement (Versar Inc), Ninth Modification Agreement (Versar Inc)

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Outstanding Balance. The Borrower hereby acknowledges and agrees that, as of the effective date hereof, the unpaid principal balance of the Note is Zero Dollars ($0.00) 0.00 and that there are .are no set-offs or defenses against the Note, the Loan Agreement, or the other Loan Documents.

Appears in 1 contract

Samples: Seventh Modification Agreement (Versar Inc)

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