Common use of Acknowledgment of Borrower Clause in Contracts

Acknowledgment of Borrower. The Borrower expressly acknowledges and agrees that as of the date of this Amendment, it has no offsets, claims or defenses whatsoever against any of the Obligations owing to the Bank.

Appears in 8 contracts

Sources: Revolving Credit Agreement (Prospect Medical Holdings Inc), Term Loan Note (Prospect Medical Holdings Inc), Secured Revolving Note (Prospect Medical Holdings Inc)

Acknowledgment of Borrower. The Borrower expressly acknowledges -------------------------- and agrees that as of the date of this Amendment, it has no offsets, claims or defenses whatsoever against any of the Obligations owing to the BankIndebtedness or Obligations.

Appears in 1 contract

Sources: Credit Agreement (Wireless Facilities Inc)