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Common use of Acknowledgments by the Credit Parties Clause in Contracts

Acknowledgments by the Credit Parties. Borrower and each of the Credit Parties acknowledges and agrees as follows:

Appears in 4 contracts

Sources: Forbearance Agreement (Butler International Inc /Md/), Forbearance Agreement (Butler International Inc /Md/), Forbearance Agreement (Butler International Inc /Md/)

Related Clauses

  • Indemnification by the Credit Parties
  • ACKNOWLEDGMENTS BY THE EXECUTIVE
  • Acknowledgments by the Employee
  • REPRESENTATIONS BY THE COMPANY
  • Payment of Other Taxes by the Credit Parties

Sub-Clauses

  • Acknowledgment of Default
  • Acknowledgment of Right of Acceleration
  • Acknowledgment that Liabilities Continue in Full Force and Effect
  • Acknowledgment of Obligations
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