Common use of Confirmation of Indebtedness Clause in Contracts

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of January 23, 2002 is $645,000.00. The outstanding principal balance under the Term Note as of January 23, 2002 is $1,590,000.00. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Sources: Loan Agreement (Qualmark Corp)

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of January 23July 24, 2002 2003 is $645,000.00500,000.00. The outstanding principal balance under the Term Note as of January 23July 24, 2002 2003 is $1,590,000.00780,000.00. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Sources: Loan Agreement (Qualmark Corp)

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of January 23February 13, 2002 2004 is $645,000.00500,000.00. The outstanding principal balance under the Term Note as of January 23February 13, 2002 2004 is $1,590,000.00360,000.00. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Sources: Loan Agreement (Qualmark Corp)

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of January 23June 27, 2002 2001 is $645,000.000. The outstanding principal balance under the Term Note as of January 23June 27, 2002 2001 is $1,590,000.001,895,000.00. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Sources: Loan Agreement (Qualmark Corp)

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of January 23April 20, 2002 2004 is $645,000.00500,000.00. The outstanding principal balance under the Term Note as of January 23April 20, 2002 2004 is $1,590,000.00280,000.00. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Sources: Promissory Note and Loan Agreement (Qualmark Corp)

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of January 2329, 2002 2001 is $645,000.002,000,000. The outstanding principal balance under the Term Note as of January 2329, 2002 2001 is $1,590,000.00811,107.47. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Sources: Loan Agreement (Qualmark Corp)

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of January 2322, 2002 2003 is $645,000.00. The outstanding principal balance under the Term Note as of January 2322, 2002 2003 is $1,590,000.00965,000.00. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Sources: Loan Agreement (Qualmark Corp)

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of January 23March 29, 2002 2000 is $645,000.001,500,000. The outstanding principal balance under the Term Note as of January 23March 29, 2002 2000 is $1,590,000.001,111,017.47. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Sources: Loan Agreement (Qualmark Corp)