Common use of Confirmation of Indebtedness Clause in Contracts

Confirmation of Indebtedness. The Company confirms and acknowledges that as of the date hereof the Company was indebted to the Investor, without any deduction, defense, setoff, claim or counterclaim, of any nature, in aggregate principal and interest (including Amortization Amounts as set forth in the Fourth Amendment) in the amount of $ 17,141,135, plus all fees, costs and expenses incurred to date in connection with the Investment Agreement and the other Transaction Documents.

Confirmation of Indebtedness. The Company confirms and acknowledges that as of the date hereof January 31, 2014 the Company was indebted to the InvestorInvestors, without any deduction, defense, setoff, claim or counterclaim, of any nature, in aggregate principal and interest (including Amortization Amounts as set forth in the Fourth Amendment) in the amount of $ 17,141,135, $8,200,819 consisting of principal of $6,289,492 and interest of $1,910,777 plus all fees, costs and expenses incurred to date in connection with the Investment Agreement and the other Transaction Documents.

Confirmation of Indebtedness. The Company confirms and acknowledges that as of the date hereof hereof, the Company was indebted to the Investor, Investor without any deduction, defense, setoff, claim or counterclaim, of any nature, in the aggregate principal and interest (including Amortization Amounts as set forth in the Fourth Amendment) in the amount of $ 17,141,135, $3,970,588 plus all fees, costs and expenses incurred to date in connection with the Investment Agreement and the other Transaction Documents.

Confirmation of Indebtedness. The Company confirms and acknowledges that as of the date hereof hereof, the Company was indebted to the Investor, Investor without any deduction, defense, setoff, claim or counterclaim, of any nature, in the aggregate principal and interest (including Amortization Amounts as set forth in the Fourth Amendment) in the amount of $ 17,141,135$3,529,415, plus all fees, costs and expenses incurred to date in connection with the Investment Agreement and the other Transaction Documents.

Confirmation of Indebtedness. The Company confirms and acknowledges that as of the date hereof October 22, 2013 the Company was indebted to the Investor, without any deduction, defense, setoff, claim or counterclaim, of any nature, in aggregate principal and interest (including Amortization Amounts as set forth in the Fourth Amendment) in the amount of $ 17,141,135, $7,704,043 plus all fees, costs and expenses incurred to date in connection with the Investment Agreement and the other Transaction Documents.

Confirmation of Indebtedness. The Company confirms and acknowledges that as of the date hereof April 30, 2013 the Company was indebted to the Investor, without any deduction, defense, setoff, claim or counterclaim, of any nature, in aggregate principal and interest (including Amortization Amounts as set forth in the Fourth Amendment) in the amount of $ 17,141,135$6,740,352, plus all fees, costs and expenses incurred to date in connection with the Investment Agreement and the other Transaction Documents.

Confirmation of Indebtedness. The Company confirms and acknowledges that as of the date hereof hereof, the Company was is indebted to the Investor, Investor without any deduction, defense, setoff, claim or counterclaim, of any nature, in the aggregate principal and interest (including Amortization Amounts as set forth in the Fourth Amendment) in the amount of $ 17,141,135$5,865,492, plus all fees, costs and expenses incurred to date in connection with the Investment Agreement and the other Transaction Documents.

Confirmation of Indebtedness. The Company confirms and acknowledges that as of the date hereof February 28, 2015 the Company was indebted to the InvestorInvestors, without any deduction, defense, setoff, claim or counterclaim, of any nature, in aggregate principal and interest (including Amortization Amounts as set forth in the Fourth Amendment) in the amount of $ 17,141,135, $15,456,952 consisting of principal of $11,790,492 and interest of $3,666,460 plus all fees, costs and expenses incurred to date in connection with the Investment Agreement and the other Transaction Documents.

Confirmation of Indebtedness. The Company confirms and acknowledges that as of the date hereof the Company was indebted to the Investor, without any deduction, defense, setoff, claim or counterclaim, of any nature, in aggregate principal and interest (including Amortization Amounts as set forth in the Fourth Amendment) in the amount of $ 17,141,135$16,008,963, plus all fees, costs and expenses incurred to date in connection with the Investment Agreement and the other Transaction Documents.

Confirmation of Indebtedness. The Company confirms and acknowledges that as of the date hereof the Company was indebted to the Investor, without any deduction, defense, setoff, claim or counterclaim, of any nature, in aggregate principal and interest (including Amortization Amounts as set forth in the Fourth Amendment) in the amount of $ 17,141,135$7,182,174, plus all fees, costs and expenses incurred to date in connection with the Investment Agreement and the other Transaction Documents.