Common use of Acknowledgement of Existing Indebtedness Clause in Contracts

Acknowledgement of Existing Indebtedness. 1.1 Borrower acknowledges that it is truly and justly indebted to Lender in the amount of the Loan Balance, plus all accrued and unpaid interest on the Loan and all other costs, fees and expenses that are, under the Loan Agreement or the other Loan Documents, properly chargeable to Borrower.

Appears in 4 contracts

Samples: Third Modification Agreement (Bluegreen Corp), Modification Agreement (Bluegreen Corp), Second Modification Agreement (Bluegreen Corp)

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Acknowledgement of Existing Indebtedness. 1.1 Borrower acknowledges that it is truly and justly indebted to Lender in the amount of the Loan Balanceoutstanding loan balance, plus all accrued and unpaid interest on the Loan and all other costs, fees and expenses that are, under the Loan Agreement or the other Loan Documents, properly chargeable to Borrower.

Appears in 2 contracts

Samples: Second Modification Agreement (Bluegreen Corp), Third Modification Agreement (Bluegreen Corp)

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