Acknowledgement of Recitals. Borrower and Lender acknowledge and agree that the foregoing Recitals are true and correct statements of fact and that as of the date of this Modification, they are indebted to Lender for the Current Outstanding Balance as set forth in the foregoing Recitals
Acknowledgement of Recitals. The Parties are accurately described above, the recitals set forth above are adopted as the Agreement of the Parties, and the facts and statements set forth therein are acknowledged and agreed to be true and accurate.
Acknowledgement of Recitals. Borrower, each Guarantor, and Manager each acknowledge that the Recitals herein are true and correct statements of fact.
Acknowledgement of Recitals. The Borrower acknowledges that the recitals are true and correct statements of fact.
Acknowledgement of Recitals. Each of the above Recitals is incorporated herein and deemed to be the agreement of Lender and the Obligors, and each of the Obligors acknowledges that each Recital is true and correct, and that it is being relied upon by Lender in agreeing to the terms of this Agreement.
Acknowledgement of Recitals. Each Loan Party acknowledges that each of the recitals set forth above is true and correct. 2.
Acknowledgement of Recitals. Bxxxxxxx acknowledges and agrees that the foregoing “Recitals” are true, correct and complete.
Acknowledgement of Recitals. The parties acknowledge and agree that the foregoing recitals are true, correct and accurate and are incorporated into this Amendment.
Acknowledgement of Recitals. Borrower represents that the foregoing Recitals are true and correct statements of fact.
Acknowledgement of Recitals. The Parties acknowledge the accuracy and importance of the Recitals to the Parties' obligations below, and that the Recitals are the factors upon which the Parties based their respective decisions to enter into this Agreement.