Common use of Acknowledgment of Debt Clause in Contracts

Acknowledgment of Debt. As of the close of business on April 28, 2023, each Loan Party was indebted, jointly and severally, to Lenders and Agent, without defense, deduction, setoff, claim or counterclaim, of any nature, under the Financing Agreement and the other Loan Documents in the aggregate principal amount of not less than $74,357,308.42, plus accrued and continually accruing interest and all fees, costs and expenses in accordance with the Loan Documents.

Appears in 1 contract

Samples: Forbearance Agreement (AgileThought, Inc.)

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Acknowledgment of Debt. As of the close of business on April 2817, 2023, inclusive of the capitalized interest set forth in Section 1(e) below, each Loan Party was is indebted, jointly and severally, to Lenders and Agent, without defense, deduction, setoff, claim or counterclaim, of any nature, under the Financing Agreement and the other Loan Documents in the aggregate principal amount of not less than $74,357,308.4268,915,614.49, plus accrued and continually accruing interest and all fees, costs and expenses in accordance with the Loan Documents.

Appears in 1 contract

Samples: Forbearance Agreement (AgileThought, Inc.)

Acknowledgment of Debt. As of the close of business on April 28December 12, 20232022, each Loan Party was is indebted, jointly and severally, to Lenders and Agent, without defense, deduction, setoff, claim or counterclaim, of any nature, under the Financing Loan Agreement and the other Loan Documents in the aggregate principal amount of not less than $74,357,308.4261,224,336.14, plus accrued and continually accruing interest and all fees, costs and expenses in accordance with the Loan Documentsexpenses.

Appears in 1 contract

Samples: Forbearance Agreement and Eighth Amendment to Loan and Security Agreement (iMedia Brands, Inc.)

Acknowledgment of Debt. As of the close of business on April 28July 14, 2023, each Loan Party was is indebted, jointly and severally, to the Lenders and Agentthe Agents, without defense, deduction, setoff, claim or counterclaim, of any nature, under the Financing Agreement and the other Loan Documents in the aggregate principal amount of not less than $74,357,308.4274,152,466.09, plus accrued and continually accruing interest and all fees, costs and expenses in accordance with the Loan Documents.

Appears in 1 contract

Samples: Financing Agreement (AgileThought, Inc.)

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Acknowledgment of Debt. As of the close of business on April 28January 31, 2023, each Loan Party was is indebted, jointly and severally, to Lenders and Agent, without defense, deduction, setoff, claim or counterclaim, of any nature, under the Financing Loan Agreement and the other Loan Documents in the aggregate principal amount of not less than $74,357,308.4242,619,982.76, plus accrued and continually accruing interest and all fees, costs and expenses in accordance with the Loan Documentsexpenses.

Appears in 1 contract

Samples: Loan and Security Agreement (iMedia Brands, Inc.)

Acknowledgment of Debt. As of the close of business on April 286, 2023, each Loan Party was is indebted, jointly and severally, to Lenders and Agent, without defense, deduction, setoff, claim or counterclaim, of any nature, under the Financing Loan Agreement and the other Loan Documents in the aggregate principal amount of not less than $74,357,308.4237,895,867.09, plus accrued and continually accruing interest and all fees, costs and expenses in accordance with the Loan Documentsexpenses.

Appears in 1 contract

Samples: Forbearance Agreement, Tenth Amendment to Loan and Security Agreement and Amendment to Fee Letter (iMedia Brands, Inc.)

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