Common use of Acknowledgment of Defaults Clause in Contracts

Acknowledgment of Defaults. The Loan Parties hereby acknowledge and agree that the each of Specified Events have occurred and are continuing, constitutes an Event of Default, and entitles Administrative Agent and each Lender to exercise its rights and remedies under the Loan Documents, applicable law or otherwise, including, without limitation, by exercising the right to declare the Obligations to be immediately due and payable under the terms of the Loan Documents. The Loan Parties represent and warrant that as of the date hereof, no other Events of Default exist other than the Specified Events.

Acknowledgment of Defaults. The Loan Parties hereby acknowledge and agree that the each of Specified Events of Default have occurred and are continuing, constitutes an Event constitute Events of Default, and entitles entitle Administrative Agent and each Lender to exercise its rights and remedies under the Loan Documents, applicable law or otherwise, including, without limitation, by exercising the right to declare the Obligations to be immediately due and payable under the terms of the Loan Documents. The Loan Parties represent and warrant that as of the date hereof, no other Events of Default exist other than the Specified EventsEvents of Default.

Acknowledgment of Defaults. The Loan Parties hereby acknowledge and agree that the each of Specified Events of Default have occurred and are continuing, constitutes an Event constitute Events of Default, and entitles Administrative entitle Agent and each Lender to exercise its rights and remedies under the Loan Documents, applicable law or otherwise, including, without limitation, by exercising the right to declare the Obligations to be immediately due and payable under the terms of the Loan Documents. The Loan Parties represent and warrant that as of the date hereof, no other Events of Default exist other than the Specified EventsEvents of Default.

Acknowledgment of Defaults. The Loan Parties hereby acknowledge and agree that the each of Specified Events of Default have occurred and are continuing, constitutes an Event constitute Events of Default, and entitles Administrative entitle the Agent and each Lender to exercise its rights and remedies under the Loan Documents, applicable law or otherwise, including, without limitation, by exercising the right to declare the Obligations to be immediately due and payable under the terms of the Loan Documents. The Loan Parties represent and warrant that as of the date hereof, no other Events of Default exist other than the Specified EventsEvents of Default.