Acknowledgment of Defaults. Borrower and each Guarantor specifically acknowledge the existence and continuation of the Specified Defaults.
Appears in 2 contracts
Samples: Forbearance Agreement, Forbearance Agreement (Buca Inc /Mn)
Acknowledgment of Defaults. Borrower and each Guarantor specifically acknowledge acknowledges the existence and continuation of the Specified Defaults.
Appears in 2 contracts
Samples: Forbearance and Amendment Agreement (Industrial Holdings Inc), Settlement and Deficiency Agreement (Megaworld Inc)
Acknowledgment of Defaults. Each Borrower and each Guarantor specifically acknowledge acknowledges the existence and continuation of the Specified Defaults.
Appears in 1 contract
Samples: Limited Forbearance Agreement (Furrs Restaurant Group Inc)