Acknowledgment of liability Sample Clauses

Acknowledgment of liability. The Owner agrees that it is liable to pay to Port of Melbourne the Port Charges in accordance with the terms of this Agreement.

Acknowledgment of liability. As of the date of this Amendment, Borrower owes Bank an amount equal to the Existing Debt. Borrower reaffirms all of its obligations under the Loan Documents and hereby forever waives and relinquishes any and all claims, offsets or defenses that Borrower may now have with respect to the payment of sums due and the performance of other obligations under the Loan Documents. The security interests in the Collateral granted to Bank under the Loan Agreement remain perfected, first priority liens.

Acknowledgment of liability. The Company acknowledges that pursuant to the Stock Pledge Agreement and the Security Agreement, the Purchaser has a valid, first priority security interest in the Pledged Stock and all of the assets of the Company and its Subsidiaries and that the Existing Defaults are existing and uncured Events of Default under the Operative Documents, which are continuing to the date of this Agreement.

Acknowledgment of liability. As of the date of this Forbearance Agreement, Lamaur owes its general unsecured creditors an amount equal to the Existing Debt. Notwithstanding the foregoing, Lamaur reserves any and all claims, offsets or defenses that Lamaur may now have with respect to the payment of the Existing Debt.

Acknowledgment of liability. I understand that I will be held personally liable for any unauthorized purchases.

Acknowledgment of liability. We agree that: (a) the Client is indebted to the Company for an amount which is not less than the sum noted below as at the date noted below; (b) our guarantee is unlimited; and (c) all obligations under this Deed are additional to and do not (save to the extent of any inconsistency) invalidate any obligations any of us may have under any other agreement with the Company.

Acknowledgment of liability. In exchange for the Borrower’s use of the Hotspot, Xxxxxxxx agrees to and shall replace the Hotspot at full cost or pay the School District full replacement cost of the Hotspot, at School District’s option, in the event the Hotspot is maliciously broken or damaged at the time of check-in. The School District reserves the right to impose a lesser penalty in the event the Hotspot is maliciously broken or damaged at the time of check-in. The imposition of a lesser penalty or failure to require the performance of the Borrower of any term of this Agreement shall not be taken or held to be a waiver of the Agreement or in any way affect the School District’s right to enforce the Agreement. School Administration will determine repayment, forgiveness, or community service.

Acknowledgment of liability. As of the date of this Agreement, the Company owes the Purchasers an amount equal to the Existing Debt. The Company reaffirms all of its obligations under the Operative Documents and hereby forever waives and relinquishes any and all claims, off sets or defenses that the Company may now have with respect to the payment of sums due to the Purchasers under the Operative Documents and the performance of other obligations thereunder.

Acknowledgment of liability. We agree that: (a) the Customer is indebted to Airefrig for an amount which is not less than the sum noted below as at the date noted below; (b) our guarantee is unlimited; (c) Airefrig does not need our consent in providing credit in excess of any credit limit sought and/or imposed; (d) Airefrig may be owed more than any acknowledged debt amount; and

Acknowledgment of liability. Each of the parties hereto acknowledge that the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing of the Borrower under the Loan Documents shall be debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to the Borrower generally and with respect to each series of the Borrower.