Common use of Acknowledgments and Stipulations Clause in Contracts

Acknowledgments and Stipulations. Each Borrower acknowledges and stipulates that each of the Loan Documents executed by such Borrower creates legal, valid and binding obligations of such Borrower that are enforceable against such Borrower in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereof, the same is hereby knowingly and voluntarily waived by such Borrower); the security interests and liens granted by such Xxxxxxxx in favor of Xxxxxx are duly perfected, first priority security interests and liens; and on and as of January 30, 2020, the unpaid principal amount of the Revolver Loans totaled $1,116,943.78.

Acknowledgments and Stipulations. Each Borrower acknowledges and stipulates that each of the Loan Credit Agreement and the other Credit Documents executed by such Borrower creates are legal, valid and binding obligations of such Borrower that are enforceable against such Borrower in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereof, the same is hereby knowingly and voluntarily waived by such Borrower); the security interests and liens granted by such Xxxxxxxx each Borrower in favor of Xxxxxx Lender are duly perfected, first priority security interests and liensliens subject only to Permitted Liens; and on and as of January 30, 2020, the unpaid principal amount of the Revolver Loans and the issued and outstanding Letters of Credit on and as of the close of business on July 10, 2006, totaled $1,116,943.78321,373,424.14.

Acknowledgments and Stipulations. Each Borrower acknowledges and stipulates that each of the Credit Agreement and the other Loan Documents executed by such Borrower creates are legal, valid and binding obligations of such Borrower that are enforceable against such Borrower in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereofhereof , the same is hereby knowingly and voluntarily waived by such each Borrower); the security interests and liens granted by such Xxxxxxxx Borrower in favor of Xxxxxx Lender are duly perfectedperfected , first priority security interests and liens; and on and as of January 30, 2020, the unpaid principal amount of the Revolver Loans on and as of March 25,2015, totaled $1,116,943.781.018,695.56.

Acknowledgments and Stipulations. Each Borrower acknowledges and stipulates that each of the Loan Documents executed by such Borrower creates legal, valid and binding obligations of such Borrower that are enforceable against such Borrower in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereof, the same is hereby knowingly and voluntarily waived by such Borrower); the security interests and liens granted by such Xxxxxxxx Borrower in favor of Xxxxxx Lender are duly perfected, first priority security interests and liens; and on and as of January 30, 2020, the unpaid principal amount of the Revolver Loans and outstanding Letters of Credit on and as of May 4, 2020, totaled $1,116,943.785,641,487.94.

Acknowledgments and Stipulations. Each Borrower acknowledges and stipulates that each of the Loan Documents executed by such Borrower creates legal, valid and binding obligations of such Borrower that are enforceable against such Borrower in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereof, the same is hereby knowingly and voluntarily waived by such Borrower); the security interests and liens granted by such Xxxxxxxx Borrower in favor of Xxxxxx Lender are duly perfected, first priority security interests and liens; and on and as of January 30, 2020, the unpaid principal amount of the Revolver Loans totaled $1,116,943.78.

Acknowledgments and Stipulations. Each Borrower acknowledges and stipulates that each of the Loan Credit Agreement and the other Credit Documents executed by such Borrower creates are legal, valid and binding obligations of such Borrower that are enforceable against such Borrower in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereof, the same is hereby knowingly and voluntarily waived by such Borrower); the security interests and liens granted by such Xxxxxxxx each Borrower in favor of Xxxxxx Lender are duly perfected, first priority security interests and liensliens subject only to Permitted Liens; and on and as of January 30, 2020, the unpaid principal amount of the Revolver Loans and the issued and outstanding Letters of Credit on and as of the close of business on November 14, 2006, totaled $1,116,943.78186,523,864.59.

Acknowledgments and Stipulations. Each Borrower acknowledges and stipulates that each of the Loan Documents executed by such Borrower creates legal, valid and binding obligations of such Borrower that are enforceable against such Borrower in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereof, the same is hereby knowingly and voluntarily waived by such each Borrower); the security interests and liens granted by such Xxxxxxxx Borrower in favor of Xxxxxx Agent are duly perfected, first priority security interests and liens; and the unpaid principal amount of the loans and outstanding Letters of Credit on and as of January 30, 20202015, the unpaid principal amount of the Revolver Loans totaled $1,116,943.7815,284,157.77.

Acknowledgments and Stipulations. Each Borrower acknowledges and stipulates that each of the Loan Agreement and the other Loan Documents executed by such Borrower creates are legal, valid and binding obligations of such Borrower that are enforceable against such Borrower in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereof, the same is hereby knowingly and voluntarily waived by such Borrower); the security interests and liens granted by such Xxxxxxxx Borrower in favor of Xxxxxx Lender are duly perfected, first priority security interests and liens; and on and as of January 30, 2020, the unpaid principal amount of the Revolver Loans on and as of the opening of business on November 26, 2019, totaled $1,116,943.785,639,521.78.

Acknowledgments and Stipulations. Each Borrower acknowledges and stipulates that each of the Loan Documents executed by such Borrower creates legal, valid and binding obligations of such Borrower that are enforceable against such Borrower in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereof, the same is hereby knowingly and voluntarily waived by such Borrower); the security interests and liens granted by such Xxxxxxxx Borrower in favor of Xxxxxx Lender are duly perfected, first priority security interests and liens; and on and as of January 3031, 2020, the unpaid principal amount of the Revolver Loans Loan totaled $1,116,943.782,000,000.

Acknowledgments and Stipulations. Each Borrower acknowledges and stipulates that each of the Loan Agreement and the other Loan Documents executed by such Borrower creates are legal, valid and binding obligations of such Borrower that are enforceable against such Borrower in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereof, the same is hereby knowingly and voluntarily waived by such Borrower); the security interests and liens granted by such Xxxxxxxx Borrower in favor of Xxxxxx Lender are duly perfected, first priority security interests and liens; and on and as of January 30, 2020, the unpaid principal amount of the Revolver Loans on and as of the opening of business on May 7, 2020, totaled $1,116,943.784,063,512.84.

Acknowledgments and Stipulations. Each Borrower acknowledges and stipulates that each of the Loan Documents executed by such Borrower creates legal, valid and binding obligations of such Borrower that are enforceable against such Borrower in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereof, the same is hereby knowingly and voluntarily waived by such Borrower); the security interests and liens granted by such Xxxxxxxx in favor of Xxxxxx are duly perfected, first priority security interests and liens; and on and as of January 3031, 2020, the unpaid principal amount of the Revolver Loans Loan totaled $1,116,943.782,000,000.

Acknowledgments and Stipulations. Each Borrower acknowledges and stipulates that each of the Credit Agreement and the other Loan Documents executed by such Borrower creates are legal, valid and binding obligations of such Borrower that are enforceable against such Borrower in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereof, the same is hereby knowingly and voluntarily waived by such each Borrower); the security interests and liens granted by such Xxxxxxxx Borrower in favor of Xxxxxx Lender are duly perfected, first priority security interests and liens; and the unpaid principal amount of the Loans on and as of January 30, 20202015, the unpaid principal amount of the Revolver Loans totaled $1,116,943.781,199,979.35.

Acknowledgments and Stipulations. Each Borrower acknowledges and stipulates that each of the Loan Agreement and the other Loan Documents executed by such Borrower creates are legal, valid and binding obligations of such Borrower that are enforceable against such Borrower in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereof, the same is hereby knowingly and voluntarily waived by such Borrower); the security interests and liens granted by such Xxxxxxxx Borrower in favor of Xxxxxx Lender are duly perfected, first priority security interests and liens; and on and as of January 30, 2020, the unpaid principal amount of the Revolver Loans on and as of September 19, 2007, totaled $1,116,943.7832,481,938.31.

Acknowledgments and Stipulations. Each Borrower acknowledges and stipulates that each of the Loan Agreement and the other Loan Documents executed by such Borrower creates are legal, valid and binding obligations of such Borrower that are enforceable against such Borrower in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereof, the same is hereby knowingly and voluntarily waived by such Borrower); the security interests and liens granted by such Xxxxxxxx Borrower in favor of Xxxxxx Lender are duly perfected, first priority security interests and liens; and on and as of January 30, 2020, the unpaid principal amount of the Revolver Loans Loan on and as of December 1, 2005, totaled $1,116,943.780.