Common use of ACKNOWLEDGMENTS CONCERNING OUTSTANDING LOANS Clause in Contracts

ACKNOWLEDGMENTS CONCERNING OUTSTANDING LOANS. Borrower acknowledges and agrees that, as of the date hereof, all of Borrower’s outstanding loan obligations to Bank are owed without any offset, deduction, defense, claim or counterclaim of any nature whatsoever. Borrower authorizes Bank to share all credit and financial information relating to Borrower with each of Bank’s parent company and with any subsidiary or affiliate company of such Bank or of such Bank’s parent company.

Appears in 11 contracts

Samples: Credit Agreement (Sifco Industries Inc), Credit Agreement (Sifco Industries Inc), Credit Agreement (Sifco Industries Inc)

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ACKNOWLEDGMENTS CONCERNING OUTSTANDING LOANS. Borrower acknowledges and agrees that, as of the date hereof, all of Borrower’s 's outstanding loan obligations to Bank are owed without any offset, deduction, defense, claim or counterclaim of any nature whatsoever. Borrower authorizes Bank to share all credit and financial information relating to Borrower with each of Bank’s 's parent company and with any subsidiary or affiliate company of such Bank or of such Bank’s 's parent company.

Appears in 10 contracts

Samples: Credit Agreement (Sifco Industries Inc), Credit Agreement (Sifco Industries Inc), Credit Agreement (Sifco Industries Inc)

ACKNOWLEDGMENTS CONCERNING OUTSTANDING LOANS. Borrower acknowledges and agrees that, as of the date hereof, all of Borrower’s outstanding loan obligations to Bank are owed without any offset, deduction, defense, claim or counterclaim of any nature whatsoever. Borrower authorizes Bank to share all credit and financial information relating to Borrower with each of Bank’s parent company and with any subsidiary or affiliate company of such Bank or of such Bank’s parent company.

Appears in 5 contracts

Samples: Credit Agreement (Dpac Technologies Corp), Credit Agreement (Dpac Technologies Corp), Credit Agreement (Dpac Technologies Corp)

ACKNOWLEDGMENTS CONCERNING OUTSTANDING LOANS. Borrower acknowledges and agrees that, as of the date hereof, all of Borrower’s 's outstanding loan obligations to Bank Banks are owed without any offset, deduction, defense, claim or counterclaim of any nature whatsoever. Borrower authorizes each Bank to share all credit and financial information relating to Borrower with each of such Bank’s 's parent company and with any subsidiary or affiliate company of such Bank or of such Bank’s 's parent company.

Appears in 3 contracts

Samples: Credit Agreement (Lesco Inc/Oh), Credit Agreement (Lesco Inc/Oh), Credit Agreement (Lesco Inc/Oh)

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ACKNOWLEDGMENTS CONCERNING OUTSTANDING LOANS. Borrower acknowledges and agrees that, as of the date hereof, all of Borrower’s 's outstanding loan obligations to Bank are owed without any offset, deduction, defense, claim or counterclaim of any nature whatsoever. Borrower authorizes Bank to share all credit and financial information relating to Borrower with each of Bank’s 's parent company and with any subsidiary or affiliate company of such Bank or of such Bank’s 's parent company.

Appears in 3 contracts

Samples: Credit Agreement (Preformed Line Products Co), Credit Agreement (Atlantis Plastics Inc), Credit Agreement (Preformed Line Products Co)

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