Common use of Borrower’s Acknowledgement Clause in Contracts

Borrower’s Acknowledgement. Borrower acknowledges that Holder is extending the credit contemplated hereby solely as an accommodation to Borrower, and is willing to do so in reliance upon Borrower’s monetary and non-monetary covenants contained herein and in the Loan Agreement.

Appears in 18 contracts

Samples: Revolving Line of Credit Agreement (Accelerated Global Technology Corp.), Revolving Line of Credit Agreement (Hambrecht Asia Acquisition Corp.), Subordinated Revolving Line of Credit Agreement (FMG Acquisition Corp)

AutoNDA by SimpleDocs

Borrower’s Acknowledgement. Borrower acknowledges that Holder is extending the credit contemplated hereby solely as an accommodation to Borrower, and is willing to do so in reliance upon Borrower’s 's monetary and non-monetary covenants contained herein and in the Loan Agreement.

Appears in 5 contracts

Samples: Revolving Line of Credit Agreement (Taliera CORP), Revolving Line of Credit Agreement (Taliera CORP), Revolving Line of Credit Agreement (Taliera CORP)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!