Common use of BORROWER’S ACKNOWLEDGMENT OF INDEBTEDNESS Clause in Contracts

BORROWER’S ACKNOWLEDGMENT OF INDEBTEDNESS. The Borrower hereby declares and acknowledges that as at the date hereof the outstanding principal amount of the Loan is United States Dollars Twenty Six Million Eighty One Thousand Three Hundred Twenty Six and Twenty Five cents ($26,081,326.25), which shall be repaid in accordance with Clause 4.1 (Repayment) of the Loan Agreement, and which amount is due to be reduced according to the scheduled payment of the Instalment Due (as defined hereinbelow) on its due date as per the terms hereof.

BORROWER’S ACKNOWLEDGMENT OF INDEBTEDNESS. The Borrower hereby declares and acknowledges that as at the date hereof the outstanding principal amount of the Loan is United States Dollars Twenty Six Five Million Eighty One Thousand Three Hundred Twenty Six Two Thousand Nine Hundred Fifty Three and Twenty Five six cents ($26,081,326.255,302,953.06), which shall be repaid in accordance with Clause 4.1 (Repayment) of the Loan Agreement, and which amount is due to be reduced according to the scheduled payment of the Instalment Due (as defined hereinbelow) on its due date as per the terms hereof.

BORROWER’S ACKNOWLEDGMENT OF INDEBTEDNESS. The Borrower hereby declares and acknowledges that as at the date hereof the outstanding principal amount of the Loan is United States Dollars Twenty Eight Million Six Million Hundred Eighty One Seven Thousand Three Six Hundred Twenty Six Eight and Twenty Five Fifty cents ($26,081,326.2528,687,608.50 ), which shall be repaid in accordance with Clause 4.1 (Repayment) of the Loan Agreement, and which amount is due to be reduced according to the scheduled payment of the Instalment Due (as defined hereinbelow) on its due date as per the terms hereof.