Confirmation of Debt. The Insured shall provide the Insurer with Confirmation of Debt in a form satisfactory to the Insurer.
Confirmation of Debt. The Borrower hereby affirms all of its liabilities and obligations to the Lender under the Loan Agreement, as modified hereby, and that such liabilities and obligations are owed to the Lender. The Borrower further acknowledges and agrees that as of the date hereof, it has no claims, defenses or set-off rights against the Lender of any nature whatsoever, whether sounding in tort, contract or otherwise; and there are no claims, defenses or set-offs to the enforcement by the Lender of the liabilities and obligations of the Borrower to the Lender under the Loan Agreement or any of the Loan Documents.
Confirmation of Debt. The Borrower hereby affirms all of its Indebtedness, liabilities and obligations to the Bank under the Credit Agreement and the other Loan Documents, as the same are modified hereby. The Borrower further acknowledges and agrees that as of the Effective Date, it has no claims, defenses or set-off rights against the Bank, and there are no claims, defenses or set-offs to the enforcement by the Bank of the Indebtedness, liabilities and obligations of the Borrower under the Credit Agreement, the Note or the other Loan Documents.
Confirmation of Debt. Borrower hereby ratifies, reaffirms and confirms all of the terms and conditions of the Loan Documents in all respects and hereby acknowledge that the Loan Documents are valid and enforceable obligations against Borrower, due and payable in full, without defenses, setoffs or counterclaims of any kind. The indebtedness evidenced by the Loan Documents is hereby acknowledged and admitted. Except as expressly set forth herein, this Agreement shall not alter, modify, amend, or in any way affect any of the terms, conditions, obligations, covenants, or agreements contained in the Loan Agreement or any other Loan Document.
Confirmation of Debt. A statement by the borrower and guarantor confirming the outstanding amount of the debt and listing the instruments evidencing, securing and guaranteeing the indebtedness.
Confirmation of Debt. Confirmation of Debt means the written confirmation of a debt owed to the Insured by an Insured Buyer either:
(a) at the date of Insolvency which is shown within the books and records of the Insured Buyer; or
(b) will rank for participation in any distribution in the Insolvency of the Insured Buyer; by the person authorised to administer the insolvent estate of the Insured Buyer.
Confirmation of Debt. The Company hereby affirms all of its liabilities and obligations to the Lender under the Note, as modified by this First Amendment, and that such liabilities and obligations are owed to the Lender. The Company further acknowledges and agrees that as of the date hereof, it has no claims, defenses or set-off rights against the Lender of any nature whatsoever, whether sounding in tort, contract or otherwise; and there are no claims, defenses or set-offs to the enforcement by the Lender of the liabilities and obligations of the Company to the Lender under the Note.
Confirmation of Debt. (a) The Borrower hereby affirms all of its Liabilities to the Bank under the Letter Agreement and the Loan Documents, affirms the validity and enforceability of all liens and security interests provided for or contemplated by the Letter Agreement and the Loan Documents, and affirms that the Liabilities remain as outstanding obligations of the Borrower to the Bank. The Borrower further acknowledges and agrees that as of the Effective Date, it has no claim, defense or set-off right against the Bank, nor any claim, defense or set-off to the enforcement by the Bank of the full amount of the Borrower's Liabilities under the Letter Agreement and the Loan Documents.
(b) Notwithstanding anything contained herein to the contrary, to the extent that any claim, cause of action, defense or set-off against the Bank or its enforcement of the Letter Agreement, any of the Loan Documents or this Agreement, of any nature whatsoever, known or unknown, fixed or contingent, does nonetheless exist or may exist on the Effective Date, in further consideration of the Bank's entering into this Agreement, the Borrower irrevocably and unconditionally waives and releases fully each and every such claim, cause of action, defense and set-off.
Confirmation of Debt. 1. If the Provider or its employee breaches the duties in respect of occupational health and safety, fire protection or environmental protection required by the legal or other regula- tions or agreed by contract and these contractual conditions, the Customer has the right to a contractual penalty from the Provider. The amount of contractual penalties for each breach of obligations in the area of occupational health and safety, fire protection, envi- ronmental protection is agreed as follows:
a) Not using protective personal equipment (such as the safety helmet, safety reflective vest, safety boots of the category S3, protective goggles, work gloves, etc.): CZK 1,000.00 for every case of detected breach and for every not utilised personal pro- tective equipment;
b) Not using personal locking for working at heights: CZK 20,000.00 for every case of detected breach;
c) Carrying out an activity without appropriate professional competence or medical fit- ness: CZK 20,000.00 for every case of detected breach;
d) Damage or failure to fit safety devices (e.g., fencing, barriers, etc.): CZK 5,000.00 for every case of detected breach;
e) Burning waste or other environmental pollution: CZK 10,000.00 for every case of detected breach;
f) Contamination or damage to the construction site area: CZK 10,000.00 for every case of detected breach;
g) Violation of the ban on smoking in prohibited places: CZK 3,000.00 for every case of detected breach;
h) Possession of alcohol at the construction site or a positive breath test: CZK 20,000.00 for every case of detected breach;
i) For each breach of other obligations in the field of occupational health and safety, fire protection or environmental protection policy or other legal or other regulations or agreed under the contract and these contractual conditions: CZK 5,000.00.
2. Negotiation of contractual penalties shall not affect the right to damages resulting from the breach of the obligation, to which a contractual penalty applies.
Confirmation of Debt. A. The unpaid principal balance of Borrower's indebtedness to Lender as of June 9, 1998, is $3,391,830.01 as shown below: LOAN NO. PRINCIPAL OUTSTANDING 109 574,208.83 125 421,038.72 133 585,000.00 141 1,551,874.12 216 259,708.34
