Common use of Confirmation of Indebtedness Clause in Contracts

Confirmation of Indebtedness. Borrowers hereby acknowledge and confirm that as of the close of business on December 18, 2009, Borrowers are indebted to Lender, without defense, setoff, claim or counterclaim, under the Loan Documents, in the aggregate principal amount of $5,152,277.91 plus all fees, costs and expenses (including attorneys’ fees) incurred to date in connection with the Loan Documents.

Appears in 3 contracts

Samples: Credit Agreement (Clarient, Inc), Credit Agreement (Clarient, Inc), Credit Agreement (Clarient, Inc)

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Confirmation of Indebtedness. Borrowers hereby acknowledge Borrower confirms and confirm acknowledges that as of the close of business on December 18April 16, 2009, Borrowers are 2007 Borrower was indebted to LenderLender in the aggregate principal amount of Nine Million Dollars ($9,000,000), without any deduction, defense, setoff, claim or counterclaim, under the Loan Documentsof any nature, in the aggregate principal amount of $5,152,277.91 plus interest and all fees, costs and expenses (including attorneys’ fees) incurred to date in connection with and owing by Borrower under the Loan DocumentsAgreement and the Existing Financing Agreements.

Appears in 2 contracts

Samples: Term Loan and Security Agreement (Akrion, Inc.), Term Loan and Security Agreement (Akrion, Inc.)

Confirmation of Indebtedness. Borrowers hereby acknowledge Borrower confirms and confirm acknowledges that as of the close of business on December 18August __, 2009, Borrowers are 2007 Borrower was indebted to LenderLender in the aggregate principal amount of Nine Million Dollars ($9,000,000), without any deduction, defense, setoff, claim or counterclaim, under the Loan Documentsof any nature, in the aggregate principal amount of $5,152,277.91 plus interest and all fees, costs and expenses (including attorneys’ fees) incurred to date in connection with and owing by Borrower under the Loan DocumentsAgreement and the Existing Financing Agreements.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Akrion, Inc.)

Confirmation of Indebtedness. Borrowers hereby acknowledge and confirm that as of the close of business on December 18February 24, 2009, Borrowers are indebted to Lender, without defense, setoff, claim or counterclaim, under the Loan Documents, in the aggregate principal amount of $5,152,277.91 4,653,534.92 plus all fees, costs and expenses (including attorneys’ fees) incurred to date in connection with the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Clarient, Inc)

Confirmation of Indebtedness. Borrowers hereby acknowledge Borrower confirms and confirm acknowledges that as of the close of business on December 18, 20092008, Borrowers are it is indebted to Lender, without defense, setoff, claim or counterclaim, Agent and Lenders under the Loan Documents, Documents in the aggregate principal amount of $5,152,277.91 43,600,000 without any deduction, defense, setoff, claim or counterclaim of any nature as of the date of this Amendment, plus all fees, costs and expenses (including attorneys’ fees) Expenses incurred to date in connection with the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Resource America Inc)

Confirmation of Indebtedness. Borrowers hereby acknowledge and confirm that as of the close of business on December 18, 2009, Borrowers are indebted to Lender, without defense, setoff, claim or counterclaim, under the Loan Documents, in the aggregate principal amount of $5,152,277.91 plus all fees, costs and expenses (including attorneys’ fees) incurred to date in connection with the Loan Documents. 7.

Appears in 1 contract

Samples: Credit Agreement

Confirmation of Indebtedness. Borrowers hereby acknowledge and confirm that as of the close of business on December 18October 31, 20092002, Borrowers are indebted to Lender, without defense, setoff, claim or counterclaim, counterclaim under the Loan Documents, in the aggregate principal amount of $5,152,277.91 7,635,363.83, plus all fees, costs and expenses (including attorneys’ fees) incurred to date in connection with the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Healthessentials Solutions Inc)

Confirmation of Indebtedness. Borrowers hereby acknowledge and confirm that as of the close of business on December 18November 10, 2009, Borrowers are indebted to Lender, without defense, setoff, claim or counterclaim, under the Loan Existing Credit Documents, in the aggregate principal amount of $5,152,277.91 5,968,656.59 plus all fees, costs and expenses (including attorneys’ fees) incurred to date in connection with the Loan Existing Credit Documents.

Appears in 1 contract

Samples: Credit Agreement (Clarient, Inc)

Confirmation of Indebtedness. Borrowers hereby acknowledge and confirm that as of the close of business on December 18February 25, 20092003, Borrowers are indebted to Lender, without defense, setoff, claim or counterclaim, counterclaim under the Loan Documents, in the aggregate principal amount of $5,152,277.91 10,609,988.44, plus all fees, costs and expenses (including attorneys’ fees) incurred to date in connection with the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Healthessentials Solutions Inc)

Confirmation of Indebtedness. Borrowers hereby acknowledge and confirm that as of the close of business on December 18April , 20092003, Borrowers are indebted to Lender, without defense, setoff, claim or counterclaim, counterclaim under the Loan Documents, in the aggregate principal amount of $5,152,277.91 $ , plus all fees, costs and expenses (including attorneys’ fees) incurred to date in connection with the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Healthessentials Solutions Inc)

Confirmation of Indebtedness. Borrowers hereby acknowledge and confirm that as of the close of business on December 18May 26, 20092004, Borrowers are indebted to Lender, without defense, setoff, claim or counterclaim, counterclaim under the Loan Documents, in the aggregate principal amount of $5,152,277.91 14,666,666.68 (with respect to Revolving Loans, $10,000,000, and with respect to the Term Loan, $4,666,666.68) plus all fees, costs and expenses (including attorneys’ fees) incurred to date in connection with the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Healthessentials Solutions Inc)

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Confirmation of Indebtedness. Borrowers hereby acknowledge and confirm that as of the close of business on December 18January 8, 20092003, Borrowers are indebted to Lender, without defense, setoff, claim or counterclaim, counterclaim under the Loan Documents, in the aggregate principal amount of $5,152,277.91 9,132,655.43, plus all fees, costs and expenses (including attorneys’ fees) incurred to date in connection with the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Healthessentials Solutions Inc)

Confirmation of Indebtedness. Borrowers hereby acknowledge and confirm that as of the close of business on December 188, 20092003, Borrowers are indebted to Lender, without defense, setoff, claim or counterclaim, counterclaim under the Loan Documents, in the aggregate principal amount of $5,152,277.91 11,734,967.73 (with respect to Revolving Loans, $8,867,327.76 and with respect to the Term Loan, $2,837,639.97) plus all fees, costs and expenses (including attorneys’ fees) incurred to date in connection with the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Healthessentials Solutions Inc)

Confirmation of Indebtedness. Borrowers hereby acknowledge and confirm that as of the close of business on December 18January 20, 2009, Borrowers are indebted to Lender, without defense, setoff, claim or counterclaim, under the Loan Documents, in the aggregate principal amount of $5,152,277.91 4,457,112.74 plus all fees, costs and expenses (including attorneys’ fees) incurred to date in connection with the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Clarient, Inc)

Confirmation of Indebtedness. Borrowers Borrower hereby acknowledge acknowledges and confirm confirms that as of the close of business on December 18September 30, 20092008, Borrowers are Borrower is indebted to LenderAgent and Lenders, without defense, setoff, claim or counterclaim, counterclaim under the Loan Documents, in the aggregate principal amount of $5,152,277.91 10,073,307.29, plus all fees, costs and expenses (including attorneys’ fees) incurred to date in connection with the Loan Documents.

Appears in 1 contract

Samples: Omnibus Amendment (Photomedex Inc)

Confirmation of Indebtedness. Borrowers hereby acknowledge and confirm that as of the close of business on December 18March 11, 20092005, Borrowers are indebted to Lender, without defense, setoff, claim or counterclaim, under the Loan Documents, in the aggregate principal amount of $5,152,277.91 2,445,527.86, plus all fees, costs and expenses (including attorneys' fees) incurred to date in connection with the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Orion Healthcorp Inc)

Confirmation of Indebtedness. Borrowers hereby acknowledge Borrower confirms and confirm acknowledges that as of the close of business on December 18September 30, 20092008, Borrowers are it is indebted to Lender, without defense, setoff, claim or counterclaim, Agent and Lenders under the Loan Documents, Documents in the aggregate principal amount of $5,152,277.91 43,600,000 without any deduction, defense, setoff, claim or counterclaim of any nature as of the date of this Amendment, plus all fees, costs and expenses (including attorneys’ fees) Expenses incurred to date in connection with the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Resource America Inc)

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