Common use of Confirmation of Indebtedness Clause in Contracts

Confirmation of Indebtedness. Loan Parties confirm and acknowledge that as of the close of business on January 29, 2019, Borrowers were indebted to Administrative Agent and Lenders under the Credit Agreement in the aggregate principal amount of $497,529,565.02 for the Revolving Credit Loans, without any deduction, defense, setoff, claim or counterclaim, plus all fees, costs and expenses incurred to date in connection with the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Steel Partners Holdings L.P.)

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Confirmation of Indebtedness. Loan Parties confirm and acknowledge that as of the close of business on January 29September 22, 20192015, Borrowers were Borrower was indebted to Administrative Agent and Lenders under the Credit Agreement in the aggregate principal amount of $497,529,565.02 64,000,000.00 for the Revolving Credit Loans, $1,887,170.38 for Swing Line Loans, and $892,304.75 with respect to issued and outstanding Letters of Credit, without any deduction, defense, setoff, claim or counterclaim, plus all fees, costs and expenses incurred to date in connection with the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Steel Partners Holdings L.P.)

Confirmation of Indebtedness. Loan Parties confirm and acknowledge that as of the close of business on January 29May 5, 2019, 2015 Borrowers were indebted to Administrative Agent and Lenders under the Credit Agreement in the aggregate principal amount of (i) $497,529,565.02 for the 6,879,000, comprised of zero of outstanding Revolving Credit LoansLoans and $456,000 for issued and outstanding Letters of Credit and (ii) $6,423,000 under the DOJ/EPA Letter of Credit, in each case without any deduction, defense, setoff, claim or counterclaim, plus all fees, costs and expenses incurred to date in connection with the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Sl Industries Inc)

Confirmation of Indebtedness. Loan Parties confirm and acknowledge that as of the close of business on January 29April 27, 20192018, Borrowers were indebted to Administrative Agent and Lenders under the Credit Agreement in the aggregate principal amount of $497,529,565.02 $ 484,961,145.80 for the Revolving Credit Loans, without any deduction, defense, setoff, claim or counterclaim, plus all fees, costs and expenses incurred to date in connection with the Credit Agreement and the other Loan DocumentsExisting Financing Agreements.

Appears in 1 contract

Samples: Credit Agreement (Steel Partners Holdings L.P.)

Confirmation of Indebtedness. Loan Parties confirm and acknowledge that as of the close of business on January 29March 13, 20192015, Borrowers were Borrower was indebted to Administrative Agent and Lenders under the Credit Agreement in the aggregate principal amount of $497,529,565.02 66,518,978.38 for the Revolving Credit Loans, without any deduction, defense, setoff, claim or counterclaim, plus all fees, costs and expenses incurred to date in connection with the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Steel Partners Holdings L.P.)

Confirmation of Indebtedness. Loan Parties confirm and acknowledge that as of the close of business on January 29November 24, 20192014, Borrowers were Borrower was indebted to Administrative Agent and Lenders under the Credit Agreement in the aggregate principal amount of $497,529,565.02 200,758,395.00 for the Revolving Credit Loans, without any deduction, defense, setoff, claim or counterclaim, plus all fees, costs and expenses incurred to date in connection with the Credit Agreement and the other Loan DocumentsExisting Financing Agreements.

Appears in 1 contract

Samples: Credit Agreement (Handy & Harman Ltd.)

Confirmation of Indebtedness. Loan Parties confirm and acknowledge that as of the close of business on January 29April 25, 20192013, Borrowers were Borrower was indebted to Administrative Agent and Lenders under the Credit Agreement in the aggregate principal amount of (i) $497,529,565.02 23,000,000.00 for the Revolving Credit LoansLoans and (ii) $112,843,750.00 for the Term Loan, without any deduction, defense, setoff, claim or counterclaim, plus all fees, costs and expenses incurred to date in connection with the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Handy & Harman Ltd.)

Confirmation of Indebtedness. Loan Parties confirm and acknowledge that as of the close of business on January 29March 8, 20192013, Borrowers were Borrower was indebted to Administrative Agent and Lenders under the Credit Agreement in the aggregate principal amount of $497,529,565.02 for the 490,119.00, comprised of $0 of outstanding Revolving Credit LoansLoans and $490,119.00 for issued and outstanding Letters of Credit, without any deduction, defense, setoff, claim or counterclaim, plus all fees, costs and expenses incurred to date in connection with the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Sl Industries Inc)

Confirmation of Indebtedness. Loan Parties confirm and acknowledge that as of the close of business on January 29May 8, 20192020, Borrowers were indebted to Administrative Agent and Lenders under the Credit Agreement in the aggregate principal amount of $497,529,565.02 446,660,737.04 for the Revolving Credit Loans and $187,500,000.00 for the Term Loans, without any deduction, defense, setoff, claim or counterclaim, plus all fees, costs and expenses incurred to date in connection with the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Steel Partners Holdings L.P.)

Confirmation of Indebtedness. Loan Parties confirm and acknowledge that as of the close of business on January 29September 11, 20192013, Borrowers were Borrower was indebted to Administrative Agent and Lenders under the Credit Agreement in the aggregate principal amount of (i) $497,529,565.02 55,310,000 for the Revolving Credit LoansLoans and (ii) $118,343,750 for the Term Loan, without any deduction, defense, 2269186-3 setoff, claim or counterclaim, plus all fees, costs and expenses incurred to date in connection with the Credit Agreement and the other Loan DocumentsExisting Financing Agreements.

Appears in 1 contract

Samples: Credit Agreement (Handy & Harman Ltd.)

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Confirmation of Indebtedness. Loan Parties confirm Borrower confirms and acknowledge acknowledges that as of the close of business on January 29March 25, 20192009, Borrowers were it is indebted to Administrative Agent and Lenders under the Credit Agreement Loan Documents in the aggregate principal amount of $497,529,565.02 for the Revolving Credit Loans, 43,600,000.00 without any deduction, defense, setoff, claim or counterclaimcounterclaim of any nature as of the date of this Amendment, plus all fees, costs and expenses Expenses incurred to date in connection with the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Resource America Inc)

Confirmation of Indebtedness. Loan Parties confirm and acknowledge that as of the close of business on January 29December 8, 20192014, Borrowers were Borrower was indebted to Administrative Agent and Lenders under the Credit Agreement in the aggregate principal amount of $497,529,565.02 33,749,437.54 for the Revolving Credit Loans, without any deduction, defense, setoff, claim or counterclaim, plus all fees, costs and expenses incurred to date in connection with the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Steel Partners Holdings L.P.)

Confirmation of Indebtedness. Loan Parties confirm and acknowledge that as of the close of business on January 29March 11, 20192016, Borrowers were Borrower was indebted to Administrative Agent and Lenders under the Credit Agreement in the aggregate principal amount of $497,529,565.02 for the 94,593,315.00, consisting of $90,165,000.00 on account of Revolving Credit LoansLoans and $4,428,315.00 on account of Letters of Credit, without any deduction, defense, setoff, claim or counterclaim, plus all fees, costs and expenses incurred to date in connection with the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Handy & Harman Ltd.)

Confirmation of Indebtedness. Loan Parties confirm Borrower confirms and acknowledge acknowledges that as of the close of business on January 29November 5, 20192009, Borrowers were it is indebted to Administrative Agent and Lenders under the Credit Agreement Loan Documents in the aggregate principal amount of $497,529,565.02 for the Revolving Credit Loans, 24,677,382.09 without any deduction, defense, setoff, claim or counterclaimcounterclaim of any nature as of the date of this Amendment, plus all fees, costs and expenses Expenses incurred to date in connection with the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Resource America Inc)

Confirmation of Indebtedness. Loan Parties confirm and acknowledge that as of the close of business on January 2922, 20192015, Borrowers were Borrower was indebted to Administrative Agent and Lenders under the Credit Agreement in the aggregate principal amount of $497,529,565.02 for the 194,833,395.00, consisting of $191,800,000.00 on account of Revolving Credit LoansLoans and $3,033,395.00 on account of Letters of Creedit, without any deduction, defense, setoff, claim or counterclaim, plus all fees, costs and expenses incurred to date in connection with the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Handy & Harman Ltd.)

Confirmation of Indebtedness. Loan Parties confirm and acknowledge that as of the close of business on January 29December 18, 2019, Borrowers were indebted to Administrative Agent and Lenders under the Credit Agreement in the aggregate principal amount of $497,529,565.02 226,309,644.46 for the Revolving Credit Loans and $192,500,000.00 for the Term Loans, without any deduction, defense, setoff, claim or counterclaim, plus all fees, costs and expenses incurred to date in connection with the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Steel Partners Holdings L.P.)

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