Common use of Confirmation of Indebtedness Clause in Contracts

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of January 22, 2003 is $645,000.00. The outstanding principal balance under the Term Note as of January 22, 2003 is $965,000.00. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Samples: Loan Agreement (Qualmark Corp)

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Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of January 22February 13, 2003 2004 is $645,000.00500,000.00. The outstanding principal balance under the Term Note as of January 22February 13, 2003 2004 is $965,000.00360,000.00. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Samples: Loan Agreement (Qualmark Corp)

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of January 2223, 2003 2002 is $645,000.00. The outstanding principal balance under the Term Note as of January 2223, 2003 2002 is $965,000.001,590,000.00. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Samples: Loan Agreement (Qualmark Corp)

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of January 2229, 2003 2001 is $645,000.002,000,000. The outstanding principal balance under the Term Note as of January 2229, 2003 2001 is $965,000.00811,107.47. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Samples: Loan Agreement (Qualmark Corp)

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of January 22March 29, 2003 2000 is $645,000.001,500,000. The outstanding principal balance under the Term Note as of January 22March 29, 2003 2000 is $965,000.001,111,017.47. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Samples: Loan Agreement (Qualmark Corp)

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Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of January 22June 27, 2003 2001 is $645,000.000. The outstanding principal balance under the Term Note as of January 22June 27, 2003 2001 is $965,000.001,895,000.00. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Samples: Loan Agreement (Qualmark Corp)

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of January 22July 24, 2003 is $645,000.00500,000.00. The outstanding principal balance under the Term Note as of January 22July 24, 2003 is $965,000.00780,000.00. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Samples: Loan Agreement (Qualmark Corp)

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of January 22April 20, 2003 2004 is $645,000.00500,000.00. The outstanding principal balance under the Term Note as of January 22April 20, 2003 2004 is $965,000.00280,000.00. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Samples: Promissory Note and Loan Agreement (Qualmark Corp)

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