Common use of Confirmation of Indebtedness Clause in Contracts

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of April 20, 2004 is $500,000.00. The outstanding principal balance under the Term Note as of April 20, 2004 is $280,000.00. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Samples: Loan Agreement (Qualmark Corp)

AutoNDA by SimpleDocs

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of April 20March 29, 2004 2000 is $500,000.001,500,000. The outstanding principal balance under the Term Note as of April 20March 29, 2004 2000 is $280,000.001,111,017.47. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Samples: Loan Agreement (Qualmark Corp)

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of April 20February 13, 2004 is $500,000.00. The outstanding principal balance under the Term Note as of April 20February 13, 2004 is $280,000.00360,000.00. 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 April 20July 24, 2004 2003 is $500,000.00. The outstanding principal balance under the Term Note as of April 20July 24, 2004 2003 is $280,000.00780,000.00. 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 April 20June 27, 2004 2001 is $500,000.000. The outstanding principal balance under the Term Note as of April 20June 27, 2004 2001 is $280,000.001,895,000.00. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Samples: Loan Agreement (Qualmark Corp)

AutoNDA by SimpleDocs

Confirmation of Indebtedness. The outstanding principal balance under the Revolving Note as of April 20January 29, 2004 2001 is $500,000.002,000,000. The outstanding principal balance under the Term Note as of April 20January 29, 2004 2001 is $280,000.00811,107.47. 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 April 20January 22, 2004 2003 is $500,000.00645,000.00. The outstanding principal balance under the Term Note as of April 20January 22, 2004 2003 is $280,000.00965,000.00. 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 April 20January 23, 2004 2002 is $500,000.00645,000.00. The outstanding principal balance under the Term Note as of April 20January 23, 2004 2002 is $280,000.001,590,000.00. Interest has and continues to accrue under the Notes in accordance with the terms thereof.

Appears in 1 contract

Samples: Loan Agreement (Qualmark Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!