Estoppel. To induce Lender to enter into this Amendment and to continue to make advances to Borrower under the Loan Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender with respect to the Obligations.
Appears in 22 contracts
Samples: Loan and Security Agreement (Gottschalks Inc), Loan and Security Agreement (Citi Trends Inc), Loan and Security Agreement and Waiver (Source Interlink Companies Inc)
Estoppel. To induce Lender Bank to enter into this Amendment and to continue -------- to make advances to Borrower under the Loan Credit Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender Bank with respect to the Obligations.
Appears in 10 contracts
Samples: Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co)
Estoppel. To induce Lender Bank to enter into this Amendment and to continue to make advances to Borrower under the Loan Credit Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender Bank with respect to the Obligations.
Appears in 8 contracts
Samples: Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co)
Estoppel. To induce Lender the Bank to enter into this Amendment and to -------- continue to make advances to Borrower under the Loan Credit Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender the Bank with respect to the Obligations.
Appears in 6 contracts
Samples: Credit Agreement (Keystone Automotive Industries Inc), Credit Agreement (Keystone Automotive Industries Inc), Credit Agreement (Keystone Automotive Industries Inc)
Estoppel. To induce Lender Bank to enter into this Amendment and to -------- continue to make advances to Borrower under the Loan Credit Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender Bank with respect to the Obligations.
Appears in 6 contracts
Samples: Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co)
Estoppel. To induce Lender the Bank to enter into this Amendment and to continue to make advances to Borrower under the Loan Credit Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender the Bank with respect to the Obligations.
Appears in 3 contracts
Samples: Credit Agreement (Keystone Automotive Industries Inc), Credit Agreement (Keystone Automotive Industries Inc), Credit Agreement (Keystone Automotive Industries Inc)
Estoppel. To induce Lender to enter into this Amendment and to continue to make advances to Borrower under the Loan Agreement, and without limiting Borrower’s rights to contest Lender’s monthly statements in accordance with Section 6.2 of the Loan Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender with respect to the Obligations.
Appears in 3 contracts
Samples: Loan and Security Agreement (Pfsweb Inc), Loan and Security Agreement (Pfsweb Inc), Loan and Security Agreement (Ecost Com Inc)
Estoppel. To induce Lender the Bank to enter into this Amendment and to continue to make advances to the Borrower under the Loan Credit Agreement, the Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of the Borrower as against Lender the Bank with respect to the Obligations.
Appears in 2 contracts
Samples: Credit Agreement (Elite Information Group Inc), Credit Agreement (Elite Information Group Inc)
Estoppel. To induce Lender to enter into this Amendment and to -------- continue to make advances to Borrower under the Loan Credit Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender with respect to the Obligationsobligations owing by Borrower to Lender under the Loan Documents.
Appears in 2 contracts
Samples: Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co)
Estoppel. To induce Lender to enter into this Amendment and to continue to make advances to Borrower under the Loan Credit Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender with respect to the Obligations.
Appears in 2 contracts
Samples: Credit and Security Agreement and Waiver (Gardenburger Inc), Credit and Security Agreement and Waiver (Gardenburger Inc)
Estoppel. To induce Lender to enter into this Amendment and to continue to make advances to Borrower under the Loan Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender with respect to the Obligations.
Appears in 2 contracts
Samples: Loan and Security Agreement (Image Entertainment Inc), Loan and Security Agreement (Image Entertainment Inc)
Estoppel. To induce Lender to enter into this Amendment and to continue to make advances to Borrower Borrowers under the Loan Agreement, each Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of such Borrower as against Lender with respect to the Obligations.
Appears in 2 contracts
Samples: Loan and Security Agreement (Universal International Inc /Mn/), Loan and Security Agreement (Universal International Inc /Mn/)
Estoppel. To induce Lender to enter into this Amendment and to continue to make advances to Borrower under the Loan Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender with respect to the Obligations.
Appears in 2 contracts
Samples: Loan and Security Agreement (Citi Trends Inc), Loan and Security Agreement and Consent (Citi Trends Inc)
Estoppel. To induce Lender Bank to enter into this Amendment and to continue to make advances to Borrower borrower under the Loan Credit Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender Bank with respect to the Obligations.
Appears in 2 contracts
Samples: Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co)
Estoppel. To induce Lender to enter into this Amendment and to continue to make advances to Borrower under the Loan Agreement, Borrower hereby acknowledges and agrees that, as of the date hereof, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender with respect to the Obligations.
Appears in 1 contract
Estoppel. To induce Lender Foothill to enter into this Amendment and to continue to make advances to Borrower under the Loan Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender Foothill with respect to the Obligations.
Appears in 1 contract
Samples: Loan and Security Agreement (Bollinger Industries Inc)
Estoppel. To induce Lender to enter into this Amendment and to continue to make advances Revolving Loans to Borrower Borrowers under the Loan Agreement, Borrower Borrowers hereby acknowledges acknowledge and agrees agree that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default or Default and no right of offset, defense, counterclaim or objection in favor of any Borrower as against Lender with respect to the Obligations.
Appears in 1 contract
Samples: Loan and Security Agreement (Perma Fix Environmental Services Inc)
Estoppel. To induce Lender to enter into this Amendment and to continue to make advances Revolving Loans to Borrower Borrowers under the Loan Agreement, each Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default or Default and no right of offset, defense, counterclaim or objection in favor of any Borrower as against Lender with respect to the Obligations.
Appears in 1 contract
Samples: Loan and Security Agreement (Perma Fix Environmental Services Inc)
Estoppel. To induce Lender Bank to enter into this Amendment and to continue to make advances to Borrower under the Loan Credit Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender Bank with respect to the Obligations.. (SIGNATURES ON NEXT PAGE)
Appears in 1 contract
Estoppel. To induce Lender the Bank to enter into this Amendment and -------- to continue to make advances to Borrower under the Loan Credit Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender the Bank with respect to the Obligations.
Appears in 1 contract
Samples: Credit Agreement (Keystone Automotive Industries Inc)
Estoppel. To induce Lender to enter into this his Amendment and an to continue -------- to make advances to Borrower under the Loan Credit Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there their exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender with respect to the Obligationsobligations owing by Borrower to Lender under the Loan Documents.
Appears in 1 contract
Estoppel. To induce Lender to enter into this Amendment Agreement and to continue to make advances to Borrower under the Loan this Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this AmendmentAgreement, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender with respect to the Obligations.
Appears in 1 contract
Estoppel. To induce Lender to enter into this Amendment and to -------- continue to make advances to Borrower under the Loan Credit Agreement, Borrower hereby acknowledges and agrees that, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of Borrower as against Lender with respect to the Obligations.
Appears in 1 contract
Samples: Credit Agreement (Keystone Automotive Industries Inc)
Estoppel. To induce Lender to enter into this Amendment and to continue to make advances to Borrower Borrowers under the Loan Credit Agreement, each Borrower hereby acknowledges and agrees thatthat to its knowledge after due inquiry, after giving effect to this Amendment, as of the date hereof, there exists no Event of Default and no right of offset, defense, counterclaim or objection in favor of any Borrower as against Lender with respect to the Obligations.
Appears in 1 contract
Samples: Credit and Security Agreement (Smtek International Inc)