Liability of Borrower. Borrower hereby ratifies and reconfirms Borrower’s obligations and all liability to Bank under the terms and conditions of the Loan Documents and acknowledges that Borrower has no defenses to or rights of set-off against Borrower’s obligations and all liability to Bank thereunder. Borrower further acknowledges that Bank has performed all of Bank’s obligations under the Loan Documents.
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Samples: Promissory Note Modification Agreement (Sparton Corp), Promissory Note Modification Agreement (Next Inc/Tn), Promissory Note Modification Agreement (Northern Technologies International Corp)
Liability of Borrower. Borrower hereby ratifies and reconfirms Borrower’s 's obligations and all liability to Bank under the terms and conditions of the Loan Documents and acknowledges that Borrower has no defenses to or rights of set-off against Borrower’s 's obligations and all liability to Bank thereunder. Borrower further acknowledges that Bank has performed all of Bank’s 's obligations under the Loan Documents.
Appears in 5 contracts
Samples: Promissory Note Modification Agreement (Calton Inc), Promissory Note Modification Agreement (Hickok Inc), Promissory Note Modification Agreement (Safe Auto Group, Inc.)
Liability of Borrower. Borrower hereby ratifies and reconfirms Borrower’s obligations and all liability to Bank Lender under the terms and conditions of the Loan Documents and acknowledges that Borrower has no defenses to or rights of set-off against Borrower’s obligations and all liability to Bank Lender thereunder. Borrower further acknowledges that Bank Lender has performed all of BankLender’s obligations under the Loan Documents.
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