Common use of Outstanding Indebtedness; Waiver of Claims Clause in Contracts

Outstanding Indebtedness; Waiver of Claims. Borrower hereby acknowledges and agrees that as of June 17, 1997 the aggregate outstanding principal amount of the Revolving Credit Loan is $8,121,166.79 and that such principal amount is payable pursuant to the Loan Agreement, as amended hereby, without defense, offset, withholding, counterclaim or deduction of any kind. Borrower and each other Credit Party executing this Amendment hereby waives, releases, remises and forever discharges Lender and each other Indemnified Person from any and all Claims of any kind or character, known, or unknown, which Borrower or any other Credit Party ever had, now has or might hereafter have against Lender which relates, directly or indirectly, to any acts or omissions of Lender or any other Indemnified Person on or prior to the Amendment Effective Date. 7.

Outstanding Indebtedness; Waiver of Claims. Borrower Each Credit Party hereby acknowledges and agrees that as of June 17April 29, 1997 1998 the aggregate outstanding principal amount of the Revolving Credit Loan is $8,121,166.79 10,374,430.37 and that such principal amount is payable pursuant to the Loan Agreement, as amended hereby, Agreement without defense, offset, withholding, counterclaim or deduction of any kind. Borrower and each other Each Credit Party executing this Amendment hereby waives, releases, remises and forever discharges Lender and each other Indemnified Person from any and all Claims of any kind or character, known, known or unknown, which Borrower or any other each Credit Party ever had, now has or might hereafter have against Lender which relates, directly or indirectly, to any acts or omissions of Lender or any other Indemnified Person on or prior to the Amendment Effective Date. 7date hereof.

Outstanding Indebtedness; Waiver of Claims. Borrower Each Credit Party ------------------------------------------ hereby acknowledges and agrees that as of June 17August 20, 1997 the aggregate outstanding principal amount of the Revolving Credit Loan is $8,121,166.79 5,921,548.54 and that such principal amount is payable pursuant to the Loan Agreement, as amended hereby, without defense, offset, withholding, counterclaim or deduction of any kind. Borrower and each other Each Credit Party executing this Amendment hereby waives, releases, remises and forever discharges Lender and each other Indemnified Person from any and all Claims of any kind or character, known, known or unknown, which Borrower or any other each Credit Party ever had, now has or might hereafter have against Lender which relates, directly or indirectly, to any acts or omissions of Lender or any other Indemnified Person on or prior to the Amendment Effective Date. 7.

Outstanding Indebtedness; Waiver of Claims. Borrower Each Credit Party ------------------------------------------ hereby acknowledges and agrees that as of June 17May 22, 1997 the aggregate outstanding principal amount of the Revolving Credit Loan is $8,121,166.79 7,708,649.93 and that such principal amount is payable pursuant to the Loan Agreement, as amended hereby, without defense, offset, withholding, counterclaim or deduction of any kind. Borrower and each other Each Credit Party executing this Amendment hereby waives, releases, remises and forever discharges Lender and each other Indemnified Person from any and all Claims of any kind or character, known, known or unknown, which Borrower or any other each Credit Party ever had, now has or might hereafter have against Lender which relates, directly or indirectly, to any acts or omissions of Lender or any other Indemnified Person on or prior to the Amendment Effective Date. 7.