Outstanding Obligations Sample Clauses
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Outstanding Obligations. Borrower shall have no obligations as of the date of this Agreement except those approved by HUD in writing and, except for those approved obligations, the Land has been paid for in full (or if the Land is subject to a leasehold interest, it must be subject to a HUD-approved lease), and is free from any liens or purchase money obligations, except as approved by HUD. As of the date hereof, all contractual obligations relating to the Project have been fully disclosed to HUD.
Outstanding Obligations. As of any date of determination, the sum of the outstanding principal amount of the Loans.
Outstanding Obligations a. The Borrower and the Guarantors each acknowledge and agree that, as of April 1, 2003, they are jointly and severally obligated to the Administrative Agent and the Lenders under the Credit Agreement and other Credit Documents as follows: Principal: $ Interest $ Principal: $ Interest: $ Principal: $ Interest: $ Principal: $ Interest: $ Face Amount: $
b. In addition, the Borrower and Guarantors acknowledge and agree that, in accordance with the terms of the Credit Agreement, the Borrower and the Guarantors are obligated to the Administrative Agent and the Lenders on account of Administrative Agent’s Fees, Commitment Fees, Letter of Credit Fees, Issuing Lender Fees, Deferred Fee together with costs and expenses, including, without limitation, attorneys’ fees, all whether accrued or now due or hereafter accruing or becoming due.
c. The Borrower and the Guarantors each further acknowledge and agree that they do not have any offsets, defenses, claims, or counterclaims against the Administrative Agent or any of the Lenders with respect to the Credit Agreement, any other Credit Documents, or otherwise, and to the extent that any such offsets, defenses, claims, or counterclaims may exist, the Borrower and each Guarantor hereby WAIVES and RELEASES the Administrative Agent and the Lenders from same.
d. The Borrower and each Guarantor hereby ratifies and confirms that the Obligations owed to the Administrative Agent and the Lenders (as modified hereby) are secured by the Collateral.
Outstanding Obligations. The parties are also responsible after the termination of the fund agreement for the obligations that follow from provisions, other regulations and agreements and whose nature is such that they must be fulfilled even after the fund has been deregistered or the fund agreement has ceased to be valid, for example but not limited to s. 7.2 (Limitation of liability, etc.),s. 7.8 (Competent court, applicable law, etc.), payment of price reduction in accordance with Appendix A and costs for information to pension savers.
Outstanding Obligations. As of the Closing Date, the Company shall have provided to Buyer an updated Schedule of Outstanding Obligations setting forth the Company's operating lease obligations and other obligations going forward as of December 31, 2005.
Outstanding Obligations. The Parties acknowledge by this Agreement that the consideration provided and received by each other is fair, just and reasonable and that no further consideration, compensation or obligation will be due, payable or owing with regard to the Employment Agreement as of the date of this Agreement.
Outstanding Obligations. Any outstanding obligations on the part of the Tenant to be observed and performed under the Offer Letter and/or the Agreement for Tenancy Agreement (if any) pursuant to which this Agreement is entered into shall continue to be in force and shall not merge with this Agreement unless the Landlord shall otherwise stipulate.
Outstanding Obligations. Except as otherwise described in Schedule 5.14, there are no outstanding authorizations for expenditures in excess of Fifty Thousand Dollars ($50,000), net to Seller’s interest, or other written commitments or proposals to conduct operations on the Assets.
Outstanding Obligations. Except as otherwise described in Schedule 5.11, to the knowledge of Seller, there are no outstanding authorizations for expenditures in excess of One Hundred Seventy-Five Thousand Dollars ($175,000), net to Seller’s interest, or other written commitments or proposals to conduct operations on the Assets (For the avoidance of doubt, Seller shall not be responsible for any amount set forth in Schedule 5.11).
Outstanding Obligations. Except as otherwise described in Schedule 5.13, to the actual knowledge of Seller, as of the date of this Agreement, there are no outstanding authorizations for expenditures in excess of One Hundred Thousand Dollars ($100,000), net to Seller’s interest, or other written commitments or proposals to conduct operations on the Assets. Schedule 5.14 sets forth all capital projects known to Seller as of the date of this Agreement related to the Assets that are in progress.
