Outstanding Principal Balance. Borrower and Guarantors hereby ------------------------------ acknowledge and agree that the outstanding principal balance of the Loan as of the date hereof is FIVE MILLION and 00/100 DOLLARS ($5,000,000) ("Principal Balance"), and that said sum, together with any and all monies or indebtedness due and owing under the Loan Documents (collectively, "Indebtedness"), including, but not limited to, principal, interest, accrued interest and advances, is due and payable to Lender in accordance with terms and provisions of the Loan Documents (as hereby modified) without offset, defense, claim or counterclaim of any kind or nature whatsoever.
Appears in 2 contracts
Samples: Loan Documents (Grupo TMM Sa), Loan Documents (Grupo TMM Sa)
Outstanding Principal Balance. Borrower and Guarantors hereby ------------------------------ acknowledge and agree that the outstanding principal balance of the Loan as of the date hereof is FIVE SIX MILLION FOUR HUNDRED FORTY THOUSAND and 00/100 DOLLARS ($5,000,0006,440,000) ("Principal Balance"), and that said sum, together with any and all monies or indebtedness due and owing under the Loan Documents (collectively, "Indebtedness"), including, but not limited to, principal, interest, accrued interest and advances, is due and payable to Lender in accordance with terms and provisions of the Loan Documents (as hereby modified) without offset, defense, claim or counterclaim of any kind or nature whatsoever.
Appears in 2 contracts
Samples: Fourth Modification of Loan Documents (Grupo TMM Sa), Loan Documents (Grupo TMM Sa)
Outstanding Principal Balance. Borrower and Guarantors hereby ------------------------------ acknowledge and agree that the outstanding principal balance of the Loan as of the date hereof is FIVE EIGHT MILLION FOUR HUNDRED FORTY THOUSAND and 00/100 DOLLARS ($5,000,0008,440,000) ("Principal Balance"), and that said sum, together with any and all monies or indebtedness due and owing under the Loan Documents (collectively, "Indebtedness"), including, but not limited to, principal, interest, accrued interest and advances, is due and payable to Lender in accordance with terms and provisions of the Loan Documents (as hereby modified) without offset, defense, claim or counterclaim of any kind or nature whatsoever.
Appears in 1 contract
Samples: Loan Documents (Grupo TMM Sa)