Common use of PRESENT LOAN BALANCE Clause in Contracts

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 is $0.00 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 2 contracts

Samples: Standby Facility Agreement (Omnicell Inc /Ca/), Standby Facility Agreement (Omnicell Com /Ca/)

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PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 October 29, 2001 is $0.00 1,168,700.00 consisting of contingent obligations under the Foreign Exchange Contract Sublimit and Cash Management Services and Reserves (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan Agreement (Mti Technology Corp)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 is June 30th, 1999is $0.00 1,958,426.09 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan Agreement (Silicon Gaming Inc)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 September 7, 2001 is $0.00 12,008,516.69 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan Agreement (Sigma Designs Inc)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 14-2714-00 04 is $0.00 311,711.27 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan Agreement (Adept Technology Inc)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 6/18/2001 is $0.00 1,000,000.00 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan Agreement (Natus Medical Inc)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 April 15, 2008 is $0.00 228,244.12 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan Agreement (I/Omagic Corp)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 July 31, 2001 is $0.00 2,396,359.00 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan and Security Agreement (Digirad Corp)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 9/28/01 is $0.00 1,174,720.78 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan Agreement (Applied Imaging Corp)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 June 14, 1995 is $0.00 2,821,049.09 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan and Security Agreement (Rasterops)

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PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's ’s indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 December 14, 2004 is $0.00 168,156.58 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan Agreement (Entrada Networks Inc)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 March 5, 1998 is $0.00 $ 3,599,799.95 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan and Security Agreement (Fourth Shift Corp)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 12-2719-00 02 is $0.00 0 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan and Security Agreement (Onyx Software Corp/Wa)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 __________ is $0.00 _________________ (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan and Security Agreement (Ag Associates Inc)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 December 6, 2002 is $0.00 400,466.67 (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan Agreement (Click2learn Inc/De/)

PRESENT LOAN BALANCE. Borrower acknowledges that the present unpaid principal balance of the Borrower's indebtedness, liabilities and obligations to Silicon under the Existing Loan Documents, including interest accrued through 1-27-00 __________________________________ is $0.00 ______________________ (the "Present Loan Balance"), and that said sum is due and owing without any defense, offset, or counterclaim of any kind.

Appears in 1 contract

Samples: Loan and Security Agreement (Adexa Inc)

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