Common use of Status of Obligations Clause in Contracts

Status of Obligations. Borrower hereby confirms and --------------------- agrees that all Loans and all other Obligations outstanding under the Credit Agreement and the other Loan Documents as of the date hereof were duly and validly created and incurred by Borrower thereunder, that all such outstanding amounts are owed in accordance with the terms of the Credit Agreement and other Loan Documents, and that there are no rights of offset, defense, counterclaim, claim or objection in favor of Borrower arising out of or with respect to any of the Loans or other Obligations of Borrower to the Administrative Agent or the Lenders, and any such rights of offset, defense, counterclaim, claims or objections have been and are hereby waived and released by Borrower.

Status of Obligations. Borrower hereby confirms and --------------------- agrees that all Loans and all other Obligations outstanding under the Credit Agreement and the other Loan Documents as of the date hereof were duly and validly created and incurred by Borrower thereunder, that all such outstanding amounts are owed in accordance with the terms of the Credit Agreement and other Loan Documents, and that there are no rights of offset, defense, counterclaim, claim or objection in favor of Borrower arising out of or with respect to any of the Loans or other Obligations of Borrower to the Administrative Agent or the Lenders, and any such rights of offset, defense, counterclaim, claims or objections have been and are hereby waived and released by Borrower.

Status of Obligations. Borrower hereby confirms and --------------------- agrees that all Loans and all other Obligations outstanding under the Credit Agreement and the other Loan Documents as of the date hereof were duly and validly created and incurred by Borrower thereunderthere under, that all such outstanding amounts are owed in accordance with the terms of the Credit Agreement and other Loan Documents, and that there are no rights of offset, defense, counterclaim, claim or objection in favor of or Borrower arising out of or with respect to any of the Loans or other Obligations of or Borrower to the Administrative Agent Agents or the Lenders, and any such rights of offset, defense, counterclaim, claims or objections objectives have been and are hereby waived and released by Borrower.

Status of Obligations. Borrower hereby confirms and --------------------- agrees that all Loans and all other Obligations outstanding under the Credit Agreement and the other Loan Documents as of the date hereof were duly and validly created and incurred by Borrower thereunder, that all such outstanding amounts are owed in accordance with the terms of the Credit Agreement and other Loan Documents, and that there are no rights of offset, defense, counterclaim, claim or objection in favor of Borrower arising out of or with respect to any of the Loans or other Obligations of Borrower to the Administrative Agent Agents or the Lenders, and any such rights of offset, defense, counterclaim, claims or objections have been and are hereby waived and released by Borrower.

Status of Obligations. Borrower hereby confirms and --------------------- agrees that all Loans Advances and all other Obligations outstanding under the Credit Agreement and the other Loan Documents as of the date hereof were duly and validly created and incurred by Borrower thereunder, that all such outstanding amounts are owed in accordance with the terms of the Credit Agreement and other Loan Documents, and that there are no rights of offset, defense, counterclaim, claim or objection in favor of Borrower arising out of or with respect to any of the Loans Advances or other Obligations of Borrower to the Administrative Agent or the LendersLender, and any such rights of offset, defense, counterclaim, claims or objections have been and are hereby waived and released by Borrower.

Status of Obligations. The Borrower hereby confirms and --------------------- agrees that all Revolving Loans and all other Obligations outstanding under the Credit Agreement and the other Loan Documents as of the date hereof were duly and validly created and incurred by the Borrower thereunder, that all such outstanding amounts are owed in accordance with the terms of the Credit Agreement and other Loan Documents, and that there are no rights of offset, defense, counterclaim, claim or objection in favor of the Borrower arising out of or with respect to any of the Revolving Loans or other Obligations of the Borrower to the Administrative Agent or the LendersLender, and any such rights of offset, defense, counterclaim, claims or objections have been and are hereby waived and released by the Borrower.

Status of Obligations. Borrower hereby confirms and --------------------- agrees that all Loans Advances and all other Obligations outstanding under the Credit Agreement and the other Loan Documents as of the date hereof were duly and validly created and incurred by Borrower thereunderthere under, that all such outstanding amounts are owed in accordance with the terms of the Credit Agreement and other Loan Documents, and that there are no rights of offset, defense, counterclaim, claim or objection in favor of Borrower arising out of or with respect to any of the Loans Advances or other Obligations of Borrower to the Administrative Agent or the LendersLender, and any such rights of offset, defense, counterclaim, claims or objections have been and are hereby waived and released by Borrower.