Common use of No Adverse Claim Clause in Contracts

No Adverse Claim. The Borrower warrants, acknowledges, and agrees that no events have taken place and no circumstances exist at the date hereof that would give the Borrower a basis to assert a defense, offset, or counterclaim to any claim of the Bank with respect to the Obligations.

Appears in 20 contracts

Samples: Credit Agreement (Electromed, Inc.), Credit Agreement (Park National Corp /Oh/), Credit Agreement (Electromed, Inc.)

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No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Lenders with respect to the Obligations.

Appears in 15 contracts

Samples: Credit Agreement (Horton D R Inc /De/), Credit Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Credit Agreement (Horton D R Inc /De/)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Agent or the Lenders with respect to the ObligationsObligations or the Borrower's obligations under the Credit Agreement as amended by this Amendment.

Appears in 11 contracts

Samples: Credit Agreement (Matrix Bancorp Inc), Credit Agreement (Nn Inc), Credit Agreement (Matrix Bancorp Inc)

No Adverse Claim. The Each Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that which would give the such Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Lenders with respect to the Obligations.

Appears in 10 contracts

Samples: Credit Agreement (Dolan Co.), Credit Agreement (Dolan Co.), Credit Agreement (Dolan Co.)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have been taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Agent or the Banks with respect to the Obligations.

Appears in 10 contracts

Samples: Credit Agreement (Lecg Corp), Credit Agreement (Marten Transport LTD), Credit Agreement (Lecg Corp)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Lender with respect to the ObligationsBorrower’s obligations under the Credit Agreement as amended by this Amendment.

Appears in 9 contracts

Samples: Credit Agreement (Universal Electronics Inc), Credit Agreement (Universal Electronics Inc), Credit Agreement (Universal Electronics Inc)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have been taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Lender with respect to the Obligations.

Appears in 8 contracts

Samples: Credit Agreement (Magstar Technologies Inc), Credit Agreement (Magstar Technologies Inc), Credit Agreement (Magstar Technologies Inc)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Lender with respect to the Obligationsobligations.

Appears in 7 contracts

Samples: Credit Agreement (Galaxy Gaming, Inc.), Credit Agreement (Galaxy Gaming, Inc.), Credit Agreement (Galaxy Gaming, Inc.)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Banks with respect to the Secured Obligations.

Appears in 7 contracts

Samples: Warehousing Credit Agreement (MDC Holdings Inc), Warehousing Credit Agreement (MDC Holdings Inc), Warehousing Credit Agreement (MDC Holdings Inc)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Lenders with respect to the ObligationsBorrower’s obligations under the Credit Agreement as amended by this Amendment.

Appears in 6 contracts

Samples: Credit Agreement (Universal Electronics Inc), Credit Agreement (Universal Electronics Inc), Credit Agreement (Universal Electronics Inc)

No Adverse Claim. The Each Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that which would give the such Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Banks with respect to the Obligations.

Appears in 6 contracts

Samples: Credit Agreement (Dolan Media CO), Credit Agreement (Cabelas Inc), Joinder Agreement (Dolan Media CO)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Lender with respect to the Obligationsobligations of the Borrower and the Guarantors under the Loan Agreement and the other Loan Documents.

Appears in 6 contracts

Samples: Loan Agreement (Wildfire New PubCo, Inc.), Loan Agreement (Wildfire New PubCo, Inc.), Loan Agreement (Wildfire New PubCo, Inc.)

No Adverse Claim. The Each Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that which would give the such Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Administrative Agent or the Lenders with respect to the Obligations.

Appears in 6 contracts

Samples: Security and Guaranty Agreement (Horsehead Holding Corp), Security and Guaranty Agreement (Horsehead Holding Corp), Security and Guaranty Agreement (Horsehead Holding Corp)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Agent or the Banks with respect to the ObligationsObligations or the Borrower's obligations under the Credit Agreement as amended by this Amendment.

Appears in 5 contracts

Samples: Credit Agreement (Marten Transport LTD), Credit Agreement (Marten Transport LTD), Credit Agreement (Marten Transport LTD)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have been taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank with respect to the ObligationsBorrower's obligations under the Credit Agreement as amended by this Amendment.

Appears in 5 contracts

Samples: Credit Agreement (Health Risk Management Inc /Mn/), Credit Agreement (Health Risk Management Inc /Mn/), Credit Agreement (Health Risk Management Inc /Mn/)

No Adverse Claim. The Each Borrower warrants, acknowledges, acknowledges and agrees that no events have been taken place and no circumstances exist at the date hereof that which would give the such Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank any Lender with respect to the Obligations.

Appears in 5 contracts

Samples: Extension Agreement (Golden Oval Eggs LLC), Credit Agreement (Golden Oval Eggs LLC), Credit Agreement (Golden Oval Eggs LLC)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have been taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank with respect to the Obligations.

Appears in 4 contracts

Samples: Credit Agreement (RTW Inc /Mn/), Credit Agreement (RTW Inc /Mn/), Credit Agreement (RTW Inc /Mn/)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have been taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Lender with respect to the ObligationsBorrower's obligations under the Credit Agreement as amended by this Amendment.

Appears in 3 contracts

Samples: Credit Agreement (Sunrise International Leasing Corp), Letter Loan Agreement (Ault Inc), Credit Agreement (Sunrise International Leasing Corp)

No Adverse Claim. The Each Borrower warrants, acknowledges, acknowledges and agrees that no events have been taken place and no circumstances exist at the date hereof that which would give the such Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Banks with respect to the Obligations.

Appears in 2 contracts

Samples: Credit Agreement (Dolan Media CO), Credit Agreement (Dolan Media CO)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at as of the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Lender with respect to the Obligations.

Appears in 2 contracts

Samples: Credit Agreement (Magstar Technologies Inc), Credit Agreement (Magstar Technologies Inc)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that to the Borrower's knowledge no events have been taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Banks with respect to the ObligationsBorrower's obligations under the Credit Agreement as amended by this Amendment.

Appears in 2 contracts

Samples: Credit Agreement (Buca Inc /Mn), Credit Agreement (Buca Inc /Mn)

No Adverse Claim. The Each Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that which would give the such Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Agent or any Banks with respect to the Obligations.

Appears in 2 contracts

Samples: Credit Agreement (Plato Learning Inc), Credit Agreement (Plato Learning Inc)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have been taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank with respect to the ObligationsBorrower's obligations under the Amended and Restated Credit Agreement as amended by this Amendment.

Appears in 2 contracts

Samples: Credit Agreement (Lawson Software Inc), Credit Agreement (Lawson Software Inc)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Banks with respect to the ObligationsBorrower’s obligations under the Loan Documents.

Appears in 1 contract

Samples: Horton D R Inc /De/

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that to the Borrower's knowledge no events have taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, or counterclaim to any claim of the Bank with respect to the Obligations.assert

Appears in 1 contract

Samples: Credit Agreement (Buca Inc /Mn)

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No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Agent or the Banks with respect to the Obligations.

Appears in 1 contract

Samples: Credit Agreement (Community First Bankshares Inc)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Lender with respect to the ObligationsBorrower's obligations under the Credit Agreement, the Notes or any other document executed in connection with the Credit Agreement.

Appears in 1 contract

Samples: Settlement Agreement (Healthrite Inc)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Lenders or the Administrative Agent with respect to the Obligations.

Appears in 1 contract

Samples: Credit Agreement (Cabelas Inc)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have been taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Administrative Agent of any Lender with respect to the Obligations.

Appears in 1 contract

Samples: Choctaw Resort Development Enterprise

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges ---------------- and agrees that no events have taken place and no circumstances exist at the date hereof that would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Banks with respect to the ObligationsBorrower's obligations under the Loan Documents.

Appears in 1 contract

Samples: Agreement (MDC Holdings Inc)

No Adverse Claim. The Borrower warrants, acknowledges, and agrees that no events have taken place and no circumstances exist at the date hereof that would give the Borrower a basis to assert a defense, offset, or counterclaim to any claim of the Bank with respect to the Obligations. Section 7.

Appears in 1 contract

Samples: Credit Agreement (MidWestOne Financial Group, Inc.)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Agent or the Lenders with respect to the ObligationsObligations or the Borrower’s obligations under the Credit Agreement as amended by this Amendment.

Appears in 1 contract

Samples: Credit Agreement (Matrix Bancorp Inc)

No Adverse Claim. The Each Borrower warrants, acknowledges, acknowledges and agrees that no events have been taken place and no circumstances exist at the date hereof that which would give the such Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Lenders with respect to the Obligations.

Appears in 1 contract

Samples: Credit Agreement (Golden Oval Eggs LLC)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have been taken place and no circumstances exist at the date hereof that would whichwould give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank with respect to the ObligationsBorrower's obligations under the Credit Agreement as amended by this Amendment.

Appears in 1 contract

Samples: Credit Agreement (Health Risk Management Inc /Mn/)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have been taken place plate and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Lender with respect to the ObligationsBorrower's obligations under the Credit Agreement as amended by this Amendment.

Appears in 1 contract

Samples: Letter Loan Agreement (Ault Inc)

No Adverse Claim. The Borrower warrants, acknowledges, and agrees that no events have taken place and no circumstances exist at the date hereof that would give the Borrower a basis to assert a defense, offset, or counterclaim to any claim of the Bank with respect to the Obligations. Section 5.

Appears in 1 contract

Samples: Credit Agreement (MidWestOne Financial Group, Inc.)

No Adverse Claim. The Each Borrower hereby warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that which would give the such Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank with respect to such Borrower's obligations under the ObligationsCredit Agreement, as amended by this Amendment.

Appears in 1 contract

Samples: Credit Agreement (California Community Bancshares Inc)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees ---------------- that to the Borrower's knowledge no events have been taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Banks with respect to the ObligationsBorrower's obligations under the Credit Agreement as amended by this Amendment.

Appears in 1 contract

Samples: Credit Agreement (Buca Inc /Mn)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Banks or the Agent with respect to the Obligations.

Appears in 1 contract

Samples: Credit Agreement (Norstan Inc)

No Adverse Claim. The Each Borrower warrants, acknowledges, acknowledges and agrees that no events have been taken place and no circumstances exist at the date hereof that which would give the such Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the any Bank with respect to the Obligations.

Appears in 1 contract

Samples: Credit Agreement (Plato Learning Inc)

No Adverse Claim. The Borrower warrants, acknowledges, acknowledges and agrees that to the Borrower's knowledge no events have taken place and no circumstances exist at the date hereof that which would give the Borrower a basis to assert a defense, offset, offset or counterclaim to any claim of the Bank Banks with respect to the ObligationsBorrower's obligations under the Credit Agreement as amended by this Amendment.

Appears in 1 contract

Samples: Credit Agreement (Buca Inc /Mn)

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