Common use of No Adverse Claim Clause in Contracts

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

No Adverse Claim. The Seller 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 Seller a basis to assert a defense, offset, offset or counterclaim to any claim of the Agent or the Buyers with respect to the Seller’s obligations under the Repurchase Agreement as amended by this Amendment.