Common use of No Adverse Claim Clause in Contracts

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

Appears in 5 contracts

Samples: Credit Agreement (WTC Industries Inc), Credit Agreement (WTC Industries Inc), Credit Agreement (WTC Industries Inc)

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

Appears in 1 contract

Samples: Credit Agreement (California Community Bancshares Inc)

No Adverse Claim. The Borrowers hereby warrant, acknowledge and agree that no events have been taken place and no circumstances exist at the date hereof which would give any Borrower the Borrowers a basis to assert a defense, offset or counterclaim to any claim of the Lender Agent or the Banks with respect to the Borrowers' " obligations under the Credit Agreement Agreement, as amended by this Amendment.

Appears in 1 contract

Samples: Credit Agreement (Pilgrim America Capital Corp)

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

Appears in 1 contract

Samples: Loan Agreement (Cogeneration Corp of America)

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