No Defenses Asserted Sample Clauses
The "No Defenses Asserted" clause establishes that a party agrees not to raise certain legal defenses in response to claims or enforcement actions under the contract. In practice, this means that if a dispute arises, the party cannot rely on specific defenses—such as alleging the contract is invalid or unenforceable—to avoid their obligations. This clause is commonly used to provide certainty and streamline enforcement by preventing parties from contesting the validity or enforceability of the agreement, thereby reducing the risk of protracted legal disputes.
No Defenses Asserted. Except in the case of a New Construction Solar Asset (Non-Identified Customer), the related Solar Service Agreement, has not been satisfied, subordinated or rescinded and no lawsuit is pending with respect to such related Solar Service Agreement.
No Defenses Asserted. The related Customer Agreement has not been satisfied, subordinated or rescinded and no lawsuit is pending with respect to such Customer Agreement.
No Defenses Asserted. The Master Lease Agreement has been satisfied, subordinated or rescinded, and, to Borrower’s Knowledge, no lawsuit is pending by or against Borrower with respect to such agreement.
No Defenses Asserted. The related Customer Contract has not been satisfied, subordinated or rescinded. To the knowledge of the applicable Sponsor Entity: (a) there are no actions, lawsuits, litigation or other proceedings existing against or threatened in writing, against or affecting the Sponsor Entities before any governmental authority that materially and adversely affect the validity or enforceability of such Solar Loan; and (b) there are no actions, lawsuits, litigation or other proceedings existing or threatened in writing, against or affecting the Sponsor Entities, wherein the related Consumer Obligor or any governmental authority has alleged in writing that such Solar Loan is illegal or unenforceable or that the related Consumer Obligor has a right to exercise any right of rescission, cancellation, set off, counterclaim or defense.
No Defenses Asserted. The Sale Leaseback Agreement has been satisfied, subordinated or rescinded, and, to Borrower’s Knowledge, no lawsuit is pending by or against Borrower with respect to such agreement.