Common use of No Defenses or Counterclaims Clause in Contracts

No Defenses or Counterclaims. Each eviction proceeding, if any, relating to the Rental Property has been properly commenced and there is no valid defense or counterclaim by anyone with respect thereto.

No Defenses or Counterclaims. Each pending eviction proceeding, if any, relating to the Rental Property initiated by or on behalf of any Seller Party has been properly commenced and there is no valid defense or counterclaim by anyone with respect theretothereto that could reasonably be expected to have a material adverse effect on the value or current use of the Rental Property.