Common use of No Defense Clause in Contracts

No Defense. No Credit Party has any defenses to payment, counterclaims or rights of set-off with respect to the Obligations on the date hereof or any defenses to the validity, enforceability or binding effect against such Credit Party of the Credit Documents to which it is a party to or any Liens intended to be created thereby.

Appears in 5 contracts

Samples: Credit and Guaranty Agreement (OneWater Marine Inc.), Lease Agreement (OneWater Marine Inc.), Lease Agreement (OneWater Marine Inc.)

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No Defense. No Credit Party has any defenses to payment, counterclaims or rights of set-off with respect to the Obligations on the date hereof or any defenses to the validity, enforceability or binding effect against such Credit Party of the Credit Documents to which it is a party to or any Liens intended to be created thereby.hereof;

Appears in 3 contracts

Samples: Credit Agreement (Prize Energy Corp), Credit Agreement (Prize Energy Corp), Credit Agreement (Prize Energy Corp)

No Defense. No Such Credit Party acknowledges that it has any defenses no defense to payment, counterclaims or rights of set-off with respect (a) such Credit Party’s obligations to pay the Obligations on the date hereof when due or any defenses to (b) the validity, enforceability or binding effect against such any Credit Party of the Credit Documents Agreement or any other Loan Document to which it is a party to or any Liens intended to be created therebyparty.

Appears in 2 contracts

Samples: Limited Waiver (DCP Midstream, LP), Credit Agreement (DCP Midstream, LP)

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No Defense. No Such Credit Party acknowledges that it has any defenses no defense to payment, counterclaims or rights of set-off with respect such Credit Party’s obligations to pay the Obligations on the date hereof when due or any defenses to the validity, enforceability or binding effect against such any Credit Party of the Credit Documents Agreement or any other Loan Document to which it is a party to or any Liens intended to be created therebyparty.

Appears in 1 contract

Samples: Credit Agreement (DCP Midstream, LP)

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