No Defense. Borrower acknowledges that Borrower has no defenses to (a) Borrower’s obligation to pay the Obligations when due, or (b) the validity, enforceability or binding effect against Borrower and each Loan Party, as applicable, of the Credit Agreement or any of the other Loan Documents or any Liens intended to be created thereby.
Appears in 3 contracts
Samples: Credit Agreement (Blueknight Energy Partners, L.P.), Credit Agreement (Blueknight Energy Partners, L.P.), Credit Agreement (Blueknight Energy Partners, L.P.)
No Defense. Borrower acknowledges that Borrower has no defenses defense to (ai) Borrower’s obligation to pay the Obligations any amount payable under any Loan Document when due, or (bii) the validity, enforceability or binding effect against Borrower and each Loan Party, as applicable, of the Credit Agreement or any of the other Loan Documents or any Liens intended to be created thereby.
Appears in 3 contracts
Samples: Forbearance Agreement (Teton Energy Corp), Forbearance Agreement (Teton Energy Corp), Forbearance Agreement (Teton Energy Corp)
No Defense. Borrower acknowledges that Borrower has no defenses defense to (a) Borrower’s obligation to pay the Obligations Lender Indebtedness when due, or (b) the validity, enforceability or binding effect against Borrower and each Loan Party, as applicable, of the Credit Agreement or any of the other Loan Documents or any Liens intended to be created thereby.
Appears in 2 contracts
Samples: Credit Agreement (Quicksilver Gas Services LP), Credit Agreement (Quicksilver Gas Services LP)
No Defense. Borrower acknowledges that Borrower has no defenses defense to (a) Borrower’s 's obligation to pay the Obligations when due, or (b) the validity, enforceability or binding effect against Borrower and each Loan Party, as applicable, of the Credit Agreement or any of the other Loan Documents Papers or any Liens intended to be created thereby.
Appears in 1 contract
