No Offset. Prior to the termination of this Indenture, the obligations of the Servicer under this Indenture shall not be subject to any defense, counterclaim or right of offset which the Servicer has or may have against the Issuer, the Indenture Trustee or any Noteholder, whether in respect of this Indenture, any Timeshare Loan or otherwise.
Appears in 26 contracts
Samples: Note Funding Agreement (BBX Capital Corp), Note Funding Agreement (Bluegreen Vacations Corp), Indenture (Bluegreen Vacations Holding Corp)
No Offset. Prior to the termination of this Indenture, the obligations of the Servicer under this Indenture shall not be subject to any defense, counterclaim or right of offset which the Servicer has or may have against the Issuer, the Indenture Trustee or any Noteholder, whether in respect of this Indenture, any Timeshare Loan or otherwise.
Appears in 19 contracts
Samples: Indenture (BFC Financial Corp), Indenture (BBX Capital Corp), Indenture (Diamond Resorts Parent, LLC)
No Offset. Prior to the termination of this Indenture, the obligations of the Servicer under this Indenture shall not be subject to any defense, counterclaim or right of offset which the Servicer has or may have against the Issuer, the Indenture Trustee Trustee, the Administrative Agent or any NoteholderPurchaser, whether in respect of this Indenture, any Timeshare Loan or otherwise.
Appears in 4 contracts
Samples: Indenture (Diamond Resorts International, Inc.), Indenture (Diamond Resorts International, Inc.), Indenture (Diamond Resorts Corp)
No Offset. Prior to the termination of this IndentureIndenture and Servicing Agreement, the obligations of the Servicer under this Indenture and Servicing Agreement shall not be subject to any defense, counterclaim or right of offset which the Servicer has or may have against the Issuer, the Indenture Trustee or any Noteholder, whether in respect of this IndentureIndenture and Servicing Agreement, any Timeshare Loan or otherwise.
Appears in 3 contracts
Samples: Indenture and Servicing Agreement (MARRIOTT VACATIONS WORLDWIDE Corp), Indenture and Servicing Agreement (Marriott Vacations Worldwide Corp), Indenture and Servicing Agreement (Marriott Vacations Worldwide Corp)
No Offset. Prior to the termination of this Indenture, the The obligations of the Servicer under this Indenture shall not be subject to any defense, counterclaim or right of offset which the Servicer has or may have against the Issuer, the Indenture Trustee or any Noteholder, whether in respect of this Indenture, any Timeshare Loan or otherwise.
Appears in 1 contract
Samples: Bluegreen Corp
No Offset. Prior to the termination of this Indenture, the obligations of the Servicer under this Indenture shall not be subject to any defense, counterclaim or right of offset which the Servicer has or may have against the Issuer, the Indenture Trustee Trustee, any Noteholder or any NoteholderPurchaser, whether in respect of this Indenture, any Timeshare Loan or otherwise.
Appears in 1 contract
No Offset. Prior to the termination of this Indenture, the obligations of the Servicer under this Indenture shall not be subject to any defense, counterclaim or right of offset which the Servicer has or may have against the Issuer, the Indenture Trustee Trustee, the Agent or any NoteholderPurchaser, whether in respect of this Indenture, any Timeshare Loan or otherwise.
Appears in 1 contract
No Offset. Prior to the termination of this Indenture, the obligations of the Servicer under this Indenture shall not be subject to any defense, counterclaim or right of offset which the Servicer has or may have against the Issuer, the Indenture Trustee or any Noteholder, whether in respect of this Indenture, any Timeshare Loan or otherwise.. 36
Appears in 1 contract
Samples: Indenture (BBX Capital Corp)
