Common use of Acknowledgment of No Defenses Clause in Contracts

Acknowledgment of No Defenses. Parent and Borrower each acknowledges that it has no defense to (a) Borrower’s obligation to pay the Obligations when due, or (b) the validity, enforceability or binding effect against Borrower or any other Credit Party of the Credit Agreement or any of the other Loan Documents (to the extent a party thereto) or any Liens intended to be created thereby.

Appears in 4 contracts

Samples: Credit Agreement (Gran Tierra Energy Inc.), Credit Agreement (Gran Tierra Energy Inc.), Credit Agreement (Gran Tierra Energy Inc.)

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Acknowledgment of No Defenses. The Borrower and the Parent and Borrower each acknowledges that it has no defense to (a) the Borrower’s obligation to pay the Obligations when due, or (b) the validity, enforceability or binding effect against Borrower the Borrower, the Parent or any other Credit Loan Party of the Credit Agreement or any of the other Loan Documents (to the extent a party thereto) or any Liens intended to be created thereby.

Appears in 3 contracts

Samples: Credit Agreement (Noble Midstream Partners LP), Credit Agreement (Noble Midstream Partners LP), Credit Agreement

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Acknowledgment of No Defenses. Parent and Borrower each acknowledges that it has no defense to (a%3) Borrower’s obligation to pay the Obligations when due, or (b%3) the validity, enforceability or binding effect against Borrower or any other Credit Party of the Credit Agreement or any of the other Loan Documents (to the extent a party thereto) or any Liens intended to be created thereby.

Appears in 1 contract

Samples: Credit Agreement (Gran Tierra Energy Inc.)

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