Common use of Acknowledgment of No Defenses Clause in Contracts

Acknowledgment of No Defenses. As of the Third Amendment Effective Date, to the knowledge of the Borrower, Borrower 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 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 2 contracts

Samples: Credit Agreement (Sunoco LP), Credit Agreement

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Acknowledgment of No Defenses. As of the Third First Amendment Effective Date, to the knowledge of the Borrower, Borrower has no defense to (a) Borrower’s obligation to pay the Obligations when due, or (b) the validity, enforceability or binding effect against Borrower Borrower, Holdings or any 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 2 contracts

Samples: Credit Agreement and Increase Agreement, Credit Agreement and Increase Agreement (Sunoco LP)

Acknowledgment of No Defenses. As of the Third Fourth Amendment Effective Date, to the knowledge of the Borrower, Borrower 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 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 1 contract

Samples: Credit Agreement (Sunoco LP)

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Acknowledgment of No Defenses. As of the Third Second Amendment Effective Date, to the knowledge of the Borrower, Borrower 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 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 1 contract

Samples: Credit Agreement (Sunoco LP)

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