Common use of Challenge to Enforcement Clause in Contracts

Challenge to Enforcement. Borrower and Guarantors acknowledge and agree that they do not have any defense, set-off, counterclaim or challenge against the payment of any sums owing under the Loan Documents, or the enforcement of any of the terms or conditions thereof.

Appears in 13 contracts

Samples: Loan and Security Agreement (Todays Man Inc), Loan and Security Agreement (Todays Man Inc), Loan and Security Agreement (Todays Man Inc)

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Challenge to Enforcement. Borrower Borrowers and Guarantors acknowledge and agree that they do not have any defense, set-off, counterclaim or challenge against the payment of any sums owing under the Loan Documents, or the enforcement of any of the terms or conditions thereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Drugmax Inc), Loan and Security Agreement (Drugmax Inc)

Challenge to Enforcement. Borrower and Guarantors Guarantor acknowledge and agree that they do not currently have any no defense, set-off, counterclaim or challenge against the payment of any sums owing under the Loan DocumentsDocuments (including, without limitation, the Loan Agreement and the Note), or the enforcement of any of the terms or conditions thereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (NNN 2003 Value Fund LLC), Loan and Security Agreement (NNN 2003 Value Fund LLC)

Challenge to Enforcement. Borrower and Guarantors New Guarantor acknowledge and agree that they do not currently have any no defense, set-off, counterclaim or challenge against the payment of any sums owing under the Loan DocumentsDocuments (including, without limitation, the Loan Agreement and the Notes), or the enforcement of any of the terms or conditions thereof.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Independence Realty Trust, Inc)

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Challenge to Enforcement. Borrower and Guarantors New Guarantor acknowledge and agree that they do not currently have any no defense, set-off, counterclaim or challenge against the payment of any sums owing under the Loan DocumentsDocuments (including, without limitation, the Loan Agreement and the Note), or the enforcement of any of the terms or conditions thereof.

Appears in 1 contract

Samples: Loan and Security Agreement And (Independence Realty Trust, Inc)

Challenge to Enforcement. Borrower Borrowers and Guarantors acknowledge and ------------------------ agree that they do not have any defense, set-off, counterclaim or challenge against the payment of any sums owing under the Loan Documents, or the enforcement of any of the terms or conditions thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Drugmax Com Inc)

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