Common use of Challenge to Enforcement Clause in Contracts

Challenge to Enforcement. Borrower acknowledges and agrees that it does not have any defense, set-off, counterclaim or challenge against the payment of any sums owing under the Documents, or the enforcement of any of the terms or conditions thereof.

Appears in 2 contracts

Samples: Forbearance Agreement (Access to Money, Inc.), Forbearance Agreement (Access to Money, Inc.)

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Challenge to Enforcement. Borrower acknowledges Borrowers acknowledge and agrees agree that it does they do not have any defense, set-off, counterclaim or challenge against the payment of any sums owing under the DocumentsLoan Documents and Other Agreements, or the enforcement of any of the terms or conditions thereof.

Appears in 2 contracts

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

Challenge to Enforcement. Borrower acknowledges Borrowers acknowledge and agrees agree that it does 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 (Zanett Inc), Loan and Security Agreement (Berger Holdings LTD)

Challenge to Enforcement. Each Borrower acknowledges and agrees that it such Borrower does not have any defense, set-off, counterclaim or challenge against the payment of any sums owing under the DocumentsCredit Agreement, any other Loan Document, of the Initial Forbearance Agreement, or the enforcement of any of the terms or conditions thereof, hereof or under any other Forbearance Document.

Appears in 1 contract

Samples: Forbearance Agreement (Imagemax Inc)

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Challenge to Enforcement. Borrower acknowledges Borrowers acknowledge and agrees agree that it they does 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 (Zanett Inc)

Challenge to Enforcement. Each Borrower acknowledges and agrees that it such Borrower does not have any defense, set-off, counterclaim or challenge against the payment of any sums owing under the DocumentsCredit Agreement or any other Loan Document, or the enforcement of any of the terms or conditions thereof, hereof or under any other Forbearance Document.

Appears in 1 contract

Samples: Forbearance Agreement (Imagemax Inc)

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