Challenge to Enforcement. Obligors 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 4 contracts
Samples: Loan and Security Agreement (Uti Energy Corp), Loan and Security Agreement (Uti Energy Corp), Loan and Security Agreement (Uti Energy Corp)
Challenge to Enforcement. Obligors acknowledge and agree that they do not none of them have any defense, set-off, counterclaim or challenge against with respect to the payment of any sums owing under the Loan Documents, or the enforcement of any of the terms or conditions thereof, or to the validity or priority of any liens or encumbrances granted or established therein.
Appears in 1 contract
