No Claims or Defenses. As of the date hereof, neither Borrower nor its managing member has any claims against Lender nor defenses to the enforcement of any of the Loan Documents in accordance with their respective terms, as amended by this Agreement.
No Claims or Defenses. Borrower confirms and acknowledges that it has no claims, offsets, counterclaims or defenses with respect to (i) the payment of the Loan; (ii) the payment of any other sums due under the Loan Documents; (iii) the performance of any of Borrower’s obligations under the Loan Documents; or (iv) any liability under any of the Loan Documents.
No Claims or Defenses. Each of the Company and Haggar, by the execution of this Agreement, hereby declares that it has no offsets, claims, counterclaims, defenses or other causes of action against the Agent or the Banks related to any Loan, the Credit Agreement, any of the other Loan Documents or the modification of the Credit Agreement pursuant to this Agreement.
No Claims or Defenses. Each Borrower Party has no claims, offsets, counterclaims, or defenses (other than payment) with respect to: i) the payment of the Loan; ii) the payment of any other sums due under the Loan Documents; iii) the performance of each Borrower Party’s obligations under the Loan Documents; or iv) any liability of any Borrower Party under any of the Loan Documents.
No Claims or Defenses. The Present Debt is due and payable to Bank, and Borrowers have no claim, offset, counterclaim or defense with respect to: (a) the payment of the Present Debt; (b) the payment of any other sums due under the Loan Documents; (c) the performance of Borrowers' obligations under the Loan Documents; or (d) any liability under any of the Loan Documents.
No Claims or Defenses. The Borrower acknowledges and agrees that its obligations under the Loan Documents are its valid obligations and, as of the date hereof, there are no claims, setoffs or defenses to the payment or performance by the Borrower of such obligations, and that the Bank and the Agent may enforce the payment and performance of such obligations as set forth in the Loan Documents.
No Claims or Defenses. Borrower represents and warrants that Borrower has no counterclaims, set‑offs or cross‑claims or other claims, defenses (legal or equitable), and/or any other rights or remedies whatsoever (or any basis therefore) against Lender which would, in the absence of this Modification Agreement, in any way alter, reduce or extinguish its liabilities to Lender under and pursuant to the Loan Documents or the Indemnity Agreement (collectively, “Claims”).
No Claims or Defenses. The Guarantor acknowledges and agrees that its obligations under the Guaranty are its valid obligations and, as of the date hereof, there are no claims, setoffs or defenses to the payment or performance by the Guarantor of such obligations, and that the Bank may enforce the payment and performance of such obligations as set forth in the Guaranty.
No Claims or Defenses. As a material inducement to Silicon to enter into this Modification Agreement and to perform the obligations of Silicon hereunder, Borrower acknowledges and represents that Borrower has no defense or right of offset with respect to any of the Obligations and has no claims against Silicon, its officers, directors, employees, subsidiaries, affiliates, agents or representatives, which arises, directly or indirectly, out of any action or omission by any of the foregoing persons with respect to the origination, servicing, administration or enforcement of the Loan Agreement or out of Silicon's performance or failure to perform any duty or obligation thereunder.
No Claims or Defenses. The Company has no claims, offsets, counterclaims, or defenses, or alternatively, any such right of defense offset or counterclaim is hereby expressly waived, with respect to the payment and performance of the Company’s obligations pursuant to the Existing Lender Interests or under the Amended Note.
