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.
Appears in 2 contracts
Samples: Loan Modification Agreement (Lec Technologies Inc), Loan Modification Agreement (Lec Technologies Inc)
No Claims or Defenses. The Present Debt is due and payable to Bank, and Borrowers have no claimclaims, offsetoffsets, counterclaim counterclaims or defense defenses with respect to: (a) the payment of the Present Debt; (b) the payment of or 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.
Appears in 1 contract
No Claims or Defenses. The Present Debt is due and payable to Bank, and Borrowers have Borrower has no claimclaims, offsetoffsets, counterclaim counterclaims or defense defenses 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' Borrower's obligations under the Loan Documents; or (d) any liability under any of the Loan Documents.
Appears in 1 contract
Samples: Loan Modification and Extension Agreement (Mobility Electronics Inc)
