Common use of No Default or Event of Default exists Clause in Contracts

No Default or Event of Default exists. The Borrower has no offset or defense with respect to any of its obligations under the Credit Agreement or any of the Notes or any other Facility Document, and no claim or counterclaim against any Lender, the Swingline Bank, the Issuing Bank, the Agent or the Co-Agent whatsoever (any such offset, defense, claim or counterclaim as may now exist being hereby irrevocably waived by the Borrower).

Appears in 6 contracts

Samples: Credit Agreement (Movado Group Inc), Credit Agreement (Movado Group Inc), Credit Agreement (Movado Group Inc)

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No Default or Event of Default exists. The No Borrower has no any offset or defense with respect to any of its obligations under the Existing Credit Agreement or any of the Notes or any other Facility Document, and no Borrower has any claim or counterclaim against any Lender, the Swingline Bank, the Issuing Bank, the Agent issuing Bank or the Co-Administrative Agent whatsoever (any such offset, defense, claim or counterclaim as may now exist being hereby irrevocably waived by the BorrowerBorrowers).

Appears in 1 contract

Samples: Credit Agreement (Movado Group Inc)

No Default or Event of Default exists. The Borrower has no offset or defense with respect to any of its obligations under the Credit Agreement or any of the Notes or any other Facility Document, and no claim or counterclaim against any Lender, the Swingline Bank, the Issuing Bank, the Agent or the Co-Agent whatsoever (any such offset, offset defense, claim or counterclaim as may now exist being hereby irrevocably waived by the Borrower).

Appears in 1 contract

Samples: Credit Agreement (Movado Group Inc)

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No Default or Event of Default exists. The No Borrower has no any offset or defense with respect to any of its obligations under the Existing Credit Agreement or any of the Notes or any other Facility Document, and no Borrower has any claim or counterclaim against any Lender, the Swingline Bank, the Issuing Bank, the Agent Bank or the Co-Administrative Agent whatsoever (any such offset, defense, claim or counterclaim as may now exist being hereby irrevocably waived by the BorrowerBorrowers).

Appears in 1 contract

Samples: Credit Agreement (Movado Group Inc)

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