Common use of No Defense Clause in Contracts

No Defense. The Borrower acknowledges that no Loan Party has any defense to (a) Borrower’s obligations to pay the Secured Obligations when due or (b) the validity, enforceability or binding effect against any Loan Party of the Credit Agreement or any of the other Loan Document to which it is a party or any Liens intended to be created thereby.

No Defense. The Each of Borrower and such Loan Party acknowledges that it has no Loan Party has any defense defenses to (a) Borrower’s its obligations to pay the Secured Obligations when due due, as applicable, or (b) the validity, enforceability or binding effect against any Borrower and such Loan Party Party, as applicable, of the Credit Agreement or any of the other Loan Document to which it is a party Documents or any Liens intended to be created thereby.

No Defense. (a) The Borrower acknowledges that the Borrower has no Loan Party has any defense to (a) the Borrower’s obligations obligation to pay the Secured Obligations when due or due, and (b) each Credit Party acknowledges that such Credit Party has no defense to the validity, enforceability or binding effect against such Credit Party of any Loan Party of the Credit Agreement or any of the other Loan Document Documents to which it is a party or any Liens intended to be created thereby.

No Defense. (a) The Borrower acknowledges that the Borrower has no Loan Party has any defense to (a) Borrower’s obligations obligation to pay the Secured Obligations when due or due, and (b) each Credit Party acknowledges that such Credit Party has no defense to the validity, enforceability or binding effect against such Credit Party of any Loan Party of the Credit Agreement or any of the other Loan Document Documents to which it is a party or any Liens intended to be created thereby.