No Defenses Asserted Sample Clauses

The "No Defenses Asserted" clause establishes that a party agrees not to raise certain legal defenses in response to claims or enforcement actions under the contract. In practice, this means that if a dispute arises, the party cannot rely on specific defenses—such as alleging the contract is invalid or unenforceable—to avoid their obligations. This clause is commonly used to provide certainty and streamline enforcement by preventing parties from contesting the validity or enforceability of the agreement, thereby reducing the risk of protracted legal disputes.
No Defenses Asserted. Except in the case of a New Construction Solar Asset (Non-Identified Customer), the related Solar Service Agreement, has not been satisfied, subordinated or rescinded and no lawsuit is pending with respect to such related Solar Service Agreement.
No Defenses Asserted. The related Customer Agreement has not been satisfied, subordinated or rescinded and no lawsuit is pending with respect to such Customer Agreement.
No Defenses Asserted. The Master Lease Agreement has been satisfied, subordinated or rescinded, and, to Borrower’s Knowledge, no lawsuit is pending by or against Borrower with respect to such agreement.
No Defenses Asserted. The related Customer Contract has not been satisfied, subordinated or rescinded. To the knowledge of the applicable Sponsor Entity: (a) there are no actions, lawsuits, litigation or other proceedings existing against or threatened in writing, against or affecting the Sponsor Entities before any governmental authority that materially and adversely affect the validity or enforceability of such Solar Loan; and (b) there are no actions, lawsuits, litigation or other proceedings existing or threatened in writing, against or affecting the Sponsor Entities, wherein the related Consumer Obligor or any governmental authority has alleged in writing that such Solar Loan is illegal or unenforceable or that the related Consumer Obligor has a right to exercise any right of rescission, cancellation, set off, counterclaim or defense.
No Defenses Asserted. The Sale Leaseback Agreement has been satisfied, subordinated or rescinded, and, to Borrower’s Knowledge, no lawsuit is pending by or against Borrower with respect to such agreement.

Related to No Defenses Asserted

  • No Defenses No right of rescission, setoff, counterclaim or defense has been asserted or threatened or exists with respect to any Receivable.

  • No Defense No invalidity, irregularity, voidableness, voidness or unenforceability of this Agreement or any Other Document or any other agreement or instrument relating thereto, or of all or any part of the Obligations or of any collateral security therefor shall affect, impair or be a defense hereunder.

  • Objections to Claims At the time of delivery of any Officer's -------------------- Certificate to the Escrow Agent, a duplicate copy of such certificate shall be delivered to the Shareholder Representative and for a period of thirty (30) days after such delivery, the Escrow Agent shall make no delivery to Parent of any Escrow Amounts pursuant to Section 7.2(d) hereof unless the Escrow Agent shall have received written authorization from the Shareholder Representative to make such delivery. After the expiration of such thirty (30) day period, the Escrow Agent shall make delivery of the Escrow Amount from the Escrow Fund in accordance with Section 7.2(d) hereof, provided that no such payment or delivery may be made if the Shareholder Representative shall object in a written statement to the claim made in the Officer's Certificate, and such statement shall have been delivered to the Escrow Agent prior to the expiration of such thirty (30) day period.

  • NO DEFENSES OF BORROWER Borrower hereby acknowledges and agrees that Borrower has no offsets, defenses, claims, or counterclaims against Bank with respect to the Obligations, or otherwise, and that if Borrower now has, or ever did have, any offsets, defenses, claims, or counterclaims against Bank, whether known or unknown, at law or in equity, all of them are hereby expressly WAIVED and Borrower hereby RELEASES Bank from any liability thereunder.

  • Investigations and Proceedings The parties to this Agreement agree to cooperate fully in any securities regulatory investigation or proceeding or any judicial proceeding with respect to each party’s activities under this Agreement and promptly to notify the other party of any such investigation or proceeding.