Common use of No Defenses or Setoffs Clause in Contracts

No Defenses or Setoffs. There are no defenses, credits, or setoffs to the payment of the Debt evidenced by the Notes or the other Loan Documents or the enforceability of the Notes or the other Loan Documents against either Obligor, nor are there any claims, actions or causes of action which could be asserted against the Bank relating to the transactions evidenced by the Notes, the Loan Agreement, this Amendment, the other Loan Documents or the transactions relating thereto. The obligations described herein, in the Notes and in the other loan Documents are absolute and non-contingent.

No Defenses or Setoffs. There are no defenses, credits, or setoffs to ---------------------- the payment of the Debt indebtedness evidenced by the Notes or the other Loan Documents or the enforceability of the Notes or the other Loan Agreement or any of the Loan Documents against either ObligorBorrowers or Subsidiaries, nor are there any claims, actions or causes of action which could be asserted against the Bank relating to the transactions evidenced by the Notes, the Loan Agreement, this Amendment, the other Loan Documents Amendment or the transactions relating thereto. The obligations described herein, herein and in the Notes and in the other loan Documents are absolute and non-contingent.

No Defenses or Setoffs. There are no defenses, credits, or setoffs to the payment of the Debt evidenced by the Notes or the other Loan Documents or the enforceability of the Notes or the other Loan Documents against either Obligor, nor are there any claims, actions or causes of action which could be asserted against the Bank relating to the transactions evidenced by the Notes, the Loan Agreement, this Amendment, the other Loan Documents or the transactions relating thereto. The obligations described herein, in the Notes and in the other loan Loan Documents are absolute and non-contingent.

No Defenses or Setoffs. There are no defenses, credits, or setoffs to the payment of the Debt evidenced by the Notes or the other Loan Documents or the enforceability of the Notes or the other Loan Documents against either Obligor, nor are there any claims, actions or causes of action which could be asserted against the Bank relating to the transactions evidenced by the Notes, the Loan Agreement, this Amendment, the other Loan Documents or the transactions relating thereto. thereto The obligations described herein, in the Notes and in the other loan Loan Documents are absolute and non-contingent.

No Defenses or Setoffs. There are no defenses, credits, or setoffs to ---------------------- the payment of the Debt indebtedness evidenced by the Notes or the other Loan Documents or the enforceability of the Notes or the other Loan Agreement or any of the Loan Documents against either ObligorBorrowers or Equity, nor are there any claims, actions or causes of action which could be asserted against the Bank relating to the transactions evidenced by the Notes, the Loan Agreement, this Amendment, the other Loan Documents Amendment or the transactions relating thereto. The obligations described herein, herein and in the Notes and in the other loan Documents are absolute and non-contingent.