Common use of No Defenses or Setoffs Clause in Contracts

No Defenses or Setoffs. The undersigned hereby (i) represents that neither the undersigned nor any principal of the undersigned has any defenses to or setoffs against any indebtedness or other obligations owing in connection with the Loan by Borrower, or by the undersigned's principals, to Lender or Xxxxxx's affiliates (the "Owed Obligations), nor any claims against Lender or Xxxxxx's affiliates for any matter whatsoever, related or unrelated to the Owed

No Defenses or Setoffs. The undersigned hereby (i) represents that neither the undersigned nor any principal of the undersigned has any defenses to or setoffs against any indebtedness or other obligations owing in connection with the Loan by BorrowerXxxxxxxx, or by the undersigned's principals, to Lender or Xxxxxx's affiliates (the "Owed Obligations), nor any claims against Lender or Xxxxxx's affiliates for any matter whatsoever, related or unrelated to the Owed's