Common use of NO DEFENSES TO PAYMENT Clause in Contracts

NO DEFENSES TO PAYMENT. Borrower has no defenses to the repayment of the Obligations and has no claims or rights of set-off against Lender in connection with the Obligations.

Appears in 2 contracts

Samples: Loan and Security Agreement (S2 Golf Inc), Loan and Security Agreement (Womens Golf Unlimited Inc)

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NO DEFENSES TO PAYMENT. Borrower has no defenses to the repayment of the Obligations and has have no claims or rights of set-off against Lender in connection with the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (S2 Golf Inc)

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NO DEFENSES TO PAYMENT. Borrower has no defenses to the repayment of ---------------------- the Obligations and has no claims or rights of set-off against Lender in connection with the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (S2 Golf Inc)

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