Common use of No Defenses Clause in Contracts

No Defenses. No right of rescission, setoff, counterclaim, or defense shall have been asserted or threatened with respect to any Receivable.

Appears in 97 contracts

Samples: Sale and Servicing Agreement (Mmca Auto Receivables Inc), Sale and Servicing Agreement (Mmca Auto Receivables Trust), Purchase Agreement (Mmca Auto Receivables Trust)

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

Appears in 78 contracts

Samples: Master Purchase and Sale Agreement (Carvana Co.), Master Transfer Agreement (Carvana Co.), Master Transfer Agreement (Carvana Co.)

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

Appears in 73 contracts

Samples: Purchase Agreement (John Deere Receivables LLC), Purchase Agreement, Purchase Agreement (John Deere Receivables, Inc.)

No Defenses. No right of rescission, setoff, counterclaim, counterclaim or defense shall have has been asserted or threatened as indicated in the Receivable File with respect to any such Receivable.

Appears in 51 contracts

Samples: Pooling Agreement (Ally Auto Receivables Trust 2024-1), Pooling Agreement (Ally Auto Receivables Trust 2024-1), Pooling Agreement (Ally Auto Receivables Trust 2023-1)

No Defenses. No right of rescission, setoff, counterclaim, counterclaim or defense shall have has been asserted or threatened with respect to any Standard Receivable or Fixed Value Receivable.

Appears in 37 contracts

Samples: Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2008-B), Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2008-A), Sale and Servicing Agreement (DaimlerChrysler Auto Trust 2007-A)

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

Appears in 20 contracts

Samples: Receivables Sale Agreement (GE TF Trust), Receivables Sale Agreement (GE TF Trust), Receivables Sale Agreement (GE TF Trust)

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

Appears in 16 contracts

Samples: Purchase Agreement (Navistar Financial Corp), Purchase Agreement (Navistar Financial Corp), Purchase Agreement (Navistar Financial Corp)

No Defenses. No right of rescission, setoff, counterclaim, counterclaim or defense shall have has been asserted or threatened with respect to any ReceivableLease.

Appears in 13 contracts

Samples: Allocation Agreement (Ally Auto Assets LLC), Sale and Contribution Agreement (Ally Auto Assets LLC), Sale and Contribution Agreement (Ally Auto Assets LLC)

No Defenses. No right of rescission, setoff, counterclaim, counterclaim or defense shall have has been asserted or threatened with respect to any ReceivableSecured Note.

Appears in 13 contracts

Samples: Pooling Agreement (Ally Auto Assets LLC), Pooling Agreement (Ally Auto Assets LLC), Pooling Agreement (Ally Auto Assets LLC)

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

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2006-1), Purchase Agreement (Navistar Financial Retail Receivables Corporation), Pooling and Servicing Agreement (Capital Auto Receivables Inc)

No Defenses. No right of rescission, setoff, counterclaim, or defense shall have been asserted or threatened with respect to any Receivable.. (x)

Appears in 6 contracts

Samples: Purchase Agreement (Mmca Auto Receivables Inc), Purchase Agreement (Mmca Auto Receivables Inc), Sale and Servicing Agreement (Mmca Auto Receivables Inc)

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

Appears in 6 contracts

Samples: Case Purchase Agreement (CNH Capital Receivables Inc), Case Purchase Agreement (CNH Capital Receivables Inc), Case Purchase Agreement (CNH Capital Receivables Inc)

No Defenses. No right of rescission, setoff, counterclaim, counterclaim or defense shall have has been asserted or threatened with respect to any Designated Receivable.;

Appears in 5 contracts

Samples: Receivables Sale Agreement (Navistar Financial Retail Receivables Corp), Receivables Sale Agreement (Navistar Financial Corp), Purchase Agreement (Navistar Financial Retail Receivables Corporation)

No Defenses. No right of rescission, setoff, counterclaim, counterclaim or defense shall have ----------- has been asserted or threatened with respect to any Designated Receivable.;

Appears in 5 contracts

Samples: Purchase Agreement (Navistar Financial Retail Receivables Corporation), Purchase Agreement (Navistar Financial Retail Receivables Corporation), Purchase Agreement (Navistar Financial Retail Receivables Corporation)

No Defenses. No right of rescission, setoff, counterclaim, counterclaim or defense shall have has been asserted or threatened or exists with respect to any [Loan] [Receivable].

Appears in 4 contracts

Samples: Receivables Purchase and Sale Agreement (GECB Equipment Funding, LLC), Receivables Purchase and Sale Agreement (Cef Equipment Holding LLC), Receivables Sale Agreement (GECB Equipment Funding, LLC)

No Defenses. No right of rescission, setoff, counterclaim, counterclaim or any other defense shall have (including defenses arising out of violations of usury laws) has been asserted or threatened with respect to any such Receivable.

Appears in 4 contracts

Samples: Bulk Receivables Purchase and Sale Agreement (Nicholas Financial Inc), Bulk Receivables Purchase and Sale Agreement (Nicholas Financial Inc), Bulk Receivables Purchase and Sale Agreement (Nicholas Financial Inc)

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

Appears in 2 contracts

Samples: Master Trust Agreement (Aegis Consumer Funding Group Inc), Master Trust Agreement (Aegis Consumer Funding Group Inc)

No Defenses. No right of rescission, setoffcancellation, claim, set off, counterclaim, or defense shall have been asserted or threatened with respect to any Receivable, nor does any Obligor have any right or rescission or cancellation, claim, defense, set off or counterclaim of any kind with respect to any Receivable.

Appears in 2 contracts

Samples: Servicing Agreement (First Investors Financial Services Group Inc), Servicing Agreement (First Investors Financial Services Group Inc)

No Defenses. No right of rescission, setoff, counterclaim, counterclaim or ----------- defense shall have has been asserted or threatened with respect to any Designated Receivable.;

Appears in 2 contracts

Samples: Purchase Agreement (Navistar Financial Retail Receivables Corporation), Receivables Sale Agreement (Navistar Financial Retail Receivables Corporation)

No Defenses. No right of rescission, recoupment, setoff, counterclaim, counterclaim or defense shall have has been asserted or threatened with respect to any the Receivable.

Appears in 1 contract

Samples: Transfer and Assignment Agreement (Western Fidelity Funding Inc)

No Defenses. No right of rescission, setoffset off, counterclaim, or defense shall have been asserted or threatened threat- ened with respect to any Receivable.

Appears in 1 contract

Samples: Servicing Agreement (First Investors Financial Services Group Inc)

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

Appears in 1 contract

Samples: Sale and Servicing Agreement (Prudential Securities Secured Financing Corp)

No Defenses. No right of rescission, setoffrescission set-off, counterclaim, or defense shall have has been asserted or threatened with respect to any Receivable.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Bear Stearns Asset Backed Fund Inc Whole Auto Loan Tr 2002-1)

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

Appears in 1 contract

Samples: Sale and Servicing Agreement (Prudential Securities Secured Financing Corp)

No Defenses. No right of rescission, setoff, counterclaim, counterclaim or defense shall have been asserted or threatened with respect to any Receivable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (FCC Receivables Corp)

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