No Defenses. No Receivable is subject to any right of rescission, setoff, counterclaim or defense and no such right has been asserted or threatened with respect to any Receivable.
Appears in 166 contracts
Samples: Purchase Agreement, Receivables Purchase Agreement (California Republic Funding LLC), Receivables Purchase Agreement (California Republic Auto Receivables Trust 2018-1)
No Defenses. No Receivable is subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of any Receivable, or the exercise of any right thereunder, will not render such Receivable unenforceable in whole or in part and no such right has been asserted or threatened with respect to any Receivable.
Appears in 145 contracts
Samples: Sale and Servicing Agreement (GM Financial Consumer Automobile Receivables Trust 2024-4), Purchase Agreement (GM Financial Consumer Automobile Receivables Trust 2024-4), Purchase Agreement (GM Financial Consumer Automobile Receivables Trust 2024-3)
No Defenses. No Receivable is subject to any right of rescission, ----------- setoff, counterclaim or defense and no such right has been asserted or threatened with respect to any Receivable.
Appears in 20 contracts
Samples: Purchase Agreement (Americredit Financial Services Inc), Sale and Servicing Agreement (Americredit Financial Services Inc), Sale and Servicing Agreement (Americredit Financial Services Inc)
No Defenses. No Receivable is subject to any right of rescission, setoff, counterclaim or defense defense, and no such right has been asserted or threatened with respect to any Receivable.
Appears in 9 contracts
Samples: Receivables Purchase Agreement (First Merchants Acceptance Corp), Receivables Purchase Agreement (First Merchants Acceptance Corp), Receivables Purchase Agreement (First Merchants Acceptance Corp)
No Defenses. No Receivable is subject to any right of rescission, setoff, counterclaim or defense and no such right has been asserted or threatened with respect to any Receivable.. Representation:
Appears in 4 contracts
Samples: Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2017-1), Asset Representations Review Agreement (California Republic Auto Receivables Trust 2016-1)
No Defenses. No Receivable is subject to any right of rescission, setoff, counterclaim or defense and no such right has been asserted or or, to the best of Seller's knowledge, threatened with respect to any Receivable.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Triad Financial Corp), Receivables Purchase Agreement (Asset Backed Securities Corp)
No Defenses. No Receivable is subject to any right of ----------- rescission, setoff, counterclaim or defense and no such right has been asserted or threatened with respect to any Receivable.
Appears in 1 contract
Samples: Purchase Agreement (Americredit Financial Services Inc)
No Defenses. No Receivable is subject to any right of ----------- rescission, setoff, counterclaim or defense defense, and no such right has been asserted or threatened with respect to any Receivable.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Morgan Stanley Abs Capital Ii Inc)
No Defenses. No Receivable is subject to any right of rescission, setoffset-off, counterclaim or defense defense, including defenses arising out of violations of usury laws, the Truth in Lending Act or any other Applicable Law and no such right or defense has been asserted or threatened with respect to any the unpaid principal or interest due under such Receivable.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Morgan Stanley Auto Loan Trust 2003-Hb1)