Common use of No Defenses Clause in Contracts

No Defenses. No Contract 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 such Contract or the exercise of any right thereunder will not render the Contract unenforceable in whole or in part or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.

Appears in 85 contracts

Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2015-2), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2015-2), Sale and Servicing Agreement (Harley-Davidson Customer Funding Corp.)

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No Defenses. No The Contract is not subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of such the Contract or the exercise of any right thereunder will not render the Contract unenforceable in whole or in part or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.

Appears in 57 contracts

Samples: Mortgage Sale, Contribution and Servicing Agreement (Palm Harbor Homes Inc /Fl/), Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)

No Defenses. No The Contract is not subject to any right of rescission, ----------- setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of such the Contract or the exercise of any right thereunder will not render the Contract unenforceable in whole or in part or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.

Appears in 17 contracts

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp), Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Greenpoint Credit LLC)

No Defenses. No The Contract is not subject to any right of ----------- rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of such the Contract or the exercise of any right thereunder will not render the Contract unenforceable in whole or in part or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.

Appears in 14 contracts

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp), Contract Sale and Servicing Agreement (Greenpoint Credit LLC), Pooling and Servicing Agreement (Greenpoint Credit LLC)

No Defenses. No The Contract and any related Mortgage is not subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of such the Contract or the exercise of any right thereunder will not render the Contract unenforceable in whole or in part or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.

Appears in 12 contracts

Samples: Pooling and Servicing Agreement (Senior Subordinate Pass Through Cert Series 2003-A), Pooling and Servicing Agreement (Vanderbilt Mortgage & Finance Inc), Pooling and Servicing Agreement (Vanderbilt Mortgage & Finance Inc)

No Defenses. No Contract 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 such Contract or the exercise of any right thereunder will not render the Contract unenforceable in whole or in part or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted or threatened with respect thereto.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Dealer Auto Receivables Corp), Sale and Servicing Agreement (Dealer Auto Receivables Corp), Sale and Servicing Agreement (Dealer Auto Receivables Corp)

No Defenses. No Contract 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 such Contract any Contract, or the exercise of any right thereunder thereunder, will not render the such Contract unenforceable in whole or in part or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no the Seller has not received written notice of the assertion of any such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.

Appears in 4 contracts

Samples: Contribution Agreement (First Investors Financial Services Group Inc), Contribution Agreement (First Investors Financial Services Group Inc), Sale and Allocation Agreement (First Investors Financial Services Group Inc)

No Defenses. No The Contract is not subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of such Contract the Contract, or the exercise of any right thereunder thereunder, will not render the Contract unenforceable in whole whole, or in part as to the obligation of the related Obligor to pay the balance of the Contract, or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.

Appears in 3 contracts

Samples: Purchase Agreement, Purchase Agreement, Purchase Agreement

No Defenses. No Contract 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 such Contract any Contract, or the exercise of any right thereunder thereunder, will not render the such Contract unenforceable in whole or in part or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no the Depositor has not received written notice of the assertion of any such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.

Appears in 3 contracts

Samples: Sale and Allocation Agreement (First Investors Financial Services Group Inc), Sale and Allocation Agreement (First Investors Financial Services Group Inc), Sale and Allocation Agreement (First Investors Financial Services Group Inc)

No Defenses. No The Contract and any related Mortgage is not subject ----------- to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of such the Contract or the exercise of any right thereunder will not render the Contract unenforceable in whole or in part or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Vanderbilt Mort & Fin Inc Man Ho Co Se Su Pa Th Ce Se 1998a), Pooling and Servicing Agreement (Vanderbilt Mort & Fin Inc Pass Throu Cert Ser 1998b)

No Defenses. No Such Contract is not subject to any right of ------------ rescission, setoff, counterclaim or defense, including the defense of usury, and the operation operations of any of the terms of such Contract or the exercise of any right thereunder will not render the such Contract unenforceable in whole or in part a manner materially affecting the value or collectibility of the Contract or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Fairfield Communities Inc), Receivables Purchase Agreement (Fairfield Communities Inc)

No Defenses. No The Contract is not subject to any right of rescission, setoffset-off, counterclaim or defense, including including, without limitation, the defense of usury, and nor will the operation of any of the terms of such Contract the Contract, or the exercise of any right thereunder will not thereunder, render the Contract unenforceable unenforceable, in whole or in part part, or subject to any right of rescission, setoffset-off, counterclaim or defense, including the defense of usury, and no such right of rescission, setoffset-off, counterclaim or defense has been asserted with respect thereto.;

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp), Pooling and Servicing Agreement (Credit Suisse First Boston Abs Trust 2002-Mh3)

No Defenses. No The Contract and any related Mortgage is not subject to ----------- any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of such the Contract or the exercise of any right thereunder will not render the Contract unenforceable in whole or in part or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Vanderbilt Mort & Fin Inc Sen Sub Pass THR Cert Ser 2000-D)

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No Defenses. No Such Contract is not subject to any right of ------------ rescission, setoff, counterclaim or defense, including the defense of usury, and the operation operations of any of the terms of such Contract or the exercise of any right thereunder will not render the such Contract unenforceable in whole or in part a manner materially affecting the value or collectibility of such Contract, or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.

Appears in 1 contract

Samples: Credit Agreement (Fairfield Communities Inc)

No Defenses. No Such Contract is not subject to any right of ------------ rescission, setoff, counterclaim or defense, including including, without limitation, the defense of usury, and the operation operations of any of the terms of such Contract or the exercise of any right thereunder will not render the such Contract unenforceable in whole or in part a manner materially affecting the value or collectibility of such Contract, or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.

Appears in 1 contract

Samples: Pledge and Servicing Agreement (Fairfield Communities Inc)

No Defenses. No Such Contract is not subject to ----------- any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation operations of any of the terms of such Contract or the exercise of any right thereunder will not render the such Contract unenforceable in whole or in part a manner materially affecting the value or subject to any right collectibility of rescissionsuch Contract, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim o or defense has been asserted with respect thereto.

Appears in 1 contract

Samples: Credit Agreement (Fairfield Communities Inc)

No Defenses. No The Contract is not subject to (and the assignment thereof to Buyer pursuant to this Agreement will not subject the Contract to) any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation of any of the terms of such the Contract or the exercise of any right thereunder will not render the Contract unenforceable in whole or in part or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Fleetwood Enterprises Inc/De/)

No Defenses. No Such Contract is not subject to any right of rescission, ----------- setoff, counterclaim or defense, including including, without limitation, the defense of usury, and the operation operations of any of the terms of such Contract or the exercise of any right thereunder will not render the such Contract unenforceable in whole or in part a manner materially affecting the value or collectibility of the Contract or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Fairfield Communities Inc)

No Defenses. No Such Contract is not subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and the operation operations of any of the terms of such Contract or the exercise of any right thereunder will not render the such Contract unenforceable in whole or in part a manner materially affecting the value or collectibility of the Contract or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Fairfield Communities Inc)

No Defenses. No Such Contract is not subject to any right of rescission, ----------- setoff, counterclaim or defense, including the defense of usury, and the operation operations of any of the terms of such Contract or the exercise of any right thereunder will not render the such Contract unenforceable in whole or in part a manner materially affecting the value or collectibility of such Contract, or subject to any right of rescission, setoff, counterclaim or defense, including the defense of usury, and no such right of rescission, setoff, counterclaim or defense has been asserted with respect thereto.

Appears in 1 contract

Samples: Credit Agreement (Fairfield Communities Inc)

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