Common use of No Defenses Clause in Contracts

No Defenses. The records of the Servicer do not reflect any material facts which have not been remediated or cured which would constitute the basis for any right of rescission, offset, claim, counterclaim or defense with respect to such Receivable or the same being asserted or threatened with respect to such Receivable.

Appears in 101 contracts

Samples: Purchase Agreement (Santander Drive Auto Receivables Trust 2024-5), Purchase Agreement (Drive Auto Receivables Trust 2024-2), Purchase Agreement (Drive Auto Receivables Trust 2024-2)

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No Defenses. The records of the Servicer do not reflect any material facts which have not been remediated or cured which would constitute the basis for give rise to any right of rescission, offset, claim, counterclaim or defense with respect to such Receivable or the same being asserted or threatened with respect to such Receivable.

Appears in 44 contracts

Samples: Purchase Agreement (Drive Auto Receivables Trust 2018-5), Purchase Agreement (Drive Auto Receivables Trust 2018-5), Purchase Agreement (Santander Drive Auto Receivables Trust 2018-5)

No Defenses. The records of the Servicer do not reflect any material facts which have not been remediated or cured which would constitute the a basis for any right of rescissionrecession, offset, claim, counterclaim or defense with respect to such Receivable or the same being asserted or threatened with respect to such Receivable.

Appears in 11 contracts

Samples: Purchase Agreement (Bridgecrest Lending Auto Securitization Trust 2024-4), Purchase Agreement (Bridgecrest Lending Auto Securitization Trust 2024-4), Purchase Agreement (Bridgecrest Lending Auto Securitization Trust 2024-3)

No Defenses. The records of the Servicer do not reflect any material facts which have not been remediated or cured which would constitute the basis for give rise to any right of rescission, offset, claim, counterclaim or defense with respect to such Receivable or the same being asserted or threatened with respect to such Receivable.. Receivable File

Appears in 9 contracts

Samples: Asset Representations Review Agreement (Drive Auto Receivables Trust 2018-4), Asset Representations Review Agreement (Drive Auto Receivables Trust 2018-4), Asset Representations Review Agreement (Santander Drive Auto Receivables LLC)

No Defenses. The records of the Servicer do not reflect any material facts fact which have not been remediated or cured which would constitute the a basis for any right of rescissionrecession, offset, claim, counterclaim or defense with respect to such Receivable or the same being asserted or threatened with respect to such Receivable.

Appears in 7 contracts

Samples: Receivables Purchase Agreement (Carvana Auto Receivables Trust 2024-P4), Receivables Purchase Agreement (Carvana Auto Receivables Trust 2024-P4), Receivables Purchase Agreement (Carvana Auto Receivables Trust 2024-P3)

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No Defenses. The records of the Servicer Servicing Records do not reflect that the Servicer had determined that there are any material facts (which have not been remediated or cured cured) which would constitute the basis for any right of rescission, offset, claim, counterclaim or defense with respect to such Receivable or the same being asserted or threatened with respect to such Receivable.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement

No Defenses. The records of the Servicer do not reflect any material facts which have not been remediated or cured which would constitute the basis for give rise to any right of rescission, offset, claim, counterclaim or defense with respect to such Receivable or the same being asserted or threatened with respect to such Receivable.. Data Tape

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Huntington Auto Trust 2016-1), Asset Representations Review Agreement (Huntington Auto Trust 2016-1)

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