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 125 contracts

Sources: Purchase Agreement (Santander Drive Auto Receivables Trust 2026-1), Purchase Agreement (Santander Drive Auto Receivables Trust 2026-1), Purchase Agreement (Santander Drive Auto Receivables Trust 2025-4)

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 21 contracts

Sources: Purchase Agreement (Bridgecrest Lending Auto Securitization Trust 2026-1), Purchase Agreement (Bridgecrest Lending Auto Securitization Trust 2026-1), Purchase Agreement (Bridgecrest Lending Auto Securitization Trust 2025-4)

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 20 contracts

Sources: Receivables Purchase Agreement (Carvana Auto Receivables Trust 2026-P1), Receivables Purchase Agreement (Carvana Auto Receivables Trust 2026-P1), Receivables Purchase Agreement (Carvana Receivables Depositor LLC)

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

Sources: 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 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

Sources: 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

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

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 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 1 contract

Sources: Purchase Agreement (Bridgecrest Lending Auto Securitization Trust 2026-2)