No Offsets, Defenses or Counterclaims. There is no valid offset, defense or counterclaim to such Purchased Loan.
No Offsets, Defenses or Counterclaims. There is no valid right of offset or rescission, defense or counterclaim to such Mortgage Loan or Mezzanine Loan.
No Offsets, Defenses or Counterclaims. To Seller's actual knowledge, there is no valid offset, defense or counterclaim to such Purchased Loan.
No Offsets, Defenses or Counterclaims. To Seller’s knowledge, there is no valid offset, defense or counterclaim to the Purchase Securities.
No Offsets, Defenses or Counterclaims. Subject to the exceptions set forth in paragraph 5 below, there is no valid offset, defense or counterclaim to such Purchased Loan.
No Offsets, Defenses or Counterclaims. There is no material valid offset, defense or counterclaim to such Loan and, except as otherwise disclosed in the Loan Files, or to Seller’s Knowledge, there are no actions, suits or proceedings by or before any governmental authority pending against Seller or any Obligor with respect to any Loan or other Asset.
No Offsets, Defenses or Counterclaims. There is no valid offset, defense or counterclaim to such Mezzanine Loan.
No Offsets, Defenses or Counterclaims. There is no valid offset, defense or counterclaim to such B Note.
No Offsets, Defenses or Counterclaims. To the best of Borrower's knowledge, there is no valid offset, defense or counterclaim to such Mortgage Loan.
No Offsets, Defenses or Counterclaims. There is no valid offset, defense or counterclaim to the related Mortgage Loan and such Mortgage Loan is not subject to any right of rescission, set-off, counterclaim or defense, including without limitation the defense of usury, nor will the operation of any of the terms of the Mortgage Note or the Mortgage, or the exercise of any right thereunder, render either the Mortgage Note or the Mortgage unenforceable, in whole or in part, or subject to any right of rescission, set-off, counterclaim or defense, including without limitation the defense of usury, and no such right of rescission, set-off, counterclaim or defense has been asserted with respect thereto.
