No Termination or Defence. the Contract under which an Offered Receivable arises is not and will not be subject to any right of rescission, set-off, counterclaim, deduction or withholding whatsoever or subject to any valid Security Interest or claim of any nature in favour of any other person or other defence;
Appears in 4 contracts
Samples: Receivables Purchase and Servicing Agreement (WABCO Holdings Inc.), German Receivables Purchase and Servicing Agreement (WABCO Holdings Inc.), Société Générale ) (WABCO Holdings Inc.)