Common use of Offsets and Defenses Clause in Contracts

Offsets and Defenses. The Borrower has no offsets or defenses to its obligations under the Loan Documents and no claims or counterclaims against any of the Agents or the Lenders.

Appears in 5 contracts

Samples: Credit Agreement (Aladdin Gaming Holding LLC), Credit Agreement (Aladdin Gaming Enterprises Inc), Credit Agreement (Aladdin Gaming Holding LLC)

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Offsets and Defenses. The Borrower has no offsets or defenses to its obligations under the Loan Documents or the documents evidencing and securing the Obligations and no claims or counterclaims against any of the Agents Administrative Agent or the Lenders.

Appears in 5 contracts

Samples: Loan Agreement (Tropicana Las Vegas Hotel & Casino, Inc.), Loan Agreement And (Tropicana Las Vegas Hotel & Casino, Inc.), Loan Agreement and Limited (Tropicana Las Vegas Hotel & Casino, Inc.)

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