Common use of Separate Identity Clause in Contracts

Separate Identity. The Issuer acknowledges that the Noteholders are entering into the transactions contemplated by this Indenture in reliance upon the Issuer’s identity as a legal entity that is separate from the Receivables Seller, the Depositor or the Servicer (each, a “Facility Entity”).

Appears in 14 contracts

Samples: Consent Agreement (PennyMac Mortgage Investment Trust), loanDepot, Inc., Subservicing Agreement (New Residential Investment Corp.)

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