Common use of Ability to Perform; Solvency Clause in Contracts

Ability to Perform; Solvency. The Responsible Party does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant contained in this Agreement. The Responsible Party is solvent and the sale of the Mortgage Loans will not cause the Responsible Party to become insolvent. The sale of the Mortgage Loans is not undertaken with the intent to hinder, delay or defraud any of Responsible Party's creditors. SCHEDULE V Morgan Stanley ABS Capital I Inc. Mortgage Pass-Xxxxxxh Xxxxxxicates Series 2005-WMC1 Representations and Warranties of the Depositor as to the Mortgage Loans ------------------------------------------------------------------------ The Depositor hereby makes the representations and warranties set forth in this Schedule V to the Trustee, as of the Closing Date:

Ability to Perform; Solvency. The Responsible Party does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant contained in this Agreement. The Responsible Party is solvent and the sale of the Mortgage Loans will not cause the Responsible Party to become insolvent. The sale of the Mortgage Loans is not undertaken with the intent to hinder, delay or defraud any of Responsible Party's creditors. SCHEDULE V Morgan Stanley ABS Capital I Inc. Mortgage Pass-Xxxxxxh Xxxxxxicates Series 2005-WMC1 WMC2 Representations and Warranties of the Depositor as to the Mortgage Loans ------------------------------------------------------------------------ The Depositor hereby makes the representations and warranties set forth in this Schedule V to the Trustee, as of the Closing Date:

Ability to Perform; Solvency. The Responsible Party does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant contained in this Agreement. The Responsible Party is solvent and the sale of the Mortgage Loans will not cause the Responsible Party to become insolvent. The sale of the Mortgage Loans is not undertaken with the intent to hinder, delay or defraud any of Responsible Party's creditors. SCHEDULE V Morgan Stanley ABS Capital I Inc. Mortgage Pass-Xxxxxxh Xxxxxxicates Series 2005-WMC1 WMC3 Representations and Warranties of the Depositor as to the Mortgage Loans ------------------------------------------------------------------------ The Depositor hereby makes the representations and warranties set forth in this Schedule V to the Trustee, as of the Closing Date:

Ability to Perform; Solvency. The Responsible Party does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant contained in this Agreement. The Responsible Party is solvent and the sale of the Mortgage Loans will not cause the Responsible Party to become insolvent. The sale of the Mortgage Loans is not undertaken with the intent to hinder, delay or defraud any of Responsible Party's creditors. SCHEDULE V Morgan Stanley ABS Capital I Inc. Mortgage Pass-Xxxxxxh Xxxxxxicates Series 20052004-WMC1 WMC3 Representations and Warranties of the Depositor as to the Mortgage Loans ------------------------------------------------------------------------ The Depositor hereby makes the representations and warranties set forth in this Schedule V to the Trustee, as of the Closing Date:

Ability to Perform; Solvency. The Responsible Party does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant contained in this Agreement. The Responsible Party is solvent and the sale of the Mortgage Loans will not cause the Responsible Party to become insolvent. The sale of the Mortgage Loans is not undertaken with the intent to hinder, delay or defraud any of Responsible Party's creditors. SCHEDULE V Morgan Stanley Xxxxxx Xxxxxxx ABS Capital I Inc. Mortgage Pass-Xxxxxxh Xxxxxxicates Through Certificates Series 2005-WMC1 WMC4 Representations and Warranties of the Depositor as to the Mortgage Loans ------------------------------------------------------------------------ The Depositor hereby makes the representations and warranties set forth in this Schedule V to the Trustee, as of the Closing Date: