Covenants, Representations and Warranties of Master Servicer Sample Clauses

Covenants, Representations and Warranties of Master Servicer. The Master Servicer hereby makes the following covenants, representations and warranties on which (i) the Issuer is deemed to have relied in acquiring the Contracts and (ii) the Insurer is deemed to have relied in issuing the Policies. Such covenants, representations and warranties speak as of the execution and delivery of this Agreement and as of the Closing Date, but shall survive the sale, transfer and assignment of the Contracts to the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.
AutoNDA by SimpleDocs
Covenants, Representations and Warranties of Master Servicer. By its execution and delivery of this Agreement, the Master Servicer makes the following representations, warranties and covenants on which the Indenture Trustee relies in accepting the related Receivables, on which the Indenture Trustee relies in authenticating each Series of Notes, on which the Noteholders rely on in purchasing a Series of Notes and on which the Owner Trustee relies in executing each Series of Certificates. The Master Servicer covenants as follows:
Covenants, Representations and Warranties of Master Servicer. By its execution and delivery of this Agreement, the Master Servicer makes the following representations, warranties and covenants on which the Issuer relies in accepting the Receivables, on which the Administrator relies in authenticating the Notes, on which the Noteholders rely in purchasing the Notes and any Additional Principal Amount thereunder, on which the Owner Trustee relies in executing the Certificates. The Master Servicer covenants as follows:
Covenants, Representations and Warranties of Master Servicer. 41 Section 4.07. Repurchase of Contracts upon Breach of Covenant............................ 43 Section 4.08. Servicing Compensation..................................................... 43 Section 4.09. Reporting by the Master Servicer........................................... 43 Section 4.10. Annual Statement as to Compliance.......................................... 46 Section 4.11. Annual Independent Certified Public Accountants' Report.................... 47 Section 4.12. Access to Certain Documentation and Information Regarding Contracts........ 47 Section 4.13. Fidelity Bond.............................................................. 47 Section 4.14.

Related to Covenants, Representations and Warranties of Master Servicer

  • Covenants, Representations, and Warranties of Servicer By its execution and delivery of this Agreement, the Servicer makes the following representations, warranties and covenants on which the Trust Collateral Agent relies in accepting the Receivables and on which the Trustee relies in authenticating the Notes.

  • Covenants, Representations and Warranties of the Company The Company hereby covenants as follows, and makes the following representations and warranties, each of which is and shall be true and correct on the date hereof and at the Closing, to the Holders, Lazard Frères & Co. LLC and Lazard Capital Markets LLC, and all such covenants, representations and warranties shall survive the Closing.

  • Representations and Warranties of the Master Servicer (a) The Master Servicer hereby represents and warrants to the Depositor, the Securities Administrator and the Trustee, for the benefit of the Certificateholders, as of the Closing Date that:

  • Representations and Warranties of Servicer The Servicer makes the following representations and warranties on which the Trust shall be deemed to have relied in accepting the Trust Property. The representations and warranties speak as of the execution and delivery of this Agreement and shall survive the sale, transfer, assignment and conveyance of the Trust Property to the Trust pursuant to this Agreement and the pledge of the Trust Property to the Indenture Trustee pursuant to the Indenture.

  • Covenants, Representations and Warranties The General Partner covenants, represents and warrants that the following are presently true, will be true at the time of each Capital Contribution payment made by the Limited Partner and will be true during the term of this Agreement, to the extent then applicable.

  • Representations and Warranties of Manager Manager hereby represents and warrants as follows:

  • Additional Representations and Warranties of the Servicer Except as disclosed in writing to the Seller, the Master Servicer, the Depositor and the Trustee prior to the Closing Date: (i) the Servicer is not aware and has not received notice that any default, early amortization or other performance triggering event has occurred as to any other securitization due to any act or failure to act of the Servicer; (ii) the Servicer has not been terminated as servicer in a residential mortgage loan securitization, either due to a servicing default or to application of a servicing performance test or trigger; (iii) no material noncompliance with the applicable servicing criteria with respect to other securitizations of residential mortgage loans involving the Servicer as servicer has been disclosed or reported by the Servicer; (iv) no material changes to the Servicer’s policies or procedures with respect to the servicing function it will perform under this Agreement for mortgage loans of a type similar to the Mortgage Loans have occurred during the three-year period immediately preceding the Closing Date; (v) there are no aspects of the Servicer’s financial condition that could have a material adverse effect on the performance by the Servicer of its servicing obligations under this Agreement and (vi) there are no affiliations, relationships or transactions relating to the Servicer or any Subservicer with any party listed on Exhibit I hereto.

  • Representations and Warranties of the Servicer The Servicer hereby represents and warrants to the Depositor and the Trustee as follows, as of the date hereof:

  • Representations and Warranties of MSDW TRUST MSDW TRUST represents and warrants to the Fund that:

  • Certain Covenants, Representations and Warranties of Client In connection with the Co-Managers’ activities hereunder, Client hereby represents, warrants, covenants, and agrees, as applicable, to each Co-Manager:

Time is Money Join Law Insider Premium to draft better contracts faster.