FDIC Representation. Party A represents to Party B on the date on which Party A enters into each Transaction that Party A is a depository institution subject to the requirements of the Federal Deposit Insurance Act. This Agreement (including the Credit Support Annex and each Confirmation) has been authorized by all necessary corporate action of Party A, the person executing this Agreement on behalf of Party A is an officer of Party A of the level of vice president or higher, and this Agreement (including the Credit Support Annex and each Confirmation) will be maintained by Party A in its official books and records.
Appears in 6 contracts
Sources: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Opx1), Isda Master Agreement (Harley-Davidson Motorcycle Trust 2008-1), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Wfhe2)