Common use of Perfection Representations, Warranties and Covenants Clause in Contracts

Perfection Representations, Warranties and Covenants. Santander Consumer hereby makes the perfection representations, warranties and covenants attached hereto as Schedule I to the Purchaser and the Purchaser shall be deemed to have relied on such representations, warranties and covenants in acquiring the Purchased Assets.

Appears in 57 contracts

Samples: Purchase Agreement (Santander Drive Auto Receivables Trust 2012-2), Purchase Agreement (Santander Drive Auto Receivables Trust 2011-3), Purchase Agreement (Santander Drive Auto Receivables LLC)

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Perfection Representations, Warranties and Covenants. Santander Consumer hereby makes the perfection representations, warranties and covenants attached hereto as Schedule I to the Purchaser and the Purchaser shall be deemed to have relied on such representations, warranties and covenants in acquiring the Purchased Assets. As used on Schedule I, the term “Receivable” shall refer to an Initial Receivable or a Subsequent Receivable, as applicable.

Appears in 2 contracts

Samples: Purchase Agreement (Santander Drive Auto Receivables Trust 2013-2), Purchase Agreement (Santander Drive Auto Receivables Trust 2013-2)

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