Common use of Representation and Warranty of Company Clause in Contracts

Representation and Warranty of Company. Immediately prior to the conveyance of the Underlying Certificates to the Trustee pursuant to Section 2.01, the Company had good title to, and was the sole owner of, the Underlying Certificates free and clear of any pledge, lien, encumbrance or security interest and such conveyance validly transfers ownership of the Underlying Certificates to the Trustee free and clear of any pledge, lien, encumbrance or security interest.

Appears in 6 contracts

Samples: Trust Agreement (RALI Series 2005-Qr1 Trust), Trust Agreement (RALI Series 2008-QR1Trust), Trust Agreement (Stanwich Asset Acceptance CO LLC)

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Representation and Warranty of Company. Immediately prior to the conveyance of the Underlying Certificates Certificate to the Trustee pursuant to Section 2.01, the Company had good title to, and was the sole owner of, the Underlying Certificates Certificate free and clear of any pledge, lien, encumbrance or security interest and such conveyance validly transfers ownership of the Underlying Certificates Certificate to the Trustee free and clear of any pledge, lien, encumbrance or security interest.

Appears in 2 contracts

Samples: Trust Agreement (Residential Accredit Loans Inc), Trust Agreement (Residential Accredit Loans Inc)

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Representation and Warranty of Company. Immediately prior to the conveyance of the Underlying Certificates Certificate to the Trustee pursuant to Section 2.01, the Company had good title to, and was the sole owner of, the Underlying Certificates free and clear of any pledge, lien, encumbrance or security interest and such conveyance validly transfers ownership of the Underlying Certificates to the Trustee Certificate free and clear of any pledge, lien, encumbrance or security interest.

Appears in 1 contract

Samples: Trust Agreement (Residential Asset Gmacm Mortgage Loan Trust 2004-Jr1)

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