Common use of Representations and Warranties and Certain Covenants of the Originator Clause in Contracts

Representations and Warranties and Certain Covenants of the Originator. (a) Originator represents and warrants to the Issuer and the Securitization Indenture Trustee for the benefit of the Securitization Noteholders, as of the Closing Date (with respect to the Timeshare Loans transferred on the Closing Date) and on each Transfer Date (with respect to Qualified Substitute Timeshare Loans and Subsequent Timeshare Loans transferred on such Transfer Date) as follows:

Representations and Warranties and Certain Covenants of the Originator. (a) The Originator represents and warrants to the Issuer and the Securitization Indenture Trustee for the benefit of the Securitization Noteholders, as of the Closing Date (with respect to the Timeshare Loans transferred on the Closing Date) and on each Transfer Date (with respect to Qualified Substitute Timeshare Loans and Subsequent Timeshare Loans transferred on such Transfer Date) as follows: