Representations and Warranties as to Designated Loans Sample Clauses

Representations and Warranties as to Designated Loans. ALS makes the following representations and warranties for the benefit of ALER and its assigns, the Indenture Trustee, the Noteholders, the Insurer and the Issuer as to the Designated Loans on which ALER relies in accepting such Designated Loans. Such representations and warranties speak as of the Purchase Date for such Designated Loans and as of the related transfer of such Designated Loans under the Transfer and Servicing Agreements, and shall survive the sale, transfer and assignment of such Designated Loans to ALER and the subsequent assignment and transfer thereof pursuant to the Transfer and Servicing Agreements:
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