Representations and Warranties of HSBC Bank, HSBC Trust and HSBC TFS Sample Clauses

Representations and Warranties of HSBC Bank, HSBC Trust and HSBC TFS. HSBC Bank, HSBC Trust and HSBC TFS hereby represent and warrant to BFC, as of each Closing Date (prior to a purchase of BFC of a participation interest hereunder), that HSBC Bank and HSBC Trust each has sold and HSBC TFS has purchased a one hundred percent (100%) participation interest in all of HSBC Bank’s and HSBC Trust’s respective right, title and interest in and to each HSBC RAL and HSBC IMA, free and clear of any Lien of any Person claiming under or through HSBC Bank, HSBC Trust or any of its Affiliates.
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