REPRESENTATIONS AND WARRANTIES OF ISSUER AS TO THE RECEIVABLES Sample Clauses

REPRESENTATIONS AND WARRANTIES OF ISSUER AS TO THE RECEIVABLES. The Issuer does hereby make the following representations and warranties as of the Closing Date on which (i) the Trustee is relying in accepting the Receivables and the other Trust Property and authenticating the Notes; (ii) the Noteholders are relying in purchasing the Notes; (iii) the Note Insurer is relying in issuing the Policy; and (iv) the Rating Agency is relying in providing its rating of the Notes.
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REPRESENTATIONS AND WARRANTIES OF ISSUER AS TO THE RECEIVABLES. The Issuer does hereby make the following representations and warranties as of each Funding Date and each Prepayment Date except and to the extent otherwise specifically provided in clause 2.04(l), on which (i) the Trustee is relying in accepting the Receivables and the other Trust Property which become a part of the Trust Estate as of such Funding Date or permitting the release of any Prepaid Receivable as of such Prepayment Date, as the case may be; (ii) the Noteholders are relying in purchasing the Notes and making Fundings; (iii) the Note Insurer is relying in issuing the Policy; and (iv) the Rating Agency is relying in providing its rating of the Notes. Except as specifically provided below, (i) in the case of the following representations and warranties made on a Funding Date, such representations and warranties shall be deemed made with respect to all Receivables then subject to this Agreement after giving effect to any addition of Receivables on such Funding Date and (ii) in the case of the following representations and
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REPRESENTATIONS AND WARRANTIES OF ISSUER AS TO THE RECEIVABLES. The Issuer does hereby make the following representations and warranties as of the Closing Date on which the Trustee is relying in accepting the Receivables and the other Trust Property and authenticating the Notes:
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REPRESENTATIONS AND WARRANTIES OF ISSUER AS TO THE RECEIVABLES. The Issuer does hereby make the following representations and warranties as of each Funding Date except and to the extent otherwise specifically provided in clause 2.04(l), on which (i) the Trustee is relying in accepting the Receivables and the other Trust Property which become a part of the Trust Estate as of such Funding Date; (ii) the Noteholders are relying in purchasing the Notes and making Fundings; (iii) the Note Insurer is relying in issuing the Policy; and (iv) the Rating Agency is relying in providing its rating of the Notes.
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Related to REPRESENTATIONS AND WARRANTIES OF ISSUER AS TO THE RECEIVABLES

  • Representations and Warranties of the Seller as to the Receivables The Seller has made, in the Receivables Purchase Agreement, each of the representations and warranties as to the Receivables set forth in Exhibit A. The Issuer shall be deemed to have relied on such representations and warranties in accepting the Receivables. Such representations and warranties speak as of the date of execution and delivery of this Agreement and as of the Closing Date, except to the extent otherwise provided, but shall survive the sale, transfer, assignment and conveyance of the Receivables to the Issuer pursuant to this Agreement and the pledge of the Receivables to the Indenture Trustee pursuant to the Indenture. Pursuant to Section 2.01(a), the Depositor has sold, transferred, assigned and otherwise conveyed to the Issuer, as part of the Trust Property, its rights under the Receivables Purchase Agreement, including its right to require the Seller to repurchase Receivables in accordance with the Receivables Purchase Agreement upon a breach of such representations and warranties. The Seller hereby agrees that the Issuer shall have the right to enforce any and all rights of the Depositor under the Receivables Purchase Agreement assigned to the Issuer under this Agreement, including the right to require the Seller to repurchase Receivables in accordance with the Receivables Purchase Agreement upon a breach of the representations and warranties set forth in Exhibit A, directly against the Seller as though the Issuer were a party to the Receivables Purchase Agreement and that the Issuer shall not be obligated to enforce any such right indirectly through the Depositor.

  • Representations and Warranties as to the Receivables The Seller makes the following representations and warranties as to each Receivable, on which Ally Auto relies in accepting the Receivables. Such representations and warranties speak as of the Closing Date, and shall survive the sale, transfer and assignment of the Receivables to Ally Auto and the subsequent assignment and transfer pursuant to the Further Transfer Agreements:

  • Representations and Warranties of the Seller as to each Receivable On the date hereof, the Seller hereby makes the representations and warranties set forth on Schedule I to the Issuer and the Indenture Trustee as to the Receivables sold, transferred, assigned, and otherwise conveyed to the Issuer under this Agreement on which such representations and warranties the Issuer relies in acquiring the Receivables. The representations and warranties as to each Receivable shall survive the Grant of the Receivables by the Issuer to the Indenture Trustee pursuant to the Indenture. Notwithstanding any statement to the contrary contained herein or in any other Transaction Document, the Seller shall not be required to notify any insurer with respect to any Insurance Policy obtained by an Obligor or to notify any Dealer about any aspect of the transaction contemplated by the Transaction Documents.

  • Representations and Warranties as to the Pool of Receivables The Depositor makes the following representations and warranties as to the pool of Receivables on which the Trust shall be deemed to have relied in accepting the pool of Receivables. The representations and warranties speak as of the Closing Date, except to the extent otherwise provided, but shall survive the sale, transfer, assignment and conveyance of the pool of Receivables to the Trust pursuant to this Agreement and the pledge of the Receivables to the Indenture Trustee pursuant to the Indenture:

  • Representations and Warranties of the Depositor as to the Mortgage Loans The Depositor hereby represents and warrants to the Trustee with respect to the Mortgage Loans or each Mortgage Loan, as the case may be, as of the date hereof or such other date set forth herein that as of the Closing Date:

  • Representations and Warranties of Depositor The Depositor hereby represents and warrants for the benefit of the Holders that:

  • Representations and Warranties of the Depositor The Depositor hereby represents and warrants to the Owner Trustee that:

  • Representations and Warranties of MSDW TRUST MSDW TRUST represents and warrants to the Fund that:

  • Representations and Warranties of the Issuing Entity Upon the execution of the applicable Terms Agreement, the Issuing Entity represents and warrants to each Underwriter that:

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