Representations and Warranties of NAFCO and the Transferor. NAFCO represents, warrants and covenants, as of the date hereof, the Date of Issuance, each Subsequent Transfer Date and the Date of Public Offering, with respect to itself, with respect to the Transferor and otherwise as follows, and the Transferor represents, warrants and covenants, as of the date hereof, the Date of Issuance, each Subsequent Transfer Date and the Date of Public Offering, with respect to itself and otherwise, as follows:
