Representations and Warranties of the Purchaser and the Administrative Agent. Each of the Purchaser and the Administrative Agent hereby represents and warrants to the Transferor as to itself as of the date of this Agreement and as of the Closing Date as follows:
Representations and Warranties of the Purchaser and the Administrative Agent. The Purchaser and the Administrative Agent each represent and warrant to the Debtor and the Servicer that the Note purchased by the Purchaser pursuant to this Agreement will be acquired for investment only and not with a view to any public distribution thereof. Each of the Purchaser and the Administrative Agent further represent and warrant to, and covenant with, the Debtor and the Servicer that it has no present intention to and will not offer to sell or otherwise dispose of the Note so acquired by it (or any interest therein) in violation of any of the registration requirements of the Securities Act of 1933, as amended (the “Act”), or any applicable state or other securities laws. The Purchaser and the Administrative Agent each acknowledges that it has no right to require the Debtor or the Servicer to register the Note under the Act or any other securities law. The Purchaser and the Administrative Agent each agrees that on or before the Closing Date they will each execute and deliver to the Debtor and the Servicer a certain letter in the form attached hereto as Exhibit A (an “Investment Letter”) with respect to the purchase of the Note.
