Representations and Warranties of the Seller Regarding the Loans; Removal and Substitution Obligations. (a) The Seller represents and ----------------------------------------------- warrants to the Trustee, the Certificate Insurer and the Certificateholders as of the date of this Agreement and as of the Closing Date in the case of the Loans, that:
Representations and Warranties of the Seller Regarding the Home Equity Loans. ---------------------
Representations and Warranties of the Seller Regarding. THE COMPANY 9 4.1. Organization 9 4.2. Authority 9 4.3. No Conflict 10 4.4. Capitalization; Ownership 10 4.5. Subsidiaries 10 4.6. Financial Statements; Undisclosed Liabilities 11 4.7. Absence of Certain Changes or Events 11 4.8. Condition of Assets 12 4.9. Real Property 13 4.10. Leases; Leased Real Property 13 4.11. Working Capital Assets 13 4.12. Intellectual Property 14 4.13. Contracts 16 4.14. Litigation 16 4.15. Compliance with Laws; Permits 17 4.16. Environmental Matters 17 4.17. Employee Benefit Matters 19 4.18. Taxes 20 4.19. Consents 22 4.20. Employee Relations 22 4.21. Transactions with Related Parties 23 4.22. Insurance 23 4.23. Brokers 24 4.24. Compensation Arrangements; Officers and Directors 24 4.25. Relationship with Significant Customers and Significant Suppliers 24 TABLE OF CONTENTS Page 4.26. Government Contracts 25 4.27. Products 26 4.28. Illegal Payments, Etc 26 4.29. Bank Accounts 27
Representations and Warranties of the Seller Regarding. THE MANAGEMENT OF THE HFT GROUP CORPORATIONS SINCE DECEMBER 31, 1997 UP TO THE DATE HEREOF The Seller represents and warrants to the Purchaser, subject to the indications in the Disclosure Schedule, that since December 31, 1997 up to the date hereof, the Seller, the managers, officers, and corporate authorities of the HFT Group corporations :
