Common use of Representations and Warranties of the Seller with Respect to the Mortgage Loans Clause in Contracts

Representations and Warranties of the Seller with Respect to the Mortgage Loans. (a) The Seller makes the following representations and warranties as to the Mortgage Loans on which the Certificate Insurer relies in issuing the Certificate Insurance Policies. Such representations and warranties speak as of the Cut-Off Date (with respect to the Initial Mortgage Loans) and as of the respective Subsequent Cut-Off Date (with respect to the Subsequent Mortgage Loans) but shall survive the sale, transfer, and assignment of the related Mortgage Loans to the Trust:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1999-4), Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1999-1), Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1999-2)

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Representations and Warranties of the Seller with Respect to the Mortgage Loans. (a) The Seller makes the following representations and warranties as to the Mortgage Loans on which the Certificate Insurer relies in issuing the Certificate Insurance Policies. Such representations and warranties speak as of the Cut-Off Date Startup Day (with respect to the Initial Mortgage Loans) and as of the respective Subsequent Cut-Off Transfer Date (with respect to the Subsequent Mortgage Loans) but shall survive the sale, transfer, and assignment of the related Mortgage Loans to the Trust:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1998-4), Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1998-3)

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