Representations and Warranties Regarding Individual Mortgage Loans; Eligibility Representations. As to each Eligible Loan sold in each Portfolio, the Seller hereby represents and warrants to the Owners that as of each applicable Closing Date and (excluding Section 3.2(d) hereof) as of the date of the sale of each Eligible Loan:
Representations and Warranties Regarding Individual Mortgage Loans; Eligibility Representations. With respect to each Mortgage Loan sold by a Seller to the Issuer, the Seller of such Mortgage Loan hereby represents and warrants to the Issuer (and for the benefit of the Collateral Agent and the Secured Parties) and each Swap Counterparty that as of each applicable Closing Date:
Representations and Warranties Regarding Individual Mortgage Loans; Eligibility Representations. As to each Eligible Mortgage Loan, Seller shall on and as of the Purchase Date for any Transaction and on and as of each date thereafter through and including the related Repurchase Date be deemed to make each of the representations and warranties set forth on Annex II hereto. The representations and warranties set forth in this Agreement shall survive transfer of the Purchased Assets to Agent and shall continue for so long as the Purchased Assets are subject to this Agreement. It is understood and agreed that the representations and warranties set forth in this Agreement (including Annex II) shall survive the sale of the Eligible Mortgage Loans to Agent and the delivery of the Loan Documents to Servicer and delivery of the Mortgage Notes to the Custodian and shall inure to the benefit of Agent and each Principal notwithstanding any restrictive or qualified endorsement on any Mortgage Note or Assignment of Mortgage or the examination or failure to examine any Mortgage Note.
Representations and Warranties Regarding Individual Mortgage Loans; Eligibility Representations. As to each Eligible Loan sold in each Portfolio, the Seller and the Servicer (on behalf of the Additional Seller) hereby represents and warrants to the Purchaser that as of each applicable Closing Date and (excluding SECTION 3.2(d) hereof) as of the date of the Securitization or sale of each Eligible Loan:
