Common use of Representations of the Depositor Clause in Contracts

Representations of the Depositor. The Depositor makes the following representations to the Issuing Entity, the Servicer, the Indenture Trustee, the Loan Seller, as of the execution and delivery of this Agreement and as of the Closing Date. The Issuing Entity relies on such representations of the Depositor in accepting the Conveyed Assets. Such representations shall survive the sale, transfer and assignment of the Conveyed Assets being sold by the Depositor to the Issuing Entity and the pledge thereof to the Indenture Trustee in accordance with the terms of the Indenture.

Representations of the Depositor. The Depositor makes the following representations to the Issuing EntityIssuer, the Servicer, the Indenture Trustee, Trustee and the Loan Seller, as of the execution and delivery of this Agreement and as of the Closing Date. The Issuing Entity Issuer relies on such representations of the Depositor in accepting the Depositor Conveyed Assets. Such representations shall survive the sale, transfer and assignment of the Depositor Conveyed Assets being sold by the Depositor to the Issuing Entity Issuer and the pledge thereof to the Indenture Trustee in accordance with the terms of the Indenture.