Representations Warranties And. INDEMNIFICATION ......................................................... 30 ---------------
Representations Warranties And. Covenants of the Servicer and Seller. ------------------------------------ Chevy Chase, as Seller and Servicer, hereby represents and warrants to, and covenants with, the Depositor, the Insurer and the Trustee that, as of the date hereof:
Representations Warranties And. COVENANTS OF LESSOR -------------------------------
Representations Warranties And. COVENANTS OF GRANTORS --------------------- As a material inducement to Optionee to enter into this Option Agreement and to consummate the transactions contemplated hereby, each Grantor hereby severally makes to Optionee each of the representations and warranties set forth in this Article III, which representations and warranties are true as of the date hereof. As a condition to Optionee's obligation to complete the purchase of each Grantor's Interests, such representations and warranties must continue to be true as of the date of the Closing (except a otherwise provided in Section 2.3(a)).
Representations Warranties And. COVENANTS OF THE DEBTOR
Representations Warranties And. COVENANTS OF THE SELLER; REPURCHASE AND SUBSTITUTION; REVIEW OF MORTGAGE LOANS Section 3.01 Representations and Warranties of each Seller Section 3.02 Representations and Warranties of the Servicer Section 3.03 Representations and Warranties as to Individual Mortgage Loans 28 Section 3.04 Repurchase and Substitution 39 Section 3.05 Certain Covenants of each Seller and the Servicer 41 Section 3.06 Servicing Control Notice 42 ARTICLE IV: REPRESENTATIONS AND WARRANTIES OF THE PURCHASER AND CONDITIONS PRECEDENT TO FUNDING 42 Section 4.01 Representations and Warranties 42 Section 4.02 Conditions Precedent to Closing 45 ARTICLE V: ADMINISTRATION AND SERVICING OF MORTGAGE LOANS
Representations Warranties And. ADDITIONAL COVENANTS OF MTGA 106 Section 11.01 Due Authorization. 106 Section 11.02 No Conflict; Legal Compliance 106 Section 11.03 Insolvency 106 Section 11.04 Litigation and Default 107 Section 11.05 Agreements Regarding Transfer of Property 107 Section 11.06 Notification of Material Changes. 107
Representations Warranties And. ADDITIONAL COVENANTS OF THE TOWN 108 Section 12.01 Due Authorization. 108 Section 12.02 No Conflict; Legal Compliance 108 Section 12.03 Litigation and Default 109 Section 12.04 Notification of Material Changes. 109 ARTICLE XIII DISPUTE RESOLUTION; WAIVER OF SOVEREIGN IMMUNITY; CONSENT TO JURISDICTION AND SERVICE 110 Section 13.01 Mediation. 110 Section 13.02 Waiver of Sovereign Immunity of MTGA; Consent to Jurisdiction and Service 111 ARTICLE XIV DEFAULTS AND REMEDIES 113 Section 14.01 Default by MTGA 113 Section 14.02 Default by Town. 114 Section 14.03 Remedies for MTGA or Town Default 115 Section 14.04 Uncontrollable Circumstances. 117
Representations Warranties And. COVENANTS OF THE DEPOSITOR, THE SERVICER AND THE SELLERS; COVENANT OF SELLER TO CONVEY HOME EQUITY LOANS 46 Section 3.01. Representations and Warranties of the Depositor.
Representations Warranties And. COVENANTS OF WIRELESS SYNERGIES, INC. As an inducement to, and to obtain the reliance of the Company and the Company Stockholders, Wireless represents and warrants as follows: