Common use of Representations, Warranties and Certain Covenants of OLS, as Servicer Clause in Contracts

Representations, Warranties and Certain Covenants of OLS, as Servicer. (prior to the related MSR Transfer Date) and as Initial Receivables Seller (prior to the related MSR Transfer Date). OLS, as initial receivables seller (prior to the related MSR Transfer Date) and as servicer (prior to the related MSR Transfer Date), hereby makes the following representations and warranties for the benefit of HLSS, on which HLSS is relying in purchasing the OLS Additional Receivables and executing this Agreement. The representations are made as of the date of this Agreement, and as of each Sale Date prior to the related MSR Transfer Date, except as set forth herein with respect to the representations of OLS in its capacity as Subservicer. Such representations and warranties shall survive the sale and/or contribution, assignment, transfer and conveyance of any Receivables and any other related OLS Transferred Assets to HLSS.

Appears in 3 contracts

Samples: Receivables Sale Agreement (New Residential Investment Corp.), Receivables Sale Agreement (Home Loan Servicing Solutions, Ltd.), Receivables Sale Agreement (Home Loan Servicing Solutions, Ltd.)

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Representations, Warranties and Certain Covenants of OLS, as Servicer. (prior to the related MSR Transfer Date) and as Initial Receivables Seller (prior to the related MSR Transfer Date). OLS, as initial receivables seller (prior to the related MSR Transfer Date) and as servicer (prior to the related MSR Transfer Date), hereby makes the following representations and warranties for the benefit of HLSS, on which HLSS is relying in purchasing the OLS Additional Receivables and executing this Agreement. The representations are made as of the date of this Agreement, and as of each Sale Date prior to the related MSR Transfer Date, except as set forth herein with respect to the representations of OLS in its capacity as Subservicer. Such representations and warranties shall survive the sale and/or contribution, assignment, transfer and conveyance of any Receivables and any other related OLS Transferred Assets to HLSS.

Appears in 1 contract

Samples: Receivables Sale Agreement (Home Loan Servicing Solutions, Ltd.)

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Representations, Warranties and Certain Covenants of OLS, as Servicer. (prior to the related MSR Transfer Date) and as Initial Receivables Seller (prior to the related MSR Transfer Date). OLS, as initial receivables seller (prior to the related MSR Transfer Date) and as servicer (prior to the related MSR Transfer Date), hereby makes the following representations and warranties for the benefit of HLSS, on which HLSS is relying in purchasing the OLS Additional Receivables and executing this Agreement. The representations are made as of the date of this Agreement, and as of each Sale Date prior to the related MSR Transfer Date, except as set forth herein with respect to the representations of OLS in its capacity as Subservicer. Such representations and warranties shall survive the sale and/or contribution, assignment, transfer and conveyance of any Receivables and any other related OLS Transferred Assets to HLSS.

Appears in 1 contract

Samples: Receivables Sale Agreement (Home Loan Servicing Solutions, Ltd.)

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