Common use of Value and Marketability Clause in Contracts

Value and Marketability. To the best of the Transferor's ----------------------- knowledge, there do not exist any circumstances, conditions or information with respect to the Home Loan, the related Mortgaged Property, the Obligor or the Obligor's credit standing that reasonably can be expected to cause private institutional investors investing in same type of home loan to regard such Home Loan as an unacceptable investment, to increase the likelihood that such Home Loan will become delinquent, or adversely affect the value or marketability of such Home Loan.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Firstplus Investment Corp), Sale and Servicing Agreement (Firstplus Investment Corp), Administration Agreement (Firstplus Investment Corp)

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Value and Marketability. To the best of the Transferor's ----------------------- knowledge, there do not exist any circumstances, conditions or information with respect to the Home Loan, the related Mortgaged Property, the Obligor or the Obligor's credit standing that reasonably can be expected to cause private institutional investors investing in same type of home loan to regard such Home Loan as an unacceptable investment, to increase the likelihood that such Home Loan will become delinquent, or adversely affect the value or marketability of such Home Loan.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Master Financial Asset Securitization Trust 1998-2), Sale and Servicing Agreement (Firstplus Investment Corp)

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Value and Marketability. To the best of the Transferor's ----------------------- knowledge, there do not exist any circumstances, conditions or information with respect to the Home Loan, the related Mortgaged PropertyProperty securing same, the Obligor or the Obligor's credit standing that reasonably can be expected to cause private institutional investors investing in same type of home loan to regard such Home Loan as an unacceptable investment, to increase the likelihood that such Home Loan will become delinquent, or adversely affect the value or marketability of such the Home Loan.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Firstplus Investment Corp)

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