Common use of Value and Marketability Clause in Contracts

Value and Marketability. The Transferor has no knowledge of any circumstances or conditions not reflected in the representations set forth herein, or in the Home Loan Schedule, or in the related Grantor Trustee's Home Loan File with respect to any related Mortgage, related Mortgaged Property or the Obligor which could reasonably be expected to materially and adversely affect the value of any such Mortgaged Property or the marketability of the Home Loan or cause the Home Loan to become delinquent or otherwise be in default;

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Painewebber Mortgage Acceptance Corporation Iv), Sale and Servicing Agreement (Painewebber Mortgage Acceptance Corporation Iv)

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Value and Marketability. The Such Transferor has no knowledge of any circumstances or conditions not reflected in the representations set forth herein, or in the Home Loan Schedule, or in the related Grantor Trustee's Home Loan File with respect to any related MortgageMortgage or Manufactured Home Contract, related Mortgaged Property or the Obligor which could reasonably be expected to materially and adversely affect the value of any such Mortgaged Property or the marketability of the Home Loan or cause the Home Loan to become delinquent or otherwise be in default;.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Painewebber Mort Accept Corp Iv Empire Funding 1999-1)

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Value and Marketability. The Transferor has no knowledge of any circumstances or conditions not reflected in the representations set forth herein, or in the Home Loan Schedule, or in the related Grantor Trustee's Home Loan File with respect to any related Mortgage, related Mortgaged Property or the Obligor which could reasonably be expected to materially and adversely affect the value of any such Mortgaged Property or the marketability of the Home Loan or cause the Home Loan to become delinquent or otherwise be in default;.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Empire Funding Home Loan Owner Trust 1998 3)

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