Master PSA definition
Examples of Master PSA in a sentence
This Agreement, the Master PSA and the other Transaction Documents constitute the sole and entire agreement of the parties to this Agreement with respect to the subject matter contained herein and therein, and supersede all prior and contemporaneous representations, warranties, understandings and agreements, both written and oral, with respect to such subject matter.
Each of the representations and warranties of Parent and Purchaser contained in Sections 5.01, 5.02, 5.04, 5.06, 5.07, and 5.09 through 5.12 of the Master PSA are true and correct as of the date hereof, except as provided in the Master PSA.
Each of the Originator, the Servicer and RFC acknowledge that the provisions of this Section 2.01(b) restate and supersede the provisions of Section 4.16 of the Master PSA.
This Agreement shall automatically be terminated at any time prior to the Closing Date without any action by any Seller the Sellers’ Representative, Purchaser or Parent concurrently with any termination of the Master PSA.
The representations and warranties set forth in the Master PSA shall be deemed to have been made by the Originator with respect to each substitute HELOC as of the date of acceptance of such HELOC by the Indenture Trustee.
Each of the Originator, the Servicer and the Seller acknowledge that the provisions of this Section 2.01(b) restate and supersede the provisions of Section 4.16 of the Master PSA.
The Sale and Servicing Agreement, the Master PSA, the Assignment Agreement, the Indenture, the Trust Agreement, the Custodial Agreement, the Administration Agreement and the other documents and certificates delivered in connection with any of the above.
The Originator agrees that, upon such assignment to the Indenture Trustee, such representations, warranties, agreements and covenants will run to and be for the benefit of the Indenture Trustee, and the Indenture Trustee may enforce, without joinder of the Depositor or the Issuer, the repurchase obligations of the Originator set forth herein and in the Master PSA with respect to breaches of such representations, warranties, agreements and covenants.
The Originator shall deliver to the Custodian the documents related to the substitute HELOC in accordance with the provisions of the Master PSA and Section 2.02(b) of this Agreement, as applicable, with the date of acceptance of the substitute HELOC deemed to be the Closing Date for purposes of the time periods set forth in those Subsections.
It is understood and agreed that the enforcement of the obligation of RFC set forth in this Section 2.07 to indemnify the Depositor, the Issuing Entity, the Sponsor, the Note Insurer and the Indenture Trustee as provided in this Section 2.07 constitutes the sole remedy (other than as set forth in the Master PSA and the Insurance Agreement) of the Depositor, the Issuing Entity, the Sponsor and the Indenture Trustee, respecting a breach of the foregoing representations and warranties.