Representation and Warranty Losses definition

Representation and Warranty Losses is defined in Section 6.01(3);
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Representation and Warranty Losses shall have the meaning specified in Section 11.6.1.
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Examples of Representation and Warranty Losses in a sentence

  • NERA estimated total Representation and Warranty Losses of $1.73 billion to $1.78 billion, with the allocable share for every Trust exceeding that Trust’s Representation and Warranty Losses.

  • The second method estimated Representation and Warranty Losses based on the actual repurchase demands for the Trusts and imputed GSE repurchase rate data.

  • For 83% of the Trusts, the allocable share actually exceeded the amount of Representation and Warranty Losses when applying the GSE repurchase rates at the Trust level.

  • The first method calculated estimated Representation and Warranty Losses using as a proxy JPMorgan’s experience repurchasing loans from Fannie Mae and Freddie Mac (the government-sponsored entities or “GSEs”).

  • This compares to the year ended 2006 Controllable Adjusted Actual Margin of 14.77% which was approximately $5.8 million better than the target margin of 14.09%.

  • The third method estimated Representation and Warranty Losses by running an econometric model of loan-level default behavior and credit attributes for 60 of the 330 Trusts – using the 60 Trusts that were the subject of a complaint filed by the Federal Housing FinanceAgency against JPMorgan, Bear Stearns, and others.

  • Subject to the exceptions set forth in subsection (d)(ii) of this Section 6.2, no indemnification shall be payable to a Buyer Indemnified Party with respect to any claim relating to Representation and Warranty Losses asserted more than eighteen (18) months after the Closing Date (the “Expiration Date”); provided that any claim for indemnification as to which notice has been given prior to the Expiration Date shall survive such expiration until final resolution of such claim.

  • Materials being removed from project site include soils, asphalt and concrete pavement.

  • Documents containing or describing the process of estimation of Representation and Warranty Losses discussed in Paragraphs 51-54 of Faten Sabry’s Expert Report (the “Sabry Report”).24.

  • The third method estimated Representation and Warranty Losses by running an econometric model of loan-level default behavior and credit attributes for 60 of the 330 Trusts – FILED: NEW YORK COUNTY CLERK 10/10/2018 07:12 PM INDEX NO.

Related to Representation and Warranty Losses

  • Fundamental Representations and Warranties means the representations and warranties contained in Sections 3.1, 3.2, 3.6, 4.1 and 4.3.

  • Representations and Warranties The energy service under this Agreement will meet the applicable LDU’s standards and may be supplied from a variety of sources. Tomorrow Energy makes no representations or warranties other than those expressly set forth in this Agreement, and Tomorrow Energy expressly disclaims all other warranties, express or implied, including warranties of merchantability and fitness for a particular purpose.

  • Seller’s Warranties means the warranties given by the Seller pursuant to Clause 9 and Schedule 9, and “Seller’s Warranty” means any one of them;

  • Purchaser Warranties shall have the meaning ascribed to the term in Clause 8.1;

  • Purchaser’s Warranties means the warranties of the Purchaser set out in Clause 6.2 and Schedule 2;

  • Purchaser Fundamental Representations means the representations and warranties set forth in Section 4.1 (Organization; Good Standing); Section 4.2 (Corporate Power; Enforceability); Section 4.3(a) (Non-Contravention) and Section 4.8 (Brokers).

  • Seller Fundamental Representations means the representations and warranties of Seller contained in Section 3.01 (Existence and Power), Section 3.02 (Authorization), Section 3.05 (Group Companies) (other than Section 3.05(e)) and Section 3.21 (Finders’ Fees).

  • Buyer Fundamental Representations means the representations and warranties set forth in Section 5.1 (Organization and Qualification), Section 5.2 (Corporate Authorization), Section 5.3 (Binding Effect), Section 5.4 (Capitalization) and Section 5.16 (Brokers’ Fees).

  • Specified Representations means the representations and warranties of the Borrower and set forth in Sections 5.01(a) (solely as it relates to the Loan Parties), 5.01(b)(ii), 5.02 (other than 5.02(b)), 5.04, 5.12, 5.15, 5.16 (subject to the proviso to Section 4.01(a)(iv)) and 5.20 (limited to the use of proceeds of the Loans on the Closing Date).

  • Excluded Representations has the meaning set forth in Section 7.3(a).

  • Representations means the written Representations and Warranties provided by Borrower to Silicon referred to in the Schedule.

  • Company Fundamental Representations means the representations and warranties set forth in Section 3.1 (Organization; Good Standing); Section 3.2 (Corporate Power; Enforceability); Section 3.3(a) (Company Board Approval); Section 3.3(b) (Anti-Takeover Laws); Section 3.4 (Requisite Stockholder Approvals); Section 3.5(a) (Non-Contravention); Section 3.7 (Company Capitalization); and Section 3.25 (Brokers).

  • Company Representations means the representations and warranties of the Company expressly and specifically set forth in Article IV of this Agreement, as qualified by the Schedules. For the avoidance of doubt, the Company Representations are solely made by the Company.

  • Fundamental Representations has the meaning set forth in Section 8.1.

  • Parent Fundamental Representations means the representations and warranties of Parent and Merger Sub set forth in Sections 3.1(a) (Due Organization; Subsidiaries), 3.3 (Authority; Binding Nature of Agreement), 3.4 (Vote Required) and 3.18 (No Financial Advisors).

  • Fundamental Representation has the meaning set forth in Section 9.1.

  • Tax Warranties means the Warranties set out in Part C of Schedule 4;

  • Seller Warranties means the warranties given by the Seller in Schedule 3;

  • Warranty means a warranty made solely by the manufacturer,

  • Major Representation means a representation or warranty with respect to the Borrower or the Merger Sub only under any of Clause 18.2 (Status) to Clause 18.6 (Validity and admissibility in evidence) inclusive.

  • Purchaser Losses shall have the meaning set forth in Section 9.1(a).

  • Fundamental Warranties means the representations and warranties of Group Companies set forth in Sections 4.1 (Organization, Standing and Qualification), 4.2 (Capitalization and Other Particulars of the Group Companies), 4.3 (Due Authorization), 4.4 (Valid Issuance of Purchased Shares), 4.5 (No Conflicts), 4.6 (Compliance with Law; Licenses), 4.8 (Financial Statements) and 4.19 (Taxes).

  • Representation Date shall have the meaning ascribed to such term in Section 4(k).

  • Tax Representations Each representation specified in the Schedule as being made by it for the purpose of this Section 3(f) is accurate and true.

  • Representation means any representation as to fact or law, including a representation as to the state of mind of—