Covenants, Representations and Warranties of the Servicer. As of the Initial Closing Date with respect to the Initial Receivables and as of each Subsequent Closing Date with respect to the Additional Receivables purchased on each such Subsequent Closing Date, the Servicer hereby makes the following representations, warranties and covenants on which XXXX relies in accepting the Receivables hereunder and pursuant to the related First Step Receivables Assignment, and on which the Issuing Entity shall rely in accepting such Receivables and executing and delivering the Securities under the Further Transfer and Servicing Agreements.
Covenants, Representations and Warranties of the Servicer. As of the Closing Date, the Servicer hereby makes the following representations, warranties and covenants on which CXXX relies in accepting the Receivables hereunder and pursuant to the related First Step Receivables Assignment, and on which the Issuing Entity shall rely in accepting such Receivables and executing and delivering the Securities under the Further Transfer and Servicing Agreements.
Covenants, Representations and Warranties of the Servicer. As of the Closing Date, the Servicer hereby makes the following representations, warranties and covenants on which Ally Auto relies in accepting the Receivables hereunder and pursuant to the related First Step Receivables Assignment, and on which the Issuing Entity shall rely in accepting such Receivables and executing and delivering the Securities under the Further Transfer and Servicing Agreements.
Covenants, Representations and Warranties of the Servicer. As of the closing hereunder, the Servicer hereby makes the following representations, warranties and covenants on which CARI relies in accepting the Receivables hereunder and on which the Xxsuer shall rely in accepting the Receivables and executing and delivering the Securities under the Further Transfer and Servicing Agreements.
Covenants, Representations and Warranties of the Servicer. The Servicer hereby makes the following representations, warranties and covenants to the Issuer, the Depositor, the Backup Servicer, the Agent and the Indenture Trustee and the Noteholders on which the Issuer and the Indenture Trustee rely in accepting the Receivables in trust and in connection with the performance by the Indenture Trustee and the Backup Servicer of their respective obligations hereunder. The representations and warranties speak as of the execution and delivery of this Agreement, on the Closing Date, and as of each Funding Date, but shall survive each sale of the Receivables to the Issuer and the subsequent pledge thereof to the Indenture Trustee pursuant to the Indenture:
Covenants, Representations and Warranties of the Servicer. 35 Section 8.02. Purchase of Receivables upon Breach of Representation and Warranty 35 Section 8.03. Representations of Backup Servicer 39 Article IX THE SERVICER AND BACKUP SERVICER 40
Covenants, Representations and Warranties of the Servicer. The Servicer represents and warrants to, and covenants with, the Assignee that:
Covenants, Representations and Warranties of the Servicer. As of the Series 200_-__ Closing Date, the Servicer hereby makes the following representations, warranties and covenants on which XXXX relies in accepting the COLT 200_-__ Secured Notes hereunder and pursuant to the First Step Secured Notes Assignment, and on which the Issuer shall rely in accepting the COLT 200 - Secured Notes and executing and delivering the Securities under the Further Transfer and Servicing Agreements.
Covenants, Representations and Warranties of the Servicer. The Servicer hereby makes the following representations, warranties and covenants to the Issuer, the Depositor, the Backup Servicer, the Agent and the Indenture Trustee and the Noteholders on which the Issuer and the Indenture Trustee rely in accepting the Receivables in trust and in connection with the performance by the Indenture Trustee and the Backup Servicer of their respective obligations hereunder; provided, that, notwithstanding the foregoing, no successor Servicer shall make the representations, warranties and covenants set forth in clause (a)(v) or (b)(x) below. The representations and warranties speak as of the execution and delivery of this Agreement and as of each Funding Date, but shall survive each sale of the Receivables to the Issuer and the subsequent pledge thereof to the Indenture Trustee pursuant to the Indenture:
Covenants, Representations and Warranties of the Servicer. The Servicer represents and warrants to, and covenants with, the Assignee that (a) the representations and warranties made by the Servicer under the Purchase, Sale & Servicing Agreement are true and correct in all material respects as of the date hereof and no event has occurred which, with notice or the passage of time, would constitute a default under the Purchase, Sale & Servicing Agreement, and (b) the Servicer acknowledges, agrees and consents that upon execution of this Agreement, Assignee shall become the “Purchaser” under the Purchase, Sale & Servicing Agreement, and all representations, warranties and covenants by the Servicer as the “Servicer” thereunder shall accrue to Assignee by virtue of this Agreement, with respect to the Mortgage Loans.
