Common use of REPRESENTATIONS, WARRANTIES AND COVENANTS OF SELLER AND PURCHASER Clause in Contracts

REPRESENTATIONS, WARRANTIES AND COVENANTS OF SELLER AND PURCHASER. 4.1 To induce Purchaser to enter into this Agreement, Seller hereby makes for the benefit of Purchaser and its assigns with respect to each Mortgage Loan and the 000 00xx Xxxxxx XX Xxxxx X Note as of the date hereof (or as of such other date specifically set forth in the particular representation and warranty) each of the representations and warranties set forth on Exhibit 2 hereto (except as otherwise set forth on Schedule 2-A attached to such Exhibit 2 and except that with respect to the 000 00xx Xxxxxx XX Trust B Note, (i) each reference to a “Mortgage Loan” in Exhibit 2 shall refer to such B Note and (ii) each reference to the Master Servicing Fee Rate, Note Rate and Cut-off Date Balance with respect to such B Note set forth on the Mortgage Loan Schedule shall mean 0.0225% per annum, 3.16633333% per annum and $30,000,000, respectively), and hereby further represents, warrants and covenants to Purchaser as of the date hereof that:

Appears in 2 contracts

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C21), Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C21)

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REPRESENTATIONS, WARRANTIES AND COVENANTS OF SELLER AND PURCHASER. 4.1 To induce Purchaser to enter into this Agreement, Seller hereby makes for the benefit of Purchaser and its assigns with respect to each Mortgage Loan and the 000 00xx Xxxxxx XX Xxxxx X Xxxxxxx Square B Note as of the date hereof (or as of such other date specifically set forth in the particular representation and warranty) each of the representations and warranties set forth on Exhibit 2 hereto (except as otherwise set forth on Schedule 2-A attached to such Exhibit 2 and except that with respect to the 000 00xx Xxxxxx XX Trust Xxxxxxx Square B Note, (i) each reference to a “Mortgage Loan” in Exhibit 2 shall refer to such B Note and (ii) each reference to the Master Servicing Fee Rate, Note Rate and Cut-off Off Date Balance with respect to such B Note set forth on the Mortgage Loan Schedule shall mean 0.02250.0050% per annum, 3.166333335.0656667% per annum and $30,000,00015,000,000, respectively), and hereby further represents, warrants and covenants to Purchaser as of the date hereof that:

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2015-C27)

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REPRESENTATIONS, WARRANTIES AND COVENANTS OF SELLER AND PURCHASER. 4.1 To induce Purchaser to enter into this Agreement, Seller hereby makes for the benefit of Purchaser and its assigns with respect to each Mortgage Loan and the 000 00xx Xxxxxx XX Xxxxx XxXxxxx X Note as of the date hereof (or as of such other date specifically set forth in the particular representation and warranty) each of the representations and warranties set forth on Exhibit 2 hereto (except as otherwise set forth on Schedule 2-A attached to such Exhibit 2 and except that with respect to the 000 00xx Xxxxxx XX Trust B Xxxxx XxXxxxx X Note, (i) each reference to a “Mortgage Loan” in Exhibit 2 shall refer to such B Note and (ii) each reference to the Master Servicing Fee Rate, Note Rate and Cut-off Date Balance with respect to such B Note set forth on the Mortgage Loan Schedule shall mean 0.02250.05% per annum, 3.166333334.39837% per annum and $30,000,000244,400,000, respectively), and hereby further represents, warrants and covenants to Purchaser as of the date hereof that:

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18)

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