Common use of Actions Affecting Representations Clause in Contracts

Actions Affecting Representations. Party B agrees not to take any action during the term of this Agreement or any Transaction hereunder that renders or could render any of the representations and warranties in this Agreement untrue, incorrect, or incomplete, and if any event or condition occurs that renders or could render any such representation untrue, incorrect, or incomplete, Party B will immediately give written notice thereof to Party A.

Appears in 41 contracts

Samples: Isda Master Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2007-4), Isda Master Agreement (Lehman XS Trust Series 2007-16n), Isda Master Agreement (HarborView 2007-7)

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Actions Affecting Representations. Party B agrees not to take any action during the term of this Agreement or any Transaction hereunder that renders or could render any of the representations and warranties in this Agreement untrue, incorrect, or incomplete, and if any event or condition occurs that renders or could render any such representation untrue, incorrect, or incomplete, Party B will immediately give written notice thereof to Party A.A. (e)

Appears in 26 contracts

Samples: Isda Master Agreement (First Franklin Mortgage Loan Trust 2006-Ff2), Isda Master Agreement (First Franklin Mortgage Loan Trust 2005-Ff10), Isda Master Agreement (Structured Asset Securities Corp 2005-Ar1)

Actions Affecting Representations. Party B agrees not to take any action during the term of this Agreement or any Transaction hereunder that renders or could render any of the representations and warranties in this Agreement untrue, incorrect, or incomplete, and and, if any event or condition occurs that renders or could render any such representation untrue, incorrect, or incomplete, Party B will immediately give written notice thereof to Party A.

Appears in 18 contracts

Samples: Swap Schedule (Asset Backed Securities Corp Home Equity Loan Trust, Series RFC 2007-He1), Swap Schedule (Credit Suisse First Boston Mortgage Securities Corp), Pooling and Servicing Agreement (Home Equity Mortgage Trust 2005-5)

Actions Affecting Representations. Party B agrees not to take any action during the term of this Agreement or any Transaction hereunder that renders or could render any of the representations and warranties in this Agreement untrue, incorrect, or incomplete, and if any event or condition occurs that renders or could render any such representation untrue, incorrect, or incomplete, Party B will immediately give written notice thereof to Party A.A. (f)

Appears in 4 contracts

Samples: Isda Master Agreement (Sail 2006-Bnc2), Isda Master Agreement (Lehman XS Trust 2006-9), Isda Master Agreement (Sail 2006-Bnc2)

Actions Affecting Representations. Party B agrees not to take any action during the term of this Agreement or any Transaction hereunder that renders or could render any of the representations and warranties in this Agreement untrue, incorrect, or incomplete, and and, if any event or condition occurs that renders or could render any such representation untrue, incorrect, or incomplete, Party B will immediately give written notice thereof to Party A.A. (e)

Appears in 3 contracts

Samples: Swap Schedule (Home Equity Asset Trust 2006-7), Isda Master Agreement (BancCap Asset Securitization Issuance Corp, BASIC Asset Backed Securities Trust 2006-1, Mortgage Pass-Through Certificates, Series 2006-1), Swap Schedule (Saxon Asset Securities Trust 2006-2)

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Actions Affecting Representations. Party B agrees not to take any action during the term of this Agreement or any Transaction hereunder that renders or could render any of the representations and warranties in this Agreement untrue, incorrect, or incomplete, and if any event or condition occurs that renders or could render any such representation untrue, incorrect, or incomplete, Party B will immediately give written notice thereof to Party A. (e) SECTION 1(C). For purposes of Section 1(c) of the Agreement, this Transaction shall be the sole Transaction under the Agreement.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Securities Inc. Series 2005-R3), Pooling and Servicing Agreement (Ameriquest Mortgage Securities Inc. Series 2005-R3)

Actions Affecting Representations. Party B agrees not to take any action during the term of this Agreement or any Transaction hereunder that renders or could render any of the representations and warranties in this Agreement untrue, incorrect, or incomplete, and and, if any event or condition occurs that renders or could render any such representation untrue, incorrect, or incomplete, Party B will immediately give written notice thereof to Party A.A upon obtaining actual knowledge of such action.

Appears in 1 contract

Samples: Swap Schedule (Asset Backed Securities CORP Home Equity Loan Trust, Series AMQ 2007-He2)

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