ADDITIONAL REPRESENTATIONS AND WARRANTIES CONCERNING SELLER Sample Clauses

ADDITIONAL REPRESENTATIONS AND WARRANTIES CONCERNING SELLER. Seller represents and warrants as of the Effective Date and as of each Acquisition Date as follows: Seller meets all of the eligibility requirements set forth in the Seller Guide for participation in the CL Program and is currently approved by CL to participate in the CL Program.
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ADDITIONAL REPRESENTATIONS AND WARRANTIES CONCERNING SELLER. Seller further represents and warrants that, as of the date Buyer funds the Purchase Price for each Interest (1) Seller is a California Corporation, validly existing and in good standing under the laws of the State of California; (2) Seller has and has had at all relevant times all requisite corporate power, licenses, permits and governmental authorizations or approvals granted by any federal, state or local government or quasi-governmental body or any agency or instrumentality thereof, necessary to permit Seller to originate and to own loans, and Seller is and has been at all relevant times duly licensed and qualified to transact business in each state in which it is transacting business; (3) Seller has all requisite corporate power, authority and capacity to execute and enter into this Agreement and to perform the obligations required of Seller hereunder and under the other documents, INSTRUMENTS and agreements required to be executed by Seller pursuant hereto; (4) the execution and delivery of this Agreement and all documents, instruments and agreements required to be executed and delivered by Seller pursuant hereto and thereto, and the consummation of the transaction contemplated hereby and thereby, have each been duly and validly authorized by all necessary corporate action; (5) this Agreement constitutes the valid and legally binding agreement of Seller enforceable against Seller in accordance with its terms (subject to bankruptcy, insolvency, reorganization, receivership or other laws affecting rights of creditors generally and by general equitable principles including, without limitation, those respecting the availability of specific performance); (6) no offset, counterclaim or defense exists to the full performance by Seller of this Agreement, and no such offset, counterclaim or defense has been asserted; (7) the execution, delivery and performance of this Agreement by Seller are in compliance with the terms hereof and consummation of the transaction contemplated hereby will not violate, conflict with, result in a breach of give rise to any right of termination, cancellation or acceleration, constitute a default under, be prohibited by, or require any additional approval under (i) Seller's certificate of incorporation or bylaws, (ii) any material instrument or agreement to which Seller is a party or by which Seller is bound or which affects the Loans, or (iii) any law, rule, regulation, ordinance, injunction or decree applicable to Seller or to th...
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ADDITIONAL REPRESENTATIONS AND WARRANTIES CONCERNING SELLER. The Seller represents and warrants to the Purchaser that the statements contained in this Section 6 are true and correct as of the Closing Date:
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Related to ADDITIONAL REPRESENTATIONS AND WARRANTIES CONCERNING SELLER

  • Representations and Warranties Concerning the Purchaser As of the date hereof and as of the Closing Date, the Purchaser represents and warrants to the Mortgage Loan Seller as follows:

  • Representations and Warranties Concerning the Mortgage Loan Seller As of the date hereof and as of the Closing Date, the Mortgage Loan Seller represents and warrants to the Purchaser as to itself in the capacity indicated as follows:

  • Representations and Warranties Concerning the Mortgage Loans The Indenture Trustee, as pledgee of the Mortgage Loans, has the benefit of the representations and warranties made by the Seller in Section [____] and Section [____] of the Mortgage Loan Purchase Agreement concerning the Mortgage Loans and the right to enforce the remedies against the Seller provided in such Section [____] or Section [____] to the same extent as though such representations and warranties were made directly to the Indenture Trustee.

  • Representations and Warranties Concerning the Seller As of the date hereof and as of the Closing Date, the Seller represents and warrants to the Purchaser as to itself in the capacity indicated as follows:

  • REPRESENTATIONS AND WARRANTIES CONCERNING THE COMPANY The Company and Seller jointly and severally represent and warrant to the Purchaser that the statements contained in this Section 5 are correct and complete as of the date of this Agreement and will be correct and complete as of the Closing Date (as though made then and as though the Closing Date were substituted for the date of this Agreement throughout this Section 5).

  • Representations and Warranties Concerning the Depositor The Depositor hereby represents and warrants to the Trustee, the Master Servicer and the Securities Administrator as follows:

  • Representations and Warranties Concerning the Transaction (a) Representations and Warranties of the Seller (b) Representations and Warranties of the Buyer

  • Additional Representations and Warranties of the Seller (a) The Seller shall be deemed to represent to the Purchaser and to any Depositor, as of the date on which information is first provided to the Purchaser or any Depositor under Subsection 34.03 that, except as disclosed in writing to the Purchaser or such Depositor prior to such date: (i) the Seller is not aware and has not received notice that any default, early amortization or other performance triggering event has occurred as to any other securitization due to any act or failure to act of the Seller; (ii) the Interim Servicer has not been terminated as servicer in a residential mortgage loan securitization, either due to a servicing default or to application of a servicing performance test or trigger; (iii) no material noncompliance with the applicable servicing criteria with respect to other securitizations of residential mortgage loans involving the Interim Servicer as servicer has been disclosed or reported by the Seller; (iv) no material changes to the Interim Servicer's policies or procedures with respect to the servicing function it will perform under the Interim Servicing Agreement and any Reconstitution Agreement for mortgage loans of a type similar to the Mortgage Loans have occurred during the three-year period immediately preceding the related Securitization Transaction; (v) there are no aspects of the Interim Servicer's financial condition that could have a material adverse effect on the performance by the Interim Servicer of its servicing obligations under the Interim Servicing Agreement or any Reconstitution Agreement; (vi) there are no material legal or governmental proceedings pending (or known to be contemplated) against the Seller, Interim Servicer, any Subservicer or any Third-Party Originator; and (vii) there are no affiliations, relationships or transactions relating to the Seller, Interim Servicer, any Subservicer or any Third-Party Originator with respect to any Securitization Transaction and any party thereto identified by the related Depositor of a type described in Item 1119 of Regulation AB.

  • REPRESENTATIONS AND WARRANTIES REGARDING SELLER Seller represents and warrants, as of the execution and delivery of this Agreement and as of the Closing Date, that:

  • Representations and Warranties of the Owner The Owner, as a condition to the consummation of the transactions contemplated hereby, makes the following representations and warranties to the Servicer as of each Closing Date:

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