Common use of Additional Representations and Warranties of the Custodian Clause in Contracts

Additional Representations and Warranties of the Custodian. (a) The Custodian shall be deemed to represent to the Purchaser as of the date hereof and on each date on which information is provided to the Purchaser under Section 33.03 that, except as disclosed in writing to the Purchaser prior to such date: (i) the Custodian is in compliance with all of the requirements set forth in Section 28 hereof; (ii) there are no material legal or governmental proceedings pending (or known to be contemplated) against it of the type described in Item 1117 of Regulation AB; and (iii) there are no affiliations, relationships or transactions of the type described in Item 1119 of Regulation AB relating to the Custodian with respect to the Purchaser or any sponsor, issuing entity, servicer, trustee, originator, significant obligor, enhancement or support provider or other material transaction party (as such terms are used in Regulation AB) relating to the Securitization Transaction contemplated by the Agreement, as identified by the Purchaser to the Custodian in writing as of the Closing Date (each, a "Transaction Party").

Appears in 8 contracts

Samples: Custodial Agreement (Morgan Stanley Mortgage Loan Trust 2006-7), Custodial Agreement (Morgan Stanley Mortgage Loan Trust 2006-9ar), Custodial Agreement (Morgan Stanley Mortgage Loan Trust 2006-8ar)

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