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

Additional Representations and Warranties of the Transferors. Each Transferor hereby makes the following representations and warranties. Such representations and warranties shall survive until the termination of this Series Supplement. Such representations and warranties speak of the date that the Collateral (as defined below) is transferred to the Trustee but shall not be waived by any of the parties to this Series Supplement unless each Rating Agency shall have notified the Transferors, the Servicer and the Trustee in writing that such waiver will not result in a reduction or withdrawal of the rating of any outstanding Series or Class to which it is a Rating Agency.

Appears in 12 contracts

Samples: Pooling and Servicing Agreement (American Express Credit Account Master Trust), Pooling and Servicing Agreement (American Express Centurion Bank), Pooling and Servicing Agreement (American Express Receivables Financing Corp Ii)

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Additional Representations and Warranties of the Transferors. Each Transferor for itself only hereby makes the following representations and warranties. Such representations and warranties shall survive until the termination of this Series Supplement. Such representations and warranties speak of the date that the Collateral (as defined below) is transferred to the Trustee but shall not be waived by any of the parties to this Series Supplement unless each Rating Agency shall have notified the Transferors, the Servicer and the Trustee in writing that such waiver will not result in a reduction or withdrawal of the rating of any outstanding Series or Class to which it is a Rating Agency.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (American Express Master Trust), Pooling and Servicing Agreement (American Express Centurion Bank), Pooling and Servicing Agreement (American Express Receivables Financing Corp)

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