Assignment of Representations and Warranties Sample Clauses

Assignment of Representations and Warranties. The Servicer agrees that each of the Trustee and, if applicable, Trust Administrator may, at any time, assign the representations and warranties given by the Servicer as set forth in this Article 5 which it then possesses, in whole or in part, or an undivided interest therein, to one or more Persons.
AutoNDA by SimpleDocs
Assignment of Representations and Warranties. The Issuer hereby assigns to the Trustee its rights relating to the Pledged Loans under the Depositor Purchase Agreement including the rights assigned to the Issuer by the Depositor to payment due from the related Seller, or if applicable the related Approved Seller, for repurchases of Defective Loans (as such term is defined in the applicable Seller Purchase Agreement) resulting from the breach of representations and warranties under the applicable Seller Purchase Agreement or Approved Sale Agreement.
Assignment of Representations and Warranties. The Issuer hereby assigns to the Trustee and the Collateral Agent all of its rights relating to the Pledged Loans and related Pledged Assets under the Term Purchase Agreement including the rights assigned to the Issuer by the Depositor of the Depositor’s rights to payment due from the related Seller for repurchases of Defective Loans (as such term is defined in such Purchase Agreement) resulting from the breach of representations and warranties under such Purchase Agreement and the Depositor’s rights under the First Guaranty Agreement.
Assignment of Representations and Warranties. If Purchaser sells the Fiberglass Plant within one year from the Closing Date, Seller agrees that Purchaser shall have the right to assign all of Purchaser's rights and interest in the representations and warranties of Seller in this Agreement to the effect that such representations and warranties were made by Seller directly to such purchaser, subject to the limitations set forth herein.
Assignment of Representations and Warranties. Pursuant to Section 2.01 of this Agreement, the Seller has sold, assigned, transferred and conveyed to the Trust as part of the assets of the Trust, its rights under the Receivables Purchase Agreement, including the representations, warranties and covenants of TFC therein as set forth in Exhibit D with respect to the Conveyed Assets transferred by it. TFC has acknowledged under the Receivables Purchase Agreement, and the Seller acknowledges that the Trust is relying on such representations and warranties in accepting the Conveyed Assets, together with all rights of the Seller with respect to any breach thereof, including the right to require TFC to make a Deemed Collection Payment with respect to or reallocate, as the case may be, any Conveyed Assets in accordance with the Basic Documents. It is understood and agreed that the representations and warranties referred to in this Section 2.4 shall survive the sale and delivery of the Conveyed Assets to the Trust.
Assignment of Representations and Warranties. Section 5.1 Representations and Warranties of the Issuer 61 Section 5.2 Eligible Loans 61
Assignment of Representations and Warranties. An Assignment of Representations and Warranties executed by Front Royal in favor of Lender and acknowledged by the Front Royal Transaction Seller, dated as of the date hereof substantially in the form of Exhibit F.
AutoNDA by SimpleDocs
Assignment of Representations and Warranties. ... Section 5.2
Assignment of Representations and Warranties. The FBI Assignment of Representations and Warranties executed by Holdings in favor of Agent, for its benefit and the benefit of the Lenders and consented to by the FBI Seller;
Assignment of Representations and Warranties. Devonian was recently organized and has conducted no other business except (i) those activities associated with its organization; (ii) activities related to a private placement of its securities; and (iii) activities related to the acquisition of all of the outstanding membership interests of ORL pursuant to a Member Interest Purchase Agreement, dated as of March 8, 2013 by and among Devonian, ORL and the Members of ORL (the “ORL Purchase Agreement”). The representations and warranties made by ORL and the members of ORL in the ORL Purchase Agreement are true and correct as of the date hereof.
Time is Money Join Law Insider Premium to draft better contracts faster.