Covenants of the Originator Vi
Covenants of the Originator Vi Sample Clauses
Related to Covenants of the Originator Vi
Covenants of the Originator The Originator hereby covenants that except for the transfer hereunder, neither the Originator nor the Seller will sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; the Originator will notify the Trustee, as assignee of the Purchaser, of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof, and the Originator will defend the right, title and interest of the Trust, as assignee of the Purchaser, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Originator or the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Originator or the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Originator or the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.
COVENANTS OF THE DEBTOR So long as this Security Agreement remains in effect Debtor covenants and agrees:
Covenants of the Vendor The Vendor covenants and agrees with the Purchaser as follows:
Covenants of the Transferor The Transferor hereby covenants that:
COVENANTS OF THE STOCKHOLDER Section 1.01.
Covenants of the Bank The Bank covenants and agrees with the Underwriters that:
Representations, Warranties and Covenants of the Mortgage Loan Seller (a) The Mortgage Loan Seller hereby makes, as of the date hereof (or as of such other date specifically provided in the particular representation or warranty), to and for the benefit of the Purchaser, each of the representations and warranties set forth in Exhibit D with respect to each Mortgage Loan, subject to the exceptions set forth in Schedule D-1 to Exhibit D.
Negative Covenants of the Seller From the date hereof until the Collection Date:
COVENANTS OF DEBTOR Debtor hereby covenants and agrees as follows:
Covenants of the Purchaser The Purchaser covenants and agrees with the Company as follows:
