Covenants, Representations, and Warranties of Servicer. The Servicer hereby makes the following covenants to the other parties hereto and the Certificate Insurer on which the Trustee shall conclusively rely in accepting the Receivables in trust and issuing the Certificates and on which the Certificate Insurer shall rely in issuing the Policy. (a) The Servicer covenants as follows:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC), Pooling and Servicing Agreement (Painewebber Asset Acceptance Corp)
Covenants, Representations, and Warranties of Servicer. The Servicer hereby makes the following covenants to the other parties hereto covenants, representations and the Certificate Insurer warranties on which the Trustee shall conclusively rely in accepting the Receivables Contracts in trust and issuing authenticating the Certificates and on which the Certificate Insurer shall rely in issuing the PolicyCertificates.
(a) The Servicer covenants as followsto the Contracts:
(i) the Financed Vehicle securing each Contract shall not be released from the lien granted by the Contract in whole or in part, except as contemplated herein;
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Onyx Acceptance Financial Corp)
Covenants, Representations, and Warranties of Servicer. The Servicer hereby makes the following representations, warranties and covenants to the other parties hereto and the Certificate Insurer on which the Trustee Lenders shall conclusively rely in accepting making the Receivables in trust and issuing the Certificates Advances and on which the Certificate Insurer shall rely in issuing the Policy.
(a) The Servicer covenants to the Borrower, the Agent, the Investors and the Insurer as follows:
Appears in 1 contract
Samples: Receivables Financing Agreement (Acc Consumer Finance Corp)
Covenants, Representations, and Warranties of Servicer. The Servicer hereby makes the following covenants to the other parties hereto covenants, representations and the Certificate Insurer warranties on which the Trustee shall conclusively rely in accepting the Receivables Contracts in trust and issuing authenticating the Certificates and on which the Certificate Insurer shall rely in issuing the PolicyCertificates.
(a) The Servicer covenants as follows:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Onyx Acceptance Financial Corp)
