Common use of Covenants, Representations and Warranties of the Servicer Clause in Contracts

Covenants, Representations and Warranties of the Servicer. As of the Initial Closing Date with respect to the Initial Receivables and as of each Subsequent Closing Date with respect to the Additional Receivables purchased on each such Subsequent Closing Date, the Servicer hereby makes the following representations, warranties and covenants on which XXXX relies in accepting the Receivables hereunder and pursuant to the related First Step Receivables Assignment, and on which the Issuing Entity shall rely in accepting such Receivables and executing and delivering the Securities under the Further Transfer and Servicing Agreements.

Appears in 22 contracts

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-4), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-4), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-3)

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Covenants, Representations and Warranties of the Servicer. As of the [Initial Closing Date with respect to the Initial Receivables and as of each Subsequent Closing Date with respect to the Additional Receivables purchased on each such Subsequent Subsequent] Closing Date, the Servicer hereby makes the following representations, warranties and covenants on which XXXX relies in accepting the Receivables hereunder and pursuant to the related First Step Receivables Assignment, and on which the Issuing Entity shall rely in accepting such Receivables and executing and delivering the Securities under the Further Transfer and Servicing Agreements.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Capital Auto Receivables LLC), Pooling and Servicing Agreement (Capital Auto Receivables LLC), Pooling and Servicing Agreement (Capital Auto Receivables LLC)

Covenants, Representations and Warranties of the Servicer. As of the [Initial Closing Date with respect to the Initial Receivables and as of each Subsequent Closing Date with respect to the Additional Receivables purchased on each such Subsequent Subsequent] Closing Date, the Servicer hereby makes the following representations, warranties and covenants on which XXXX CXXX relies in accepting the Receivables hereunder and pursuant to the related First Step Receivables Assignment, and on which the Issuing Entity shall rely in accepting such Receivables and executing and delivering the Securities under the Further Transfer and Servicing Agreements.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital Auto Receivables LLC)

Covenants, Representations and Warranties of the Servicer. As of the [Initial Closing Date with respect to the Initial Receivables and as of each Subsequent Closing Date with respect to the Additional Receivables purchased on each such Subsequent Subsequent] Closing Date, the Servicer hereby makes the following representations, warranties and covenants on which XXXX Ally Auto relies in accepting the Receivables hereunder and pursuant to the related First Step Receivables Assignment, and on which the Issuing Entity shall rely in accepting such Receivables and executing and delivering the Securities under the Further Transfer and Servicing Agreements.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ally Auto Assets LLC)

Covenants, Representations and Warranties of the Servicer. As of the Initial Closing Date with respect to the Initial Receivables and as of each Subsequent Additional Closing Date with respect to the Additional Receivables purchased on each such Subsequent Additional Closing Date, the Servicer hereby makes the following representations, warranties and covenants on which XXXX CARI relies in accepting the Receivables hereunder and pursuant to the related First thx Xxrst Step Receivables AssignmentAssignments, and on which the Issuing Entity Issuer shall rely in accepting such Receivables and executing and delivering the Securities under the Further Transfer and Servicing Agreements.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Inc)

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Covenants, Representations and Warranties of the Servicer. As of the Initial Closing Date with respect to the Initial Receivables and as of each Subsequent Additional Closing Date with respect to the Additional Receivables purchased on each such Subsequent Additional Closing Date, the Servicer hereby makes the following representations, warranties and covenants on which XXXX relies in accepting the Receivables hereunder and pursuant to the related First Step Receivables AssignmentAssignments, and on which the Issuing Entity Issuer shall rely in accepting such Receivables and executing and delivering the Securities under the Further Second Step Transfer and Servicing Agreements.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Inc)

Covenants, Representations and Warranties of the Servicer. As of the Initial Closing Date with respect to the Initial Receivables and as of each Subsequent Additional Closing Date with respect to the Additional Receivables purchased on each such Subsequent Additional Closing Date, the Servicer hereby makes the following representations, warranties and covenants on which XXXX relies in accepting the Receivables hereunder and pursuant to the related First Step Receivables AssignmentAssignments, and on which the Issuing Entity Issuer shall rely in accepting such Receivables and executing and delivering the Securities under the Further Transfer and Servicing Agreements.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Inc)

Covenants, Representations and Warranties of the Servicer. As of the Initial Closing Date with respect to the Initial Receivables and as of each Subsequent Closing Date with respect to the Additional Receivables purchased on each such Subsequent Closing Date, the Servicer hereby makes the following representations, warranties and covenants on which XXXX relies in accepting the Receivables hereunder and pursuant to the related First Step Receivables Assignment, and on which the Issuing Entity Issuer shall rely in accepting such Receivables and executing and delivering the Securities under the Further Transfer and Servicing Agreements.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2004-2)

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