Eligibility of Loan Assets. As of each Purchase Date, (i) Schedule I is an accurate and complete listing of all the Sale Portfolio as of the related Cut—Off Date and the information contained therein with respect to the identity of such Sale Portfolio and the amounts owing thereunder is true and correct as of the related Cut—Off Date, (ii) each item of the Sale Portfolio Purchased by the Purchaser hereunder is an Eligible Loan Asset, and (iii) with respect to each item of the Sale Portfolio all consents, licenses, approvals or authorizations of or registrations or declarations of any Governmental Authority or any Person required to be obtained, effected or given by the Seller in connection with the transfer of an ownership interest or security interest in each item of Sale Portfolio to the Purchaser have been duly obtained, effected or given and are in full force and effect.
Eligibility of Loan Assets. With respect to any Transferred Asset transferred hereunder, as of the Closing Date or the Conveyance Date, as applicable, the information in Schedule A with respect to such Loan Asset is true, correct and complete.
Eligibility of Loan Assets. As of each Purchase Date, (i) Schedule I is an accurate and complete listing of all the Sale Portfolio as of the related Cut—Off Date and the information contained therein with respect to the identity of such Sale Portfolio and the amounts owing thereunder is true and correct as of the related Cut—Off Date, (ii) each item of the Sale Portfolio Purchased by the Purchaser hereunder is an Eligible Loan Asset, and (iii) with respect to each item of the Sale Portfolio all consents, licenses, approvals or authorizations of or registrations or declarations of any Governmental Authority or any Person required to be obtained, effected or given by the Seller in connection with the transfer of an ownership interest or security interest in each item of Sale Portfolio to the Purchaser have been duly obtained, effected or given and are in full force and effect. For the avoidance of doubt, any inaccurate representation that a Loan Asset is an Eligible Loan Asset hereunder shall not constitute an Event of Default if the Seller complies with Section 6.1 of this Agreement.
Eligibility of Loan Assets. (i) The information contained in the Schedule of Loan Assets (in the case of the Closing Date), the information contained in the related Borrower Notice (in the case of a Funding Date or other date on which a Borrower Notice is delivered hereunder) or the information contained in the related Monthly Report (in the case of a Reporting Date), as applicable, with respect to the identity of such Loan Assets and the amounts owing thereunder is true and correct in all material respects as of the applicable date and (ii) each Loan Asset listed thereon or otherwise included in the calculation of the Borrowing Base as an Eligible Loan Asset satisfies the requirements in the definition of “Eligible Loan Asset” as of the applicable date.
Eligibility of Loan Assets. As of the Cut-Off Date and the date such Loan Asset is purchased, such Loan Asset meets all of the applicable Eligibility Criteria (unless otherwise consented to by the Administrative Agent) and, except as otherwise permitted under the Loan and Servicing Agreement, the Concentration Limitations shall be satisfied (unless otherwise consented to by the Administrative Agent).
