Common use of Eligible Loans Clause in Contracts

Eligible Loans. The Issuer hereby represents and warrants to the Trustee and the Collateral Agent that each of the Pledged Loans is an Eligible Loan. For purposes of this Indenture, the term “Eligible Loan” means a Loan purchased by the Issuer under the Term Purchase Agreement which has the following characteristics as of the Cut-Off Date:

Appears in 5 contracts

Samples: Indenture and Servicing Agreement (Cendant Corp), Indenture and Servicing Agreement (Wyndham Worldwide Corp), Indenture and Servicing Agreement (Wyndham Worldwide Corp)

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Eligible Loans. The Issuer hereby represents and warrants to the Trustee and the Collateral Agent that each of the Pledged Loans is an Eligible Loan. For purposes of this IndentureAgreement, the term “Eligible Loan” means a Loan purchased by the Issuer under the Series 2003-1 Term Purchase Agreement which has the following characteristics as of the Cut-Off Date:

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Cendant Corp)

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Eligible Loans. The Issuer hereby represents and warrants to the Trustee and the Collateral Agent that each of the Pledged Loans is an Eligible Loan. For purposes of this Indenture, the term "Eligible Loan" means a Loan purchased by the Issuer under the Series 2003-2 Term Purchase Agreement which has the following characteristics as of the Cut-Off Date:

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Cendant Corp)

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