Common use of Limited Representations or Warranties of the Owner Trustee Clause in Contracts

Limited Representations or Warranties of the Owner Trustee. Neither the [Bank] nor the Owner Trustee makes (i) any representation or warranty, either express or implied, as to the title to or value of the Mortgage Loans, and (ii) any representation or warranty as to the validity or enforceability of any Operative Agreement except as set forth below or as to the accuracy of any statement made by a Person other than the [Bank] or the Owner Trustee contained in any Operative Agreement. The [Bank] represents, warrants and covenants to and for the benefit of the Depositor, the Indenture Trustee (for the benefit of the Bondholders) and the Certificateholders that:

Appears in 3 contracts

Samples: Deposit Trust Agreement (Imperial Credit Commercial Mortgage Acceptance Corp), Deposit Trust Agreement (Criimi Mae CMBS Corp), Deposit Trust Agreement (Criimi Mae CMBS Corp)

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Limited Representations or Warranties of the Owner Trustee. Neither the [Bank] Bank nor the Owner Trustee makes (i) any representation or warranty, either express or implied, as to the title to or value of the Mortgage Loans, and (ii) any representation or warranty as to the validity or enforceability of any of the Operative Agreement Agreements except as set forth below below, or (iii) any representation or warranty as to the accuracy of any statement made by a Person other than the [Bank] or the Owner Trustee Bank contained in any of the Operative AgreementAgreements. The [Bank] Bank represents, warrants and covenants to and for the benefit of the Depositor, the Indenture Trustee (for the benefit of the Bondholders) and the Certificateholders Ownership Certificateholder that:

Appears in 1 contract

Samples: Deposit Trust Agreement (Collateralized Mortgage Bonds Series 1999 1)

Limited Representations or Warranties of the Owner Trustee. Neither the [Bank] Bank nor the Owner Trustee makes (i) any representation or warranty, either express or implied, as to the title to or value of the Mortgage LoansPledged Certificates, and (ii) any representation or warranty as to the validity or enforceability of any Operative Agreement except as set forth below or as to the accuracy correctness of any statement made by a Person person or entity other than the [Bank] Bank or the Owner Trustee contained in any Operative Agreement. The [Bank] Bank represents, warrants and covenants to and for the benefit of the Depositor, the Indenture Trustee (for the benefit of the Bondholders) Bondholders and the Certificateholders that:

Appears in 1 contract

Samples: Deposit Trust Agreement (Criimi Mae Inc)

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Limited Representations or Warranties of the Owner Trustee. Neither the [Bank] Bank nor the Owner Trustee makes (i) any representation or warranty, either express or implied, as to the title to or value of the Mortgage LoansPledged Securities, and (ii) any representation or warranty as to the validity or enforceability of any Operative Agreement except as set forth below or as to the accuracy correctness of any statement made by a Person person or entity other than the [Bank] Bank or the Owner Trustee contained in any Operative Agreement. The [Bank] Bank represents, warrants and covenants to and for the benefit of the Depositor, the Indenture Trustee (for the benefit of the Bondholders) Bondholders and the Certificateholders that:

Appears in 1 contract

Samples: Deposit Trust Agreement (Criimi Mae Inc)

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