Originators’ Representations and Warranties. The Originator represents and warrants to the Purchaser, the Agent, the Class Agents and the Investors, as to itself, that, on the Closing Date and on each date that Receivables are transferred by it pursuant to Section 2.1:
Originators’ Representations and Warranties. The Originator hereby represents and warrants to, and agrees with, the Owner Trustee as of the Closing Date and on each Transfer Date, that:
Originators’ Representations and Warranties. The representations and warranties set forth in Section 3.02, Section 3.03, Section 3.04 and Section 3.05 are true and correct.
Originators’ Representations and Warranties. Each Originator hereby represents and warrants, individually and in its capacity as Sub-Servicer, to the Buyer and its assigns that:
Originators’ Representations and Warranties. (a) The Originator hereby makes each of the representations and warranties to the Depositor as of the Closing Date and as of each Transfer Date as are set forth in Section 3.02 of the Sale and Servicing Agreement.
(b) The Originator further hereby makes each of the representations and warranties set forth in Section 3.03 of the Sale and Servicing Agreement as of the Closing Date with respect to the Assigned Assets conveyed on the Closing Date, if any, and as of each Transfer Date with respect to the Assigned Assets conveyed on each Transfer Date.
(c) Except as otherwise expressly set forth in the Basic Documents, it is understood and agreed that the representations and warranties set forth in this Section 3.01 shall survive delivery of the respective Loan Documents and Loan Files to the Collateral Custodian (as the designated agent of the Indenture Trustee) and shall inure to the benefit of the Securityholders, the Depositor, the Servicer, the Backup Servicer, the Indenture Trustee and the Issuer. Upon the discovery by the Servicer, the Backup Servicer, the Collateral Custodian, the Indenture Trustee, the Originator, the Depositor or any Securityholder of a breach of any of the representations and warranties of the Originator set forth in Section 3.02 or 3.03 of the Sale and Servicing Agreement that materially and adversely affects the value of any of the Assigned Assets or Purchased Assets or the interests of the Securityholders in any Collateral or the Securities with respect to which such representation or warranty is made, any party discovering such breach shall give prompt written notice to the others.
Originators’ Representations and Warranties. Originator hereby represents and warrants to Lender as follows upon Originator’s execution hereof and with respect to each loan submitted to Lender by Originator:
(a) To the best of Originator’s knowledge, no statement or representation made or document submitted to Lender in connection with this Agreement or any Application is untrue, inaccurate, incomplete or misleading in any respect whatsoever, and Originator will immediately report to Lender any known or believed to be false, inaccurate, altered or forged statement, representation or document which may come to its attention. The statements and representations in this Agreement and all Applications submitted to Lender are made on an on-going basis and shall be true, complete and accurate throughout the term of this Agreement. All documents furnished to Lender have been prepared and executed and copies delivered as required by law and are completed, signed and initialed and all signatures and initials are authorized and genuine.
(b) To the best of Originator’s knowledge there is no current, pending or threatened bankruptcy, foreclosure, or other litigation pending or threatened against any Applicant or related to the property securing any Applicant’s loan, except as Originator advises Lender in writing at the time of delivery of the affected Application to Lender.
(c) There will be no claims or defenses to repayment of any loan brokered to Lender under this Agreement by reason of any act or omission of Originator or its directors, officers, agents or employees.
(d) Originator has no adverse information concerning any Applicant which it has not communicated to Lender. Originator has disclosed to Lender in writing any personal or financial involvement of Originator in the transactions associated with or relating to each loan.
(e) Originator is knowledgeable in all aspects of consumer lending and with respect to all duties, obligations, limitations, and requirements imposed upon Originator under all applicable Legal Requirements.
(f) Originator has complied with all terms and conditions of this Agreement, and all Legal Requirements applicable to Originator, both generally and in Originator’s handling of each Application and the preparation of the related documents and materials who respect to each loan.
(g) Under and according to the laws of all jurisdictions in which Originator is undertaking the transactions contemplated by or affected by the Agreement, Originator and each of its employees, agents and in...
Originators’ Representations and Warranties. As of each Purchase Date, the Originator represents and warrants to the Buyer for the benefit of the Buyer and each of its successors and assigns that:
Originators’ Representations and Warranties. The representations and warranties set forth in Section 3.02, Section 3.03, Section 3.04 and Section 3.05 of this Agreement and of the OCAI Transfer Agreement are true and correct.
Originators’ Representations and Warranties. To induce MRFC to purchase the Sold Receivables and to acquire the Contributed Receivables, each Originator severally represents and warrants to MRFC as of the related Originator Effective Date and on each Business Day on which Receivables are sold or contributed hereunder by it with respect to itself (each of which shall survive the execution and delivery of this Purchase Agreement):
