Common use of Representations and Warranties as to Each Receivable Clause in Contracts

Representations and Warranties as to Each Receivable. Seller hereby makes the following representations and warranties as to each Receivable conveyed by it to Purchaser hereunder on which Purchaser shall rely in acquiring the Receivables. Unless otherwise indicated, such representations and warranties shall speak as of the Closing Date, but shall survive the sale, transfer and assignment of the Receivables to Purchaser hereunder, the sale, transfer and assignment of the Receivables to Issuer under the Sale and Servicing Agreement, [and the pledge thereof to Indenture Trustee pursuant to the Indenture.]

Appears in 4 contracts

Samples: Purchase Agreement (M&i Dealer Auto Securitization LLC), Purchase Agreement (Bond Securitization LLC), Purchase Agreement (Capital One Auto Receivables LLC)

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Representations and Warranties as to Each Receivable. Each Seller hereby makes the following representations and warranties as to each Receivable conveyed by it to Purchaser hereunder on which Purchaser shall rely is relying in acquiring the Receivables. Unless otherwise indicated, such representations and warranties shall speak as of the Closing Date, but shall survive the sale, transfer and assignment of the Receivables to Purchaser hereunder, from Purchaser to Company under the sale, transfer Second Tier Receivables Purchase Agreement and assignment of the Receivables from Company to Issuer under the Sale and Servicing Agreement, [and the pledge thereof to Indenture Trustee pursuant to the Indenture.]

Appears in 2 contracts

Samples: First Tier Receivables Purchase Agreement (Compass Auto Receivables Trust 1998-A), First Tier Receivables Purchase Agreement (Asset Backed Securities Corp)

Representations and Warranties as to Each Receivable. Seller hereby makes the following representations and warranties as to each Receivable conveyed by it to Purchaser hereunder on which Purchaser shall rely in acquiring the Receivables. Unless otherwise indicated, such representations and warranties shall speak as of the Closing Date, but shall survive the sale, transfer and assignment of the Receivables to Purchaser hereunder, the sale, transfer and assignment of the Receivables to Issuer under the Sale and Servicing Agreement, [and the pledge thereof to Indenture Trustee pursuant to the Indenture.]

Appears in 2 contracts

Samples: Purchase Agreement (Key Consumer Acceptance Corp), Purchase Agreement (Wells Fargo Auto Receivables Corp)

Representations and Warranties as to Each Receivable. Seller hereby makes the following representations and warranties as to each Receivable conveyed by it to Purchaser hereunder on which Purchaser shall rely in acquiring the Receivables. Unless otherwise indicated, such representations and warranties shall speak as of the Closing Date, but shall survive the sale, transfer and assignment of the Receivables to Purchaser hereunder, the sale, transfer and assignment of the Receivables to Issuer under the Sale and Servicing Agreement, [and the pledge thereof to Indenture Trustee pursuant to the Indenture.]. (a)

Appears in 1 contract

Samples: Purchase Agreement (Amsouth Auto Corp Inc)

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Representations and Warranties as to Each Receivable. Seller hereby makes the following representations and warranties as to each Receivable conveyed by it to Purchaser hereunder on which Purchaser shall rely in acquiring the Receivables. Unless otherwise indicated, such representations and warranties shall speak as of the Closing Date, but shall survive the sale, transfer and assignment of the Receivables to Purchaser hereunder, [,] [and] the sale, transfer and assignment of the Receivables to Issuer under the Sale and Servicing Agreement, [and the pledge thereof to Indenture Trustee pursuant to the Indenture.]

Appears in 1 contract

Samples: Purchase Agreement (Bas Securitization LLC)

Representations and Warranties as to Each Receivable. Seller hereby makes the following representations and warranties as to each Receivable conveyed by it to Purchaser hereunder on which Purchaser shall rely in acquiring the ReceivablesReceivables and on which the Insurer shall rely in issuing the Policy. Unless otherwise indicated, such Such representations and warranties shall speak as of the Closing Date, but shall survive the sale, transfer and assignment of the Receivables to Purchaser hereunder, the subsequent sale, transfer and assignment of the Receivables to Issuer the Trust under the Sale and Servicing Agreement, [and the pledge thereof to Indenture Trustee pursuant to the Indenture. Such representations and warranties are made as of the Closing Date, unless otherwise noted below.]

Appears in 1 contract

Samples: Sale Agreement (UPFC Auto Receivables Trust 2007-B)

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