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 (Bond Securitization LLC), Purchase Agreement (Capital One Auto Receivables LLC), Purchase Agreement (Amsouth Auto Receivables LLC)

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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, 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 3 contracts

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

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

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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)

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