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

Representations and Warranties as to Each Receivable. The Seller hereby makes the following representations and warranties as to each Receivable on which Trustee shall rely in accepting the Trust Property in trust and authenticating the Certificates. 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 and the other Trust Property to the Trust.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Bas Securitization LLC), Pooling and Servicing Agreement (Lehman Brothers Asset Securitization LLC), Pooling and Servicing Agreement (Bas Securitization LLC)

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Representations and Warranties as to Each Receivable. The Seller hereby makes the following representations and warranties as to each Receivable conveyed by it to the Trust hereunder on which Trustee shall rely in accepting the Trust Property in trust and authenticating the Certificates. 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 and the other Trust Property to the Trust.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Amsouth Auto Corp Inc), Pooling and Servicing Agreement (Key Consumer Acceptance Corp)

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Representations and Warranties as to Each Receivable. The Seller hereby makes the following representations and warranties as to each Receivable conveyed by the Seller to the Trustee hereunder on which the Trustee shall conclusively rely in accepting the Trust Property in trust on behalf of the Trust and authenticating the Certificates. Unless otherwise indicated, such representations and warranties shall speak are being made as of the Closing Dateexecution and delivery of this Agreement, but shall survive the sale, transfer and assignment of the Receivables and the other Trust Property to the Trustee on behalf of the Trust.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bank One Texas National Association)

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