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

Representations and Warranties as to Each Receivable. Transferor 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. Such representations and warranties shall survive the sale, transfer and assignment of the Receivables to Purchaser hereunder, the subsequent 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 (Wells Fargo Financial Auto Owner Trust 2005-A), Purchase Agreement (Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A)

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Representations and Warranties as to Each Receivable. The Transferor hereby makes the following representations and warranties as to each Receivable conveyed by it to the Purchaser hereunder on which the Purchaser shall rely in acquiring the Receivables. Such 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 the Purchaser hereunder, the subsequent sale, transfer and assignment of the Receivables to the Issuer under the Sale and Servicing Agreement, and the pledge thereof to the Indenture Trustee pursuant to the Indenture.

Appears in 2 contracts

Samples: Purchase Agreement (Bank One Auto Securitization LLC), Purchase Agreement (Bank One Auto Securitization Trust 2003-1)

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Representations and Warranties as to Each Receivable. Transferor hereby makes the following representations and warranties that the Purchaser is making pursuant to Section 3.1 of the Sale and Servicing Agreement as to each Receivable conveyed by it to Purchaser hereunder on which Purchaser shall rely in acquiring the Receivables. Such representations and warranties shall survive the sale, transfer and assignment of the Receivables to Purchaser hereunder, the subsequent 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 (Ace Securities Corp Rv & Marine Trust 2001-Rv1)

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