REPRESENTATIONS AND WARRANTIES AS TO MORTGAGE LOANS AND SERVICING Sample Clauses

REPRESENTATIONS AND WARRANTIES AS TO MORTGAGE LOANS AND SERVICING. As further inducement to Purchaser to enter into this Agreement, Seller represents and warrants to Purchaser, as of each Assignment Date (or as of the date specified below, as applicable), as follows:
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REPRESENTATIONS AND WARRANTIES AS TO MORTGAGE LOANS AND SERVICING. 27 Section 6.01 Servicing Agreements; Applicable Laws 28 Section 6.02 Related Escrow Accounts 28 Section 6.03 No Purchaser Responsibility 28 Section 6.04 Location of Credit Files 28 Section 6.05 Representations Concerning the Future Excess Servicing Spread 28
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REPRESENTATIONS AND WARRANTIES AS TO MORTGAGE LOANS AND SERVICING. 27 Section 6.01 Servicing Agreements; Applicable Laws 28 Section 6.02 Related Escrow Accounts 28 Section 6.03 No Purchaser Responsibility 28 Section 6.04 Location of Credit Files 28 Section 6.05 Representations Concerning the Future Excess Servicing Spread 28 ARTICLE VII REPRESENTATIONS AND WARRANTIES OF PURCHASER 29 Section 7.01 Due Organization and Good Standing 29 Section 7.02 Authority and Capacity 29 Section 7.03 Effective Agreements 30 Section 7.04 Sophisticated Investor 30 Section 7.05 No Actions 30 ARTICLE VIII SELLER COVENANTS 30 Section 8.01 Servicing Obligations 30 Section 8.02 Cooperation; Further Assurances 31 Section 8.03 Financing Statements 31 Section 8.04 Supplemental Information 31 Section 8.05 Access to Information 32 Section 8.06 Home Affordable Modification Program 32 Section 8.07 Distribution Date Data Tapes and Reports 32 Section 8.08 Financial Statements and Officer’s Certificates 34 Section 8.09 Monthly Management Calls 34 Section 8.10 Timely Payment of Owner Obligations 35 Section 8.11 Servicing Agreements 35 Section 8.12 Transfer of Mortgage Servicing Rights 35 Section 8.13 Consents to Transaction Documents 35 Section 8.14 Accounts 36 Section 8.15 Notification of Certain Events 36 Section 8.16 Financing; Pledge of Future Excess Servicing Spread 36 Section 8.17 Existence, etc 36 Section 8.18 Consent to Sub-Servicing 37 Section 8.19 Nonpetition Covenant 37 Section 8.20 Schedule of Mortgage Loans 37 Section 8.21 True Sale Opinion 38 Section 8.22 Valuation 38 Section 8.23 Material Documents 38 Section 8.24 Insurance 38 Section 8.25 Defense of Title 38 Section 8.26 Refinancing of Mortgage Loans 38
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REPRESENTATIONS AND WARRANTIES AS TO MORTGAGE LOANS AND SERVICING. Seller represents and warrants to Purchaser as follows:
Sample 1

Related to REPRESENTATIONS AND WARRANTIES AS TO MORTGAGE LOANS AND SERVICING

  • Representations and Warranties as to Individual Mortgage Loans The Seller hereby represents and warrants to the Purchaser, as to each Mortgage Loan, as of the related Closing Date as follows:

  • Representations and Warranties of the Depositor as to the Mortgage Loans The Depositor hereby represents and warrants to the Trustee with respect to the Mortgage Loans or each Mortgage Loan, as the case may be, as of the date hereof or such other date set forth herein that as of the Closing Date:

  • Representations and Warranties Concerning the Mortgage Loans The Indenture Trustee, as pledgee of the Mortgage Loans, has the benefit of the representations and warranties made by the Seller in Section [____] and Section [____] of the Mortgage Loan Purchase Agreement concerning the Mortgage Loans and the right to enforce the remedies against the Seller provided in such Section [____] or Section [____] to the same extent as though such representations and warranties were made directly to the Indenture Trustee.

  • Representations and Warranties of the Seller as to each Receivable On the date hereof, the Seller hereby makes the representations and warranties set forth on Schedule I to the Issuer and the Indenture Trustee as to the Receivables sold, transferred, assigned, and otherwise conveyed to the Issuer under this Agreement on which such representations and warranties the Issuer relies in acquiring the Receivables. The representations and warranties as to each Receivable shall survive the Grant of the Receivables by the Issuer to the Indenture Trustee pursuant to the Indenture. Notwithstanding any statement to the contrary contained herein or in any other Transaction Document, the Seller shall not be required to notify any insurer with respect to any Insurance Policy obtained by an Obligor or to notify any Dealer about any aspect of the transaction contemplated by the Transaction Documents.

  • Representations and Warranties as to the Receivables The Seller makes the following representations and warranties as to each Receivable, on which Ally Auto relies in accepting the Receivables. Such representations and warranties speak as of the Closing Date, and shall survive the sale, transfer and assignment of the Receivables to Ally Auto and the subsequent assignment and transfer pursuant to the Further Transfer Agreements:

  • Representations and Warranties of the Company Concerning the Mortgage Loans With respect to the conveyance of the Mortgage Loans provided for in Section 2.04 herein, the Company hereby represents and warrants to the Trust that as of the Cut-Off Date unless otherwise indicated:

  • CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES Section 2.01 Conveyance of Mortgage Loans................................. Section 2.02 Acceptance by the Trustee of the Mortgage Loans.............. Section 2.03

  • Representations and Warranties as to the Pool of Receivables The Depositor makes the following representations and warranties as to the pool of Receivables on which the Trust shall be deemed to have relied in accepting the pool of Receivables. The representations and warranties speak as of the Closing Date, except to the extent otherwise provided, but shall survive the sale, transfer, assignment and conveyance of the pool of Receivables to the Trust pursuant to this Agreement and the pledge of the Receivables to the Indenture Trustee pursuant to the Indenture:

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