Common use of Representations and Warranties as to Security Interest Clause in Contracts

Representations and Warranties as to Security Interest. If any sale and assignment of Receivables is deemed to be a pledge in connection with a financing or is otherwise deemed not to be a sale and assignment as described in Section 2.2, the Depositor represents and warrants to the Issuer as of the Closing Date, with respect to the Receivables being sold on such date, that:

Representations and Warranties as to Security Interest. If any sale and assignment of Receivables is deemed to be a pledge in connection with a financing or is otherwise deemed not to be a sale and assignment as described in Section 2.2, the Depositor represents and warrants to the Issuer as of the Closing Date, with respect to for the Receivables being sold on such that date, that: