Common use of Representations and Warranties of Backup Servicer Clause in Contracts

Representations and Warranties of Backup Servicer. The Backup Servicer makes the following representations and warranties on which the Trust shall be deemed to have relied in accepting the Trust Property. The representations and warranties speak as of the execution and delivery of this Agreement and shall survive the sale, transfer, assignment and conveyance of the Trust Property to the Trust pursuant to this Agreement and the pledge of the Trust Property to the Indenture Trustee pursuant to the Indenture:

Appears in 22 contracts

Samples: Sale and Servicing Agreement (Carmax Auto Funding LLC), Sale and Servicing Agreement (Carmax Auto Funding LLC), Sale and Servicing Agreement (Carmax Auto Funding LLC)

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Representations and Warranties of Backup Servicer. The Backup Servicer hereby makes the following representations and warranties to the other parties hereto, on which the Trust shall be deemed to have relied Trustee on behalf of itself and the Certificateholders relies in accepting the Trust PropertyReceivables in trust and executing and authenticating the Certificates. The Unless otherwise specified, the representations and warranties speak are made as of the execution and delivery of this Agreement Closing Date and shall survive the sale, transfer, transfer and assignment and conveyance of the Trust Property Receivables to the Trust pursuant to this Agreement and the pledge of the Trust Property to the Indenture Trustee pursuant to the Indenture:Trustee.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Triad Financial Corp)

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Representations and Warranties of Backup Servicer. [The Backup Servicer makes the following representations and warranties on which the Trust shall be deemed to have relied in accepting the Trust Property. The representations and warranties speak as of the execution and delivery of this Agreement and shall survive the sale, transfer, assignment and conveyance of the Trust Property to the Trust pursuant to this Agreement and the pledge of the Trust Property to the Indenture Trustee pursuant to the Indenture:

Appears in 1 contract

Samples: Sale and Servicing Agreement (Carmax Auto Funding LLC)

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