Representations and Warranties of Backup Servicer. The Backup Servicer hereby makes the following representations and warranties to the other parties hereto, on which the Indenture Trustee on behalf of itself and the Noteholders relies in accepting the Receivables in trust and authenticating the Notes and on which the Insurer relies in issuing the Note Policy. Unless otherwise specified, the representations and warranties are made as of the Closing Date and shall survive the transfer of interest in the Receivables hereunder to the Indenture Trustee.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Triad Financial Corp), Sale and Servicing Agreement (Asset Backed Securities Corp), Sale and Servicing Agreement (Asset Backed Securities Corp)
Representations and Warranties of Backup Servicer. The Backup Servicer hereby makes the following representations and warranties to the other parties hereto, on which the Indenture Trustee on behalf of itself and the Noteholders Certificateholders relies in accepting the Receivables in trust and executing and authenticating the Notes and on which the Insurer relies in issuing the Note PolicyCertificates. Unless otherwise specified, the representations and warranties are made as of the Closing Date and shall survive the sale, transfer and assignment of interest in the Receivables hereunder to the Indenture Trustee.. (a)
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Triad Financial Corp)