REPRESENTATIONS AND WARRANTIES OF ISSUER AS TO THE RECEIVABLES. The Issuer does hereby make the following representations and warranties as of the Closing Date on which (i) the Trustee is relying in accepting the Receivables and the other Trust Property and authenticating the Notes; (ii) the Noteholders are relying in purchasing the Notes; (iii) the Note Insurer is relying in issuing the Policy; and (iv) the Rating Agency is relying in providing its rating of the Notes.
Appears in 3 contracts
Samples: Indenture and Servicing Agreement (MCM Capital Group Inc), Indenture and Servicing Agreement (MCM Capital Group Inc), Indenture and Servicing Agreement (MCM Capital Group Inc)
REPRESENTATIONS AND WARRANTIES OF ISSUER AS TO THE RECEIVABLES. The Issuer does hereby make the following representations and warranties as of the Closing Date on which (i) the Trustee is relying in accepting a grant of a security interest in the Receivables and the other Trust Property and authenticating the Notes; (ii) the Noteholders are relying in purchasing the Notes; (iii) the Note Insurer is relying in issuing the Policy; and (iv) the Rating Agency is relying in providing its rating of the Notes.:
Appears in 1 contract
Samples: Indenture and Servicing Agreement (Creditrust Corp)
REPRESENTATIONS AND WARRANTIES OF ISSUER AS TO THE RECEIVABLES. The Issuer does hereby make the following representations and warranties as of the Closing Date on which (i) the Trustee is relying in accepting a grant of a security interest in the Receivables and the other Trust Property and authenticating the Notes; (ii) the Noteholders are relying in purchasing the Notes; and (iii) the Note Insurer is relying in issuing the Policy; and (iv) the Rating Agency is relying in providing its rating of the Notes.:
Appears in 1 contract
Samples: Indenture and Servicing Agreement (Creditrust Corp)
