Representations and Warranties of Originators. Each of the Originators hereby represents and warrants to Buyer on the Closing Date and on each Purchase Date thereafter as to such Originator and the Receivables originated by it that:
Representations and Warranties of Originators. Each Originator -------------------------------------------- hereby represents and warrants to the Buyer on the date of the Purchase from such Originator hereunder and, except for representations and warranties that are limited to a certain date, on each date that any Receivable is originated by such Originator on or after the date of such Purchase through and including the Termination Date, that:
Representations and Warranties of Originators. Each Originator hereby represents and warrants to Buyer, as to such Originator and the Receivables originated by it, that, as of the date of each Purchase:
Representations and Warranties of Originators. Each Originator hereby represents and warrants, as to itself, to Buyer that:
Representations and Warranties of Originators. Each Originator hereby represents and warrants to Buyer on the Initial Sale Closing Date, on the date of the Purchase from such Originator hereunder and on each date that any Receivable is originated by such Originator on or after the date of such Purchase, that:
Representations and Warranties of Originators. On the date of the initial Purchase and on each subsequent date that any Receivable is originated by such Originator, each Originator hereby represents and warrants to Buyer as to such Originator and the Receivables then being transferred by such Originator to Buyer hereunder that:
(a) Corporate Existence and Power. Such Originator is a corporation duly organized, validly existing and in good standing under the laws of its state of incorporation, and is duly qualified to do business and is in good standing as a foreign corporation in each jurisdiction in its which its business is conducted except where the failure to so qualify could not reasonably be expected to have a Material Adverse Effect, and has and holds all corporate power and all governmental licenses, authorizations, consents and approvals required to carry on its business in each jurisdiction in which its business is conducted (collectively, “Approvals”) other than such Approvals the failure of which to obtain could not reasonably be expected to have a Material Adverse Effect.
Representations and Warranties of Originators. Each Originator hereby represents and warrants to Buyer, as to such Originator and the Receivables originated by it, that, as of the date of each Purchase:
(a) Corporate Existence and Power. Such Originator is duly organized, validly existing and in good standing under the laws of the state mentioned after its name in the preamble to this Agreement, and is duly qualified to do business and is in good standing as a foreign entity, and has and holds all power and all governmental licenses, authorizations, consents and approvals required to carry on its business in each jurisdiction in which its business is conducted except where the failure to so qualify or so hold could not reasonably be expected to have a Material Adverse Effect.
Representations and Warranties of Originators. Each of the Originators represents, warrants and covenants to Purchaser as of the Closing Date that:
(a) Such Originator is duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation and is duly authorized and qualified to transact any and all business contemplated by this Agreement to be conducted by such Originator in any state in which a Mortgaged Property is located to the extent necessary to ensure the enforceability of each Mortgage Loan in accordance with the terms of this Agreement.
(b) Such Originator has the full corporate power and authority to originate the Mortgage Loans conveyed by it hereunder and to execute, deliver and perform, and to enter into and consummate the transactions contemplated by, this Agreement; the execution, delivery and performance of this Agreement by such Originator has been duly authorized by all necessary corporate action on the part of such Originator; and this Agreement, assuming the due authorization, execution and delivery thereof by Purchaser, 14 constitutes a legal, valid and binding obligation of such Originator, enforceable against such Originator in accordance with its respective terms, except to the extent that (i) the enforceability thereof may be limited by federal or state bankruptcy, insolvency, moratorium, receivership and other similar laws relating to creditors' rights generally and (ii) the remedy of specific performance and injunctive and other forms of equitable relief may be subject to the equitable defenses and to the discretion of the court before which any proceeding therefor may be brought.
(c) The execution and delivery of this Agreement by such Originator, the consummation by such Originator of the transactions herein contemplated, and the fulfillment by such Originator of or compliance by such Originator with the terms hereof will not (i) result in a breach of any term or provision of the charter or by-laws of such Originator or (ii) conflict with, result in a breach, violation or acceleration of, or result in a default under, the terms of any other material agreement or instrument to which such Originator is a party or by which it may be bound, or any statute, order or regulation applicable to such Originator of any court, regulatory body, administrative agency or governmental body having jurisdiction over such Originator, which breach, violation, default or non-compliance would have a material adverse effect on the business, operations, financ...
Representations and Warranties of Originators. Each Originator --------------------------------------------- hereby represents and warrants to Buyer and each Purchaser, as assignee of Buyer, that:
(a) Corporate Existence and Power. Such Originator is a corporation duly ----------------------------- organized, validly existing and in good standing under the laws of its state of incorporation, and is duly qualified to do business and is in good standing as a foreign corporation, and has and holds all corporate power and all governmental licenses, authorizations, consents and approvals required to carry on its business in each jurisdiction in which failure to qualify would have a Material Adverse Effect on such Originator or the Receivables originated by it.
Representations and Warranties of Originators. Each Originator hereby represents and warrants to each applicable Transferee of its Receivables on the date hereof, on the date of the Purchase from such Originator hereunder and on each date that any Receivable is Originated By such Originator on or after the date of such Purchase, that:
