Representations and Warranties of Owner Trustee. The Owner Trustee hereby represents and warrants to the Depositor, for the benefit of the Certificateholders, that:
Representations and Warranties of Owner Trustee. The Owner Trustee represents and warrants to the Depositor that (a) the Owner Trustee meets the requirements of (i) Rule 3(a)(7) promulgated under the Investment Company Act of 1940, as amended, and (ii) section 3807 of the Statutory Trust Statute and (b) the Owner Trustee or the Owner Trustee’s parent entity has a combined capital and surplus of at least $50,000,000.
Representations and Warranties of Owner Trustee. 17 SECTION 6.7 RELIANCE; ADVICE OF COUNSEL................................................................. 18 SECTION 6.8 OWNER TRUSTEE MAY OWN CERTIFICATES AND NOTES................................................ 18 SECTION 6.9
Representations and Warranties of Owner Trustee. The Owner Trustee, in its individual capacity (except as provided in clauses (iii) and (vii) below) and (but only as provided in clauses (iii) and (vii) and, to the extent that it relates to the Owner Trustee, clauses (ii), (ix) and (xi) below) as Owner Trustee, represents and warrants to Lessee, the Pass Through Trustee, the Subordination Agent, the Liquidity Provider, the Policy Provider and the Owner Participant as follows:
Representations and Warranties of Owner Trustee. The Wilmington Trust Company hereby represents and warrants to the Depositor, for the benefit of the Certificateholders and the Note Insurer, that:
Representations and Warranties of Owner Trustee. The Owner Trustee makes the following representations and warranties on which the Transferor, the Residual Interest Holders, the Certificateholders and the Secured Parties may rely:
Representations and Warranties of Owner Trustee. 17 Section 6.7 Reliance; Advice of Counsel 17 Section 6.8 Owner Trustee May Own Certificates and Notes 18 Section 6.9 Compensation and Indemnity 18 Section 6.10 Replacement of Owner Trustee 18 Section 6.11 Merger or Consolidation of Owner Trustee 19 Section 6.12 Appointment of Co-Trustee or Separate Trustee 20 Section 6.13 Eligibility Requirements for Owner Trustee 21 ARTICLE VII TERMINATION OF TRUST AGREEMENT 21 Section 7.1 Termination of Trust Agreement 21
Representations and Warranties of Owner Trustee. On the Initial Closing Date and the Subsequent Closing Date, the representations and warranties of the Owner Trustee contained in Section 3.1 and Section 3.4(a) shall be true and correct in all material respects as of such Closing Date as though then made on and as of such date except to the extent that such representations and warranties relate solely to an earlier date (in which case such representations and warranties were true and correct on and as of such earlier date), and the Lessee, the Indenture Trustee, the Pass Through Trustee and each Participant shall have received an Officer's Certificate dated such Closing Date from the Owner Trustee and the Owner Trustee shall have performed and complied with all agreements and conditions herein contained which are required to be performed or complied with by the Owner Trustee on or before said date.
Representations and Warranties of Owner Trustee. 26 ARTICLE X
Representations and Warranties of Owner Trustee. Owner ----------------------------------------------- Trustee represents and warrants to each of the other parties hereto that:
