Common use of Representations and Warranties of Seller with Respect to the KBUSA Financed Student Loans Clause in Contracts

Representations and Warranties of Seller with Respect to the KBUSA Financed Student Loans. The Seller makes the following representations and warranties as to the KBUSA Financed Student Loans on which each of the Depositor Eligible Lender Trustee and the Purchaser is deemed to have relied in acquiring the KBUSA Financed Student Loans. Such representations and warranties speak as of the execution and delivery of this Agreement and as of the Closing Date, in the case of the KBUSA Initial Student Loans, and as of the applicable Subsequent Transfer Date, in the case of the KBUSA Additional Student Loans, but shall survive the sale, transfer and assignment of the KBUSA Financed Student Loans to the Depositor Eligible Lender Trustee on behalf of the Purchaser.

Representations and Warranties of Seller with Respect to the KBUSA Financed Student Loans. The Seller makes the following representations and warranties as to the KBUSA Financed Student Loans on which each of the Depositor Eligible Lender Trustee and the Purchaser is deemed to have relied in acquiring the KBUSA Financed Student Loans. Such representations and warranties speak as of the execution and delivery of this Agreement and as of the Closing Date, in the case of the KBUSA Initial Student Loans, and as of the applicable Subsequent Transfer Date, in the case of the KBUSA Additional Other Student Loans, but shall survive the sale, transfer and assignment of the KBUSA Financed Student Loans to the Depositor Eligible Lender Trustee on behalf of the Purchaser.