Representations and Warranties of the Seller Regarding the Mortgage Loans. (a) The Seller represents and warrants to the Servicer, Depositor and the Trustee on behalf of the Certificateholders as follows as of the Closing Date:
Representations and Warranties of the Seller Regarding the Mortgage Loans. The Seller represents and warrants to the Trustee, the Certificate Insurer and the Certificateholders as of the Closing Date and, with respect to any Subsequent Mortgage Loan, as of the Subsequent Transfer Date (in either case except as otherwise expressly stated) that, as to each Mortgage Loan conveyed to the Trust by it:
Representations and Warranties of the Seller Regarding the Mortgage Loans. The Seller hereby represents and warrants to the Purchaser, as of the Closing Date, or if so specified herein, as of the related Cut-off Date as follows.
Representations and Warranties of the Seller Regarding the Mortgage Loans. The Seller hereby represents and warrants to the Trust, the Indenture Trustee on behalf of the Class A Noteholders and the Insurer as follows as of (x) the Cut-Off Date with respect to each Mortgage Loan, and (y) as of the date of such substitution with respect to each Eligible Substitute Mortgage Loan (and to the extent expressly stated therein as of such other time), unless otherwise specifically set forth herein:
Representations and Warranties of the Seller Regarding the Mortgage Loans. (a) The Seller hereby represents and warrants to the Depositor and the Insurer, and the Depositor hereby assigns its rights with respect to such representations and warranties to the Trust, the Indenture Trustee on behalf of the Noteholders and the Certificateholders and the Insurer as follows as of the Closing Date, and with respect to each Eligible Substitute Mortgage Loan, as of the date of such substitution (and to the extent expressly stated therein as of such other time):
Representations and Warranties of the Seller Regarding the Mortgage Loans. The Seller represents and warrants to the Purchaser, as of the Closing Date unless specifically stated otherwise in such representation and warranty, as follows:
Representations and Warranties of the Seller Regarding the Mortgage Loans. (a) Set forth in paragraph (b) below is a listing of representations and warranties which will be deemed to have been made by the Seller to the Purchaser in connection with each Mortgage Loan.
Representations and Warranties of the Seller Regarding the Mortgage Loans. The Seller represents and warrants to the Trustee, the Servicer, the Certificate Insurer and the Certificateholders as of the Closing Date and, with respect to any Subsequent Mortgage Loan, as of the Subsequent Transfer Date (in either case except as otherwise expressly stated) that, as to each Mortgage Loan conveyed to the Trust by it:
Representations and Warranties of the Seller Regarding the Mortgage Loans. (a) Set forth in Exhibit E hereto is a listing of representations and warranties which will be deemed to have been made by the Seller to the Buyer, the Master Servicer and the Trustee in connection with each purchase of a Pool with respect to the Mortgage Loans in such Pool. In addition, the Buyer may, pursuant to a Conveyance Agreement with respect to the Mortgage Loans in the related Pool, delete or modify any of such representations and warranties, or may add additional representations and warranties ("Additional Representations and Warranties") if (i) Seller's Applicable Guidelines were to materially change or (ii) if any other party to an Advanta securitization were to require the addition or deletion of Additional Representations and Warranties; provided, that if the Seller determines that a significant number of its mortgage loans would not satisfy such Additional Representations and Warranties, the Seller shall have the right, but not the obligation, to terminate its obligation to offer any additional loans hereunder without further obligation to the Buyer except that all of the Seller's duties and obligations hereunder with respect to Mortgage Loans that were previously sold hereunder shall remain in full force and nothing in this provision shall be construed as terminating any of the Buyer's rights with respect to all previously sold Mortgage Loans. The representations and warranties listed in Exhibit E hereto, together with any Additional Representations and Warranties, are the "Representations and Warranties". It is understood and agreed that the Representations and Warranties shall survive the sale and assignment of the Mortgage Loans to the Conduit Acquisition Trust and by the Conduit Acquisition Trust to an Advanta Trust. Upon discovery by the Seller, the Master Servicer or the Buyer of a breach of any of the Representations and Warranties (without regard to any limitation set forth in such Representation or Warranty concerning the knowledge of the Seller as to the facts stated therein so long as the Seller is required to repurchase the related Mortgage Loan or Mortgage Loans pursuant to the related Advanta Pooling Agreement without regard to any similar limitation), which breach, in the reasonable opinion of the Buyer, materially and adversely affects the value, collectibility or marketability of the related Mortgage Loan or Mortgage Loans, the party discovering such breach shall give prompt written notice to the other party and the Seller ...
Representations and Warranties of the Seller Regarding the Mortgage Loans. The Seller hereby represents and warrants to the Depositor and the Insurer, and the Depositor hereby assigns its rights with respect to such representations and warranties to the Trust, the Indenture Trustee on behalf of the Class A Noteholders and the Insurer as follows as of the Cut-Off Date, and with respect to each Eligible Substitute Mortgage Loan, as of the date of such substitution (and to the extent expressly stated therein as of such other time), and with respect to each Subsequent Mortgage Loan, as of the applicable related cut-off date, unless otherwise specifically set forth herein:
