Representations and Warranties of the Seller regarding the Receivables. The Seller makes the following representations and warranties with respect to the Receivables, on which the Purchaser relies in purchasing the Receivables. Such representations and warranties speak as of the Closing Date, but shall survive the sale, transfer and assignment of the Receivables by the Seller to the Purchaser pursuant to this Agreement, the sale, transfer and assignment of the Receivables by the Purchaser to the Issuer pursuant to the Sale and Servicing Agreement and the pledge of the Receivables by the Issuer to the Indenture Trustee pursuant to the Indenture. (i) Schedule of Receivables. No selection procedures adverse to the Securityholders have been used by the Seller in selecting the Receivables from all receivables owned by the Seller which meet the selection criteria specified herein. (ii) No Sale or Transfer. No Receivable has been sold, transferred, assigned or pledged by the Seller to any Person other than the Purchaser.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (GS Auto Loan Trust 2005-1), Receivables Purchase Agreement (GS Auto Loan Trust 2005-1), Receivables Purchase Agreement (GS Auto Loan Trust 2005-1)
Representations and Warranties of the Seller regarding the Receivables. The Seller makes the following representations and warranties with respect to the Receivables, on which the Purchaser Issuer relies in purchasing the ReceivablesReceivables and pledging the same to the Indenture Trustee. Such representations and warranties speak as of the Closing Date, but shall survive the sale, transfer and assignment of the Receivables by the Seller to the Purchaser Issuer pursuant to this Agreement, the sale, transfer and assignment of the Receivables by the Purchaser to the Issuer pursuant to the Sale and Servicing Agreement and the pledge of the Receivables by the Issuer to the Indenture Trustee pursuant to the Indenture.
(i) Schedule of Receivables. No selection procedures adverse to the Securityholders Noteholders have been used by the Seller in selecting the Receivables from all receivables owned by the Seller which meet were acquired from BANA pursuant to the selection criteria specified hereinPurchase Agreement.
(ii) No Sale or Transfer. No Receivable has been sold, transferred, assigned or pledged by the Seller to any Person other than the PurchaserIssuer.
Appears in 1 contract
Samples: Sale Agreement (Banc of America Securities Auto Trust 2006-G1)
Representations and Warranties of the Seller regarding the Receivables. The Seller makes the following representations and warranties with respect to the Receivables, on which the Purchaser relies in purchasing the Receivables. Such representations and warranties speak as of the Closing Date, but shall survive the sale, transfer and assignment of the Receivables by the Seller to the Purchaser pursuant to this Agreement, the sale, transfer and TRUST II RECEIVABLES PURCHASE AGREEMENT assignment of the Receivables by the Purchaser to the Issuer pursuant to the Sale and Servicing Agreement and the pledge of the Receivables by the Issuer to the Indenture Trustee pursuant to the Indenture.
(i) Schedule of Receivables. No selection procedures adverse to the Securityholders have been used by the Seller in selecting the Receivables from all receivables owned by the Seller which meet the selection criteria specified herein.
(ii) No Sale or Transfer. No Receivable has been sold, transferred, assigned or pledged by the Seller to any Person other than the Purchaser.
Appears in 1 contract
Samples: Receivables Purchase Agreement (GS Auto Loan Trust 2006-1)
Representations and Warranties of the Seller regarding the Receivables. The Seller makes the following representations and warranties with respect to the Receivables, on which the Purchaser relies in purchasing the Receivables. Such representations and warranties speak as of the Closing Date, but shall survive the sale, transfer and assignment of the Receivables by the Seller to the Purchaser pursuant to this Agreement, the sale, transfer and TRUST III RECEIVABLES PURCHASE AGREEMENT assignment of the Receivables by the Purchaser to the Issuer pursuant to the Sale and Servicing Agreement and the pledge of the Receivables by the Issuer to the Indenture Trustee pursuant to the Indenture.
(i) Schedule of Receivables. No selection procedures adverse to the Securityholders have been used by the Seller in selecting the Receivables from all receivables owned by the Seller which meet the selection criteria specified herein.
(ii) No Sale or Transfer. No Receivable has been sold, transferred, assigned or pledged by the Seller to any Person other than the Purchaser.
Appears in 1 contract
Samples: Receivables Purchase Agreement (GS Auto Loan Trust 2006-1)