Common use of Representations and Warranties of the Sponsor About the Receivables Clause in Contracts

Representations and Warranties of the Sponsor About the Receivables. The Sponsor represents and warrants to the Depositor as of the date of this Agreement and as of the Closing Date (except as otherwise specified), which representations and warranties (i) the Depositor has relied on in purchasing the Receivables and (ii) will survive the sale of the Receivables to the Depositor, the subsequent sale of the Receivables to the Issuer pursuant to the Sale and Servicing Agreement and the pledge of the Receivables to the Indenture Trustee pursuant to the Indenture:

Appears in 39 contracts

Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2014-A), Purchase Agreement (Ford Credit Auto Owner Trust 2014-A), Purchase Agreement (Ford Credit Auto Owner Trust 2013-D)

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Representations and Warranties of the Sponsor About the Receivables. The Sponsor represents and warrants to the Depositor as of the date of this Agreement and as of the Closing Date (except as otherwise specifiedstated), which representations and warranties (i) the Depositor has relied on in purchasing the Receivables and (ii) will survive the any sale of the Receivables to the Depositor, the subsequent sale of the Receivables to the Issuer pursuant to under the Sale and Servicing Agreement and the pledge of the Receivables to the Indenture Trustee pursuant to under the Indenture:

Appears in 8 contracts

Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2015-B), Purchase Agreement (Ford Credit Auto Owner Trust 2015-B), Purchase Agreement (Ford Credit Auto Owner Trust 2015-A)

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