Common use of Representations and Warranties of the Sponsor with Respect to the Mortgage Loans Clause in Contracts

Representations and Warranties of the Sponsor with Respect to the Mortgage Loans. (a) The Sponsor makes the following representations and warranties as to the Mortgage Loans on which the Trustee relies in accepting the Mortgage Loans in trust and executing and authenticating the Certificates and on which the Certificate Insurer relies in issuing the Certificate Insurance Policy. Such representations and warranties speak as of the Startup Day (unless otherwise specified), but shall survive the sale, transfer and assignment of the Mortgage Loans to the Trustee on behalf of the Trust:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Equivantage Acceptance Corp), Pooling and Servicing Agreement (Equivantage Acceptance Corp), Pooling and Servicing Agreement (Equivantage Acceptance Corp)

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Representations and Warranties of the Sponsor with Respect to the Mortgage Loans. (a) The Sponsor makes the following representations and warranties as to the Mortgage Loans on which the Trustee relies in accepting the Mortgage Loans in trust and executing and authenticating the Certificates and on which the Certificate Insurer relies in issuing the Certificate Insurance PolicyCertificates. Such representations and warranties speak as of the Startup Day (unless otherwise specified)Day, but shall survive the sale, transfer transfer, and assignment of the Mortgage Loans to the Trustee on behalf of the TrustTrustee:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Advanta Mortgage Loan Trust 1997-1), Pooling and Servicing Agreement (Advanta Mortgage Loan Trust 1996-3)

Representations and Warranties of the Sponsor with Respect to the Mortgage Loans. (a) The Sponsor makes the following representations and warranties as to the Mortgage Loans on which the Class A-6 Certificate Insurer relies and the Trustee relies in accepting the Mortgage Loans in trust and executing and authenticating the Certificates and on which the Certificate Insurer relies in issuing the Certificate Insurance PolicyCertificates. Such representations and warranties speak as of the Startup Day (unless otherwise specified)Day, but shall survive the sale, transfer transfer, and assignment of the Mortgage Loans to the Trustee on behalf of the TrustTrustee:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Advanta Mortgage Loan Trust 1997-2)

Representations and Warranties of the Sponsor with Respect to the Mortgage Loans. (a) The Sponsor makes the following representations and warranties as to the Mortgage Loans on which the Certificate Insurer relies and the Trustee relies in accepting the Mortgage Loans in trust and executing and authenticating the Certificates and on which the Certificate Insurer relies in issuing the Certificate Insurance PolicyCertificates. Such representations and warranties speak as of the Startup Day (unless otherwise specified)with respect to the Initial Mortgage Loans, but shall survive the sale, transfer and assignment or as of the Mortgage Loans to the Trustee on behalf of the Trust:date upon which any Qualified

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Advanta Mortgage Loan Trust 2000 2)

Representations and Warranties of the Sponsor with Respect to the Mortgage Loans. (a) The Sponsor makes the following representations and warranties to the Master Servicer and the Trustee for the benefit of the Owners and the Certificate Insurer as to the Mortgage Loans on which the Trustee relies in accepting the Mortgage Loans in trust and executing and authenticating the Certificates and on which the Certificate Insurer relies in issuing the Certificate Insurance PolicyCertificates. Such representations and warranties speak as of the Startup Day (unless otherwise specified)Day, but shall survive the sale, transfer transfer, and assignment of the Mortgage Loans to the Trustee on behalf of the TrustTrustee:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Accredited Home Lenders Inc)

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Representations and Warranties of the Sponsor with Respect to the Mortgage Loans. (a) The Sponsor makes the following representations and warranties as to the Mortgage Loans on which the Trustee relies in accepting the Mortgage Loans in trust and executing and authenticating the Certificates and on which the Certificate Insurer relies in issuing the Certificate Insurance PolicyCertificates. Such representations and warranties speak as of the Startup Day (unless otherwise specified)respective dates indicated below, but shall survive the sale, transfer transfer, and assignment of the Mortgage Loans to the Trustee on behalf of the TrustTrustee:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Advanta Mortgage Loan Trust 1996-4)

Representations and Warranties of the Sponsor with Respect to the Mortgage Loans. (a) The Sponsor makes the following representations and warranties as to the Mortgage Loans on which the Trustee relies in accepting the Mortgage Loans in trust and executing and authenticating the Certificates and on which the Certificate Insurer relies in issuing the Certificate Insurance Policy. Such representations and warranties speak as of the Startup Day (unless otherwise specified), but shall survive the sale, transfer transfer, and assignment of the Mortgage Loans to the Trustee on behalf of the Trust:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Equivantage Acceptance Corp)

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