Common use of Representations and Warranties of the Transferee Clause in Contracts

Representations and Warranties of the Transferee. In connection with the proposed transfer of the Purchased Certificates, the Transferee represents and warrants to the Company, BCI, the Servicer, the Trustee and the Trust as follows: (a) The Transferee is purchasing the Purchased Certificates for its own account as principal for investment purposes and not with a view to the distribution of the Purchased Certificates, in whole or in part, in violation of Section 5 of the Securities Act of 1933, as amended (the "Act"). (b) The Transferee has knowledge in financial and business matters and is capable of evaluating the merits and risks of an investment in the Purchased Certificates; the Transferee has sought such accounting, legal and tax advice as it has considered necessary to make an informed investment decision; and the Transferee is able to bear the economic risk of an investment in the Purchased Certificates and can afford a complete loss of such investment. (c) The Transferee confirms that the Company and the Servicer have made available to the Transferee the opportunity to ask questions of, and receive answers from, the Company and the Servicer concerning the Company, the Servicer, the Trust, the purchase by the Transferee of the Purchased Certificates and all matters relating thereto, and to obtain additional information relating thereto that the Company or the Servicer possesses or can acquire without unreasonable effort or expense. (d) The Transferee is an "accredited investor" as defined in paragraph (1), (2), (3) or (7) of Rule 501(a) under the Act.

Representations and Warranties of the Transferee. In connection with the proposed transfer of the Purchased Certificates, the Transferee represents and warrants to the Company, BCIDepositor, the Master Servicer, the Trustee and the Trust as follows: (a) The Transferee is purchasing the Purchased Certificates for its own account as principal for investment purposes and not with a view to the distribution of the Purchased Certificates, in whole or in part, in violation of Section 5 of the Securities Act of 1933, as amended (the "Act"). (b) The Transferee has knowledge in financial and business matters and is capable of evaluating the merits and risks of an investment in the Purchased Certificates; the Transferee has sought such accounting, legal and tax advice as it has considered necessary to make an informed investment decision; and the Transferee is able to bear the economic risk of an investment in the Purchased Certificates and can afford a complete loss of such investment. (c) The Transferee confirms that the Company Depositor and the Master Servicer have made available to the Transferee the opportunity to ask questions of, and receive answers from, the Company Depositor and the Master Servicer concerning the CompanyDepositor, the Master Servicer, the Trust, the purchase by the Transferee of the Purchased Certificates and all matters relating thereto, and to obtain additional information relating thereto that the Company Depositor or the Master Servicer possesses or can acquire without unreasonable effort or expense. (d) The Transferee is an "accredited investor" as defined in paragraph (1), (2), (3) or (7) of Rule 501(a) under the Act.

Representations and Warranties of the Transferee. In connection with the proposed transfer of the Purchased Certificates, the Transferee represents and warrants to the Company, BCIOAC, the Servicer, the Trustee and the Trust as follows: (a) The Transferee is purchasing the Purchased Certificates for its own account as principal for investment purposes and not with a view to the distribution of the Purchased Certificates, in whole or in part, in violation of Section 5 of the Securities Act of 1933, as amended (the "Act"). (b) The Transferee has knowledge in financial and business matters and is capable of evaluating the merits and risks of an investment in the Purchased Certificates; the Transferee has sought such accounting, legal and tax advice as it has considered necessary to make an informed investment decision; and the Transferee is able to bear the economic risk of an investment in the Purchased Certificates and can afford a complete loss of such investment. (c) The Transferee confirms that the Company and the Servicer have made available to the Transferee the opportunity to ask questions of, and receive answers from, the Company and the Servicer concerning the Company, the Servicer, the Trust, the purchase by the Transferee of the Purchased Certificates and all matters relating thereto, and to obtain additional information relating thereto that the Company or the Servicer possesses or can acquire without unreasonable effort or expense. (d) The Transferee is an "accredited investor" as defined in paragraph (1), (2), (3) or (7) of Rule 501(a) under the Act.

Representations and Warranties of the Transferee. In connection with the proposed transfer of the Purchased Certificates, the Transferee represents and warrants to the Company, BCIDepositor, the Master Servicer, the Trustee and the Trust as follows: (a) The Transferee is purchasing the Purchased Certificates for its own account as principal for investment purposes and not with a view to the distribution of the Purchased Certificates, in whole or in part, in violation of Section 5 of the Securities Act of 1933, as amended (the "“Act"”). (b) The Transferee has knowledge in financial and business matters and is capable of evaluating the merits and risks of an investment in the Purchased Certificates; the Transferee has sought such accounting, legal and tax advice as it has considered necessary to make an informed investment decision; and the Transferee is able to bear the economic risk of an investment in the Purchased Certificates and can afford a complete loss of such investment. (c) The Transferee confirms that the Company Depositor and the Master Servicer have made available to the Transferee the opportunity to ask questions of, and receive answers from, the Company Depositor and the Master Servicer concerning the CompanyDepositor, the Master Servicer, the Trust, the purchase by the Transferee of the Purchased Certificates and all matters relating thereto, and to obtain additional information relating thereto that the Company Depositor or the Master Servicer possesses or can acquire without unreasonable effort or expense. (d) The Transferee is an "“accredited investor" ” as defined in paragraph (1), (2), (3) or (7) of Rule 501(a) under the Act.