Representations and Warranties Regarding the Trust Depositor 17 Section 3.02. Representations and Warranties Regarding the Servicer 18 Section 4.01. Custody of Contracts 20 Section 4.02. Filing 21 Section 4.03. Name Change or Relocation 21 Section 4.04. Costs and Expenses 21 Section 5.01. Responsibility for Contract Administration 22 Section 5.02. Standard of Care 22 Section 5.03. Records 22 Section 5.04. Inspection 22 Section 5.05. Trust Accounts 22 Section 5.06. Enforcement 24 Section 5.07. Trustees to Cooperate 25 Section 5.08. Costs and Expenses 25 Section 5.09. Maintenance of Security Interests in Motorcycles 26 Section 5.10. Successor Servicer/Lockbox Agreements 26 Section 5.11. Separate Entity Existence 26 Section 6.01. Covenants of the Trust Depositor 26
Representations and Warranties Regarding. Each Contract 5
Representations and Warranties Regarding the Contracts in the Aggregate 6 Section 3.04. Representations and Warranties Regarding the Contract Files 7
Representations and Warranties Regarding. THE CONTRACTS IN THE AGGREGATE 7 SECTION 3.04. REPRESENTATIONS AND WARRANTIES REGARDING THE CONTRACT FILES 8
Representations and Warranties Regarding the Loans in the --------------------------------------------------------- Aggregate. The Originator has represented and warranted to the Seller in the --------- Transfer Agreement, which representations and warranties the Seller has assigned to the Trustee for the benefit of the Certificateholders and the Class C Certificateholder, as of the Closing Date with respect to the Initial Loans and Additional Loans, and as of each Subsequent Transfer Date with respect to the related Subsequent Loans, that:
Representations and Warranties Regarding the Trust Depositor 17
Representations and Warranties Regarding. BROADCASTING 4.01.
Representations and Warranties Regarding the Contract Files, the Land-and-Home Contract Files and the Mortgage Loan Files. Vanderbilt represents and warrants that:
Representations and Warranties Regarding the Servicer 22 Section 4.01. Custody of Contracts 24 Section 4.02. Filing 25 Section 4.03. Name Change or Relocation 25 Section 4.04. Costs and Expenses 25 Section 5.01. Responsibility for Contract Administration 26 Section 5.02. Standard of Care 26 Section 5.03. Records 26 Section 5.04. Inspection 26 Section 5.05. Trust Accounts 26 Section 5.06. Enforcement 28 Section 5.07. Trustees to Cooperate 29 Section 5.08. Costs and Expenses 29 Section 5.09. Maintenance of Security Interests in Motorcycles 29 Section 5.10. Successor Servicer/Lockbox Agreements 30 Section 5.11. Separate Entity Existence 30
Representations and Warranties Regarding. THE ACQUIRED ENTITIES 6 Section 4.1 Organization, Standing and Corporate Power 6 Section 4.2 Capitalization of International and the Subsidiaries 7 Section 4.3 Noncontravention 8 Section 4.4 Financial Statements 8 Section 4.5 Undisclosed Liabilities 9 Section 4.6 Absence of Certain Changes 9 Section 4.7 Legal Proceedings 10 Section 4.8 Compliance With Laws; Permits 10 Section 4.9 Tax Matters 11 Section 4.10 Environmental Matters 11 Section 4.11 Real Property 11 Section 4.12 Intellectual Property 12 Section 4.13 Contracts 13 Section 4.14 Insurance 15 Section 4.15 Employees 15 Section 4.16 Personal Property 16 Section 4.17 Brokers 16 Section 4.18 Assets Used in Business 16 Section 4.19 Bank Accounts; Powers of Attorney 16 Section 4.20 Bankruptcy 16 Section 4.21 Books and Records 17 Section 4.22 Transactions with Affiliates 17 ARTICLE V REPRESENTATIONS AND WARRANTIES OF THE PURCHASER 17 Section 5.1 Corporate Existence; Standing; Bankruptcy; Solvency 17 Section 5.2 Authorization 18 Section 5.3 Noncontravention 18 Section 5.4 Governmental Approvals 18 Section 5.5 Capital Resources 18 Section 5.6 Legal Proceedings 19 Section 5.7 Brokers 19 Section 5.8 Purchase for Investment 19 Section 5.9 Purchaser’s Independent Investigation 19 ARTICLE VI COVENANTS AND AGREEMENTS 19 Section 6.1 Conduct of Business 19 Section 6.2 Commercially Reasonable Efforts 22 Section 6.3 Public Announcements 23 Section 6.4 Access to Information; Periodic Reports; Confidentiality 23 Section 6.5 Preservation of Records; Post-Closing Cooperation 25 Section 6.6 Fees and Expenses 25 Section 6.7 Directors and Officers. 25 Section 6.8 Related-Party Transactions 27 Section 6.9 TECO Marks 27 Section 6.10 Consents 28 Section 6.11 Non-Solicitation 28 Section 6.12 Exclusivity 28 Section 6.13 Commitment Letters 29 ARTICLE VII POST-CLOSING TAX MATTERS 29 Section 7.1 Tax Filings 29 Section 7.2 Pre-Closing and Straddle-Period Taxes. 30 Section 7.3 Post-Closing Actions; Refunds 31 ARTICLE VIII CONDITIONS PRECEDENT 32 Section 8.1 Conditions to Each Party’s Obligation to Effect the Transactions 32 Section 8.2 Conditions to Obligations of the Purchaser 33 Section 8.3 Conditions to Obligations of the Seller 33 ARTICLE IX TERMINATION 34 Section 9.1 Termination 34 Section 9.2 Effect of Termination; Reverse Termination Fee 35 Section 9.3 Return of Confidential Information 36 ARTICLE X INDEMNIFICATION 36 Section 10.1 Indemnification by the Seller 36 Section 10.2 Indemnification by the Purchaser 37 Section 10.3 Ind...
