Representations and Warranties Regarding Each Mortgage Loan Sample Clauses

Representations and Warranties Regarding Each Mortgage Loan. CIT Consumer Finance as Seller with respect to the Seller Mortgage Loans and as Master Servicer, in consideration of its appointment hereunder, with respect to the Conduit Mortgage Loans and with respect to the Mortgage Loans taken as a whole, has made the representations and warranties in Sections 3.02, 3.03 and 3.04 to the Depositor and has assumed the obligations in Section 3.05. As a condition of the purchase by the Depositor of the Mortgage Loans, the Depositor has required that CIT Consumer Finance make such representations and warranties directly to the Trustee and the Certificateholders so that the Trustee may recover directly against CIT Consumer Finance on such representations and warranties rather than indirectly through claims by the Depositor against CIT Consumer Finance. Consequently, CIT Consumer Finance represents and warrants to the Trustee and the Certificateholders as to each Mortgage Loan as of the Closing Date (except as otherwise expressly stated):
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Representations and Warranties Regarding Each Mortgage Loan. The Mortgage Loans have been sold by CIT Consumer Finance to the Company pursuant to the Purchase Agreement. In connection with such sale, CIT Consumer Finance has made the representations and warranties in Sections 3.02, 3.03 and 3.04 to the Company and has assumed the obligations in Section 3.05. As a condition of the purchase by the Company of the Mortgage Loans, the Company has required that CIT Consumer Finance make such representations and warranties directly to the Trustee and the Certificateholders so that the Trustee may recover directly against CIT Consumer Finance on such representations and warranties rather than indirectly through claims by the Company against CIT Consumer Finance. Consequently, CIT Consumer Finance represents and warrants to the Trustee and the Certificateholders as to each Mortgage Loan as of the Closing Date (except as otherwise expressly stated):
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Representations and Warranties Regarding Each Mortgage Loan. CIT Consumer Finance as Seller with respect to the Seller Mortgage Loans and as Master Servicer, in consideration of its appointment hereunder, with respect to the Conduit Mortgage Loans and with respect to the Mortgage Loans taken as a whole, represents and warrants to the Trust, the Depositor and the Certificateholders as to each Initial Mortgage Loan as of the Closing Date and as to each Subsequent Mortgage Loan as of the related Subsequent Transfer Date (except as otherwise expressly stated):
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Representations and Warranties Regarding Each Mortgage Loan. The Seller and the Originator represent and warrant, jointly and severally, as of the Closing Date with respect to each [Initial and Additional] Mortgage Loan[, and as of the applicable Subsequent Transfer Date with respect to each Subsequent Mortgage Loan identified in an updated Mortgage Loan Schedule]:
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Representations and Warranties Regarding Each Mortgage Loan. The seller and the originator will make certain representations and warranties to the trustee with respect to each mortgage loan sold by it, as of the Closing Date unless expressly stated otherwise, including the following:
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Related to Representations and Warranties Regarding Each Mortgage Loan

  • Representations and Warranties Regarding Individual Mortgage Loans The Seller hereby represents and warrants to the Purchaser that, as to each Mortgage Loan, as of the related Closing Date for such Mortgage Loan:

  • Representations and Warranties Regarding Each Contract Seller represents and warrants as to each Contract as of the execution and delivery of this Agreement and as of the Closing Date, that:

  • Representations and Warranties of Each Fund Each Fund hereby severally and not jointly represents and warrants that each of the following shall be true, correct and complete with respect to each Fund at all times during the term of this Agreement: (i) the Fund is duly organized under the laws of its jurisdiction of organization and is registered as an open-end management investment company under the 1940 Act; and (ii) the execution, delivery and performance by the Fund of this Agreement are (w) within its power, (x) have been duly authorized by all necessary action, and (y) will not (A) contribute to or result in a breach of or default under or conflict with any existing law, order, regulation or ruling of any governmental or regulatory agency or authority, or (B) violate any provision of the Fund's corporate charter, Declaration of Trust or other organizational document, or bylaws, or any amendment thereof or any provision of its most recent Prospectus or Statement of Additional Information.

  • REPRESENTATIONS AND WARRANTIES OF EACH SELLER Each Seller, severally and not jointly, represents and warrants to Buyer as follows:

  • Representations and Warranties Regarding the Trust Depositor By its execution of this Agreement, the Trust Depositor represents and warrants to the Trust, the Indenture Trustee and the Noteholders that:

  • REPRESENTATIONS AND WARRANTIES OF EACH PURCHASER Each Purchaser, severally and not jointly, for itself and for no other Purchaser, hereby represents and warrants as of the date hereof and as of the Closing Date to the Company as follows (unless as of a specific date therein in which case they shall be accurate as of such date):

  • Representations and Warranties Regarding the Master Servicer The Master Servicer represents and warrants to the Issuer and for the benefit of the Indenture Trustee, as pledgee of the Mortgage Loans, the Bond Insurer and the Bondholders, as of the Cut-off Date and the Closing Date, that:

  • Representations and Warranties Regarding the Servicer The Servicer represents and warrants to the Trust, the Indenture Trustee and the Noteholders that:

  • REPRESENTATIONS AND WARRANTIES OF EACH INVESTOR Each Investor, severally and not jointly, represents and warrants to the Company that:

  • Representations and Warranties Regarding the Trust Depositor 17 Section 3.02. Representations and Warranties Regarding the Servicer 18 ARTICLE FOUR PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 20 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 ARTICLE FIVE SERVICING OF CONTRACTS 22 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 ARTICLE SIX THE TRUST DEPOSITOR 26 Section 6.01. Covenants of the Trust Depositor 26

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