Common use of Representations and Warranties Regarding the Receivables Clause in Contracts

Representations and Warranties Regarding the Receivables. The Depositor makes the following representations and warranties to the Issuing Entity regarding each Receivable as of the Closing Date, which shall survive the sale, transfer and assignment of the Receivables and on which representations and warranties the Issuing Entity shall rely in acquiring the Receivables.

Appears in 30 contracts

Samples: Receivables Transfer Agreement (Carvana Auto Receivables Trust 2024-P2), Receivables Transfer Agreement (Carvana Auto Receivables Trust 2024-P2), Receivables Transfer Agreement (Carvana Auto Receivables Trust 2024-P3)

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Representations and Warranties Regarding the Receivables. The Depositor makes the following representations and warranties to the Issuing Entity regarding each Receivable as of the Closing Date [and each Subsequent Closing Date], which shall survive the sale, transfer and assignment of the Receivables and on which representations and warranties the Issuing Entity shall rely in acquiring the Receivables.

Appears in 3 contracts

Samples: Receivables Transfer Agreement (Carvana Receivables Depositor LLC), Receivables Transfer Agreement (Carvana Receivables Depositor LLC), Receivables Transfer Agreement (Carvana Receivables Depositor LLC)

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Representations and Warranties Regarding the Receivables. The Depositor makes the following representations and warranties to the Issuing Entity regarding each Receivable as of the Closing Date, and which shall survive the sale, transfer and assignment of the Receivables and on which representations and warranties the Issuing Entity shall rely in acquiring the ReceivablesReceivables acquired on such date.

Appears in 1 contract

Samples: Receivables Transfer Agreement (Carvana Co.)

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