Representations of Backup Servicer Sample Clauses

Representations of Backup Servicer. The Backup Servicer makes the following representations on which the Issuer is deemed to have relied in acquiring the Receivables. The representations speak as of the execution and delivery of this Agreement and as of the Closing Date, and shall survive the sale of the Receivables to the Issuer hereunder, the contribution of the Receivables to the Holding Trust pursuant to the Contribution Agreement and the pledge thereof to the Indenture Trustee pursuant to the Indenture.
AutoNDA by SimpleDocs
Representations of Backup Servicer. The Backup Servicer makes the following representations and warranties:
Representations of Backup Servicer. The Backup Servicer makes the following representations on which the Trustee relies in accepting the Receivables in trust and executing and authenticating the Certificates on the Closing Date. The representations speak as of the Closing Date, but shall survive the sale and assignment of the Receivables to the Trustee in trust for the benefit of the Certificateholders.
Representations of Backup Servicer. 30 SECTION 5.3
Representations of Backup Servicer. 44 SECTION 7.07. Merger or Consolidation of, or Assumption of the Obligations of, Backup Servicer .................................................... 45 SECTION 7.08. Resignation as Backup Servicer .............................. 45 ARTICLE VIII Default
Representations of Backup Servicer. 53 Section 9.02. Merger or Consolidation of, or Assumption of the Obligations of, or Resignation of Backup Servicer. . . . . . . . . . . . . . . . . . . 54 Section 9.03.
Representations of Backup Servicer. Back-Up Servicer makes the following representations on which the Insurer shall be deemed to have relied in executing and delivering the Policy and on which the Issuer is deemed to have relied in acquiring the Auto Loans and which the Indenture Trustee shall have been deemed to rely upon in executing this Agreement and the Indenture. The representations speak as of the execution and delivery of this Agreement and as of the Closing Date, in the case of Auto Loans, and as of each date of substitution, in the case of Substitute Auto Loans, and shall survive the sale of the Auto Loans by Originator to Flagship LLC, the sale of Auto Loans by Flagship LLC to the Depositor and the sale of Auto Loans by the Depositor to the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.
AutoNDA by SimpleDocs
Representations of Backup Servicer. The Backup Servicer makes the following representations on which the Insurer shall be deemed to have relied in executing and delivering the Note Policy and on which the Issuer is deemed to have relied in acquiring the Receivables. The representations speak as of the execution and delivery of this Agreement and as of the Closing Date, in the case of the Initial Receivables, and as of the applicable Subsequent Transfer Date, in the case of the Subsequent Receivables, and shall survive the sale of the Receivables to the Issuer and the pledge thereof to the Trust Collateral Agent pursuant to the Indenture.
Representations of Backup Servicer. 48 ARTICLE IX THE SERVICER AND BACKUP SERVICER...................................................... 49 Section 9.01.
Representations of Backup Servicer. (a) The Backup Servicer has been duly organized and is validly existing as an Illinois banking corporation in good standing under the laws of Illinois, with power and authority to own its properties and to conduct its business as such properties shall be currently owned and such business is presently conducted.
Time is Money Join Law Insider Premium to draft better contracts faster.