Common use of Representations of Depositor Clause in Contracts

Representations of Depositor. The Depositor makes the following representations on which the Trustee relies in accepting the Receivables in trust and executing and authenticating the Certificates.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Nationscredit Grantor Trust 1997-2), Pooling and Servicing Agreement (Nationscredit Grantor Trust 1997-1), Pooling and Servicing Agreement (Cit Group Inc)

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Representations of Depositor. The Depositor makes the following representations on which the Trustee relies shall be deemed to have relied in accepting the Receivables in trust and executing and authenticating the Certificates. The representations speak as of the execution and delivery of this Agreement and as of the Closing Date, in the case of Initial Receivables and as of the applicable Subsequent Transfer Date, in the case of Subsequent Receivables, if any, and shall survive the sale of the Receivables to the Trustee.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (National City Bank /), Pooling and Servicing Agreement (Ml Asset Backed Corp), Pooling and Servicing Agreement (Usaa Acceptance LLC)

Representations of Depositor. The Depositor makes the following representations on which the Trustee relies shall rely in accepting the Receivables in trust and executing and authenticating the Certificates. The representations shall speak as of the execution and delivery of this Agreement, and shall survive the sale of the Receivables to the Trustee.

Appears in 3 contracts

Samples: Supplement Agreement (Usaa Acceptance LLC), Supplement Agreement (Usaa Acceptance LLC), Supplement Agreement (Usaa Acceptance LLC)

Representations of Depositor. The Depositor makes the following representations on which the Trustee relies is deemed to have relied in accepting the Receivables and other Trust Property in trust and in executing and authenticating the Certificates. The representations are being made as of the execution and delivery of this Agreement and shall survive the sale and assignment of the Receivables and other Trust Property to the Trustee on behalf of the Trust.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Mellon Auto Grantor Trust 2000-2), Pooling and Servicing Agreement (Mellon Auto Grantor Trust 1999-1), Pooling and Servicing Agreement (Mellon Auto Grantor Trust 2000-1)

Representations of Depositor. The Depositor makes the following representations on which the Trustee relies shall be deemed to have relied in accepting the Receivables in trust and executing and authenticating the Certificates. 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 Trustee.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Funding Inc), Pooling and Servicing Agreement (Bear Stearns Asset Backed Funding Ii Inc)

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Representations of Depositor. The Depositor makes the following representations to the Certificate Insurer and the Trustee, on which the Certificate Insurer relied in executing and delivering the Policy and on which the Trustee relies on behalf of itself and the Certificateholders relied in accepting the Receivables in trust and executing and authenticating the Certificates. The representations speak as of the execution and delivery of this Agreement and shall survive the sale of the Receivables to the Trustee.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Financial Asset Securities Corp)

Representations of Depositor. The Depositor makes the following representations on which the Trustee relies shall be deemed to have relied in accepting the Receivables in trust and executing and authenticating the Certificates. The representations speak as of the execution and delivery of this Agreement and as of the Closing Date, in the case of Initial Receivables and as of the applicable Subsequent Transfer Date, in the case of Subsequent Receivables, if any, and shall survive the transfer of the Receivables to the Trustee.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Deutsche Recreational Asset Funding Corp)

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