Common use of Representations of Depositor Clause in Contracts

Representations of Depositor. The Depositor makes the following representations on which the Insurer will 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 and on which the Indenture Trustee and Backup Servicer may rely. The representations are true and correct as of the execution and delivery of this Agreement and as of the Closing Date, in the case of Receivables, and will survive the sale of the Receivables to the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.

Representations of Depositor. The Depositor makes the following representations [on which the Insurer will be deemed to have relied in executing and delivering the Note Policy and and] on which the Issuer is deemed to have relied in acquiring the Receivables and on which the Indenture Trustee and Backup Servicer may rely. The representations are true and correct as of the execution and delivery of this Agreement and as of the Closing Date, in the case of Receivables, and will survive the sale of the Receivables to the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.

Representations of Depositor. The Depositor makes the following representations on which [the Insurer will be deemed to have relied in executing and delivering the Note Policy and on which which] the Issuer is deemed to have relied in acquiring the Receivables and on which the Indenture Trustee and Backup Servicer may rely. The representations are true and correct as of the execution and delivery of this Agreement and as of the Closing Date, in the case of Receivables, and will survive the sale of the Receivables to the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.