Common use of Representations of the Depositor Clause in Contracts

Representations of the Depositor. The Depositor makes the following representations on which the Issuing Entity is relying in acquiring the Receivables and issuing the Notes and the Certificates. The representations in clause (a) speak as of the Closing Date. The representations in clause (b) speak as of the Closing Date with respect to the Receivables, and shall survive the sale, transfer and assignment of the Receivables to the Issuing Entity.

Appears in 92 contracts

Samples: Trust Sale Agreement (Ally Auto Receivables Trust 2024-1), Trust Sale Agreement (Ally Auto Receivables Trust 2024-1), Trust Sale Agreement (Ally Auto Receivables Trust 2023-1)

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Representations of the Depositor. The Depositor makes the following representations on which the Issuing Entity is relying in acquiring the Receivables Second Step Purchased Property and issuing the Notes and the Certificates. The following representations in clause (a) speak as of the Closing Date. The Date and the representations in clause (b) speak as of the Closing Date with respect to the Receivables, and shall survive the sale, transfer and assignment of the Receivables Second Step Purchased Property to the Issuing Entity.

Appears in 12 contracts

Samples: Servicing Agreement (Capital Auto Receivables LLC), Trust Sale Agreement (Ally Auto Assets LLC), Trust Sale Agreement (Ally Auto Assets LLC)

Representations of the Depositor. The Depositor makes the following representations on which the Issuing Entity is relying in acquiring the Receivables and issuing the Notes and the Certificatesrepresentations. The representations in clause (a) speak as of the execution and delivery of this Agreement and as of the Closing Date. The representations , (unless another date or time period is otherwise specified or indicated in clause (b) speak as of the Closing Date with respect to the Receivablesparticular representation or warranty), and shall survive the sale, transfer and assignment of the Receivables sale to the Issuing EntityIssuer and the pledge thereof to the Indenture Collateral Agent pursuant to the Indenture.

Appears in 5 contracts

Samples: Sale and Servicing Agreement (Franklin Auto Trust 2007-1), Sale and Servicing Agreement (Franklin Auto Trust 2006-1), Sale and Servicing Agreement (Franklin Receivables LLC)

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Representations of the Depositor. The Depositor makes the following representations on which the Issuing Entity is relying in acquiring the Receivables Second Step Purchased Property and issuing the Notes and the Certificates. The following representations in clause (a) speak as of the Closing Date. The Date and the representations in clause (b) speak as of the Closing Date with respect to the Receivables, and shall survive the sale, transfer and assignment of the Receivables Second Step Purchased Property to the Issuing Entity.

Appears in 1 contract

Samples: Trust Sale Agreement (Ally Auto Assets LLC)

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