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 Initial Closing Date and each Subsequent Closing Date. The representations in clause (b) speak as of the Initial Closing Date with respect to the Initial Receivables, and as of the related Subsequent Closing Date, with respect to the Additional Receivables, but in either case, such representations shall survive the sale, transfer and assignment of the Receivables to the Issuing Entity.
Appears in 22 contracts
Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-4), Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-4), Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-3)
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 [Initial Closing Date and each Subsequent Subsequent] Closing Date. The representations in clause (b) speak as of the Initial Closing Date with respect to the Initial [Initial] Receivables, and [as of the related Subsequent Closing Date, with respect to the Additional Receivables, but in either case, such representations representations] shall survive the sale, transfer and assignment of the Receivables to the Issuing Entity.
Appears in 8 contracts
Samples: Trust Sale Agreement (Ally Auto Assets LLC), Trust Sale Agreement (Ally Auto Assets LLC), Trust Sale and Servicing Agreement (Capital Auto Receivables 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 Certificates. The representations in clause (a) speak as of the [Initial Closing Date and each Subsequent Subsequent] Closing Date. The representations in clause (b) speak as of the Initial Closing Date with respect to the Initial [Initial] Receivables, and [as of the related Subsequent Closing Date, with respect to the Additional Receivables, but in either case, such representations representations] shall survive the sale, transfer and assignment of the Receivables to the Issuing Entity.
Appears in 3 contracts
Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables LLC), Trust Sale Agreement (Ally Auto Assets LLC), Trust Sale and Servicing Agreement (Ally Auto Assets LLC)
