Common use of Representations of the Depositor Clause in Contracts

Representations of the Depositor. The Depositor makes the following representations on which the Issuer is deemed to have relied in acquiring the Receivables and on which the Insurer is deemed to have relied in issued in the Policy. 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

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ml Asset Backed Corp)

AutoNDA by SimpleDocs

Representations of the Depositor. The Depositor makes the -------------------------------- following representations on which the Issuer is deemed to have relied in acquiring the Receivables and on which the Insurer is deemed to have relied in issued in the Policy. The representations speak as of the execution and delivery of this Agreement and as of the Closing Date, in and shall survive the case of Initial Receivables, and as sale of the applicable Subsequent Transfer Date in Receivables to the case of SubsequentIssuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Prudential Securities Secured Financing Corp)

Representations of the Depositor. The Depositor makes the following representations on which the Issuer is deemed to have relied in acquiring the Receivables and on which the Insurer is deemed to have relied in issued in the Policy. 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 SubsequentSubsequent Receivables and shall survive the sale of the Receivables to the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ml Asset Backed Corp)

Representations of the Depositor. The Depositor makes the -------------------------------- following representations on which the Issuer is deemed to have relied in acquiring the Receivables and on which the Insurer is deemed to have relied in issued in the Policy. 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 SubsequentSubsequent Receivables, and shall survive the sale of the Receivables to the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Prudential Securities Secured Financing Corp)

AutoNDA by SimpleDocs

Representations of the Depositor. The Depositor makes the following representations on which to the Issuer is deemed to have relied in acquiring Issuer, the Receivables Servicer, the Indenture Trustee and on which the Insurer is deemed to have relied in issued in the Policy. The representations speak Seller, as of the execution and delivery of this Agreement and as of the Closing Date. The Issuer relies on such representations in accepting the Depositor Conveyed Assets. Such representations shall survive the sale, in the case of Initial Receivables, transfer and as assignment of the applicable Subsequent Transfer Date Depositor Conveyed Assets being sold by the Depositor to the Issuer and the pledge thereof to the Indenture Trustee in accordance with the case terms of Subsequentthe Indenture.

Appears in 1 contract

Samples: Sale and Servicing Agreement (California Republic Funding LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!