Representations of the Transferor. The Transferor makes the following representations to the Depositor and the Issuer on which the Depositor and the Issuer are deemed to have relied in acquiring the Receivables and the Insurer is deemed to have relied in issuing the Policy. The representations speak as of the execution and delivery of this Agreement and as of the Closing Date, in case of Initial Receivables, and as of the applicable Subsequent Transfer Date in the case of Subsequent Receivables, and shall survive the sale of the Receivables to the Depositor and the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Ml Asset Backed Corp), Sale and Servicing Agreement (Ml Asset Backed Corp)
Representations of the Transferor. The Transferor makes the following representations to the Depositor and the Issuer on which the Depositor and the Issuer are deemed to have relied in acquiring the Receivables and the Insurer is deemed to have relied in issuing 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 Receivables, and shall survive the sale of the Receivables to the Depositor and the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Painewebber Asset Acceptance Corp)
Representations of the Transferor. The Transferor makes the --------------------------------- following representations to the Depositor and the Issuer on which the Depositor and the Issuer are deemed to have relied in acquiring the Receivables and the Insurer is deemed to have relied in issuing 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 Receivables, and shall survive the sale of the Receivables to the Depositor and 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)
