Common use of Representations, Warranties and Covenants of Broker Clause in Contracts

Representations, Warranties and Covenants of Broker. As an inducement to Lender to enter into this Agreement and to consummate the transactions contemplated hereunder, Xxxxxx makes the following representations, warranties and covenants to Lender and any successor in interest to Lender under this Agreement as of the date hereof, as of each and every date Broker submits an Application to Lender, and as of the date any related mortgage loan is closed and funded by Lender. Lender shall be deemed to have relied on such representations, warranties and covenants, regardless of any independent investigation it may have made or may hereafter make.

Representations, Warranties and Covenants of Broker. As an inducement to Lender to enter into this Agreement and to consummate the transactions contemplated hereunder, Xxxxxx Broker makes the following representations, warranties and covenants to Lender and any successor in interest to Lender under this Agreement as of the date hereof, as of each and every date Broker submits an Application to Lender, and as of the date any related mortgage loan is closed and funded by Lender. Lender shall be deemed to have relied on such representations, warranties and covenants, regardless of any independent investigation it may have made or may hereafter make.