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

Representations, Warranties and Covenants of Obligors. By its execution and delivery of this Master Agreement each Obligor hereby makes each of the following representations, warranties and covenants to the Trustee and the Noteholders of the related Series on which representations, warranties and covenants the Trustee relies in accepting the related Series Trust Estate in trust and on which the Noteholders of the related Series have relied in agreeing to purchase the related Notes. Such representations, warranties and covenants are deemed to be remade and reaffirmed on the Series Closing Date for each Series, and shall survive the date of the making or remaking of such representations and warranties. Each of the covenants of each Obligor with respect to a Series shall continue until the Final Date of such Series. (a) Each Obligor represents and warrants, as to itself, that:

Appears in 3 contracts

Samples: Master Facility Agreement (Advanta Business Services Corp), Master Facility Agreement (Advanta Leasing Receivables Corp Ix), Master Facility Agreement (Advanta Leasing Receivables Corp Ix)

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Representations, Warranties and Covenants of Obligors. By its execution and delivery of this Master Agreement a Series Supplement, each Obligor hereby makes will be deemed to have made each of the following representations, warranties and covenants to the Trustee and the Noteholders of the related Series on which representations, warranties and covenants the Trustee relies in accepting the related Series Trust Estate in trust and on which the Noteholders of the related Series have relied in agreeing to purchase the related Notes. Such representations, warranties and covenants are deemed to be remade made and reaffirmed affirmed on the Series Closing Date for each the related Series, and shall survive the date of the making or remaking of such representations and warranties. Each of the Obligor's covenants of each Obligor with respect to a Series shall continue until the Final Date of such Series. (a) Each Obligor represents and warrants, as to itself, that:

Appears in 1 contract

Samples: Master Business Receivables Asset Backed Financing Facility Agreement (Advanta Business Services Corp)

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