Common use of Representations, Warranties and Covenants of the Depositor Clause in Contracts

Representations, Warranties and Covenants of the Depositor. THE SERVICER AND THE SELLER; COVENANT OF DEPOSITOR TO CONVEY HOME EQUITY LOANS...................................................................................19 Section 2.01 Representations and Warranties of the Depositor..........................................19 Section 2.02 Representations and Warranties of the Servicer...........................................21 Section 2.03 Representations and Warranties of the Seller.............................................23 Section 2.04 Covenants of Seller to Take Certain Actions with Respect to the Home Equity Loans in Certain Situations.......................................................26 Section 2.05 Conveyance of the Initial Home Equity Loans and Qualified Replacement Mortgages....................................................................32 Section 2.06 Acceptance by Indenture Trustee; Certain Substitutions of Home Equity Loans; Certification by Indenture Trustee................................................36 Section 2.07 Conveyance of the Subsequent Home Equity Loans...........................................38 Section 2.08 Custodian................................................................................39 Section 2.09

Representations, Warranties and Covenants of the Depositor. THE SERVICER AND THE SELLER; COVENANT OF DEPOSITOR TO CONVEY HOME EQUITY LOANS...................................................................................19 .......................................................18 Section 2.01 Representations and Warranties of the Depositor..........................................19 .......................................18 Section 2.02 Representations and Warranties of the Servicer...........................................21 ........................................20 Section 2.03 Representations and Warranties of the Seller.............................................23 ..........................................22 Section 2.04 Covenants of Seller to Take Certain Actions with Respect to the Home Equity Loans in Certain Situations.......................................................26 ...............................................25 Section 2.05 Conveyance of the Initial Home Equity Loans and Qualified Replacement Mortgages....................................................................32 .................................................................31 Section 2.06 Acceptance by Indenture Trustee; Certain Substitutions of Home Equity Loans; Certification by Indenture Trustee................................................36 .............................................35 Section 2.07 Conveyance of the Subsequent Home Equity Loans...........................................38 [Reserved]............................................................................36 Section 2.08 Custodian................................................................................39 .............................................................................36 Section 2.09

Representations, Warranties and Covenants of the Depositor. THE SERVICER AND THE SELLER; COVENANT OF DEPOSITOR SELLER TO CONVEY HOME EQUITY LOANS...................................................................................19 ..........................................................29 Section 2.01 3.01 Representations and Warranties of the Depositor..........................................19 .......................................29 Section 2.02 3.02 Representations and Warranties of the Servicer...........................................21 ........................................31 Section 2.03 3.03 Representations and Warranties of the Seller.............................................23 ..........................................33 Section 2.04 3.04 Covenants of Seller to Take Certain Actions with Respect to the Home Equity Loans in Certain Situations.......................................................26 .................................................................36 Section 2.05 3.05 Conveyance of the Initial Home Equity Loans and Qualified Replacement Mortgages....................................................................32 Mortgages .....................................................................................42 Section 2.06 3.06 Acceptance by Indenture Trustee; Certain Substitutions of Home Equity Loans; Certification by Indenture Trustee................................................36 ...............................................................................46 Section 2.07 3.07 Conveyance of the Subsequent Home Equity Loans...........................................38 ........................................47 Section 2.08 3.08 Custodian................................................................................39 Section 2.09.............................................................................49

Representations, Warranties and Covenants of the Depositor. THE SERVICER AND THE SELLER; COVENANT OF DEPOSITOR TO CONVEY HOME EQUITY LOANS...................................................................................19 .......................................................21 Section 2.01 Representations and Warranties of the Depositor..........................................19 .......................................21 Section 2.02 Representations and Warranties of the Servicer...........................................21 ........................................23 Section 2.03 Representations and Warranties of the Seller.............................................23 ..........................................25 Section 2.04 Covenants of Seller to Take Certain Actions with Respect to the Home Equity Loans in Certain Situations.......................................................26 ....................................................28 Section 2.05 Conveyance of the Initial Home Equity Loans and Qualified Replacement Mortgages....................................................................32 .................................................................34 Section 2.06 Acceptance by Indenture Trustee; Certain Substitutions of Home Equity Loans; Certification by Indenture Trustee................................................36 .............................................38 Section 2.07 Conveyance of the Subsequent Home Equity Loans...........................................38 [Reserved]............................................................................39 Section 2.08 Custodian.............................................................................................................................................................39 Section 2.09

Representations, Warranties and Covenants of the Depositor. THE SERVICER AND THE SELLER; COVENANT OF DEPOSITOR TO CONVEY HOME EQUITY MORTGAGE LOANS...................................................................................19 18 Section 2.01 Representations and Warranties of the Depositor..........................................19 .......................................18 Section 2.02 Representations and Warranties of the Servicer...........................................21 ........................................20 Section 2.03 Representations and Warranties of the Seller.............................................23 ..........................................22 Section 2.04 Covenants of Seller to Take Certain Actions with Respect to the Home Equity Mortgage Loans in Certain Situations.......................................................26 ..................................................24 Section 2.05 Conveyance of the Initial Home Equity Mortgage Loans and Qualified Replacement Mortgages....................................................................32 .............................................................................31 Section 2.06 Acceptance by Indenture Trustee; Certain Substitutions of Home Equity Mortgage Loans; Certification by Indenture Trustee................................................36 .............................................34 Section 2.07 Conveyance of the Subsequent Home Equity Mortgage Loans...........................................38 35 Section 2.08 Custodian................................................................................39 .............................................................................37 Section 2.09

Representations, Warranties and Covenants of the Depositor. THE SERVICER AND THE SELLER; COVENANT OF DEPOSITOR SELLER TO CONVEY HOME EQUITY LOANS...................................................................................19 LOANS Section 2.01 3.01 Representations and Warranties of the Depositor..........................................19 ............................. 35 Section 2.02 3.02 Representations and Warranties of the Servicer...........................................21 .............................. 37 Section 2.03 3.03 Representations and Warranties of the Seller.............................................23 ................................ 39 Section 2.04 3.04 Covenants of Seller to Take Certain Actions with Respect to the Home Equity Loans in Certain Situations.......................................................26 .......................................... 42 Section 2.05 3.05 Conveyance of the Initial Home Equity Loans and Qualified Replacement Mortgages....................................................................32 ................................................................... 49 Section 2.06 3.06 Acceptance by Indenture Trustee; Certain Substitutions of Home Equity Loans; Certification by Indenture Trustee................................................36 .................................................... 53 Section 2.07 3.07 Conveyance of the Subsequent Home Equity Loans...........................................38 .............................. 54 Section 2.08 3.08 Custodian................................................................................39 Section 2.09................................................................... 57 ARTICLE IV ISSUANCE AND SALE OF CERTIFICATES

Representations, Warranties and Covenants of the Depositor. THE SERVICER AND THE SELLER; COVENANT OF DEPOSITOR TO CONVEY HOME EQUITY LOANS..........................................................................................................................................19 Section 2.01 Representations and Warranties of the Depositor.................................................................................19 Section 2.02 Representations and Warranties of the Servicer...................................................................................21 Section 2.03 Representations and Warranties of the Seller.......................................................................................23 Section 2.04 Covenants of Seller to Take Certain Actions with Respect to the Home Equity Loans in Certain Situations......................................................................................................26 Section 2.05 Conveyance of the Initial Home Equity Loans and Qualified Replacement Mortgages.....................................................................................................................................32 Section 2.06 Acceptance by Indenture Trustee; Certain Substitutions of Home Equity Loans; Certification by Indenture Trustee......................................................................................36 Section 2.07 Conveyance of the Subsequent Home Equity Loans...........................................38 ........................................37 Section 2.08 Custodian.............................................................................................................................................................39 Section 2.09

Representations, Warranties and Covenants of the Depositor. THE SERVICER AND THE SELLER; COVENANT OF DEPOSITOR TO CONVEY HOME EQUITY LOANS...................................................................................19 .......................................................17 Section 2.01 Representations and Warranties of the Depositor..........................................19 .......................................17 Section 2.02 Representations and Warranties of the Servicer...........................................21 ........................................19 Section 2.03 Representations and Warranties of the Seller.............................................23 ..........................................21 Section 2.04 Covenants of Seller to Take Certain Actions with Respect to the Home Equity Loans in Certain Situations.......................................................26 ...........................................................24 Section 2.05 Conveyance of the Initial Home Equity Loans and Qualified Replacement Mortgages....................................................................32 ...............31 Section 2.06 Acceptance by Indenture Trustee; Certain Substitutions of Home Equity Loans; Certification by Indenture Trustee................................................36 ......................................35 Section 2.07 Conveyance of the Subsequent Home Equity Loans...........................................38 Reserved..............................................................................36 Section 2.08 Custodian................................................................................39 .............................................................................36 Section 2.09

Representations, Warranties and Covenants of the Depositor. THE SERVICER AND THE SELLERSELLERS; COVENANT OF DEPOSITOR SELLERS TO CONVEY HOME EQUITY LOANS...................................................................................19 ............................. 33 Section 2.01 3.01 Representations and Warranties of the Depositor..........................................19 ...................................... 33 Section 2.02 3.02 Representations and Warranties of the Servicer...........................................21 ....................................... 35 Section 2.03 3.03 Representations and Warranties of the Seller.............................................23 Sellers........................................ 37 Section 2.04 3.04 Covenants of Seller the Sellers to Take Certain Actions with Respect to the Home Equity Loans in In Certain Situations.......................................................26 .............................................. 39 Section 2.05 3.05 Conveyance of the Initial Home Equity Loans and Qualified Replacement Mortgages....................................................................32 ............................................................................ 47 Section 2.06 3.06 Acceptance by Indenture Trustee; Certain Substitutions of Home Equity Loans; Certification by Indenture Trustee................................................36 ............................................................. 50 ARTICLE IV ISSUANCE AND SALE OF CERTIFICATES...................................... 52 Section 2.07 Conveyance 4.01 Issuance of the Subsequent Home Equity Loans...........................................38 Certificates............................................................. 52 Section 2.08 Custodian................................................................................39 Section 2.094.02 Sale of Certificates................................................................. 52 ARTICLE V