Common use of Representations, Warranties and Covenants of the Unaffiliated Seller and the Servicers Clause in Contracts

Representations, Warranties and Covenants of the Unaffiliated Seller and the Servicers. (a) Master Financial hereby makes the representations and warranties set forth in (i) Schedule II hereto to the Depositor, the Unaffiliated Seller, the Custodian, the Securities Administrator and the Trustee and (ii) Schedule IIA hereto to the Unaffiliated Seller, in each case, as of the Closing Date, and with respect to Subsequent Mortgage Loans, as of the related Subsequent Transfer Date; provided, however, that in the case of clause (ii), Master Financial only makes representations and warranties with respect to those Mortgage Loans on Schedule IA hereto for which the Servicing Transfer Date has occurred prior to the Closing Date or the related Subsequent Transfer Date, as applicable.