Common use of Sponsor’s Representations and Warranties Clause in Contracts

Sponsor’s Representations and Warranties. The Sponsor makes the following representations and warranties on which the Depositor is relying in purchasing the Purchased Property. The representations and warranties are made as of the Closing Date and will survive the sale and assignment of the Purchased Property by the Sponsor to the Depositor under this Agreement and by the Depositor to the Issuer under the Sale and Servicing Agreement and the pledge of the Purchased Property by the Issuer to the Indenture Trustee under the Indenture:

Appears in 52 contracts

Samples: Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2024-C), Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2024-C), Receivables Purchase Agreement (Ford Credit Auto Receivables Two LLC)

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Sponsor’s Representations and Warranties. The Sponsor makes the following representations and warranties on which the Depositor is relying in purchasing the Purchased Property. The representations and warranties are made as of the Closing Date and will survive the sale and assignment of the Purchased Property by the Sponsor Ford Credit to the Depositor under this Agreement and by the Depositor to the Issuer under the Exchange Note Sale and Servicing Agreement and the pledge of the Purchased Property by the Issuer to the Indenture Trustee under the Indenture:

Appears in 36 contracts

Samples: Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2024-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2024-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2024-A)

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Sponsor’s Representations and Warranties. The Sponsor makes the following representations and warranties on which the Depositor is relying in purchasing the Purchased Property. The representations and warranties are made as of the Closing Date and will survive the sale and assignment of the Purchased Property by the Sponsor to the Depositor under this Agreement and by the Depositor to the Issuer under the Sale and Servicing Agreement and the pledge of the Purchased Property by the Issuer to the Indenture Trustee under the Indenture:

Appears in 6 contracts

Samples: Exchange Note Purchase Agreement (CAB East LLC), Receivables Purchase Agreement (Ford Credit Auto Receivables Two LLC), Receivables Purchase Agreement (Ford Credit Auto Receivables Two LLC)

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