Rep and Warranty Claims definition

Rep and Warranty Claims means any claims against JPMorgan concerning or relating to any alleged breaches of representations and warranties made in connection with the origination, sale and/or delivery of Mortgage Loans to the Trusts, including breaches of any obligation to notify or to cure any such alleged breaches of representations and warranties or to repurchase any Mortgage Loans.
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Examples of Rep and Warranty Claims in a sentence

  • In any event, this Settlement Agreement shall continue to be in effect with respect to the Rep and Warranty Claims (unless terminated pursuant to another Section of this Settlement Agreement).

  • The scope of the Tolling Agreement is incorporated herein and shall continue to include all Rep and Warranty Claims and/or Servicing Claims for each of the Settlement Trusts, including the forbearance from asserting any such Rep and Warranty Claims and/or Servicing Claims by any Accepting Trustee.

  • The Institutional Investors and JPMorgan agree that upon the later of the Acceptance Date, Final Court Approval, or the date Final Court Approval becomes legally impossible, prior notices sent by the Institutional Investors to JPMorgan and/or any of the Accepting Trustees with respect to Rep and Warranty Claims and/or Servicing Claims shall be rendered null and void and will thereafter be rendered inoperative, as if they were never sent.

  • Once the aggregate amount of all Damages resulting from all Rep and Warranty Claims exceed the Indemnity Basket, the Buyer Indemnified Parties may, subject to Section 6.7 below, recover the entire amount of all Damages resulting from all Rep and Warranty Claims.

  • This Agreement and the Restructuring are part of a proposed settlement among the Parties with respect to the Plan treatment of claims including the Rep and Warranty Claims.

  • The Buyer Indemnified Parties may not assert any Rep and Warranty Claim against the Seller unless and until the aggregate amount of all Damages resulting from all Rep and Warranty Claims exceed the Indemnity Basket.

  • The Buyer Indemnified Parties may not assert (a) a Rep and Warranty Claim against the Seller to the extent the aggregate amount of all Damages relating to all Rep and Warranty Claims is greater than the Indemnity Cap, or (b) any claim for indemnification arising under this Article VI against the Seller to the extent the aggregate amount of all losses relating to all claims for indemnification arising under this Article VI is greater than the Purchase Price.

  • Except for providing the Request Letter, the Institutional Investors agree that between the date hereof and the Effective Date, with respect to the Securities issued by the Trusts, they will not, individually or collectively, direct, vote for, or take any other action that they may have the right or the option to take under the Governing Agreements or join with any other Investors or Trustees to cause the Trustees to enforce (or seek derivatively to enforce) any Rep and Warranty Claims for any Trust.

  • For the avoidance ofdoubt, nothing herein shall release or otherwise affect any claims for breaches of Representations and Warranties, including the 2006-3 Rep and Warranty Claims, in connection with, related to or arising from Mortgage Loans that are not Subject Group I Mortgage Loans.

  • The Buyer Indemnified Parties may not assert (a) a Rep and Warranty Claim against the Seller or the Members to the extent the aggregate amount of all Damages relating to all Rep and Warranty Claims is greater than the Indemnity Cap, or (b) any claim for indemnification arising under this Article VI against the Seller or the Members to the extent the aggregate amount of all Damages relating to all claims for indemnification arising under this Article VI is greater than the Indemnity Cap.

Related to Rep and Warranty Claims

  • Warranty Claim means a claim for breach of any of the Warranties.

  • Fundamental Representations and Warranties means the representations and warranties contained in Sections 3.1, 3.2, 3.6, 4.1 and 4.

  • Buyer Losses shall have the meaning set forth in Section 11.1 hereof;

  • Purchaser Losses shall have the meaning set forth in Section 9.1(a).

  • Seller’s Warranties means Seller’s representations and warranties set forth in Section 9.2 and the Closing Documents executed by Seller, as such representations and warranties may be deemed modified or waived by Buyer pursuant to the terms of this Agreement.

  • Representations and Warranties means the representations and warranties mentioned in Clause 4 hereto;

  • Seller Losses has the meaning set forth in Section 10.2(a).

  • Tax Warranty means a representation or warranty in Sections 3.17 or 3.19.

  • Tax Warranties means the warranties contained in Part 2 of Schedule 8;

  • Warranty Xxxx of Sale means the warranty (as to title) xxxx of sale covering the Aircraft executed by Manufacturer or an affiliate of Manufacturer in favor of Company and specifically referring to each Engine, as well as the Airframe, constituting a part of the Aircraft.

  • Manufacturer’s Warranty means the warranty supplied from time to time by the manufacturer of the Goods as at the date of the acceptance of the Statement of Work; “PPSA” means the Personal Property Securities Xxx 0000; “Price” means the amount specified within each Statement of Work (subject to any Variation) or as otherwise specified from the Company to the Customer representing the cost for the Works; “Related Work” means any additional building, carpentry, painting, plastering, plumbing or other work or other trades that the Customer requires, which are not to be carried out by the Company; “Services” means the services provided by the Company to the Customer as part of the Works, which may include without limitation the installation of Goods; “Services Delay Charge” means the services delay charge (if any) set out in the Statement of Work; “Services Interruption Event” means any interruption to a Works caused by; a Force Majeure Event, the Customer’s failure to carry out or perform any obligation required of it under this agreement which in the sole opinion of the Company does or may cause a delay in the Works and any other matter which in the reasonable opinion of the Company will cause an interruption or delay in the performance of the Works; “Statement of Work” means the details outlining the provision of the Works, which statement can be delivered verbally or in writing (including email) and may include (where applicable) an estimate or quotation (as specifically expressed as the case) of costs; “Variation” means a change in the Statement of Work including the specifications, scope, time of supply, price or scale of the Works and such variation shall form part of this agreement; “Workmanship” means a good and high quality and standard of delivery in connection with the Services performed; “Works” means the supply of Goods and the provision of Services to the Customer as per each Statement of Work;

  • Purchaser’s Warranties means the warranties of the Purchaser set out in Clause 6.2 and Schedule 2;

  • Purchaser Warranties shall have the meaning ascribed to the term in Clause 8.1;

  • Excluded Representations means the representations and warranties set forth in clause (iii) of Section 4.01(e) and in Section 4.01(f).

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Limited Warranty means the limited warranties and your coverage provided by IKO for your Shingles as expressly set out in this document, and are the only warranties being provided by IKO.

  • Extended Warranty means an agreement for a specified duration to

  • Transferred Liabilities has the meaning set forth in Section 2.02(a).

  • Warranty means any one of them.

  • Product Warranty has the meaning set forth in Section 9.3.

  • Defects Liability Period (Warranty Period) means the period stated in the Schedule A Special Stipulations, following the taking over, during which the Contractor is responsible for making good defects and damage in accordance with Clause 15.

  • Company Representations means the representations and warranties of the Company expressly and specifically set forth in Article IV of this Agreement, as qualified by the Schedules. For the avoidance of doubt, the Company Representations are solely made by the Company.

  • Section 510(b) Claims means any Claim against any Debtor: (a) arising from the rescission of a purchase or sale of a Security of any Debtor or an affiliate of any Debtor; (b) for damages arising from the purchase or sale of such a Security; or (c) for reimbursement or contribution Allowed under section 502 of the Bankruptcy Code on account of such a Claim; provided that a Section 510(b) Claim shall not include any Claims subject to subordination under section 510(b) of the Bankruptcy Code arising from or related to an Interest.

  • Buyer Group has the meaning set forth in Section 15.1.

  • Excluded Liability means any liability that is excluded under the Bail-In Legislation from the scope of any Bail-In Action including, without limitation, any liability excluded pursuant to Article 44 of the Bank Recovery and Resolution Directive.

  • Major Representation means a representation or warranty with respect to the Borrower or the Merger Sub only under any of Clause 18.2 (Status) to Clause 18.6 (Validity and admissibility in evidence) inclusive.