Representation and Warranty definition
Examples of Representation and Warranty in a sentence
Secured Party shall not waive a breach of any Perfection Representation and Warranty.
Each purchaser of this Trust Certificate shall be required, prior to purchasing a Trust Certificate, to execute the Purchaser’s Representation and Warranty Letter in the form attached to the Trust Agreement as Exhibit B.
Neither the Trust nor the Trustee shall waive a breach of any Perfection Representation and Warranty.
In the event the Representation and Warranty Threshold is met, then the Non-Breaching Party shall be entitled to seek to collect from the Breaching Party any and all damages, liabilities, losses, costs or expenses suffered or incurred as a result of all such breaches of the representations and warranties set forth herein on a first dollar basis and not merely to recover damages in excess of the Representation and Warranty Liability Threshold.
Section 3.24 Sub-Servicing Agreement Representation and Warranty..........