Examples of Specific Representation in a sentence
Any cause of action against the Company relating to or arising out of the breach of any Company Specific Representation or Mortgage Loan Representation shall accrue as to any Mortgage Loan upon (i) discovery of such breach by the Purchaser or notice thereof by the Company to the Purchaser, (ii) failure by the Company to cure such breach or repurchase such Mortgage Loan as specified above, and (iii) demand upon the Company by the Purchaser for compliance with this Agreement.
The representations and warranties in Schedule I attached hereto entitled the Specific Representation Schedule are true and correct in all material respects.
Disclosing Party and its Shareholders and Affiliates Expressly Disclaim the Accuracy or Completeness of Any and All Information Provided Unless a Specific Representation Is Made with Reference to this Agreement in Writing by the Disclosing Party.
In connection with any such substitution, the Company shall be deemed to have made as to such Qualified Substitute Mortgage Loan each Company Specific Representation and each Mortgage Loan Representation, except that all such representations and warranties set forth in this Agreement shall be deemed made as of the date of such substitution.
In the event that a breach shall involve any Company Specific Representation, and such breach cannot be cured within sixty (60) days of the earlier of either discovery by or notice to the Company of such breach, all of the Mortgage Loans shall, at the Purchaser's option, be repurchased by the Company at the Repurchase Price.