Assignor Provisions. Assignor (a) represents and warrants to Assignee that ------------------- as of the Effective Date (i) $_____________________________ and $______________________________ are outstanding (without reduction for any assignments that have not yet become effective) respectively under the Assignor's Term Note and Revolving Note, (ii) Assignor is the legal and beneficial owner of the Assigned Interest, which is free and clear of any adverse claim, and (iii) Assignor has not been notified of an existing Default or Potential Default, and (b) makes no representation or warranty to Assignee and assumes no responsibility to Assignee with respect to (i) any statements, warranties, or representations made in or in connection with any Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency, or value of any Loan Document, or (iii) the financial condition of any Company or the performance or observance by any Company of any of its obligations under any Loan Document.
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Assignor Provisions. Assignor (a) represents and warrants to Assignee ------------------- that ------------------- as of the Effective Date (i) $_____________________________ and $______________________________ are outstanding (without reduction for any assignments that have not yet become effective) respectively under the Assignor's Term Note and Revolving Note, (ii) Assignor is the legal and beneficial owner of the Assigned Interest, which is free and clear of any adverse claim, and (iii) Assignor has not been notified of an existing Default or Potential Default, and (b) makes no representation or warranty to Assignee and assumes no responsibility to Assignee with respect to (i) any statements, warranties, or representations made in or in connection with any Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency, or value of any Loan Document, or (iii) the financial condition of any Company or the performance or observance by any Company of any of its obligations under any Loan Document.
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Assignor Provisions. Assignor Assignor
(a) represents and warrants to Assignee that ------------------- as of the Assignment Effective Date (i) $_____________________________ and $______________________________ are is outstanding (without reduction for any assignments that have not yet become effective) respectively under the Assignor's Term Note and Revolving NoteWarehouse Credit Agreement, (ii) Assignor is the legal and beneficial owner of the Assigned Interest, which is free and clear of any adverse claim, and (iii) Assignor has not yet been notified of an existing Default or Potential Event of Default, and (b) makes no representation or warranty to Assignee and assumes no responsibility to Assignee 151 with respect to (i) any statements, warranties, or representations made in or in connection with any Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency, or value of any Loan Document, or (iii) the financial condition of any Company or the performance or observance by any Company of any of its obligations under any Loan Document.
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Sources: Senior Secured Seasoned Warehouse Credit Agreement (Mca Financial Corp /Mi/)
Assignor Provisions. Assignor (a) represents and warrants to Assignee that ------------------- as of the Effective Date (i) $_____________________________ the following principal amounts and $______________________________ LC liabilities are outstanding (owed to it without reduction for any assignments that have not yet become effective: Principal Debt of Revolving Facility $ LC reimbursement obligations $ § 2.3(b) respectively under the Assignor's Term Note participations $ and Revolving Note, (ii) Assignor is the legal and beneficial owner of the Assigned Interest, which is free and clear of any adverse claim, and (iii) Assignor has not been notified of an existing Default or Potential Default, and (b) makes no representation or warranty to Assignee and assumes no responsibility to Assignee with respect to (i) any statements, warranties, or representations made in or in connection with any Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency, or value of any Loan Document, or (iii) the financial condition of any Company or the performance or observance by any Company of any of its obligations under any Loan Document.
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Assignor Provisions. Assignor (a) represents and warrants to Assignee that ------------------- as of the Effective Date Date
(i) $_____________________________ and $______________________________ are $ - is outstanding (without reduction for any assignments that have not yet become effective) respectively under the Assignor's Term Note and Revolving Warehouse Note, (ii) Assignor is the legal and beneficial owner of the Assigned Interest, which is free and clear of any adverse claim, and (iii) Assignor has not been notified of an existing Event of Default or Potential Default, and (b) makes no representation or warranty to Assignee and assumes no responsibility to Assignee with respect to (i) any statements, warranties, or representations made in or in connection with any Loan Credit Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency, or value of any Loan Credit Document, or (iii) the financial condition of any Company or the performance or observance by any Company of any of its obligations under any Loan Credit Document.
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Sources: Credit Agreement (Cfi Mortgage Inc)
Assignor Provisions. Assignor Assignor
(a) represents and warrants to Assignee that ------------------- as of the Effective Date (i) $_____________________________ and $______________________________ are is outstanding (without reduction for any assignments that have not yet become effective) respectively under the Assignor's Term Note and Revolving Warehouse Note, (ii) Assignor is the legal and beneficial owner of the Assigned Interest, which is free and clear of any adverse claim, and (iii) Assignor has not been expressly notified of an existing Event of Default or Potential Default, and (b) makes no representation or warranty to Assignee and assumes no responsibility to Assignee with respect to (i) any statements, warranties, or representations made in or in connection with any Loan Credit Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency, or value of any Loan Credit Document, or (iii) the financial condition of any Company or the performance or observance by any Company of any of its obligations under any Loan Credit Document.
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Sources: Credit Agreement (American Business Financial Services Inc /De/)
Assignor Provisions. Assignor (a) represents and warrants to Assignee ------------------- that ------------------- as of the Effective Date (i) $_____________________________ and $______________________________ are is outstanding (without reduction for any assignments that have not yet become effective) respectively under the Assignor's Term Note Warehouse Note, Working-Capital Note, and Revolving Term-Line Note, respectively, (ii) Assignor is the legal and beneficial owner of the Assigned Interest, which is free and clear of any adverse claim, and (iii) Assignor has not been notified of an existing Default or Potential Default, and (b) makes no representation or warranty to Assignee and assumes no responsibility to Assignee with respect to (i) any statements, warranties, or representations made in or in connection with any Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency, or value of any Loan Document, or (iii) the financial condition of any Company or the performance or observance by any Company of any of its obligations under any Loan Document.
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