Covenants, Representations, and Warranties of Servicer. The Servicer hereby makes the following covenants to the other parties hereto and the Certificate Insurer on which the Trustee shall conclusively rely in accepting the Receivables in trust and issuing the Certificates and on which the Certificate Insurer shall rely in issuing the Policy. (a) The Servicer covenants as follows:
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (Painewebber Asset Acceptance Corp), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC)