Common use of PRIMARY SERVICER REPRESENTATIONS AND WARRANTIES Clause in Contracts

PRIMARY SERVICER REPRESENTATIONS AND WARRANTIES. The Primary Servicer hereby makes for the benefit of the Master Servicer the same representations and warranties as are made by the Master Servicer under Section 8.20 of the Pooling and Servicing Agreement; provided, however, that (a) references therein to the Master Servicer shall be deemed references to the Primary Servicer and references to the Trustee shall be deemed references to the Master Servicer, (b) the Primary Servicer is duly organized, validly existing and in good standing as a limited liability company under the laws of the jurisdiction of its organization. Primary Servicer further represents that since origination of each Mortgage Loan, Primary Servicer has serviced each of the Mortgage Loans in accordance with its terms.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital 1 Inc Series 2000-Prin)

PRIMARY SERVICER REPRESENTATIONS AND WARRANTIES. The Primary Servicer hereby makes for the benefit of the Master Servicer the same representations and warranties as are made by the Master Servicer under Section 8.20 of the Pooling and Servicing Agreement; provided, however, that (a) references therein to the Master Servicer shall be deemed references to the Primary Servicer and references to the Trustee shall be deemed references to the Master Servicer, (b) the Primary Servicer is duly organized, validly existing and in good standing as a limited liability company under the laws of the jurisdiction of its organization. Primary Servicer further represents that since origination of the each Mortgage Loan, Primary Servicer has serviced each of the Mortgage Loans in accordance with its terms.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Morgan Stanley Capital I Inc Depositor for Ser 1999-Life1)