Common use of Representations and Warranties as to Each Receivable Clause in Contracts

Representations and Warranties as to Each Receivable. Compass Auto hereby makes the following representations and warranties as to each Receivable conveyed by it to Company hereunder on which Company is relying in acquiring the Receivables. Unless otherwise indicated, such representations and warranties shall speak as of the Closing Date, but shall survive the sale, transfer and assignment of the Receivables to Company hereunder and from Company to Issuer under the Sale and Servicing Agreement, and the pledge thereof to Indenture Trustee pursuant to the Indenture.