Common use of Representations and Warranties of Originator Clause in Contracts

Representations and Warranties of Originator. Originator makes the following representations and warranties as of the date hereof, on which Depositor relies in purchasing the Receivables and the Other Conveyed Property, on which the Issuer will rely in purchasing the Receivables and the Other Conveyed Property and on which the Insurer will rely in issuing the Policy. Such representations are made as of the execution and delivery of this Agreement, but will survive the sale, transfer and assignment of the Receivables and the Other Conveyed Property hereunder, and the sale, transfer and assignment thereof by Depositor to the Issuer. Originator and Depositor agree that Depositor will assign to Issuer all Depositor's rights under this Agreement and that the Indenture Trustee will thereafter be entitled to enforce this Agreement against Originator in the Indenture Trustee's own name on behalf of the Noteholders.

Representations and Warranties of Originator. Originator makes the following representations and warranties as of the date hereof, on which Depositor Seller relies in purchasing the Receivables and the Other Conveyed Property, on which the Issuer will rely in purchasing the Receivables and the Other Conveyed Property and on which the Insurer will rely in issuing the Policy. Such representations are made as of the execution and delivery of this Agreement, but will survive the sale, transfer and assignment of the Receivables and the Other Conveyed Property hereunder, and the sale, transfer and assignment thereof by Depositor Seller to the Issuer. Originator and Depositor Seller agree that Depositor Seller will assign to Issuer all DepositorSeller's rights under this Agreement and that the Indenture Trustee will thereafter be entitled to enforce this Agreement against Originator in the Indenture Trustee's own name on behalf of the Noteholders.