Representations and Warranties Regarding the Loans in the Aggregate Clause Samples
The 'Representations and Warranties Regarding the Loans in the Aggregate' clause serves to confirm that, collectively, the loans covered by the agreement meet certain specified standards and criteria. This clause typically requires the party making the representations to affirm that all loans, when considered as a group, comply with agreed-upon characteristics such as credit quality, documentation completeness, or regulatory compliance. By addressing the loans in aggregate rather than individually, this clause helps ensure that the overall loan portfolio meets the expectations of the parties and mitigates the risk of systemic issues within the pool of loans.
Representations and Warranties Regarding the Loans in the Aggregate. The Originator has represented and warranted to the Seller in the Transfer Agreement, which representations and warranties the Seller has assigned to the Trustee for the benefit of the Certificateholders and the Class C Certificateholder, as of the Closing Date with respect to the Initial Loans and Additional Loans, and as of each Subsequent Transfer Date with respect to the related Subsequent Loans, that:
Representations and Warranties Regarding the Loans in the Aggregate. The Company represents and warrants to the Certificateholders and the Class C Certificateholders, as of the Closing Date with respect to the Initial Loans, and as of each Subsequent Transfer Date with respect to the related Subsequent Loans, that:
Representations and Warranties Regarding the Loans in the Aggregate