Representations of Transferor Clause Samples
The 'Representations of Transferor' clause sets out the specific statements and assurances that the party transferring an asset or interest (the transferor) makes to the receiving party. These representations typically cover the transferor’s authority to enter into the agreement, the validity of their ownership, and the absence of undisclosed liabilities or encumbrances on the asset being transferred. By requiring the transferor to make these declarations, the clause helps ensure that the transferee receives clear title and is protected from unforeseen risks, thereby allocating responsibility and reducing the likelihood of disputes after the transfer.
Representations of Transferor. The Transferor makes the following representations on which each of the Depositor and the Issuer is deemed to have relied in acquiring the Receivables. The representations speak as of the execution and delivery of this Agreement and as of the Closing Date, in the case of the Receivables, and shall survive the transfer of the Receivables to the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.
Representations of Transferor. 11 SECTION 4.02. Corporate Existence..................................... 12 SECTION 4.03. Liability of the Transferor............................. 12 SECTION 4.04. Indemnification......................................... 12
Representations of Transferor. The Transferor hereby makes the following representations on which the 1998-C Securitization Trustee relies in accepting the 1998-C SUBI and 1998-C SUBI Certificate in trust and authenticating the Certificates. The representations speak as of the execution and delivery of this 1998-C Securitization Trust Agreement, but shall survive the sale, transfer and assignment of the 1998-C SUBI and 1998-C SUBI Certificate to the 1998-C Securitization Trustee.
Representations of Transferor. 35 SECTION 6.02.
Representations of Transferor. 78 SECTION 6.02 Liability of Transferor; Indemnities..................................................80 SECTION 6.03 Merger or Consolidation of, or Assumption of the Obligations of, Transferor...........81 SECTION 6.04 Limitation on Liability of Originator, Transferor and Others..........................82 SECTION 6.05 Originator and Transferor May Own Securities..........................................82 SECTION 6.06 Additional Covenants of the Transferor................................................82
Representations of Transferor. Transferor represents and warrants to Transferee that is the legal owner of the Certificate and is certified for the sale or transfer of TDRs from King County Tax Parcels and , as set for in the Certificate.
Representations of Transferor. Transferor individually and on behalf of the Corporation represents and warrants to Transferee as follows:
Representations of Transferor. The Transferor hereby makes the following representations on which the Owner Trustee relies in accepting the 1998-A SUBI Interest and 1998-A SUBI Certificate in trust and executing and authenticating the Transferor Certificate and executing the Notes and on which the Indenture Trustee relies in authenticating the Notes. The representations speak as of the execution and delivery of this Agreement, but shall survive the sale, transfer and assignment of the 1998-A SUBI Interest and 1998-A SUBI Certificate to the Indenture Trustee and the Owner Trustee.
Representations of Transferor. 42 Section 5.02. Liability of Transferor; Indemnities........................................................ 43
Representations of Transferor. In addition to the representations and warranties of Transferor set forth in Section 4 of the Standard Terms, Transferor hereby makes the representations and warranties set forth on Schedule V hereto to Buyer.