Common use of Separate Identity Clause in Contracts

Separate Identity. The Issuer acknowledges that the Secured Parties are entering into the transactions contemplated by this Indenture in reliance upon the Issuer’s identity as a legal entity that is separate from the Receivables Seller, the Depositor or the Servicer (each, a “Facility Entity”).

Appears in 10 contracts

Sources: Indenture (New Residential Investment Corp.), Indenture (DITECH HOLDING Corp), Indenture (DITECH HOLDING Corp)

Separate Identity. The Issuer acknowledges that the Secured Parties are entering into the transactions contemplated by this Base Indenture in reliance upon the Issuer’s identity as a legal entity that is separate from the Receivables Seller, the Depositor Administrator or the Servicer (each, a “Facility Entity”).

Appears in 3 contracts

Sources: Base Indenture (Mr. Cooper Group Inc.), Base Indenture (loanDepot, Inc.), Base Indenture (PennyMac Financial Services, Inc.)

Separate Identity. The Issuer acknowledges that the Secured Parties are entering into the transactions contemplated by this Indenture in reliance upon the Issuer’s identity as a legal entity that is separate from the Receivables Seller, the Depositor or the Servicer (each, a “Facility Entity”).a

Appears in 2 contracts

Sources: Indenture (Nationstar Mortgage Holdings Inc.), Indenture (New Residential Investment Corp.)

Separate Identity. The Issuer acknowledges that the Secured Parties are entering into the transactions contemplated by this Indenture in reliance upon the Issuer’s 's identity as a legal entity that is separate from the Receivables Seller, the Depositor or the Servicer (each, a “Facility Entity”).

Appears in 2 contracts

Sources: Indenture (Nationstar Mortgage Holdings Inc.), Indenture (Nationstar Mortgage Holdings Inc.)

Separate Identity. The Issuer acknowledges that the Secured Parties are entering into the transactions contemplated by this Indenture in reliance upon the Issuer’s identity as a legal entity that is separate from the each Receivables Seller, the Depositor or the and each Servicer (each, a “Facility Entity”).

Appears in 1 contract

Sources: Indenture (New Residential Investment Corp.)