Capitalized terms used but not defined definition

Capitalized terms used but not defined herein have the meanings given to them in the Agreement and the Registration Statement. The terms "equity," "equity interest," "borrowings," "loan," "debt," "indebtedness," "liability" and similar terms shall have the meanings given to them under applicable federal income tax law. The undersigned recognizes that to the extent representations are made to the knowledge or best knowledge of any person(s) or entity(ies), ▇▇▇▇▇ & ▇▇▇▇▇ P.L.L.C. will be relying in its opinion on the accuracy of the underlying statements as if represented without such qualification.

Capitalized terms used but not defined herein shall have the meanings set forth in the Credit Agreement. As used herein, the following terms shall have the following meanings:

Capitalized terms used but not defined herein shall have the meanings assigned thereto in the Pooling and Servicing Agreement. Very truly yours, [Transferor] By:______________________________ Name: Title: FORM OF TRANSFEREE REPRESENTATION LETTER [Date] Deutsche Bank National Trust Company 1761 East St. Andrew Place Sa▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-4934 Re: Argent Securities Inc., Asset-Backed Pass-Through Certificates, Series 2004-W6, Class [M-7][CE] [P] [R] [R-X], [representing a % Percentage Interest] [with an aggregate Certificate Principal Balance of _____] [with a Notional Amount of ______] ------------------------------------------------------------ Ladies and Gentlemen: In connection with the purchase from ______________________ (the "Transferor") on the date hereof of the captioned trust certificates (the "Certificates"), _______________ (the "Transferee") hereby certifies as follows:

Capitalized terms used but not defined herein shall be given the same meaning as provided in the Collaboration Agreement dated as of September ___, 1998 between Dyax and Genzyme (the "Collaboration Agreement").

Capitalized terms used but not defined herein shall have the meaning assigned thereto in the Credit Agreement and if not in the Credit Agreement, then in the Note. All references herein to "Articles," "Sections" and other subdivisions refer to the corresponding Articles, Sections and other subdivisions of this Mortgage; and the words "herein," "hereof," "hereby," "hereunder" and words of similar import refer to this instrument as a whole and not to any particular Article, Section or subdivision of this Mortgage.

Capitalized terms used but not defined herein have the meanings set forth in the Pooling and Servicing Agreement. ------------------------------------------

Capitalized terms used but not defined herein are defined in Article I of the Indenture, which also contains rules as to construction that shall be applicable herein. The Issuer will pay interest on this Note at the rate per annum shown above on each Payment Date until the principal of this Note is paid or made available for payment, on the principal amount of this Note outstanding on the preceding Payment Date (after giving effect to all payments of principal made on such preceding Payment Date), subject to certain limitations contained in the last sentence of Section 3.01 of the Indenture. Interest on this Note will accrue for each Payment Date from and including the eighth day of the month preceding the month of such Payment Date (in the case of the first Payment Date, from the Closing Date) to and including the seventh day of the month of such Payment Date. Interest will be computed on the basis of a 360-day year of twelve 30-day months. Such principal of and interest on this Note shall be paid in the manner specified on the reverse hereof. The principal of and interest on this Note are payable in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. All payments made by the Issuer with respect to this Note shall be applied first to interest due and payable on this Note as provided above and then to the unpaid principal of this Note. Reference is made to the further provisions of this Note set forth on the reverse hereof, which shall have the same effect as though fully set forth on the face of this Note. Unless the certificate of authentication hereon has been executed by the Indenture Trustee whose name appears below by manual signature, this Note shall not be entitled to any benefit under the Indenture, or be valid or obligatory for any purpose.

Capitalized terms used but not defined herein shall have the meanings given to them in the Agreement. This letter relates to U.S. $____________ principal amount of Certificates that are held as a beneficial interest in the 144A Book-Entry Certificate (CUSIP No. ________) with DTC in the name of [insert name of transferor] (the "Transferor"). The Transferor has requested an exchange or transfer of the beneficial interest for an interest in the Permanent Regulation S Global Class B Certificate (CUSIP No. ________) to be held with [Euroclear] [Cedel] through DTC. In connection with the request and in receipt of the Certificates, the Transferor does hereby certify that the exchange or transfer has been effected in accordance with the transfer restrictions set forth in the Agreement and the Certificates and:

Capitalized terms used but not defined herein shall have the meanings given to such terms in the Indenture.