tokens: With respect to each Loan , Servicer hereby represents and warrants to each of the Holders on the date of acquisition of such Loan by the Holders : ( a ) if Servicer or any Affiliate ( as defined in the Master Venture Agreement ) of Servicer acquired the Loan , Servicer and / or such Affiliate conveying the Loan to the Holders have good title to , and are the sole holders of the Loan , free and clear of any liens , security interests , claims , charges or other encumbrances ; ( b ) Servicer has not assigned , pledged , transferred or encumbered all or any portion of the Loan ; ( c ) Servicer has no other material agreements with the Borrower under the Loan with respect to the Loan other than as set forth in the Loan Documents , ( d ) none of the Borrower or any guarantors under the Loan have been released by Servicer from any obligation under any of the Loan Documents , and no collateral has been 9 released by Servicer from the lien of any other security agreement executed in connection with the Loan ; ( e ) the Servicer has acted in accordance with Accepted Loan Servicing Practices in acquiring the Loan ; and ( f ) the Servicer will report the Loan as a purchase of an interest in the Loan under generally accepted accounting principles .