As to the Seller. (i) The Seller (i) is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and (ii) is qualified and in good standing as a foreign corporation to do business in each jurisdiction where such qualification is necessary, except where the failure so to qualify would not have a material adverse effect on the Seller's ability to enter into this Agreement and each Subsequent Transfer Instrument and to consummate the transactions contemplated hereby and thereby;
Appears in 3 contracts
Samples: Equity Loan Purchase Agreement (Pacificamerica Money Center Inc), Equity Loan Purchase Agreement (Pacificamerica Money Center Inc), Equity Loan Purchase Agreement (Merrill Lynch Mortgage Investors Inc)
As to the Seller. (i) The Seller (i) is a corporation duly organized, validly existing and in good standing under the laws of the State Commonwealth of Delaware Virginia and (ii) is qualified and in good standing as a foreign corporation to do business in each jurisdiction where such qualification is necessary, except where the failure so to qualify would not have a material adverse effect on the Seller's ability to enter into this Purchase Agreement and each Subsequent Transfer Instrument and to consummate the transactions contemplated hereby and thereby;
Appears in 1 contract
Samples: Mortgage Loan Purchase Agreement (Novastar Mortgage Funding Corp Series 2002-2)
As to the Seller. (i) The Seller (i) is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware Maryland and (ii) is qualified and in good standing as a foreign corporation to do business in each jurisdiction where such qualification is necessary, except where the failure so to qualify would not have a material adverse effect on the Seller's ability to enter into this Agreement and each Subsequent Transfer Instrument and to consummate the transactions contemplated hereby and thereby;
Appears in 1 contract
Samples: Ownership Transfer Agreement (Salomon Br Mor Sec Vii Inc Series 1998-11)