Common use of Authorized to do Business Clause in Contracts

Authorized to do Business. To the extent required under applicable law, as of the Cut-off Date and as of each date that Seller held the Mortgage Note, Seller was authorized to transact and do business in the jurisdiction in which each related Mortgaged Property is located, or the failure to be so authorized does not materially and adversely affect the enforceability of such Mortgage Loan by the Issuer.

Appears in 5 contracts

Samples: Collateral Interest Purchase Agreement (TPG RE Finance Trust, Inc.), Collateral Interest Purchase Agreement (Granite Point Mortgage Trust Inc.), Mortgage Asset Purchase Agreement (TPG RE Finance Trust, Inc.)

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Authorized to do Business. To the extent required under applicable law, as of the Cut-off Date and as of each date that the Seller held the Mortgage Note, the Seller was authorized to transact and do business in the jurisdiction in which each related Mortgaged Property is located, or the failure to be so authorized does not materially and adversely affect the enforceability of such Mortgage Loan by the Issuer.

Appears in 2 contracts

Samples: Collateral Interest Purchase Agreement (TPG RE Finance Trust, Inc.), Collateral Interest Purchase Agreement (TPG RE Finance Trust, Inc.)

Authorized to do Business. To the extent required under applicable law, as of the Cut-off Purchase Date and as of each date that Seller held the Mortgage Note, such Seller was authorized to transact and do business in the jurisdiction in which each related Mortgaged Property is located, or the failure to be so authorized does not materially and adversely affect the enforceability of such Commercial Mortgage Loan by the IssuerBuyer.

Appears in 2 contracts

Samples: Master Repurchase Agreement (FS Credit Real Estate Income Trust, Inc.), Master Repurchase Agreement (FS Credit Real Estate Income Trust, Inc.)

Authorized to do Business. To the extent required under applicable law, as of the Cut-off Closing Date and as of each date that Seller held the Mortgage Note, Seller was authorized to transact and do business in the jurisdiction in which each related Mortgaged Property is located, or the failure to be so authorized does not materially and adversely affect the enforceability of such Mortgage Loan by the IssuerLoan.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (LoanCore Realty Trust, Inc.)

Authorized to do Business. To the extent required under applicable law, as of the Cut-off Purchase Date and as of each date that Seller held the Mortgage Note, Seller was authorized to transact and do business in the jurisdiction in which each related Mortgaged Property is located, or the failure to be so authorized does not materially and adversely affect the enforceability of such Mortgage Purchased Loan by the IssuerBuyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (RAIT Financial Trust)

Authorized to do Business. To the extent required under applicable law, as of the Cut-off Purchase Date and as of each date that Seller held the Mortgage Note, such Seller was authorized to transact and do business in the jurisdiction in which each related Mortgaged Property is located, or the failure to be so authorized does not materially and adversely affect the enforceability of such Commercial Mortgage Loan by the IssuerBuyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (RMR Mortgage Trust)

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Authorized to do Business. To the extent required under applicable law, as of the Cut-off Purchase Date and as of each date that Seller held the Mortgage Note, Seller was authorized to transact and do business in the jurisdiction in which each related Mortgaged Property is located, or the failure to be so authorized does not materially and adversely affect the enforceability of such Commercial Mortgage Loan by the IssuerBuyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (RAIT Financial Trust)

Authorized to do Business. To the extent required under applicable law, as of the Cut-off Date and as of each date that Seller held the Mortgage Note, Seller was authorized to transact and do business in the jurisdiction in which each related Mortgaged Property mortgaged property is located, or the failure to be so authorized does not materially and adversely affect the enforceability of such Mortgage Loan by the IssuerTrust.

Appears in 1 contract

Samples: Indenture (LoanCore Realty Trust, Inc.)

Authorized to do Business. To the extent required under applicable law, as of the Cut-off Purchase Date and as of each date that the Seller held the Mortgage Note, such Seller was authorized to transact and do business in the jurisdiction in which each related Mortgaged Property is located, or the failure to be so authorized does not materially and adversely affect the enforceability of such Commercial Mortgage Loan by the IssuerBuyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (Granite Point Mortgage Trust Inc.)

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