Doing Business. All parties which have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and any qualification requirements of Xxxxxxx Mac or Xxxxxx Mae, as applicable, and (2) either (i) organized under the laws of such state, or (ii) qualified to do business in such state, or (iii) federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;
Appears in 6 contracts
Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-8xs), Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-13), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax)
Doing Business. All parties which have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were)
(1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, located and any qualification requirements of FHA, Xxxxxxx Mac Mac, Xxxxxx Xxx, GNMA or Xxxxxx MaeVA, as applicable, and (2) either (ia) organized under the laws of such state, or (iib) qualified to do business in such state, or (iiic) federal savings and loan association, a savings bank associations or a national bank banks having a principal office offices in such state, or (3d) not doing business in such state;
Appears in 4 contracts
Samples: Master Seller’s Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax), Master Seller’s Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-14ar), Master Seller’s Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-15ar)
Doing Business. All To the best of the Responsible Party's knowledge, all parties which have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were)
(1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and any qualification requirements of Xxxxxxx Mac or Xxxxxx Mae, as applicable, and (2) either (i) organized under the laws of such state, or (ii) qualified to do business in such state, or (iii) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2004-Op1), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2005-Op2), Pooling and Servicing Agreement (Sabr Trust 2005-Op1)
Doing Business. All parties which have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were)
(1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, located and any qualification requirements of Xxxxxxx Mac FHA, Fxxxxxx Mac, Fxxxxx Mxx, GNMA or Xxxxxx MaeVA, as applicable, and (2) either (ia) organized under the laws of such state, or (iib) qualified to do business in such state, or (iiic) federal savings and loan association, a savings bank associations or a national bank banks having a principal office offices in such state, or (3d) not doing business in such state;
Appears in 2 contracts
Samples: Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax), Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2007-15ar)
Doing Business. All parties which have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were)
(1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and any qualification requirements of Xxxxxxx Freddie Mac or Xxxxxx Fannie Mae, as applicable, and (2) either (i) organized under organxxxx xxder the laws of xxxx xf such state, or (ii) qualified to do business in such state, or (iii) federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;
Appears in 2 contracts
Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-2ax), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2006-9ar)
Doing Business. All parties which have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were)
(1i) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and any qualification requirements of Xxxxxxx Mac or Xxxxxx Mae, as applicable, and (2ii) either (iA) organized under the laws of such state, or (iiB) qualified to do business in such statestate if failure to so qualify would have a Material Adverse Effect, or (iiiC) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3D) not doing business in such state;.
Appears in 1 contract
Samples: Master Loan and Security Agreement (BNC Mortgage Inc)
Doing Business. All parties which have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were)
(1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and any qualification requirements of Xxxxxxx Freddie Mac or Xxxxxx Fannie Mae, as applicable, and (2) either (i) organized orxxxxxxx under the laws txx xxxs of such state, or (ii) qualified to do business in such state, or (iii) federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;
Appears in 1 contract
Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2006-17xs)
Doing Business. All parties which have had any legal interest in the Mortgage LoanMortgage, whether as mortgageeMortgagee, assigneeassignee (other than Purchaser), pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were)
) (1A) in compliance in all material respects with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and any qualification requirements of Xxxxxxx Mac or Xxxxxx Mae, as applicable, located and (2B) either (i1) organized under the laws of such state, or (ii2) qualified to do business in such state, or (iii3) a federal savings and loan association, a national bank, a Federal Home Loan Bank or a savings bank or a national bank having a principal office offices in such state, state or (34) not doing business in such state;.
Appears in 1 contract
Samples: Non Delegated Application
Doing Business. All parties which have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were)
(1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and any qualification requirements of Xxxxxxx Freddie Mac or Xxxxxx Fannie Mae, as applicable, and (2) either (i) organized under orgaxxxxx xnder the laws xxxx of such state, or (ii) qualified to do business in such state, or (iii) federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;
Appears in 1 contract
Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-6xs)
Doing Business. All parties which have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were)
(1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and any qualification requirements of Xxxxxxx Mac or Xxxxxx Mae, as applicable, and (2) either (i) organized under the laws of such state, or (ii) qualified to do business in such state to the extent required by applicable law to do business in such state, or (iii) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;
Appears in 1 contract
Doing Business. All parties which have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were)
(1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and any qualification requirements of Xxxxxxx Freddie Mac or Xxxxxx Fannie Mae, as applicable, and (2) either (i) organized under organizxx xxxxr the laws of laxx xx such state, or (ii) qualified to do business in such state, or (iii) federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;
Appears in 1 contract
Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2006-11)
Doing Business. All To the best of Responsible Party's knowledge, all parties which have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were)
(1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and any qualification requirements of Xxxxxxx Mac or Xxxxxx Mae, as applicable, located and (2) either (i) organized under the laws of such state, or (ii) qualified to do business in such state, or (iii) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, state or (3) not doing business in such state;
Appears in 1 contract
Samples: Pooling and Servicing Agreement (GS Mortgage GSAMP Trust 2004-Opt)
Doing Business. All As of the Closing Date, all parties which have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were)
(1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and any qualification requirements of Xxxxxxx Mac or Xxxxxx Mae, as applicable, and (2) either (i) organized under the laws of such state, or (ii) qualified to do business business, or exempt from such qualification, in such state, or (iii) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;
Appears in 1 contract
Doing Business. All parties which that have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were)
(1i) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located, and any qualification requirements (ii) to the extent required under the laws of Xxxxxxx Mac or Xxxxxx Maesuch state, as applicable, and (2) either (iA) organized under the laws of such state, or (iiB) qualified to do business in such state, or (iiiC) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3D) not doing business in such state;.
Appears in 1 contract
Samples: Master Repurchase Agreement and Securities Contract (Korth Direct Mortgage Inc.)