Due Incorporation and Good Standing. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of New York. Purchaser is qualified to transact business in each jurisdiction in which such qualification is deemed necessary to service the Mortgage Loans.
Appears in 5 contracts
Samples: Mortgage Servicing Purchase and Sale Agreement (Merrill Lynch Investors Trust, Series 2006-A2), Mortgage Servicing Purchase and Sale Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-Af2), Mortgage Servicing Purchase and Sale Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-A1)
Due Incorporation and Good Standing. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State state of New Yorkits incorporation. Purchaser is qualified to transact business in each jurisdiction in which such qualification is deemed necessary necessary, except where the failure to service be so qualified will not have a material adverse effect on Seller, Purchaser or the Mortgage LoansServicing.
Appears in 1 contract
Samples: Mortgage Servicing Purchase and Sale Agreement (Sterling Bancshares Inc)
Due Incorporation and Good Standing. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State state of New Yorkits incorporation. Purchaser is qualified to transact business in each jurisdiction in which such qualification is deemed necessary necessary, except where the failure to service be so qualified will not have a material adverse effect on the Mortgage LoansSeller, the Purchaser or the Servicing.
Appears in 1 contract
Samples: Mortgage Servicing Purchase and Sale Agreement (Source One Mortgage Services Corp)
