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Common use of Due Incorporation and Good Standing Clause in Contracts

Due Incorporation and Good Standing. Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware. Purchaser is qualified to transact business in each jurisdiction in which such qualification is deemed necessary.

Appears in 21 contracts

Samples: Current Excess Servicing Spread Acquisition Agreement, Future Spread Agreement for Non Agency Mortgage Loans (Nationstar Mortgage Holdings Inc.), Current Excess Servicing Spread Acquisition Agreement (Nationstar Mortgage Holdings Inc.)

Due Incorporation and Good Standing. Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware. Purchaser is qualified to transact business in each jurisdiction in which such qualification is deemed necessarynecessary .

Appears in 2 contracts

Samples: Sale and Assignment Agreement (Newcastle Investment Corp), Sale and Assignment Agreement (Nationstar Mortgage Holdings Inc.)

Due Incorporation and Good Standing. Purchaser is a limited liability company corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Purchaser is qualified to transact business in each jurisdiction in which such qualification is deemed necessarynecessary to service the Mortgage Loans.

Appears in 2 contracts

Samples: Mortgage Servicing Purchase and Sale Agreement, Mortgage Servicing Purchase and Sale Agreement (Hibernia Corp)