Common use of Due Qualification Clause in Contracts

Due Qualification. Seller is duly qualified to do business as a foreign corporation, is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is entity in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires or shall require such qualification.;

Due Qualification. The Seller is shall be duly qualified to do business as a foreign corporation, is limited liability company in good standing, and has shall have obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications and where the failure to so qualify will have a material adverse effect on the ability of the Seller to conduct its business or perform its obligations under this Agreement.

Due Qualification. The Seller is shall be duly qualified to do business as a foreign corporation, is corporation in good standing, and has shall have obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications and where the failure to so qualify will have a material adverse effect on the ability of the Seller to conduct its business or perform its obligations under this Agreement.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is in good standing, standing and has obtained all necessary licenses and approvals in all jurisdictions in which where the ownership or lease of its property failure to do so would materially and adversely affect Seller’s ability to transfer the Receivables and the Other Conveyed Property to the Trust pursuant to this Agreement, or the conduct validity or enforceability of its business requires such qualificationthe Receivables and the Other Conveyed Property or to perform Seller’s obligations hereunder and under the Seller’s Basic Documents.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications and where the failure to so qualify would have a material adverse effect on the ability of the Seller to perform its obligations under this Agreement.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is limited liability company in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business activities requires such qualification, license or approval, unless the failure to obtain such qualifications, licenses or approvals would not reasonably be expected to have a material adverse effect on the Seller’s ability to perform its obligations under this Agreement.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is limited liability company in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is in good standing, standing and has obtained all necessary licenses and approvals in all jurisdictions in where the failure to do so would materially and adversely affect Seller’s ability to transfer the Receivables and the Other Conveyed Property to the Trust pursuant to this Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Seller’s obligations hereunder and under the Basic Documents to which the ownership or lease of its property or the conduct of its business requires such qualificationSeller is a party.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is limited liability company in good standing, and has obtained all necessary licenses and approvals in all jurisdictions each jurisdiction in which such qualification, license or approval is necessary for the ownership or lease performance of its property or obligations under and consummation of the conduct of its business requires such qualificationtransactions contemplated by the Basic Documents.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which where the ownership or lease of its property or failure to do so would materially and adversely affect the conduct of its business requires such qualificationSeller’s ability to acquire, own and service the Receivables.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which where the ownership or lease of its property or failure to do so would reasonably be expected to materially and adversely affect the conduct of its business requires such qualificationSeller’s ability to acquire, own and service the Receivables.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is limited liability company in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which each jurisdiction where any such failure to do so would materially and adversely affect the ownership or lease of Seller’s ability to perform its property or obligations under and consummate the conduct of its business requires such qualificationtransactions contemplated by the Basic Documents.

Due Qualification. Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership failure to so qualify or lease of its property to obtain such license or approval would render any Receivable unenforceable that would otherwise be enforceable by the Seller, the Sub-Servicer or the conduct of its business requires such qualificationOwner Trustee.

Due Qualification. Seller is duly qualified to do business as a foreign corporationlimited liability company, is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is limited liability company in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions each jurisdiction in which such qualification, license or approval is necessary for the ownership or lease performance of its property or obligations under and consummation of the conduct of its business requires such qualificationtransactions contemplated by the Basic Documents.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has shall have obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including the servicing of the Receivables as required by the Sale and Servicing Agreement) shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is business trust in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, standing and has obtained all necessary licenses and approvals in all jurisdictions in which where the ownership or lease of its property failure to do so would materially and adversely affect Seller’s ability to transfer the Receivables and the Other Conveyed Property to the Trust pursuant to this Agreement, or the conduct validity or enforceability of its business requires such qualificationthe Receivables and the Other Conveyed Property or to perform Seller’s obligations hereunder and under the Seller’s Basic Documents.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is entity in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications and where the failure to so qualify would have a material adverse effect on the ability of the Seller to perform its obligations under this Agreement.

Due Qualification. The Seller is shall be duly qualified to do business as a foreign corporation, is limited partnership in good standing, and has shall have obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is shall be duly qualified to do business as a foreign corporation, is corporation in good standing, and has shall have obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications, licenses or approvals (except where the failure to so qualify or obtain such licenses and approvals would not be reasonably likely to have a material adverse effect on the Seller’s business, operations, assets, revenues or properties).

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is limited liability company in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires or the consummation of the transactions contemplated by the Basic Documents shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. The Seller is duly qualified to do business as a ----------------- foreign corporation, is corporation in good standing, standing and has obtained all necessary licenses and approvals in all jurisdictions in which where the ownership or lease of its property failure to do so would materially and adversely affect Seller's ability to transfer the Receivables and the Other Conveyed Property to the Trust pursuant to this Agreement, or the conduct validity or enforceability of its business requires such qualificationthe Receivables and the Other Conveyed Property or to perform Seller's obligations hereunder and under the Seller's Basic Documents.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications and in which the failure to do so would materially and adversely affect the Purchaser’s performance of its obligations under, the validity or enforceability of, this Agreement or the Seller Assets.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires or shall require such qualification.;

Due Qualification. The Seller is duly qualified to do business as a foreign corporationand, where necessary, is in good standing, standing as a foreign corporation (or is exempt from such requirement) and has obtained all necessary licenses and approvals in all jurisdictions each jurisdiction in which the ownership or lease of its property or the conduct of its business requires such qualificationqualification except where the failure to so qualify or obtain licenses or approvals would not have a material adverse effect on its ability to perform its obligations hereunder.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualificationqualifications.

Due Qualification. The Seller is shall be duly qualified to do business as a foreign corporation, is limited liability company in good standing, and has shall have obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, standing and has obtained all necessary licenses and approvals in all jurisdictions in which where the ownership or lease of its property failure to do so would materially and adversely affect the Seller’s ability to transfer the respective Subsequent Receivables and the Subsequent Other Conveyed Property to the Purchaser pursuant to this Agreement, or the conduct validity or enforceability of its business requires such qualificationthe respective Subsequent Receivables and the Subsequent Other Conveyed Property or to perform the Seller’s obligations hereunder and under the Seller’s Related Documents.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications and in which the failure to do so would materially and adversely affect the Purchaser’s performance of its obligations under, the validity or enforceability of, this Agreement or the Conveyed Assets.

Due Qualification. Seller is duly qualified to do business as a foreign corporationstatutory trust, is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, standing and has obtained all necessary licenses and approvals in all jurisdictions in where the failure to do so would materially and adversely affect Seller's ability to transfer the Receivables and the Other Conveyed Property to the Trust pursuant to this Agreement, or the validity or enforceability of the Series Trust Estate or to perform Seller's obligations hereunder and under the Basic Documents to which the ownership or lease of its property or the conduct of its business requires such qualificationSeller is a party.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.;

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualificationqualifications, licenses or approvals (except where the failure to so qualify or obtain such licenses and approvals would not be reasonably likely to have a material adverse effect on the Seller’s business, operations, assets, revenues or properties).

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including the origination of the Samco Receivables as required by the Sale and Servicing Agreement) shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporationand, where necessary, is in good standing, standing as a foreign corporation (or is exempt from such requirement) and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or each jurisdiction where the conduct of its business requires such qualificationqualification except where the failure to so qualify or obtain licenses or approvals would not have a material adverse effect on its ability to perform its obligations hereunder.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporationand, where necessary, is in good standing, standing as a foreign corporation (or is exempt from such requirement) and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or each jurisdiction where the conduct of its business requires such qualification, except where the failure to so qualify or obtain licenses or approvals would not have a material adverse effect on its ability to perform its obligations hereunder.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, standing and has obtained all necessary licenses and approvals in all jurisdictions in which where the ownership or lease of its property failure to do so would materially and adversely affect Seller’s ability to transfer the Subsequent Receivables and the Subsequent Other Conveyed Property to the Trust pursuant to this Agreement, or the conduct validity or enforceability of its business requires such qualificationthe Subsequent Receivables and the Subsequent Other Conveyed Property or to perform Seller’s obligations hereunder and under the Seller’s Basic Documents.

Due Qualification. The Seller is duly qualified to do business as a foreign corporationand, where necessary, is in good standing, standing as a foreign corporation (or is exempt from such requirement) and has obtained all necessary licenses and approvals in all jurisdictions each jurisdiction in which the ownership or lease of its property or the conduct of its business requires such qualification.qualification except where the failure to so qualify or obtain licenses or approvals would not have a material adverse effect on its ability to perform its obligations hereunder;

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including the origination and the servicing of the Receivables as required by the Sale and Servicing Agreement) shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business and is in good standing (or is exempt from such requirements) as a foreign corporation, is corporation in good standingany state required in order to conduct its business, and has obtained all necessary licenses and approvals with respect to the Seller required under applicable law; provided that no representation or warranty is made with respect to any qualifications, licenses or approvals which the Buyer would have to obtain to do business in all jurisdictions any state in which the ownership or lease of its property or the conduct of its business requires such qualificationBuyer seeks to enforce any Receivable.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications, licenses or approvals (except where the failure to so qualify would not be reasonably likely to have a material adverse effect on the Seller's business, operations, assets, revenues, properties or prospects).

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property property, including the Receivables, or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including the origination and the servicing of the Receivables as required by the Pooling and Servicing Agreement) shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporationlimited liability company, is in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires or the consummation of the transactions contemplated by the Basic Documents shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is limited liability company in good standing, and has obtained all necessary licenses and approvals in all jurisdictions (including Pennsylvania) in which the ownership or lease of its property or the conduct of its business requires such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including, without limitation, the origination and servicing of the Receivables) shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which where the ownership or lease of its property failure to do so would materially and adversely affect the Seller's ability to transfer the Receivables to the Trust pursuant to this Agreement or the conduct validity or enforceability of its business requires such qualificationthe Receivables.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including without limitation, the origination and servicing of the Receivables) shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including the origination of the Linc Receivables as required by the Sale and Servicing Agreement) shall require such qualificationqualifications.

Due Qualification. Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification, licenses or approvals except where the failure to so qualify or have such licenses or approvals has not had, and could not reasonably be expected to have, a Material Adverse Effect.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporationand, where necessary, is in good standing, standing as a foreign company (or is exempt from such requirement) and has obtained all necessary licenses and approvals in all jurisdictions each jurisdiction in which the ownership or lease of its property or the conduct of its business requires such qualificationqualification except where the failure to so qualify or obtain licenses or approvals would not have a material adverse effect on its ability to perform its obligations hereunder.

Due Qualification. Seller is duly qualified to do business as a foreign corporationand, where necessary, is in good standing, standing as a foreign corporation (or is exempt from such requirement) and has obtained all necessary licenses and approvals in all jurisdictions each jurisdiction in which the ownership or lease of its property or the conduct of its business requires such qualificationqualification except where the failure to so qualify or obtain licenses or approvals would not have a material adverse effect on its ability to perform its obligations hereunder.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualificationqualifications, licenses or approvals (except where the failure to so qualify and to obtain such licenses and approvals would not be reasonably likely to have a material adverse effect on the Seller's business, operations, assets, revenues, properties or prospects).

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications, licenses or approvals and as to which the failure to obtain such licenses or approvals would have a material and adverse impact upon the value or collectability of the Receivables.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary material licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications, except where the failure to be so qualified or to have obtained such licenses or approvals would not have a material adverse effect on the Seller's earnings, business affairs or business prospects.

Due Qualification. The Seller is duly qualified to do business and is in good standing (or is exempt from such requirements), as a foreign corporation, is corporation in good standingany state required in order to conduct business, and has obtained all necessary licenses and approvals with respect to the Seller required under applicable law; provided that no representation or warranty is made with respect to any qualifications, licenses or approvals which the Buyer would have to obtain to do business in all jurisdictions any state in which the ownership or lease of its property or the conduct of its business requires such qualificationBuyer seeks to enforce any Receivable.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is limited liability company in good standing, and has obtained all necessary material licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications, except where the failure to be so qualified or to have obtained such licenses or approvals would not have a material adverse effect on the Seller’s earnings, business affairs or business prospects.

Due Qualification. The Seller is duly qualified to do business as a foreign corporationand, where necessary, is in good standing, standing as a foreign partnership (or is exempt from such requirement) and has obtained all necessary licenses and approvals in all jurisdictions each jurisdiction in which the ownership or lease of its property or the conduct of its business requires such qualification.qualification except where the failure to so qualify or obtain licenses or approvals would not have a material adverse effect on its ability to perform its obligations hereunder;

Due Qualification. The Seller is duly qualified to do business as a foreign corporationand, where necessary, is in good standing, standing as a foreign partnership (or is exempt from such requirement) and has obtained all necessary licenses and approvals in all jurisdictions each jurisdiction in which the ownership or lease of its property or the conduct of its business requires such qualificationqualification except where the failure to so qualify or obtain licenses or approvals would not have a material adverse effect on its ability to perform its obligations hereunder.

Due Qualification. Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all other jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification, licenses or approvals has not had, and except where the failure to so qualify or have such licenses or approvals has not had, and could not reasonably be expected to have, a Material Adverse Effect.

Due Qualification. Such Seller is duly qualified to do business as a foreign corporationand, where necessary, is in good standing, standing as a foreign corporation (or is exempt from such requirement) and has obtained all necessary licenses and approvals in all jurisdictions each jurisdiction in which the ownership or lease of its property or the conduct of its business requires such qualificationqualification except where the failure to so qualify or obtain licenses or approvals would not have a material adverse effect on its ability to perform its obligations hereunder.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires or shall require such qualification.

Due Qualification. Seller is duly qualified to do business and is in good standing as a foreign corporation, corporation (or is in good standing, exempt from such requirements) and has obtained all necessary licenses and approvals approvals, in all jurisdictions each jurisdiction in which failure to so qualify or to obtain such licenses and approvals would have a material adverse effect on Purchaser, the ownership or lease of its property Issuer or the conduct of its business requires such qualificationNoteholders.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is limited liability company in good standing, and has obtained all necessary licenses and approvals approvals, in all foreign jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications, licenses or approvals (except where the failure to so qualify or obtain such licenses and approvals would not be reasonably likely to have a material adverse effect on the Seller’s business, operations, assets, revenues or properties).

Due Qualification. Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all other jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification, licenses or approvals, except where the failure to so qualify or have such licenses or approvals has not had, and could not reasonably be expected to have, a Material Adverse Effect.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications, except where the failure of the Seller to so qualify or obtain such licenses or approvals would not have a material adverse effect on the Seller or any Receivable.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualificationqualifications, licenses or approvals (except where the failure to so qualify would not be reasonably likely to have a material adverse effect on the Seller's business, operations, assets, revenues, properties or prospects, the Securitization Property, the Issuer or the Securitization Bonds).

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership failure to so qualify or lease of its property to obtain any such license or approval would render any Receivable unenforceable that would otherwise be enforceable by the Seller or the conduct of its business requires such qualificationIssuer.

Due Qualification. The Seller is duly qualified to do business and is in good standing as a foreign corporation, is in good standing, corporation and has obtained all necessary licenses and approvals approvals, in all jurisdictions each jurisdiction in which the ownership or lease of its property or the conduct nature of its business requires such qualificationit to be so qualified.

Due Qualification. The Seller is duly qualified to do business and is in good standing as a foreign corporation, is in good standinglimited partnership, and has obtained all necessary licenses and approvals approvals, in all jurisdictions each jurisdiction in which the ownership failure to so qualify or lease of its property to obtain such licenses and approvals would have, or the conduct of its business requires such qualificationcould reasonably be expected to have a Material Adverse Effect.

Due Qualification. The Seller is duly qualified to do business and is in good standing (or is exempt from such requirements), as a foreign corporation, is corporation in good standingany state required in order to conduct its business, and has obtained all necessary licenses and approvals in all jurisdictions in which with respect to the ownership or lease of its property or the conduct of its business requires such qualificationSeller required under applicable law.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.and

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standingstanding or equivalent status, and has obtained all necessary licenses and approvals approvals, in all jurisdictions jurisdictions, other than Florida, in which the ownership or lease of its property or the conduct of its business requires such qualificationqualifications, licenses or approvals (except where the failure to so qualify and to obtain such licenses and approvals would not be reasonably likely to have a material adverse effect on the Seller's business, operations, assets, revenues, properties or prospects).

Due Qualification. Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business (including, without limitation, such business as a "premium finance company") requires such qualificationqualification or approvals.

Due Qualification. Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property property, or the conduct of its business requires shall require such qualificationqualifications, except where the failure to so obtain would not have a material adverse impact either on Seller, the transactions contemplated in the Basic Documents or the Receivables.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualificationqualifications, licenses or approvals (except where the failure to so qualify and to obtain such licenses and approvals would not be reasonably likely to have a material adverse effect on the Seller’s business, operations, assets, revenues, properties or prospects).

Due Qualification. The Seller is duly qualified to do business and is in good standing as a foreign corporation, corporation (or is in good standing, exempt from such requirements) and has obtained all necessary licenses and approvals approvals, in all jurisdictions each jurisdiction in which failure to so qualify or to obtain such licenses and approvals would (i) render any Credit Card Agreement relating to an Account, or any Receivable unenforceable by the ownership or lease of its property Seller, [ ] or the conduct of its business requires such qualificationTrust and (ii) have a material adverse effect on the Investor Certificateholders.

Due Qualification. Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. Seller is duly qualified to do business as a foreign corporation[_______], is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. Such Seller is duly qualified to do business as a foreign corporation, is organization in good standing, standing and has obtained all necessary qualifications, licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualificationqualifications, licenses or approvals or, if not so qualified, the failure to so qualify would not have a Material Adverse Effect with respect to such Seller.

Due Qualification. Seller is duly qualified to do business ----------------- as a foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business business, including without limitation, the acquisition and sale of the Receivables, requires such qualification.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualificationqualifications, licenses or approvals (except where the failure to so qualify or obtain such licenses and approvals would not be reasonably likely to have a material adverse effect on the Seller’s business, operations, assets, revenues or properties).

Due Qualification. The Seller is duly qualified to do business as a foreign corporation----------------- and, where necessary, is in good standing, standing as a foreign corporation (or is exempt from such requirement) and has obtained all necessary licenses and approvals in all jurisdictions each jurisdiction in which the ownership or lease of its property or the conduct of its business requires such qualificationqualification except where the failure to so qualify, be in good standing or obtain licenses or approvals would not have a Material Adverse Effect.

Due Qualification. The Seller is duly qualified to do business and is in good standing as a foreign corporation, corporation (or is in good standingexempt from such requirements), and has obtained all necessary licenses and approvals approvals, in all jurisdictions each jurisdiction in which the ownership failure to so qualify or lease of to obtain such licenses and approvals would have a Material Adverse Effect on its property or the conduct of ability to perform its business requires such qualificationobligations hereunder.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualificationqualifications, licenses or approvals.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is entity in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications, except where the failure to do so does not, and is not reasonably expected to, have a Material Adverse Effect.