Common use of Due Qualification Clause in Contracts

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

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

Due Qualification. The Borrower is (i) duly qualified to do business, business and is in good standing as a foreign entity limited liability company in its jurisdiction of formation, and (ii) has obtained all necessary qualifications, licenses and approvals approvals, in all jurisdictions in which the ownership or lease of property or the conduct of its business requires such qualificationqualifications, licenses or approvals, except where the failure to do be so qualified or to have obtained such licenses or approvals could not reasonably be expected to have a Material Adverse Effect.

Due Qualification. The Borrower is (i) duly qualified to do business, business and is in good standing as a foreign entity limited liability company in its jurisdiction of formation, and (ii) has obtained all necessary qualifications, licenses and approvals approvals, in all jurisdictions in which the ownership or lease of property or the conduct of its business requires such qualificationqualifications, licenses or approvals, except where the failure to do be so qualified, licensed or approved could not reasonably be expected to have a Material Adverse Effect.

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

Due Qualification. The Borrower is (i) duly qualified to do business, business and is in good standing as a foreign entity limited liability company in its jurisdiction of formation, and (ii) has obtained all necessary qualifications, licenses and approvals approvals, in all jurisdictions in which the ownership or lease of property or the conduct of its business requires such qualificationqualifications, licenses or approvals, except where the failure to do so could be qualified, licensed or approved would not reasonably be expected to have a Material Adverse Effect.

Due Qualification. The Borrower is duly qualified to do businessbusiness as a limited liability company, is in good standing as a foreign entity limited liability company and has obtained all necessary licenses and approvals in all jurisdictions in which the conduct of its business requires such qualification, licenses or approvals, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Due Qualification. The Borrower is duly qualified to do businessbusiness as a limited liability company, is in good standing as a foreign entity limited liability company and has obtained all necessary licenses and approvals in all jurisdictions in which the conduct of its business requires such qualification, licenses or approvals, except where the failure to do so could would not reasonably be expected to have a Material Adverse Effect.

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

Due Qualification. The Borrower is duly qualified to do business, business and is in good standing as a foreign entity statutory trust, and has obtained or will obtain all necessary licenses and approvals approvals, in all jurisdictions each jurisdiction in which the conduct nature of its business requires such qualification, licenses or approvals, except where the failure it to do be so could not reasonably be expected to have a Material Adverse Effectqualified.

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

Due Qualification. The Borrower and each of the Borrower Subsidiaries is duly qualified to do business, is in good standing business as a foreign entity in good standing (to the extent such concept is applicable), and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the conduct of its business requires such qualification, licenses or approvals, except where the failure to do so could not reasonably be expected to have qualify, or obtain such license or approval, would result in a Material Adverse Effect.

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

Due Qualification. The Borrower is duly qualified to do business, is in good standing as a foreign entity and has obtained all necessary licenses and approvals in all jurisdictions in which the conduct of its business requires such qualification, licenses or approvals, except where the failure to do so could would not reasonably be expected to have a Material Adverse EffectEffect on the Borrower.

Due Qualification. The Borrower is duly qualified to do businessbusiness as a limited liability company, is in good standing as a foreign entity limited liability company, 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, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Due Qualification. The Borrower is duly qualified to do business, is in good standing business as a foreign entity statutory trust, and has obtained all necessary qualifications, licenses and approvals approvals, in all jurisdictions in which the conduct of its business requires such qualificationqualifications, licenses or approvals, approvals except where to the extent that failure to do so obtain all necessary qualifications, licenses, or approvals could not reasonably be expected to have a Material Adverse Effect.

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

Due Qualification. The Borrower is duly qualified to do businessbusiness as a corporation, is in good standing as a foreign entity limited liability company and has obtained all necessary licenses and approvals in all jurisdictions in which the conduct of its business requires such qualification, licenses or approvals, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Due Qualification. The Borrower is duly qualified to do business, is in good standing business as a foreign entity statutory trust in good standing, and has obtained all necessary licenses and approvals approvals, in all other jurisdictions in which the ownership or lease of property or the conduct of its business activities requires such qualificationqualifications, unless the failure to obtain such qualifications, licenses or approvals, except where the failure to do so could approvals would not reasonably be expected to have a Material Adverse Effectmaterial adverse effect on the ability of the Borrower to perform its obligations under any Borrower Basic Document.

Due Qualification. The Borrower is duly qualified to do business, is business as a foreign business entity in good standing as a foreign entity and has obtained all necessary required licenses and approvals approvals, if any, in all jurisdictions in which the ownership or lease of property or the conduct of its business requires such qualification, licenses or approvals, qualifications except where the those jurisdictions in which failure to do be so could qualified would not reasonably be expected to have a Material Adverse Effectmaterial adverse effect on the business or operations of the Borrower or the Borrower’s performance hereunder.

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

Due Qualification. The Borrower is duly qualified to do business, is in good standing ----------------- business as a foreign 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 such qualification, licenses or approvals, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

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

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

Due Qualification. The Borrower is duly qualified to do businessbusiness as a limited liability company, is in good standing as a foreign entity and has obtained all necessary licenses and approvals in all jurisdictions in which the conduct of its business requires such qualification, licenses or approvals, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Due Qualification. The Borrower is duly qualified to do business, is business in good standing as a foreign entity and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of property or the conduct of its business (including the servicing of the Receivables as required by this Agreement) requires or shall require such qualification, licenses or approvals, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.;

Due Qualification. The Borrower is duly qualified to do business, is in good standing business as a foreign entity 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 (including, without limitation, the financing of the Pledged ABS and other Collateral as provided hereunder and the performance of its other obligations under the other Loan Documents to which it is a party) shall require such qualificationqualifications, licenses or and/or approvals, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Due Qualification. The Borrower is duly qualified to do business, is in good standing business as a foreign 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 such qualification, licenses or approvals, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

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

Due Qualification. The Borrower is duly qualified to do business, business and is in good standing as a foreign entity limited liability company and the Member is duly qualified to do business and is in good standing as a corporation, and, in each case, has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of property or the conduct of its business requires such qualificationqualifications, licenses or approvalsapprovals (including, except where as applicable, the failure to do so could not reasonably be expected to have a Material Adverse Effectorigination, purchase, sale, pledge and servicing of the Receivables).

Due Qualification. The Borrower is duly qualified to do business, business and is in good standing as a foreign entity limited liability company, and has obtained all necessary qualifications, licenses and approvals approvals, in all jurisdictions in which the ownership or lease of property or the conduct of its business requires such qualificationqualifications, licenses or approvals, except where the failure to do so could receive such qualifications would not be reasonably be expected to have result in a Material Adverse Effect.

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

Due Qualification. The Borrower is duly qualified to do business, is in good standing business as a foreign entity in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of property or the conduct of its business requires such qualification, licenses or approvals, except where to the extent that the failure to do be so could not reasonably be expected qualified, licensed or approved would not, in the aggregate, materially and adversely affect the ability of the Borrower to have perform its obligations under and comply with the terms of this Purchase Agreement or any other Transaction Document to which it is a Material Adverse Effect.party;

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

Due Qualification. The Borrower is duly qualified to do business, business and ----------------- is in good standing as a foreign entity corporation, and has obtained or will obtain all necessary licenses and approvals approvals, in all jurisdictions each jurisdiction in which the conduct of its business requires such qualification, licenses or approvals, except where the failure to do so could not reasonably be expected to qualify would have a Material Adverse Effectmaterial adverse effect on its ability to perform its obligations hereunder and under the Loans.

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

Due Qualification. The Borrower is duly qualified to do business, is in good standing business as a foreign entity in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the conduct of its business requires such qualification, licenses or approvals, except where the failure to do so could not reasonably be expected to would have a Material Adverse Effectmaterial adverse effect on its ability to perform its obligations hereunder or under any other Transaction Document to which it is a party.

Due Qualification. The Borrower is duly qualified to do business, business and is in good standing as a foreign entity corporation, and has obtained or will obtain all necessary licenses and approvals approvals, in all jurisdictions each jurisdiction in which the conduct of its business requires such qualification, licenses or approvals, except where the failure to do so could not reasonably be expected to qualify would have a Material Adverse Effectmaterial adverse effect on its ability to perform its obligations hereunder.

Due Qualification. The Borrower is duly qualified to do business, business and is in good standing as a foreign entity business trust, and has obtained or will obtain all necessary licenses and approvals approvals, in all jurisdictions each jurisdiction in which the conduct nature of its business requires such qualification, licenses or approvals, except where the failure it to do be so could not reasonably be expected to have a Material Adverse Effectqualified.

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

Due Qualification. The Borrower is duly qualified to do businessbusiness as a limited liability company, is in good standing as a foreign entity limited liability company and has obtained all necessary licenses and approvals in all jurisdictions in which the conduct of its business requires such qualification, licenses or approvals, except where the failure to do so could not reasonably be expected to have a Borrower Material Adverse Effect.

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

Due Qualification. The Borrower is duly qualified to do business, business and is in good standing as a foreign entity limited liability company and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of property or the conduct of its business requires such qualificationqualifications, licenses or approvalsapprovals (including, except where as applicable, the failure to do so could not reasonably be expected to have a Material Adverse Effectorigination, purchase, sale, pledge and servicing of the Receivables and the other Collateral).

Due Qualification. The Borrower is duly qualified to do business, is in good standing business as a foreign entity in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of property or the conduct of its business requires such qualification, licenses or approvals, except where to the extent that the failure to do be so could not reasonably be expected qualified, licensed or approved would not, in the aggregate, materially and adversely affect the ability of Borrower to have perform its obligations under and comply with the terms of this Purchase Agreement or any other Transaction Document to which it is a Material Adverse Effect.party;

Due Qualification. The Borrower is duly qualified to do business, business and is in good standing as a foreign entity entity, and has obtained all necessary licenses licenses, authorizations, consents and approvals, in each jurisdiction in which failure to so qualify or to obtain such licenses, authorizations, consents and approvals in all jurisdictions in which the conduct of its business requires such qualification, licenses or approvals, except where the failure to do so could not reasonably be expected to would have a Material Adverse EffectEffect on the conduct of the Borrower's business.

Due Qualification. The Borrower is duly qualified to do business, is in good standing business as a foreign entity in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the conduct of its business requires shall require such qualification, licenses license or approvals, approval (except where the failure to do be so could qualified, licensed and approved would not reasonably be expected to individually or in the aggregate have a Material Adverse Effect.

Due Qualification. The Borrower is duly qualified to do business, is in good standing business as a foreign entity 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 property, or the conduct of its business requires shall require such qualificationqualifications, licenses or approvals, except and approvals and where the failure to do so qualify or to obtain such licenses and approvals could not be reasonably be expected to have a Material Adverse Effect.

Due Qualification. The Borrower is duly qualified to do businessqualified, is in good standing and authorized to do business as a foreign entity and has obtained all necessary licenses and approvals limited liability company in all jurisdictions in which the conduct of its business requires such qualification, licenses other states or approvals, except where countries wherein the failure to do so could not reasonably be expected to qualify would have a Material Adverse Effect.

Due Qualification. The Borrower is duly qualified to do business, is in good standing business as a foreign entity 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 do so could not reasonably be expected to have a Material Adverse Effect.

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