Mortgagor Formation or Incorporation Sample Clauses

Mortgagor Formation or Incorporation. To the Seller's knowledge, the related Mortgagor is a Person formed or incorporated in a jurisdiction within the United States.
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Mortgagor Formation or Incorporation. To the Depositor's knowledge, the related Mortgagor is a Person formed or incorporated in a jurisdiction within the United States.
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Mortgagor Formation or Incorporation. To the knowledge of the Depositor and the Xxxxxx Mortgage Loan Seller, the related Mortgagor is a Person formed or incorporated in a jurisdiction within the United States.
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Mortgagor Formation or Incorporation. To the Seller's knowledge, the related Mortgagor is a Person formed or incorporated in a jurisdiction within the United States. No Ownership Interest in Mortgagor. The Seller has no ownership interest in the related Mortgaged Property or the related Mortgagor other than as the holder of such Mortgage Loan being sold and assigned, and neither the Seller nor any affiliate of the Seller has any obligation to make any capital contributions to the related Mortgagor under the Mortgage or any other related Mortgage Loan document. No Undisclosed Common Ownership. To the Seller's knowledge, except where multiple properties secure an individual Mortgage Loan and except for properties securing Mortgage Loans that are cross-defaulted and cross-collateralized, no two properties securing Mortgage Loans are directly or indirectly under common ownership. Loan Outstanding. Such Mortgage Loan has not been satisfied in full, and except as expressly contemplated by the related loan agreement or other documents contained in the related Mortgage File, no material portion of the related Mortgaged Property has been released.
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Mortgagor Formation or Incorporation. To the Seller's knowledge, the related Mortgagor is a Person formed or incorporated in a jurisdiction within the United States. ANNEX A (TO SCHEDULE I) EXCEPTIONS TO THE REPRESENTATIONS AND WARRANTIES EXCEPTIONS TO REPRESENTATION 4 ---------------------------------------------- ----------------------------------------------------------------------- Loan No. and Name Exception ---------------------------------------------- -----------------------------------------------------------------------
Sample 1
Mortgagor Formation or Incorporation. To the Seller's knowledge, the related Mortgagor is a Person formed or incorporated in a jurisdiction within the United States. ANNEX A (TO SCHEDULE I) EXCEPTIONS TO THE REPRESENTATIONS AND WARRANTIES Representation #2/Ownership of Mortgage Loans: ------------------------------------------------------------------------------------------------------------ Loan Number Loan Name Description of Exception ------------------------------------------------------------------------------------------------------------ 00 Xxxxxxx Xxxxx This Mortgage Loan (the "A Loan") is one of two loans in an A/B Mortgage Loan structure, both of which are secured by the same mortgage instrument and are cross-defaulted. ------------------------------------------------------------------------------------------------------------ 28 Hidden Hills Apts A third party is entitled to a correspondent fee. 40 Los Angeles Self Storage 6 Beach Club & Viridian Lake 46 Oberlin Science Center 75 London Village Apts 77 Porterville Marketplace 93 Spring Cypress ------------------------------------------------------------------------------------------------------------ Representation #4/Lien; Valid Assignment: ------------------------------------------------------------------------------------------------------------ Loan Number Loan Name Description of Exception ------------------------------------------------------------------------------------------------------------ 00 Xxxxxxx Xxxxx This Mortgage Loan (the "A Loan") is one of two loans in an A/B Mortgage Loan structure, both of which are secured by the same mortgage instrument and are cross-defaulted. ------------------------------------------------------------------------------------------------------------ Representation #8/Title Insurance: ------------------------------------------------------------------------------------------------------------ Loan Number Loan Name Description of Exception ------------------------------------------------------------------------------------------------------------ 88 Walgreens Lisle The Title Policy for the related Mortgage Loan does not affirmatively insure that (i) the area shown on the survey is the same as the property legally described in the related Mortgage; or, (ii) the related Mortgaged Property has access to a public road. The related Title Policy does not contain an express exclusion for such matters. --------------------------------------------------------------------------------------------------...
Sample 1
Mortgagor Formation or Incorporation. No Ownership Interest in 200 Galleria, Bethanx Xxxxxxxx Xxxxxxxxx XX, Mortgagor Jackson Square, One Xxxxxxxe Center and Tishman Speyer DC Portfolio II. An affiliate of the mortgage lender holds an indirect equity interest in the related Mortgagor. Common Ownership One Alliance Center and Tishman Speyer DC Portfolio II. Extendicare Portfolio and Extendicare Portfolio II. 2000 Pennsylvania Avxxxx xxx 0000 Xxxxxxxxxxia Xxxxxx.
Sample 1
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Related to Mortgagor Formation or Incorporation

  • Due Incorporation The Company and each of its subsidiaries is a corporation duly organized, validly existing and in good standing under the laws of the respective jurisdictions of their incorporation and have the requisite corporate power to own their properties and to carry on their business as now being conducted. The Company and each of its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in each jurisdiction where the nature of the business conducted or property owned by it makes such qualification necessary, other than those jurisdictions in which the failure to so qualify would not have a material adverse effect on the business, operations or prospects or condition (financial or otherwise) of the Company.

  • Articles of Incorporation The articles of incorporation of the Company in effect at the Effective Time shall be the articles of incorporation of the Surviving Corporation until amended in accordance with applicable law.

  • Due Incorporation and Organization The Adviser is duly organized and is in good standing under the laws of the State of Connecticut and is fully authorized to enter into this Agreement and carry out its duties and obligations hereunder.

  • Incorporation All Exhibits attached hereto and referred to herein are hereby incorporated herein and made a part hereof for all purposes as if fully set forth herein.

  • Certificate of Incorporation; By-laws (a) At the Effective Time the certificate of incorporation of the Company, as in effect immediately prior to the Effective Time (as amended as provided for in Section 3.3), shall be the certificate of incorporation of the Surviving Corporation until thereafter amended as provided by law and such certificate of incorporation. (b) The by-laws of the Company, as in effect immediately prior to the Effective Time, shall be the By-laws of the Surviving Corporation until thereinafter amended as provided by the certificate of incorporation, the Surviving Corporation and such by-laws.

  • State of Incorporation; Name; No Changes Seller’s state of incorporation is the State of Nevada. Seller’s exact legal name is as set forth in the first paragraph of this Agreement. Seller has not changed its name whether by amendment of its Articles of Incorporation, by reorganization or otherwise, and has not changed its state of incorporation within the four months preceding the Closing Date.

  • Articles of Incorporation; By-laws At the Effective Time, the Articles of Incorporation, as amended, of the Acquiror (the "Acquiror Articles") and the By-Laws, as amended, of the Acquiror ("Acquiror By-Laws"), as in effect immediately prior to the Effective Time, shall be the Articles of Incorporation and the By-Laws of the Surviving Corporation.

  • Due Incorporation and Good Standing AVRS is a corporation duly organized, validly existing and in good standing under the laws of the state of Nevada.

  • FORMATION OF ASSOCIATION The Promoter shall, in accordance with Applicable Laws, call upon the respective apartment/unit owners to form an association (“ASSOCIATION”), and it shall be incumbent upon the Allottee to join the Association as a member and for this purpose also from time to time sign and execute the application for registration and/or membership and the other papers and documents necessary for the same. The Allottee shall pay the necessary subscription and/or membership amounts, together with the proportionate costs and expenses for (i) formation of the Association, and (ii) transfer of the Common Areas to the Association, including but not limited to stamp duty and registration costs, if any. The Allottee hereby authorizes the Promoter to take all necessary steps in this connection on his/her/their/its behalf, and further the Allottee agrees to comply with and/or adhere to all the Applicable Laws and all the rules, regulations, guidelines, etc. formulated from time to time by the Association. Upon formation of the Association, the Promoter shall hand over the Common Areas, Amenities and Facilities together with the relevant documents and plans pertaining thereto, to the Association within such time period and in such manner as prescribed under Applicable Laws (hereinafter referred to as the “Handover Date”). Save as provided herein, on and from the Handover Date, the Association shall, inter alia, become liable and responsible for the compliance, subsistence and renewal of all licenses, insurances, annual maintenance contracts and other contracts, guarantees, warranties, obligations etc., as may from time to time have been procured/obtained/entered into by the Promoter and the Association shall be responsible for proper safety and maintenance of the Project and of upkeep of all fixtures, equipment and machinery provided by the Promoter, and the Promoter shall upon such hand over stand automatically discharged of any liability and/or responsibility in respect thereof and the Allottee and the Association shall keep each of the Owners and the Promoter fully saved, harmless and indemnified in respect thereof.

  • Incorporation and Organization The Corporation has been incorporated or formed, as the case may be, is organized and is a valid and subsisting corporation or partnership, as the case may be, under the laws of its jurisdiction of existence and has all requisite corporate power and capacity to carry on its business as now conducted or proposed to be conducted and to own or lease and operate the property and assets thereof.

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