Organization and Licensing. The Insurer is a duly incorporated and existing New York stock insurance company licensed to do business in the State of New York and is in good standing under the laws of such state.
Appears in 26 contracts
Samples: Indemnification Agreement (AFS SenSub Corp.), Indemnification Agreement (AmeriCredit Automobile Receivables Trust 2005-a-X), Indemnification Agreement (AmeriCredit Automobile Receivables Trust 2005-B-M)
Organization and Licensing. The Insurer is a duly incorporated and existing New York stock financial guaranty insurance company licensed to do business in the State of New York and is in good standing under the laws of such stateYork.
Appears in 14 contracts
Samples: Indemnification Agreement (WFS Financial 1997-D Owner Trust), Indemnification Agreement (WFS Financial Auto Loans Inc), Indemnification Agreement (WFS Receivables Corp)
Organization and Licensing. The Insurer is a duly incorporated and existing New York stock insurance company licensed to do business in the State of New York and is in good standing under the laws of such stateYork.
Appears in 4 contracts
Samples: Indemnification Agreement (Advanta Mortgage Loan Trust 1996-4), Indemnification Agreement (Equivantage Acceptance Corp), Indemnification Agreement (Advanta Mortgage Loan Trust 1996-3)
Organization and Licensing. The Insurer is a duly incorporated organized and validly existing New York stock insurance company licensed duly qualified to do conduct an insurance business in the State of New York and is in good standing under the laws of such stateYork.
Appears in 3 contracts
Samples: Indemnification Agreement (Greenpoint Mortgage Securities Inc/), Indemnification Agreement (Greenpoint Mortgage Securities Inc/), Indemnification Agreement (Greenpoint Mortgage Securities Inc/)
Organization and Licensing. The Insurer is a duly incorporated and existing New York stock insurance company licensed to do business in the State of New York corporation duly organized, validly existing and is in good standing under the laws of such statethe State of New York.
Appears in 2 contracts
Samples: Insurance Agreement (Santander Drive Auto Receivables Trust 2007-1), Insurance Agreement (Santander Drive Auto Receivables Trust 2007-3)
Organization and Licensing. The Insurer is a duly incorporated organized, validly existing and existing in good standing New York stock insurance company licensed corporation duly qualified to do conduct an insurance business in the State of New York and is in good standing under the laws of such stateYork.
Appears in 1 contract
Organization and Licensing. The Insurer is a duly incorporated and existing New York stock insurance company corporation licensed to do business in the State of New York and is in good standing under the laws of such state.
Appears in 1 contract
