Common use of Organization and Licensing Clause in Contracts

Organization and Licensing. The Certificate Insurer is a duly organized and licensed and validly existing Wisconsin stock insurance company duly qualified to conduct an insurance business in the State of New York.

Appears in 2 contracts

Samples: Indemnification Agreement (Advanta Mortgage Loan Trust 1999-3), Indemnification Agreement (Advanta Mortgage Loan Trust 1999-2)

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Organization and Licensing. The Certificate Insurer is a duly organized and licensed and validly existing Wisconsin stock insurance company duly qualified to conduct an insurance business in the State States of New YorkYork and California.

Appears in 1 contract

Samples: Indemnification Agreement (Advanta Mortgage Loan Trust 2000 2)

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Organization and Licensing. The Certificate Insurer is a duly organized and licensed and validly existing Wisconsin stock insurance company corporation duly qualified to conduct an insurance business in the State of New York.

Appears in 1 contract

Samples: Indemnification Agreement (Bear Stearns Asset Backed Securities Inc)

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