Common use of Organization and Licensing Clause in Contracts

Organization and Licensing. The Certificate Insurer is a duly -------------------------- incorporated and existing New York stock insurance corporation licensed to do business in the State of New York.

Appears in 3 contracts

Samples: Indemnification Agreement (Chevy Chase Bank FSB), Indemnification Agreement (Chevy Chase Bank FSB), Indemnification Agreement (Chevy Chase Bank FSB)

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Organization and Licensing. The Certificate Insurer is a duly -------------------------- incorporated and existing New York stock insurance corporation company licensed to do business in the State of New York.

Appears in 3 contracts

Samples: Indemnification Agreement (Advanta Mortgage Loan Trust 1997-3), Indemnification Agreement (Advanta Mortgage Loan Trust 1998-3), Indemnification Agreement (Advanta Mortgage Conduit Services Inc)

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

Appears in 3 contracts

Samples: Insurance and Indemnity Agreement (Bayview Financial Mortgage Pass-Through Certificates, Series 2005-B), Insurance and Indemnity Agreement (Bayview Financial Mortage Pass-Through Trust 2005-D), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc4)

Organization and Licensing. The Certificate Insurer is a duly -------------------------- incorporated and existing New York New_York stock insurance corporation company licensed to do business in the State of New YorkNew_York.

Appears in 1 contract

Samples: Indemnification Agreement (Advanta Revolving Home Equity Loan Trust 1996-A)

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Organization and Licensing. The Certificate Insurer is a -------------------------- duly -------------------------- incorporated and existing New York stock insurance corporation licensed to do business in the State of New York.

Appears in 1 contract

Samples: Indemnification Agreement (Chevy Chase Bank FSB)

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