Common use of Organization and Licensing Clause in Contracts

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

Appears in 5 contracts

Samples: Indemnification Agreement (Prudential Securities Secured Financing Corp), Indemnification Agreement (Bear Stearns Asset Backed Securities Inc), Indemnification Agreement (Residential Asset Funding Corp)

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

Appears in 1 contract

Samples: Indemnification Agreement (Advanta Conduit Receivables Inc)

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

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Residential Asset Funding Corp)

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