Organization, etc. The Seller has been duly organized and is validly existing as a corporation in good standing under the laws of the State of California and is in good standing in each jurisdiction in the United States of America in which the conduct of its business or the ownership of its property requires such qualification and where the failure to so qualify would have a material adverse effect on the ability of the Seller to perform its obligations under this Agreement.
Appears in 42 contracts
Samples: Purchase Agreement (Nissan Auto Receivables 2014-a Owner Trust), Purchase Agreement (Nissan Auto Receivables 2014-a Owner Trust), Purchase Agreement (Nissan Auto Receivables 2013-B Owner Trust)
Organization, etc. The Seller has been is duly organized and is organized, validly existing as a corporation and in good standing under the laws of the State state of California its formation and is in good standing in each jurisdiction in the United States of America in which the conduct of its business or the ownership of its property requires such qualification and where the failure to so qualify would have a material adverse effect on the ability of the Seller to perform its obligations under this Agreement.
Appears in 6 contracts
Samples: Purchase Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Purchase Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Purchase Agreement (NISSAN AUTO RECEIVABLES Co II LLC)
Organization, etc. The Seller has been duly organized incorporated and is validly existing as a corporation in good standing under the laws of the State of California and is in good standing in each jurisdiction in the United States of America in which the conduct of its business or the ownership of its property requires such qualification and where the failure to so qualify would have a material adverse effect on the ability of the Seller to perform its obligations under this Agreementqualification.
Appears in 3 contracts
Samples: Purchase Agreement (Nissan Auto Receivables Corp /De), Purchase Agreement (Nissan Auto Receivables Corp /De), Purchase Agreement (Nissan Auto Receivables 1998-a Grantor Trust)
Organization, etc. The Seller has been duly organized incorporated ------------------ and is validly existing as a corporation in good standing under the laws of the State of California and is in good standing in each jurisdiction in the United States of America in which the conduct of its business or the ownership of its property requires such qualification and where the failure to so qualify would have a material adverse effect on the ability of the Seller to perform its obligations under this Agreementqualification.
Appears in 1 contract
Samples: Purchase Agreement (Nissan Auto Receivables Corp /De)
