Organization, etc. The Seller has been duly incorporated and is validly existing as a corporation in good standing under the laws of the State of Delaware, and is duly qualified to transact business 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.
Appears in 29 contracts
Samples: Purchase Agreement (Ford Credit Auto Receivables Corp), Purchase Agreement (Ford Credit Auto Receivables Corp), Purchase Agreement (Ford Credit Auto Receivables Two LLC)
Organization, etc. The Seller has been duly incorporated and is validly existing as a corporation in good standing under the laws of the State of Delaware, with the power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and is duly qualified to transact business and is in good standing in each jurisdiction in the United States of America in which the conduct of its business or the ownership or lease of its property requires such qualification.
Appears in 15 contracts
Samples: Purchase Agreement (Mmca Auto Receivables Trust), Purchase Agreement (Mmca Auto Owner Trust 2000-2), Purchase Agreement (Mmca Auto Receivables Trust)
Organization, etc. The Seller has been duly incorporated and is validly existing as a corporation in good standing under the laws of the State of Delaware, and is duly qualified to transact business 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.to
Appears in 1 contract
Samples: Purchase Agreement (Ford Credit Auto Receivables Two LLC)
