Common use of REPRESENTATIONS AND WARRANTIES OF METROPOLITAN Clause in Contracts

REPRESENTATIONS AND WARRANTIES OF METROPOLITAN. METROPOLITAN REPRESENTS AND WARRANTS TO OLD STANDARD THAT: 1. METROPOLITAN is a corporation duly organized, validly existing and in good standing under the laws of the State of Washington. 2. METROPOLITAN is licensed, or qualified, and in good standing in each of the states where the laws require licensing or qualification in order to conduct METROPOLITAN'S receivable acquisition, collection and management activities, or METROPOLITAN is exempt under applicable law from such licensing or qualification.

REPRESENTATIONS AND WARRANTIES OF METROPOLITAN. METROPOLITAN REPRESENTS AND WARRANTS TO OLD STANDARD SUMMIT THAT: 1. METROPOLITAN is a corporation duly organized, validly existing and in good standing under the laws of the State of Washington. 2. METROPOLITAN is licensed, or qualified, and in good standing in each of the states where the laws require licensing or qualification in order to conduct METROPOLITAN'S receivable acquisition, collection and management activities, or METROPOLITAN is exempt under applicable law from such licensing or qualification.