Common use of Seller and Guarantor Existence Clause in Contracts

Seller and Guarantor Existence. Each of Seller and Guarantor has been duly organized and is validly existing and in good standing under the laws of its state of formation.

Appears in 3 contracts

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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Seller and Guarantor Existence. Each of Seller and Guarantor has have been duly organized and is are validly existing and in good standing under the laws of its state the states of their formation.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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Seller and Guarantor Existence. Each of Seller and each Guarantor has have been duly organized and is are validly existing and in good standing under the laws of its state the states of their formation.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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