Common use of Due Qualification Clause in Contracts

Due Qualification. Seller is duly qualified to do business as a foreign corporation, is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is entity in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires or shall require such qualification.;

Due Qualification. The Seller is shall be duly qualified to do business as a foreign corporation, is limited liability company in good standing, and has shall have obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications and where the failure to so qualify will have a material adverse effect on the ability of the Seller to conduct its business or perform its obligations under this Agreement.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is in good standing, standing and has obtained all necessary licenses and approvals in all jurisdictions in which where the ownership or lease of its property failure to do so would materially and adversely affect Seller’s ability to transfer the Receivables and the Other Conveyed Property to the Trust pursuant to this Agreement, or the conduct validity or enforceability of its business requires such qualificationthe Receivables and the Other Conveyed Property or to perform Seller’s obligations hereunder and under the Seller’s Basic Documents.

Due Qualification. The Seller is shall be duly qualified to do business as a foreign corporation, is corporation in good standing, and has shall have obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications and where the failure to so qualify will have a material adverse effect on the ability of the Seller to conduct its business or perform its obligations under this Agreement.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications 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.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which where the ownership or lease of its property or failure to do so would materially and adversely affect the conduct of its business requires such qualificationSeller’s ability to acquire, own and service the Receivables.

Due Qualification. Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership failure to so qualify or lease of its property to obtain such license or approval would render any Receivable unenforceable that would otherwise be enforceable by the Seller, the Sub-Servicer or the conduct of its business requires such qualificationOwner Trustee.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions each jurisdiction in which such qualification, license or approval is necessary for the ownership or lease performance of its property or obligations under and consummation of the conduct of its business requires such qualificationtransactions contemplated by the Basic Documents.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has shall have obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. Seller is duly qualified to do business as a foreign corporationlimited liability company, is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including the servicing of the Receivables as required by the Sale and Servicing Agreement) shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is business trust in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. The Seller is shall be duly qualified to do business as a foreign corporation, is limited partnership in good standing, and has shall have obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is shall be duly qualified to do business as a foreign corporation, is corporation in good standing, and has shall have obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications and in which the failure to do so would materially and adversely affect the Purchaser’s performance of its obligations under, the validity or enforceability of, this Agreement or the Seller Assets.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires or shall require such qualification.;

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications and in which the failure to do so would materially and adversely affect the Purchaser’s performance of its obligations under, the validity or enforceability of, this Agreement or the Conveyed Assets.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualificationqualifications.

Due Qualification. Seller is duly qualified to do business as a foreign corporationstatutory trust, is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.;

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including the origination of the Samco Receivables as required by the Sale and Servicing Agreement) shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including the origination, sale and servicing of the Receivables as required by this Agreement) shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including the origination and the servicing of the Receivables as required by the Sale and Servicing Agreement) shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including the origination and the servicing of the Receivables as required by the Pooling and Servicing Agreement) shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property property, including the Receivables, or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires or the consummation of the transactions contemplated by the Basic Documents shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporationlimited liability company, is in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including without limitation, the origination and servicing of the Receivables) shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including the origination of the Linc Receivables as required by the Sale and Servicing Agreement) shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including, without limitation, the origination and servicing of the Receivables) shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business and is in good standing as a foreign corporation, is in good standing, corporation and has obtained all necessary licenses and approvals approvals, in all jurisdictions each jurisdiction in which the ownership or lease of its property or the conduct nature of its business requires such qualificationit to be so qualified.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is limited liability company in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is company in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property property, including the Receivables, or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualification.qualifications. (c)

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires or shall require such qualification.

Due Qualification. Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business (including, without limitation, such business as a "premium finance company") requires such qualificationqualification or approvals.

Due Qualification. Such Seller is duly qualified to do business and is in good standing as a foreign corporation, corporation (or is in good standingexempt from such requirements), and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification, licenses or approvals.

Due Qualification. Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.;

Due Qualification. The Seller is duly qualified to do business as ----------------- a foreign corporation, is company in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property property, including the Receivables, or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is entity in good standing, and has obtained all necessary licenses licenses, permits and approvals in all jurisdictions in which the ownership or lease of its property Property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including the origination of the Samco Receivables as required by the Pooling and Servicing Agreement) shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including the origination, sale and servicing of the Receivables and the Other Conveyed Property as required by this Agreement) shall require such qualificationqualifications.

Due Qualification. Seller is duly qualified to do business as a foreign corporation[_______], is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. Seller is duly qualified to do business ----------------- as a foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business business, including without limitation, the acquisition and sale of the Receivables, requires such qualification.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.and

Due Qualification. The Seller is duly qualified to do business ----------------- as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business (including the origination and the servicing of the Receivables) requires such qualification.qualifications. (c)

Due Qualification. The Seller is duly qualified to do business as a foreign corporation----------------- and, where necessary, is in good standing, standing as a foreign corporation (or is exempt from such requirement) and has obtained all necessary licenses and approvals in all jurisdictions each jurisdiction in which the ownership or lease of its property or the conduct of its business requires such qualificationqualification except where the failure to so qualify, be in good standing or obtain licenses or approvals would not have a Material Adverse Effect.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business (including the servicing of the Series 2005-SN1 Lease Assets) requires or shall require such qualification.;

Due Qualification. The Seller is duly qualified to do business ----------------- as a foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. Seller is duly qualified to do business as a ----------------- foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business business, including without limitation, the acquisition and sale of the Receivables, requires such qualification.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires or shall require such qualification.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is entity in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.;

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, standing and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including the origination of the [Affiliated Originator] Receivables as required by the Pooling and Servicing Agreement) shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is or extra-provincial corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.and

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.qualifications. (iii)

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is entity in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business (including the servicing of the Series 20__-SN_ Lease Assets) requires or shall require such qualification.;

Due Qualification. Seller is duly qualified to do business as a ----------------- foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business (including the servicing of the Series 200_-__ Lease Assets) requires or shall require such qualification.;

Due Qualification. Seller is duly qualified to do business and is in good standing as a foreign corporation, corporation (or is exempt from such requirements) in good standing, any jurisdiction where such qualification is required to conduct its business and has obtained all necessary licenses and approvals in all jurisdictions each jurisdiction in which the ownership failure to so qualify or lease of its property or the conduct of its business requires to obtain such qualificationlicenses and approvals could reasonably be expected to have a Material Adverse Effect.

Due Qualification. The Seller is duly qualified to do business as a ----------------- foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification, licenses and/or approvals.

Due Qualification. Seller is duly qualified to do business as a foreign corporation, is limited liability company in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. Each Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification, licenses and/or approvals.

Due Qualification. Such Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, standing and has obtained all necessary licenses and approvals in all jurisdictions each jurisdiction in which the ownership failure to so qualify or lease of its property or the conduct of its business requires to obtain such qualificationlicenses and approvals would have a Material Adverse Effect.

Due Qualification. Seller is duly licensed or qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership ownership, lease or lease license of its property or the conduct of its business requires such licensing or qualification.

Due Qualification. The Seller is duly qualified to do business ----------------- as a foreign corporation, corporation and is in good standing, and has obtained all necessary licenses and approvals standing in all jurisdictions each jurisdiction in which the ownership character of the business transacted by it or lease properties owned or leased by it or the performance of its property or the conduct of its business obligations hereunder requires such qualificationqualification and in which the failure so to qualify would have a material adverse effect on the performance of the Seller's obligations hereunder.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires (including the origination of the Linc Receivables as required by the Pooling and Servicing Agreement) shall require such qualificationqualifications.

Due Qualification. Seller is duly qualified to do business as a ----------------- foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification, licenses or approvals.

Due Qualification. The Seller is duly qualified to do ----------------- business and is in good standing as a foreign corporation, corporation (or is in good standingexempt from such requirements), and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or each jurisdiction necessary for the conduct of its business requires such qualificationbusiness.

Due Qualification. Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications, except where the failure to so obtain would not have a material adverse impact either on Seller, the transactions contemplated in the Basic Documents or the Receivables.

Due Qualification. The Seller is duly qualified to do ----------------- business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. Seller is duly qualified to do business as a foreign corporation, is limited liability company in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. Such Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires shall require such qualificationqualifications.

Due Qualification. Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership failure to so qualify or lease of its property obtain such licenses or the conduct of its business requires such qualificationapprovals would have a Material Adverse Effect.

Due Qualification. The Seller is duly qualified to do business ----------------- as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, standing and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business (including the servicing of the Notes as required by this Agreement) requires or shall require such qualification.;

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is entity in good standing, and has obtained all necessary licenses and approvals approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business (including the servicing of the Series 2007-SN1 Lease Assets) requires or shall require such qualification.;

Due Qualification. The Seller is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which material to the ownership or lease performance of its property or the conduct of its business requires such qualificationobligations under this Agreement.

Due Qualification. The Seller is duly qualified to do business as a ----------------- foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires or shall require such qualification.;