Common use of Due Qualification Clause in Contracts

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Documents.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Documents.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing AgreementTransferor Assets, or the validity or enforceability of the Receivables and the Other Conveyed Property Transferor Assets or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s Related Transaction Documents.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables Mortgage Loans or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables Mortgage Loans and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s Related Documents.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed PropertySeller Assets, and to transfer the Receivables and the Other Conveyed Property Seller Assets to the Issuer ACE Securities Corp. pursuant to the Sale and Servicing Purchase Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property Seller Assets or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s Related Transaction Documents.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.

Due Qualification. The Purchaser 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 where the failure to do so would materially and adversely affect the Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Documents's obligations hereunder.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables Mortgage Loans or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables Mortgage Loans and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s Related Documents.;

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s ability to acquire the Receivables or the Other Conveyed PropertySeller Assets, and to transfer the Receivables and the Other Conveyed Property Seller Assets to the Issuer Trust pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property Seller Assets or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Transaction Documents.

Due Qualification. The Purchaser 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 where the failure to do so would materially and adversely affect the Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed other Purchased Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and or the Other Conveyed Property or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Documentsother Purchased Property.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed PropertySeller Assets, and to transfer the Receivables and the Other Conveyed Property Seller Assets to the Issuer Trust pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property Seller Assets or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s Related Transaction Documents.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect the validity or enforceability of the Receivables and the Other Conveyed Property, or Purchaser’s ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s its obligations hereunder and under the Purchaser’s Related Documentshereunder.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.

Due Qualification. Purchaser is duly qualified to do business [as a foreign corporationcorporation]/[, is is] in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Documents.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed PropertyMortgage Loans, and to transfer the Receivables and the Other Conveyed Property Mortgage Loans to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property Mortgage Loans or to perform Purchaser’s 's obligations hereunder and under all of the Purchaser’s Related Documentsdocuments required pursuant hereto.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.

Due Qualification. The Purchaser 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 where the failure to do so would materially and adversely affect the Purchaser’s ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed other Purchased Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and or the Other Conveyed Property or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Documentsother Purchased Property.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed PropertyReceivables, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under all of the Purchaser’s Related Documentsdocuments required pursuant hereto.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s ability to acquire the Receivables or the Other Conveyed PropertySeller Assets, and to transfer the Receivables and the Other Conveyed Property Seller Assets to the Issuer ACE Securities Corp. pursuant to the Sale and Servicing Purchase Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property Seller Assets or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Transaction Documents.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Documents.

Due Qualification. Purchaser 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 where the failure to do so would materially and adversely affect Purchaser’s ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing AgreementTransferor Assets, or the validity or enforceability of the Receivables and the Other Conveyed Property Transferor Assets or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Transaction Documents.

Due Qualification. Purchaser is duly qualified to do business as a foreign corporationbusiness, is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.