Common use of Doing Business Clause in Contracts

Doing Business. All parties which have had any interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability of the Mortgage Loan, and (2) either (i) organized under the laws of such state, or (ii) qualified to do business in such state, or (iii) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;

Appears in 37 contracts

Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-He7), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2005-He6), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-He5)

AutoNDA by SimpleDocs

Doing Business. All parties which have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability located, and any qualification requirements of the Mortgage LoanXxxxxxx Mac or Xxxxxx Mae, as applicable, and (2) either (i) organized under the laws of such state, or (ii) qualified to do business in such state, or (iii) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-15ar), Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-13), Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-14ar)

Doing Business. All parties which have had any interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability and any qualification requirements of the Mortgage LoanFHA, Xxxxxxx Mac, Xxxxxx Xxx, GNMA or VA, as applicable, and (2) either (ia) organized under the laws of such state, or (iib) qualified to do business in such state, or (iiic) a federal savings and loan association, a savings bank associations or a national bank banks having a principal office offices in such state, or (3d) not doing business in such state;

Appears in 4 contracts

Samples: Indemnification and Contribution Agreement (Morgan Stanley Mortgage Loan Trust 2007-15ar), Indemnification and Contribution Agreement (Morgan Stanley Mortgage Loan Trust 2007-14ar), Indemnification and Contribution Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax)

Doing Business. All parties which have had any interest in the Transaction Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1i) in compliance compliance, in all material respects, with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability of the Mortgage Loanlocated, and (2ii) either (iA) organized under the laws of such state, or (iiB) qualified to do business in such state, or (iiiC) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3D) not doing business in such state;.

Appears in 3 contracts

Samples: Master Repurchase Agreement (Walter Investment Management Corp), Master Repurchase Agreement (DITECH HOLDING Corp), Master Repurchase Agreement (Walter Investment Management Corp)

Doing Business. All To the best of the Responsible Party's knowledge, all parties which have had any interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability of the Mortgage Loanlocated, and (2) either (i) organized under the laws of such state, or (ii) qualified to do business in such state, or (iii) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2004-Op1), Pooling and Servicing Agreement (Sabr Trust 2005-Op1), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2005-Op2)

Doing Business. All To the Seller’s knowledge, all parties which have had any interest in the Purchased Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1i) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability of the Mortgage Loanlocated, and (2ii) either (iA) organized under the laws of such state, or (iiB) qualified to do business in such state, or (iiiC) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3D) not doing business in such state;.

Appears in 3 contracts

Samples: Master Repurchase Agreement and Securities Contract (Radian Group Inc), Master Repurchase Agreement and Securities Contract (Radian Group Inc), Master Repurchase Agreement and Securities Contract (Radian Group Inc)

Doing Business. All parties which have had any interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability of the Mortgage Loanlocated, and (2) either (i) organized under the laws of such state, or (ii) qualified to do business in such state to the extent required by applicable law to do business in such state, or (iii) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;

Appears in 3 contracts

Samples: Assignment and Recognition Agreement (Morgan Stanley ABS Capital I Inc. IXIS Real Estate Capital Trust 2007-He1), Assignment and Recognition Agreement (Natixis Real Estate Capital Trust 2007-He2), Assignment and Recognition Agreement (Morgan Stanley Ixis Real Estate Capital Trust 2006-2)

Doing Business. All To the best of the Borrower's knowledge, all parties which have had any interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1i) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability of the Mortgage Loanlocated, and (2ii) either (iA) organized under the laws of such state, or (iiB) qualified to do business in such state, or (iiiC) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3D) not doing business in such state;.

Appears in 2 contracts

Samples: Master Loan and Security Agreement (Allied Capital Corp), Master Loan and Security Agreement (Allied Capital Corp)

Doing Business. All parties which have had any interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability and any qualification requirements of the Mortgage LoanFHA, Fxxxxxx Mac, Fxxxxx Mxx, GNMA or VA, as applicable, and (2) either (ia) organized under the laws of such state, or (iib) qualified to do business in such state, or (iiic) a federal savings and loan association, a savings bank associations or a national bank banks having a principal office offices in such state, or (3d) not doing business in such state;

Appears in 2 contracts

Samples: Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2007-15ar), Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax)

Doing Business. All parties which have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability located, and any qualification requirements of the Mortgage LoanFreddie Mac or Fannie Mae, as applicable, and (2) either (i) organized under organxxxx xxder the laws of xxxx xf such state, or (ii) qualified to do business in such state, or (iii) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;

Appears in 2 contracts

Samples: Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2006-9ar), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-2ax)

Doing Business. All parties which that have had any interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1i) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located located, and (ii) to the extent required to ensure enforceability under the laws of the Mortgage Loansuch state, and (2) either (iA) organized under the laws of such state, or (iiB) qualified to do business in such state, or (iiiC) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3D) not doing business in such state;.

Appears in 1 contract

Samples: Master Repurchase Agreement and Securities Contract (Korth Direct Mortgage Inc.)

Doing Business. All parties which have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability located, and any qualification requirements of the Mortgage LoanFreddie Mac or Fannie Mae, as applicable, and (2) either (i) organized under organizxx xxxxr the laws of laxx xx such state, or (ii) qualified to do business in such state, or (iii) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;

Appears in 1 contract

Samples: Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2006-11)

AutoNDA by SimpleDocs

Doing Business. All To the best of Responsible Party's knowledge, all parties which have had any interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability of the Mortgage Loan, and (2) either (i) organized under the laws of such state, or (ii) qualified to do business in such state, or (iii) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, state or (3) not doing business in such state;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GS Mortgage GSAMP Trust 2004-Opt)

Doing Business. All parties which have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability located, and any qualification requirements of the Mortgage LoanFreddie Mac or Fannie Mae, as applicable, and (2) either (i) organized orxxxxxxx under the laws txx xxxs of such state, or (ii) qualified to do business in such state, or (iii) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;

Appears in 1 contract

Samples: Indemnification and Contribution Agreement (Morgan Stanley Mortgage Loan Trust 2006-17xs)

Doing Business. All parties other than the Purchaser or the Depositor which have had any interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability of the Mortgage Loanlocated, and (2) either (i) organized under the laws of such state, or (ii) qualified to do business in such state, or (iii) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;

Appears in 1 contract

Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Home Equity Loan Trust 2005-4)

Doing Business. All parties which have had any interest in the Purchased Mortgage Loan, whether as mortgageeMortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1i) in compliance with any and all applicable licensing requirements of the laws Laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability of the Mortgage Loanlocated, and (2ii) either (iA) organized under the laws Laws of such state, or (iiB) qualified to do business in such state, or (iiiC) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3iii) not doing business in such state;.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Popular Inc)

Doing Business. All parties which have had any interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1i) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability of the Mortgage Loanlocated, and (2ii) either (iA) organized under the laws of such state, or (iiB) qualified to do business in such statestate if failure to so qualify would have a Material Adverse Effect, or (iiiC) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3D) not doing business in such state;.

Appears in 1 contract

Samples: Master Loan and Security Agreement (BNC Mortgage Inc)

Doing Business. All parties which have had any legal interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability located, and any qualification requirements of the Mortgage LoanFreddie Mac or Fannie Mae, as applicable, and (2) either (i) organized under orgaxxxxx xnder the laws xxxx of such state, or (ii) qualified to do business in such state, or (iii) a federal savings and loan association, a savings bank or a national bank having a principal office in such state, or (3) not doing business in such state;

Appears in 1 contract

Samples: Purchase and Warranties Agreement (Morgan Stanley Mortgage Loan Trust 2007-6xs)

Doing Business. All parties which have had any interest in the Mortgage LoanMortgage, whether as mortgageeMortgagee, assigneeassignee (other than Purchaser), pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (1A) in compliance in all material respects with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located to the extent required to ensure enforceability of the Mortgage Loan, and (2B) either (i1) organized under the laws of such state, or (ii2) qualified to do business in such state, or (iii3) a federal savings and loan association, a national bank, a Federal Home Loan Bank or a savings bank or a national bank having a principal office offices in such state, state or (34) not doing business in such state;.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Sale Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.