Due Organization. The Collateral Agent is a national banking association, duly organized, validly existing and in good standing under the laws of the United States and is duly authorized and licensed under applicable law to conduct its business as presently conducted.
Appears in 23 contracts
Samples: Spread Account Agreement (AFS SenSub Corp.), Spread Account Agreement (AFS SenSub Corp.), Spread Account Agreement (AmeriCredit Prime Automobile Receivables Trust 2007-2-M)
Due Organization. The Collateral Agent is a national New York banking associationcorporation, duly organized, validly existing and in good standing under the laws of the United States and is duly authorized and licensed under applicable law to conduct its business as presently conducted.
Appears in 7 contracts
Samples: Spread Account Agreement (UPFC Auto Receivables Trust 2006-B), Spread Account Agreement (UPFC Auto Receivables Corp.), Spread Account Agreement (UPFC Auto Receivables Trust 2005-A)
Due Organization. The Collateral Agent is a national banking associationcorporation, duly organized, validly existing and in good standing under the laws of the United States State of New York and is duly authorized and licensed under applicable law to conduct its business as presently conducted.
Appears in 2 contracts
Samples: Spread Account Agreement (UPFC Auto Receivables Trust 2006-A), Spread Account Agreement (UPFC Auto Receivables Trust 2007-A)
Due Organization. The Collateral Agent is a national banking association, duly organized, organized and validly existing and in good standing under the laws of the United States and is duly authorized and licensed under applicable law to conduct its business as presently conducted.
Appears in 1 contract
Due Organization. The Collateral Agent is a national banking association, duly organized, validly existing and in good standing under the laws of the United States of America and is duly authorized and licensed under applicable law Applicable Law to conduct its business as presently conducted.
Appears in 1 contract
Samples: Security and Collateral Agency Agreement (Abraxas Petroleum Corp)
Due Organization. The Collateral Agent is a national New York banking associationcorporation, duly organized, validly existing and in good standing under the laws of the United States and States, is duly authorized and licensed under applicable law to conduct its business as presently conductedconducted and meets the eligibility requirements set forth in the first sentence of Section 7.05(d).
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