Common use of Organization, etc Clause in Contracts

Organization, etc. The Seller has been duly organized and is validly existing as a corporation in good standing under the laws of the State of California and is in good standing in each jurisdiction in the United States of America in which the conduct of its business or the ownership of its property requires such qualification 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.

Appears in 40 contracts

Samples: Purchase Agreement (Nissan Auto Receivables 2012-a Owner Trust), Purchase Agreement (Nissan Auto Receivables Corp Ii), Purchase Agreement (Nissan Auto Receivables 2006-a Owner Trust)

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Organization, etc. The Seller has been duly organized incorporated and is validly existing as a corporation in good standing under the laws of the State of California and is in good standing in each jurisdiction in the United States of America in which the conduct of its business or the ownership of its property requires such qualification 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 Agreementqualification.

Appears in 3 contracts

Samples: Purchase Agreement (Nissan Auto Receivables Corp /De), Form of Purchase Agreement (Nissan Auto Receivables Corp /De), Purchase Agreement (Nissan Auto Receivables 1998-a Grantor Trust)

Organization, etc. The Seller has been is duly organized and is organized, validly existing as a corporation and in good standing under the laws of the State state of California its formation and is in good standing in each jurisdiction in the United States of America in which the conduct of its business or the ownership of its property requires such qualification 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.

Appears in 3 contracts

Samples: Purchase Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Purchase Agreement (Nissan Auto Receivables 2021-a Owner Trust), Purchase Agreement (Nissan Auto Receivables 2021-a Owner Trust)

Organization, etc. The Seller has been duly organized and is validly existing as a corporation in good standing under the laws of the State of California and is in good standing in each jurisdiction in the United States of America in which the conduct of its business or the ownership of its property requires such qualification 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.. (Nissan ______ Purchase Agreement)

Appears in 1 contract

Samples: Purchase Agreement (Nissan Auto Receivables Corp Ii)

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Organization, etc. The Seller has been duly organized incorporated ------------------ and is validly existing as a corporation in good standing under the laws of the State of California and is in good standing in each jurisdiction in the United States of America in which the conduct of its business or the ownership of its property requires such qualification 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 Agreementqualification.

Appears in 1 contract

Samples: Form of Purchase Agreement (Nissan Auto Receivables Corp /De)

Organization, etc. The Seller has been duly organized and is validly existing as a corporation in good standing under the laws of the State of California and is in good standing in each jurisdiction in the United States of America in which the conduct of its business or the ownership of its property requires such qualification 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.. (Nissan 2007-A Purchase Agreement)

Appears in 1 contract

Samples: Purchase Agreement (Nissan Auto Receivables Corp Ii)

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