Common use of Authorization; Approvals Clause in Contracts

Authorization; Approvals. The issuance of the Policy and the execution, delivery and performance of this Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings with any governmental agency or other governmental authority, or any approval of the Insurer’s board of directors or stockholders, are necessary for the Policy, this Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Insurer.

Appears in 10 contracts

Samples: Indemnification Agreement (AFS SenSub Corp.), Indemnification Agreement (UPFC Auto Receivables Trust 2006-A), Indemnification Agreement (Americredit Automobile Receivables Trust 2003-D-M)

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Authorization; Approvals. The issuance of the Policy Policies and the execution, delivery and performance of this Agreement, the Trust Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings filing with any governmental agency or other governmental authority, or any approval of the Insurer’s 's board of directors or stockholders, are necessary for the PolicyPolicies, this Agreement, the Trust Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Insurer.

Appears in 9 contracts

Samples: Indemnification Agreement (WFS Financial Auto Loans Inc), Indemnification Agreement (WFS Financial 1997-B Owner Trust), Indemnification Agreement (WFS Financial 1997-C Owner Trust)

Authorization; Approvals. The issuance of the Policy and the execution, delivery and performance of this Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings with any governmental agency or other governmental authority, or any approval of the Insurer’s 's board of directors or stockholders, are necessary for the Policy, this Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Insurer.

Appears in 8 contracts

Samples: Indemnification Agreement (Americredit Automobile Receivables Trust 2003-B-X), Indemnification Agreement (Residential Asset Funding Corp), Indemnification Agreement (Residential Asset Funding Corp)

Authorization; Approvals. The issuance of the Policy and the execution, delivery and performance of this Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings with any governmental agency or other governmental authority, or any approval of the Insurer’s 's board of directors or stockholders, are necessary for the Policy, Policy and this Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Insurer.

Appears in 4 contracts

Samples: Indemnification Agreement (Capital One Auto Finance Trust 2002-A), Indemnification Agreement (Capital One Auto Receivables LLC), Indemnification Agreement (Capital One Auto Receivables Trust 2001-B)

Authorization; Approvals. The issuance of the Policy and the execution, delivery and performance of this Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings filing with any governmental agency or other governmental authority, or any approval of the Insurer’s 's board of directors or stockholders, are necessary for the Policy, Policy and this Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Insurer.

Appears in 3 contracts

Samples: Indemnification Agreement (Advanta Mortgage Loan Trust 1996-3), Indemnification Agreement (Advanta Mortgage Loan Trust 1996-4), Indemnification Agreement (Equivantage Acceptance Corp)

Authorization; Approvals. The issuance of the Policy Policies and the execution, delivery and performance of this Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings with any governmental agency or other governmental authority, or any approval of the Insurer’s 's board of directors or stockholders, are necessary for the PolicyPolicies, this Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Certificate Insurer.

Appears in 3 contracts

Samples: Indemnification Agreement (Advanta Mortgage Conduit Services Inc), Indemnification Agreement (Advanta Mortgage Loan Trust 1998-3), Indemnification Agreement (Advanta Mortgage Loan Trust 1997-3)

Authorization; Approvals. The issuance of the Policy and the execution, delivery and performance of this Agreement, the Trust Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings filing with any governmental agency or other governmental authority, or any approval of the Insurer’s 's board of directors or stockholders, are necessary for the Policy, this Agreement, the Trust Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Insurer.

Appears in 3 contracts

Samples: Indemnification Agreement (WFS Receivables Corp), Indemnification Agreement (WFS Receivables Corp 2), Indemnification Agreement (WFS Receivables Corp)

Authorization; Approvals. The issuance of the Policy and the ------------------------ execution, delivery and performance of this Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings filing with any governmental agency or other governmental authority, or any approval of the Certificate Insurer’s 's board of directors or stockholders, are necessary for the Policy, Policy and this Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Certificate Insurer.

Appears in 3 contracts

Samples: Indemnification Agreement (Chevy Chase Bank FSB), Indemnification Agreement (Chevy Chase Bank FSB), Indemnification Agreement (Chevy Chase Bank FSB)

Authorization; Approvals. The issuance of the Policy Policies and the execution, delivery and performance of this Agreement, the Trust Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings filing with any governmental agency or other governmental authority, or any approval of the Insurer’s 's board of directors or stockholders, are necessary for the PolicyPolicies, this Agreement and Agreement, the Insurance Agreement to constitute the legal, valid and binding obligations of the Insurer.Trust

Appears in 2 contracts

Samples: Indemnification Agreement (WFS Financial Auto Loans Inc), Indemnification Agreement (WFS Financial Auto Loans Inc)

Authorization; Approvals. The issuance of the Policy and the execution, delivery and performance of this Agreement Agrreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings with any governmental agency or other governmental authority, or any approval of the Insurer’s 's board of directors or stockholders, are necessary for the Policy, this Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Insurer.

Appears in 1 contract

Samples: Indemnification Agreement (Mego Mortgage Corp)

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Authorization; Approvals. The issuance of the Policy Policies and the execution, delivery and performance of this Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings filing with any governmental agency or other governmental authority, or any approval of the Insurer’s 's board of directors or stockholders, are necessary for the PolicyPolicies, this Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Insurer.

Appears in 1 contract

Samples: Indemnification Agreement (Prudential Securities Secured Financing Corp)

Authorization; Approvals. The issuance of the Policy and the executionPolicy, delivery and performance of this Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedingsauthorized, executed and delivered. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings with any governmental agency or other governmental authority, or any approval of the Insurer’s 's board of directors or stockholders, are necessary for the Policy, this Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Insurer.

Appears in 1 contract

Samples: Indemnification Agreement (Prudential Securities Secured Financing Corp)

Authorization; Approvals. The issuance of the Policy and ------------------------ the execution, delivery and performance of this Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings filing with any governmental agency or other governmental authority, or any approval of the Certificate Insurer’s 's board of directors or stockholders, are necessary for the Policy, Policy and this Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Certificate Insurer.

Appears in 1 contract

Samples: Indemnification Agreement (Chevy Chase Bank FSB)

Authorization; Approvals. The issuance of the Policy and the execution, delivery and performance of this Agreement, the Insurance Agreement and the Insurance Spread Account Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings with any governmental agency or other governmental authority, or any approval of the Insurer’s 's board of directors or stockholders, are necessary for the Policy, this Agreement, the Insurance Agreement and the Insurance Spread Account Agreement to constitute the legal, valid and binding obligations of the Insurer.

Appears in 1 contract

Samples: Indemnification Agreement (Long Beach Acceptance Corp)

Authorization; Approvals. The issuance of the Policy and the execution, delivery and performance of this Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings with any governmental agency or other governmental authority, or any approval of the Certificate Insurer’s 's board of directors or stockholders, are necessary for the Policy, this Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Certificate Insurer.

Appears in 1 contract

Samples: Advanta Revolving Home Equity Loan Trust 1996-A

Authorization; Approvals. The issuance of the Policy and the execution, delivery and performance of this Agreement, the Sales and Servicing Agreement and the Insurance Agreement have by the Originator has been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings filing with any governmental agency or other governmental authority, or any approval of the Insurer’s Originator's board of directors or stockholders, are necessary for this Agreement, the Policy, this Sales and Servicing Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the InsurerOriginator.

Appears in 1 contract

Samples: Indemnification Agreement (Prudential Securities Secured Financing Corp)

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