Due Organization and Good Standing. The Seller is duly organized, validly existing and in good standing as a limited liability company under the laws of the State of Delaware and has the power and authority to own its assets and to transact the business in which it is currently engaged.
Appears in 13 contracts
Samples: MSR Servicing Agreement, Acquisition and Servicing Agreement, MSR Servicing Agreement
Due Organization and Good Standing. The Seller has been duly organized and is duly organized, validly existing and as a corporation in good standing as a limited liability company under the laws of the State of Delaware and has the Delaware, with power and authority to own its assets properties and to transact conduct its business as such properties shall be currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire and own the business in which it is currently engagedReceivables.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Asta Funding Inc), Pooling and Servicing Agreement (Asta Funding Inc), Pooling and Servicing Agreement (Asta Funding Inc)
Due Organization and Good Standing. The Seller is a limited liability company duly organizedformed, validly existing and in good standing as a limited liability company under the laws Laws of the State of Delaware and has the power and authority to own its assets and to transact the business in which it is currently engagedDelaware.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Griffon Corp), Stock Purchase Agreement (Ames True Temper, Inc.)
