Due Qualification. Purchaser is duly qualified to do business as a foreign corporation, is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Documents.
Appears in 174 contracts
Samples: Purchase Agreement (AmeriCredit Automobile Receivables Trust 2024-1), Purchase Agreement (AmeriCredit Automobile Receivables Trust 2024-1), Purchase Agreement (GM Financial Consumer Automobile Receivables Trust 2024-2)
Due Qualification. Purchaser is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.
Appears in 17 contracts
Samples: Purchase Agreement (Americredit Automobile Receivables Trust 2003-B-X), Purchase Agreement (Americredit Financial Services Inc), Purchase Agreement (Americredit Financial Services Inc)
Due Qualification. Purchaser is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Documents.
Appears in 12 contracts
Samples: Purchase Agreement, Purchase Agreement (Americredit Automobile Receivables Trust 2003-D-M), Purchase Agreement (Americredit Automobile Receivables Trust 2003-a-M)
Due Qualification. Purchaser is duly qualified to do business as ----------------- a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.
Appears in 5 contracts
Samples: Purchase Agreement (Americredit Financial Services Inc), Purchase Agreement (Americredit Financial Services Inc), Purchase Agreement (Americredit Financial Services Inc)
Due Qualification. Purchaser is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing AgreementTransferor Assets, or the validity or enforceability of the Receivables and the Other Conveyed Property Transferor Assets or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s Related Transaction Documents.
Appears in 3 contracts
Samples: Purchase Agreement (UPFC Auto Receivables Trust 2004-A), Purchase Agreement (UPFC Auto Receivables Trust 2005-B), Purchase Agreement (UPFC Auto Receivables Trust 2005-A)
Due Qualification. Purchaser is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables Mortgage Loans or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables Mortgage Loans and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s Related Documents.
Appears in 3 contracts
Samples: Purchase Agreement and Assignment (Prudential Securities Secured Financing Corp), Purchase Agreement and Assignment (Prudential Securities Secured Financing Corp), Purchase Agreement (Prudential Securities Secured Financing Corp)
Due Qualification. Purchaser is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed PropertySeller Assets, and to transfer the Receivables and the Other Conveyed Property Seller Assets to the Issuer ACE Securities Corp. pursuant to the Sale and Servicing Purchase Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property Seller Assets or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s Related Transaction Documents.
Appears in 3 contracts
Samples: Sale Agreement (UPFC Auto Receivables Trust 2005-B), Sale Agreement (UPFC Auto Receivables Trust 2005-A), Sale Agreement (UPFC Auto Receivables Trust 2004-A)
Due Qualification. Purchaser is duly qualified to do business ----------------- as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.
Appears in 3 contracts
Samples: Purchase Agreement (Americredit Financial Services Inc), Purchase Agreement (Americredit Financial Services Inc), Purchase Agreement (Americredit Financial Services Inc)
Due Qualification. Purchaser is duly qualified to do business ----------------- as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.
Appears in 3 contracts
Samples: Purchase Agreement (TFC Enterprises Inc), Purchase Agreement (TFC Enterprises Inc), Purchase Agreement (TFC Enterprises Inc)
Due Qualification. Purchaser is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables Mortgage Loans or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables Mortgage Loans and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s Related Documents.;
Appears in 2 contracts
Samples: Purchase Agreement and Assignment (Prudential Securities Secured Financing Corp), Purchase Agreement and Assignment (Prudential Securities Secured Financing Corp)
Due Qualification. Purchaser is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s ability to acquire the Receivables or the Other Conveyed PropertySeller Assets, and to transfer the Receivables and the Other Conveyed Property Seller Assets to the Issuer Trust pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property Seller Assets or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Transaction Documents.
Appears in 2 contracts
Samples: Sale Agreement (UPFC Auto Receivables Trust 2006-A), Sale Agreement (UPFC Auto Receivables Trust 2006-B)
Due Qualification. Purchaser is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.
Appears in 2 contracts
Samples: Purchase Agreement (TFC Enterprises Inc), Purchase Agreement (Advanta Automobile Receivables 1998-1)
Due Qualification. The Purchaser is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect the Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed other Purchased Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and or the Other Conveyed Property or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Documentsother Purchased Property.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Ml Asset Backed Corp), Receivables Purchase Agreement (Merrill Auto Trust Securitization 2007-1)
Due Qualification. The Purchaser is duly qualified to do business as a foreign corporation, is corporation in good standing, standing and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect the Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Documents's obligations hereunder.
Appears in 2 contracts
Samples: Purchase Agreement (Asta Funding Inc), Purchase Agreement (Asta Funding Inc)
Due Qualification. Purchaser is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed PropertySeller Assets, and to transfer the Receivables and the Other Conveyed Property Seller Assets to the Issuer Trust pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property Seller Assets or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s Related Transaction Documents.
Appears in 2 contracts
Samples: Sale Agreement (UPFC Auto Receivables Trust 2007-B), Sale Agreement (UPFC Auto Receivables Trust 2007-A)
Due Qualification. Purchaser is duly qualified to do ----------------- business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.
Appears in 2 contracts
Samples: Purchase Agreement (Americredit Financial Services Inc), Purchase Agreement (Americredit Financial Services Inc)
Due Qualification. Purchaser is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect the validity or enforceability of the Receivables and the Other Conveyed Property, or Purchaser’s ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s its obligations hereunder and under the Purchaser’s Related Documentshereunder.
Appears in 2 contracts
Samples: Purchase and Servicing Agreement (Welund Fund Inc), Receivables and Servicing Rights (Solar Power, Inc.)
Due Qualification. Purchaser is duly qualified to do business as a foreign corporation, is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.
Appears in 1 contract
Samples: Purchase Agreement (AmeriCredit Automobile Receivables Trust 2007-a-X)
Due Qualification. Purchaser is duly qualified to do business as a ----------------- foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.
Appears in 1 contract
Samples: Purchase Agreement (Americredit Financial Services Inc)
Due Qualification. Purchaser is duly qualified to do business as a foreign corporationbusiness, is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.
Appears in 1 contract
Due Qualification. Purchaser is duly qualified to do business as ----------------- a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed PropertyReceivables, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under all of the Purchaser’s Related Documentsdocuments required pursuant hereto.
Appears in 1 contract
Due Qualification. Purchaser is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed PropertyMortgage Loans, and to transfer the Receivables and the Other Conveyed Property Mortgage Loans to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property Mortgage Loans or to perform Purchaser’s 's obligations hereunder and under all of the Purchaser’s Related Documentsdocuments required pursuant hereto.
Appears in 1 contract
Due Qualification. Purchaser is duly qualified to do business [as a foreign corporationcorporation]/[, is is] in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Documents.
Appears in 1 contract
Due Qualification. Purchaser is duly qualified to do business as a ----------------- foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s 's ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s 's obligations hereunder and under the Purchaser’s 's Related Documents.
Appears in 1 contract
Due Qualification. Purchaser is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s ability to acquire the Receivables or the Other Conveyed PropertySeller Assets, and to transfer the Receivables and the Other Conveyed Property Seller Assets to the Issuer ACE Securities Corp. pursuant to the Sale and Servicing Purchase Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property Seller Assets or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Transaction Documents.
Appears in 1 contract
Due Qualification. The Purchaser is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect the Purchaser’s ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed other Purchased Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and or the Other Conveyed Property or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Documentsother Purchased Property.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Merrill Auto Trust Securitization 2008-1)
Due Qualification. Purchaser is duly qualified to do business as a foreign corporationlimited liability company, is in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing Agreement, or the validity or enforceability of the Receivables and the Other Conveyed Property or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Documents.
Appears in 1 contract
Samples: Purchase Agreement (Efcar, LLC)
Due Qualification. Purchaser is duly qualified to do business as a foreign corporation, is corporation in good standing, and has obtained all necessary licenses and approvals in all jurisdictions where the failure to do so would materially and adversely affect Purchaser’s ability to acquire the Receivables or the Other Conveyed Property, and to transfer the Receivables and the Other Conveyed Property to the Issuer pursuant to the Sale and Servicing AgreementTransferor Assets, or the validity or enforceability of the Receivables and the Other Conveyed Property Transferor Assets or to perform Purchaser’s obligations hereunder and under the Purchaser’s Related Transaction Documents.
Appears in 1 contract