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Common use of Capacity of Parties Clause in Contracts

Capacity of Parties. All parties to such Loan had legal capacity to execute the Loan.

Appears in 9 contracts

Sources: Master Loan Purchase Agreement, Master Loan Purchase Agreement (Wyndham Worldwide Corp), Master Loan Purchase Agreement (Wyndham Worldwide Corp)

Capacity of Parties. All parties to such the Mortgage Loan had legal capacity to execute the Mortgage Loan.

Appears in 7 contracts

Sources: Pooling and Servicing Agreement (Cit Home Equity Loan Trust 2002-1), Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Acceptance Corp), Pooling and Servicing Agreement (Cit Home Equity Loan Trust 2003-1)

Capacity of Parties. All parties to such each Loan had legal capacity to execute the Loanloan documents relating thereto.

Appears in 1 contract

Sources: Purchase and Assumption Agreement (Citizens Bancshares Inc /Oh/)

Related Clauses

  • Responsibility of Parties
  • AUTHORITY OF PARTIES
  • Liability of Parties
  • Cooperation of Parties
  • AGREEMENT OF PARTIES

Parent Clauses

  • Representations and Warranties Regarding Each Contract
  • REPRESENTATIONS AND WARRANTIES
  • Valid Security Interest
  • Appointment of Subservicer
  • Representations and Warranties Regarding Each Loan

Sub-Clauses

  • BULK TRANSFER LAWS
  • POSSESSION
  • MARKING RECORDS
  • TRUE SALE
  • AMOUNTS
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