Organization and Good Standing; Licensing. The Owner is a corporation duly organized and validly existing and has the power and authority to own its assets and to transact the business in which it is currently engaged.
Appears in 3 contracts
Sources: Servicing Agreement (Deutsche Alt-a Securities Inc), Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-1), Servicing Agreement (Deutsche Alt-B Securities Mortgage Loan Trust, Series 2007-Ab1)