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Common use of Organization and Licensing Clause in Contracts

Organization and Licensing. The Insurer is a financial guaranty insurance corporation duly organized, validly existing and in good standing under the laws of the State of New York.

Appears in 4 contracts

Sources: Insurance and Indemnity Agreement (Triad Financial Special Purpose LLC), Insurance and Indemnity Agreement (Triad Financial Special Purpose LLC), Insurance and Indemnity Agreement (Triad Automobile Receivables Trust 2006-B)

Related Clauses

  • Incorporation and Organization
  • Organization and Existence
  • Due Incorporation and Organization
  • Formation and Name
  • Organization and Good Standing

Parent Clauses

  • Representations and Warranties of the Insurer
  • REPRESENTATIONS, WARRANTIES AND COVENANTS
  • Representations and Warranties
  • Representations and Warranties of the Certificate Insurer
  • Representations, Warranties and Covenants of the Policy Provider

Sub-Clauses

  • Corporate Power
  • Financial Information
  • Rating
  • 1933 Act Registration
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