Common use of Existence Clause in Contracts

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing Agreement.

Appears in 82 contracts

Samples: Wells Fargo (Renaissance Home Equity Loan Trust 2006-4), Wells Fargo (Renaissance Home Equity Loan Trust 2007-1), Wells Fargo (Renaissance Home Equity Loan Trust 2006-1, Home Equity Loan Asset-Backed Notes, Series 2006-1)

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Existence. The Issuer will keep in full effect preserve its existence, rights rights, and franchises as a Delaware statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, becomes organized under the laws of any other state State or of the United States of AmericaStates, in which case the Issuer will keep in full effect preserve its existence, rights rights, and franchises under the laws of such that other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification to do business is or shall be necessary to protect the validity and enforceability of this Servicing AgreementIndenture, the Notes, the Collateral, and each other material agreement of the Issuer.

Appears in 59 contracts

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-D), Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-G), Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E)

Existence. The Except as otherwise permitted by the provisions of Section 3.10, the Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing AgreementIndenture, the Notes, the Collateral and each other instrument or agreement included in the Trust Property.

Appears in 26 contracts

Samples: Indenture (Credit Acceptance Corp), Indenture (Credit Acceptance Corp), Indenture (Credit Acceptance Corp)

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory business trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing Agreement.

Appears in 19 contracts

Samples: Servicing Agreement (Imh Assets Corp), Servicing Agreement (Imh Assets Corp Collateralized Asset-Backed BDS Ser 1999-2), Servicing Agreement (Imh Assets Corp Impac CMB Trust Series 1999-1)

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory business trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of AmericaStates, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing AgreementIndenture, the Notes, and the Collateral.

Appears in 18 contracts

Samples: Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp)

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory business trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of AmericaStates, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing AgreementIndenture, the Notes, and the Pledged Assets.

Appears in 16 contracts

Samples: Indenture (Uacsc Auto Trusts), Indenture (Uacsc 2001-a Owner Trust), Indenture (Uacsc 2002-a Owner TRST Auto Receivable Back Nt)

Existence. The Issuer will keep in full effect preserve its existence, rights rights, and franchises as a statutory Delaware business trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, becomes organized under the laws of any other state State or of the United States of AmericaStates, in which case the Issuer will keep in full effect preserve its existence, rights rights, and franchises under the laws of such that other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification to do business is or shall be necessary to protect the validity and enforceability of this Servicing AgreementIndenture, the Notes, the Collateral, and each other material agreement of the Issuer.

Appears in 10 contracts

Samples: Indenture (Cwabs Inc), Indenture (Cwabs Inc), Indenture (Cwabs Inc)

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of AmericaStates, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing AgreementIndenture, the Notes, and the Collateral.

Appears in 9 contracts

Samples: Onyx Acceptance Owner Trust 2005-A, Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp)

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory business trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing Agreement.

Appears in 7 contracts

Samples: Servicing Agreement (Novastar Mortgage Funding Corp), Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Servicing Agreement (Pacificamerica Money Center Inc)

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing Agreement.

Appears in 5 contracts

Samples: Servicing Agreement (Imh Assets Corp Impac CMB Trust Series 2002 9f), Servicing Agreement (Imh Assets Corp Impac CMB Trust Series 2003-9f), Servicing Agreement (Imh Assets Corp Impac CMB Trust Series 2002 9f)

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing AgreementIndenture, the Notes and the Collateral, and will not dissolve or liquidate in whole or in part.

Appears in 5 contracts

Samples: Indenture (California Republic Funding LLC), Trust Agreement (California Republic Auto Receivables Trust 2015-2), Indenture (California Republic Funding LLC)

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Master Servicing Agreement.

Appears in 4 contracts

Samples: Master Servicing Agreement (American Home Mortgage Investment Trust 2005-4), Master Servicing Agreement (American Home Mortgage Investment Trust 2005-3), Master Servicing Agreement (American Home Mortgage Investment Trust 2005-2)

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing Agreement.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Centex Land Vista Ridge Lewisville III General Partner, LLC), Sale and Servicing Agreement (Centex Land Vista Ridge Lewisville III General Partner, LLC), Sale and Servicing Agreement (Newcastle Mortgage Securities Trust 2006-1, Asset-Backed Notes, Series 2006-1)

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this HELOC Servicing Agreement.

Appears in 3 contracts

Samples: American Home Mortgage Investment Trust 2005-4, Servicing Agreement (American Home Mortgage Investment Trust 2005-1), Servicing Agreement (American Home Mortgage Investment Trust 2005-2)

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this RMBS Servicing Agreement.

Appears in 3 contracts

Samples: Wells Fargo (American Home Mortgage Investment Trust 2005-4), RMBS Servicing Agreement (American Home Mortgage Investment Trust 2005-2), Servicing Agreement (American Home Mortgage Investment Trust 2005-1)

Existence. (a) The Issuer will keep in full effect its existence, rights and franchises as a statutory business trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state State or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing AgreementIndenture, the Notes and the Collateral.

Appears in 3 contracts

Samples: Structured Asset Securities Corp Mort Back Notes Ser 2002 9, Sale Agreement (Lares Asset Securitization, Inc.), Execution (Firstplus Investment Corp)

Existence. The Issuer will shall keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state State or of the United States of America, in which case the Issuer will shall keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will shall obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing AgreementIndenture, the Notes and the Collateral.

Appears in 2 contracts

Samples: Indenture (Chase Education Loan Trust 2007-A), Collegiate Funding of Delaware LLC

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state State or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing Agreement.this

Appears in 2 contracts

Samples: Indenture (Usa Group Secondary Market Services Inc), Indenture (Signet Student Loan Trusts)

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing AgreementIndenture, the Notes, the Trust Estate and each other related instrument or agreement included in the Trust Estate. The Issuer shall not consolidate or merge with or into any other Person and shall not (except as provided herein) convey or transfer its properties and assets substantially as an entirety to any Person.

Appears in 2 contracts

Samples: Indenture (Springleaf Holdings, Inc.), Indenture (Springleaf Finance Corp)

Existence. The Issuer will keep in full effect its existence, ---------- rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing Agreement.

Appears in 1 contract

Samples: Servicing Agreement (Imh Assets Corp)

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory business trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing Agreement.of

Appears in 1 contract

Samples: Onyx Acceptance Financial Corp

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Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory business trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of AmericaStates, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing AgreementIndenture, the Notes, and the Trust Property.

Appears in 1 contract

Samples: Onyx Acceptance Corp

Existence. The Issuer will keep in full effect its --------- existence, rights and franchises as a statutory business trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing Agreement).

Appears in 1 contract

Samples: MCG Capital Corp

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of AmericaStates, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing AgreementIndenture, the Notes, and the Pledged Assets.

Appears in 1 contract

Samples: Indenture (Bay View Transaction Corp)

Existence. The Issuer will shall keep in full effect its existence, rights and franchises as a statutory business trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state State or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing Agreement.in

Appears in 1 contract

Samples: Daimler Benz Vehicle Receivables Corp

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing HELOC Subservicing Agreement.

Appears in 1 contract

Samples: Heloc Subservicing Agreement (American Home Mortgage Investment Trust 2005-4)

Existence. The (a) Subject to Section 3.4(b) below, the Issuer will keep in full effect its existence, rights and franchises as a statutory business trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state State or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing Agreement.be

Appears in 1 contract

Samples: Fleet Home Equity Loan Corp

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory business trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state State or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing Agreement.qualification

Appears in 1 contract

Samples: Caterpillar Financial Funding Corp

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing RMBS Subservicing Agreement.

Appears in 1 contract

Samples: RMBS Subservicing Agreement (American Home Mortgage Investment Trust 2005-4)

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory business trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state State or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing AgreementIndenture, the Notes and the Collateral.

Appears in 1 contract

Samples: Indenture (Bluegreen Corp)

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this RMBS Master Servicing Agreement.

Appears in 1 contract

Samples: RMBS Master Servicing Agreement (American Home Mortgage Investment Trust 2005-4)

Existence. (a) The Issuer will keep in full effect its existence, rights and franchises as a statutory business trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing Agreement.protect

Appears in 1 contract

Samples: Pacificamerica Money Center Inc

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory business trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of AmericaStates, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing Agreement).

Appears in 1 contract

Samples: Indenture (MCG Capital Corp)

Existence. The Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes, organized under the laws of any other state or of the United States of America, in which case the Issuer will keep in full effect its existence, rights and franchises under the laws of such other jurisdiction) and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Servicing AgreementIndenture, the Notes and the Collateral.

Appears in 1 contract

Samples: Master Indenture (Alliance Data Systems Corp)

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