Merger or Consolidation of the Depositor. (a) The Depositor shall keep in full effect its existence, rights and franchises as a corporation under the laws of the United States or under the laws of one of the states thereof and shall obtain and preserve its qualification to do business as a foreign corporation in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement, or any of the Mortgage Loans and to perform its duties under this Agreement.
Appears in 8 contracts
Samples: Pooling and Servicing Agreement (FBR Securitization, Inc.), Pooling and Servicing Agreement (First NLC Securitization, Inc.), Pooling and Servicing Agreement (First NLC Securitization, Inc.)
Merger or Consolidation of the Depositor. (a) The Depositor shall will keep in full effect its existence, rights and franchises as a corporation corporation, under the laws of the United States or under the laws of one of the states thereof and shall will each obtain and preserve its qualification to do business as a foreign corporation in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement, or any of the Mortgage Loans and to perform its respective duties under this Agreement.
Appears in 8 contracts
Samples: Pooling and Servicing Agreement (Hsi Asset Securitization Corp), Pooling and Servicing Agreement (Hsi Asset Securitization Corp), Pooling and Servicing Agreement (HASCO Trust 2007-He2)
Merger or Consolidation of the Depositor. (a) The Subject to the following paragraph, the Depositor shall will keep in full effect its existence, rights and franchises as a corporation under the laws of the United States or under the laws jurisdiction of one of the states thereof its incorporation and shall will obtain and preserve its qualification to do business as a foreign corporation in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement, the Certificates or any of the Mortgage Loans Term Assets and to perform its respective duties under this Agreement.
Appears in 1 contract
Samples: Base Trust Agreement (Prudential Securities Structured Assets Inc)
Merger or Consolidation of the Depositor. (aix) The Depositor shall will keep in full effect its existence, rights and franchises as a corporation corporation, under the laws of the United States or under the laws of one of the states thereof and shall will each obtain and preserve its qualification to do business as a foreign corporation in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement, or any of the Mortgage Loans and to perform its respective duties under this Agreement.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Hsi Asset Securitization Corp)
Merger or Consolidation of the Depositor. (a) The Depositor shall keep in full effect its existence, rights and franchises as a corporation under the laws of the United States or under the laws of one of the states thereof and shall obtain and preserve its qualification to do business as a foreign corporation in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement, or any of the Mortgage Loans and to perform its duties under this Agreement.. 176
Appears in 1 contract
