Trust Existence. The Issuer and its successors and assigns shall maintain its Trust existence and shall at all times continue to be duly organized under the laws of its respective jurisdiction of formation and be duly qualified and duly authorized (as described in subsections 2.02(a), (b) and (c) hereof) and shall conduct its business in accordance with the terms of its Trust Agreement.
Appears in 2 contracts
Sources: Insurance and Indemnity Agreement (National Collegiate Student Loan Trust 2007-3), Insurance and Indemnity Agreement (National Collegiate Student Loan Trust 2007-4)