Common use of Assignment of Rights and Delegation of Duties by Master Servicer Clause in Contracts

Assignment of Rights and Delegation of Duties by Master Servicer. The Company and the Master Servicer will each keep in full effect its existence, rights and franchises as a corporation under the laws of the state of its incorporation, and 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, the Certificates or any of the Mortgage Loans and to perform its respective duties under this Agreement.

Assignment of Rights and Delegation of Duties by Master Servicer. The Company and the Master Servicer will shall each keep in full effect its existence, rights and franchises as a corporation or limited liability company, respectively, under the laws of the state of its incorporationincorporation or formation, as applicable, and will shall each obtain and preserve its qualification to do business as a foreign corporation company 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 and to perform its respective duties under this Agreement.

Assignment of Rights and Delegation of Duties by Master Servicer. The Company and the Master Servicer will each keep in full effect its existence, rights and franchises as a corporation or limited liability company, respectively, under the laws of the state of its incorporationincorporation or formation, as applicable, and will each obtain and preserve its qualification to do business as a foreign corporation company 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 and to perform its respective duties under this Agreement.

Assignment of Rights and Delegation of Duties by Master Servicer. The Company and the Master Servicer will shall each keep in full effect its existence, rights and franchises as a corporation under the laws of the state of its incorporationincorporation and as a limited liability company under the laws of the state of its organization, respectively, and will shall each obtain and preserve its qualification to do business as a foreign corporation or other Person 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 and to perform its respective duties under this Agreement.