Common use of Backup Servicer Not to Resign Clause in Contracts

Backup Servicer Not to Resign. Except as set forth in Section 14, Backup Servicer shall not resign from the obligations and duties hereby imposed on it except by mutual written consent of Backup Servicer and Servicer or upon the determination that its duties hereunder are no longer permissible under Applicable Law and such incapacity cannot be cured by Backup Servicer without any unreasonable costs or expenses. Any such determination permitting the resignation of Backup Servicer must be in the reasonable determination of Backup Servicer and must be accompanied by a certificate of an authorized officer of Backup Servicer reasonably acceptable to Servicer certifying as to the basis of such impermissibility under Applicable Law.

Backup Servicer Not to Resign. Except as set forth in Section 14, Backup Servicer shall not resign from the obligations and duties hereby imposed on it except by mutual written consent of Backup Servicer and Servicer or upon the determination that its duties hereunder are no longer permissible under Applicable Law and such incapacity cannot be cured by Backup Servicer without any unreasonable costs or expenses. Any such determination permitting the resignation of Backup Servicer must be in the reasonable determination of Backup Servicer and must be accompanied by a certificate of an authorized officer of Backup Servicer reasonably acceptable to Servicer certifying as to the basis of such impermissibility under Applicable Law. 13.

Backup Servicer Not to Resign. Except as set forth in Section 14, Backup Servicer shall not resign from the obligations and duties hereby imposed on it except by mutual written consent of Backup Servicer and Servicer Client or upon the determination that its duties hereunder are no longer permissible under Applicable Law and such incapacity cannot be cured by Backup Servicer without any unreasonable costs or expensesLaw. Any such determination permitting the resignation of Backup Servicer must be in the reasonable determination of Backup Servicer and must be accompanied by a certificate of an authorized officer of Backup Servicer and an opinion of outside counsel to Backup Servicer reasonably acceptable to Servicer Client certifying as to the basis of such impermissibility under Applicable Law. 20.

Backup Servicer Not to Resign. Except as set forth in Section 14, Backup Servicer Servicers shall not resign from the obligations and duties hereby imposed on it except by mutual written consent of both Backup Servicer Servicers and Servicer Client or upon the determination that its duties hereunder are no longer permissible under Applicable Law and such incapacity cannot be cured by Backup Servicer without any unreasonable costs or expensesLaw. Any such determination permitting the resignation of a Backup Servicer must be in the reasonable determination of such Backup Servicer and must be accompanied by a certificate of an authorized officer of such Backup Servicer reasonably acceptable and an opinion of outside counsel to Servicer certifying as to the basis of such impermissibility under Applicable Law.Backup Servicer