Compliance with Law. Each Purchaser shall comply with all Laws applicable to it insofar as such compliance is material to its performance of its obligations hereunder. As applicable, each Purchaser and its Affiliates shall at all times maintain all necessary Permits in order to be qualified to act hereunder as a Servicer and perform and discharge all Serviced Duties consistent with the terms hereof. For the avoidance of doubt, without limiting the Purchasers’ obligations under the Purchase Agreement, this Section 6.9 shall not require Purchasers to obtain any new Permits.
Appears in 374 contracts
Samples: Servicing Agreement (Benchmark 2021-B30 Mortgage Trust), Servicing Agreement (Carvana Auto Receivables Trust 2021-P1), Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2014-C19)
Compliance with Law. Each Purchaser shall comply with all Laws applicable to it insofar as such compliance is material to its performance of its obligations hereunder. As applicable, each Purchaser and its Affiliates shall at all times maintain all necessary Permits in order to be qualified to act hereunder as a Servicer and perform and discharge all Serviced Duties consistent with the terms hereof. For the avoidance of doubt, without limiting the Purchasers’ ' obligations under the Purchase Agreement, this Section 6.9 shall not require Purchasers to obtain any new Permits.
Appears in 1 contract
Samples: Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2012-C5)