CORPORATE EXISTENCE OF THE SERVICER. The Servicer shall keep in full effect its existence, rights and franchises as a corporation, 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 Eligible Loans and to perform its duties under this Agreement.
Appears in 4 contracts
Samples: Mortgage Loan Purchase and Servicing Agreement (PHH Corp), Repurchase and Servicing Agreement (PHH Corp), Repurchase and Servicing Agreement (PHH Corp)
CORPORATE EXISTENCE OF THE SERVICER. The Servicer shall keep in full effect its existence, rights and franchises as a corporation, 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 Purchase Agreement or any of the Eligible Mortgage Loans and to perform its duties under this Purchase Agreement.
Appears in 2 contracts
Samples: Von Karman (New Century Financial Corp), Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp)
CORPORATE EXISTENCE OF THE SERVICER. The Servicer shall keep in full effect its existence, rights and franchises as a corporation, 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 Eligible Mortgage Loans and to perform its duties under this Agreement.
Appears in 2 contracts
Samples: Servicing Agreement (PHH Corp), Servicing Agreement (PHH Corp)
CORPORATE EXISTENCE OF THE SERVICER. The Servicer shall keep in full effect its existence, rights and franchises as a corporation, 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 Eligible Mortgage Loans and to perform its duties under this Agreement.
Appears in 1 contract
Samples: Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp)