CORPORATE EXISTENCE; STATUS; MERGER. (a) The Servicer shall keep in full effect its existence, rights and franchises as a limited liability company and shall continue to be duly organized, validly existing and in good standing under the laws of its jurisdiction of organization and shall take such actions under the laws of each state as shall be necessary to protect the validity and enforceability of, or to permit the Servicer to perform its obligations (including but not limited to its origination and servicing obligations) under, the Trust Documents.
Appears in 3 contracts
Samples: Servicing Agreement (Greyhound Funding LLC), Servicing Agreement (Fah Co Inc), Servicing Agreement (Greyhound Funding LLC)
CORPORATE EXISTENCE; STATUS; MERGER. (a) The Servicer shall keep in full force and effect its existence, rights and franchises as a limited liability company corporation and shall continue to be duly organized, validly existing and in good standing under the laws of its jurisdiction of organization organization, subject to Section 3.12, and shall take such actions under the laws of each state as shall be necessary to protect the validity and enforceability of, or to permit the Servicer to perform its obligations (including but not limited to its origination and servicing obligations) under, the Trust Documents.
Appears in 1 contract
Samples: Origination and Servicing Agreement (Navistar Financial Retail Receivables Corporation)
