Enforceability; Merger or Consolidation of the Transferors. (a) The Transferors will keep in full effect its respective existence, rights and franchises as a corporation, and will 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 other Basic Documents, the Pooling and Servicing Agreement, and any of the Mortgage Loans and to perform its duties under such agreements.
Appears in 5 contracts
Samples: Transfer Agreement (Eqcc Receivables Corp), Transfer Agreement (Eqcc Asset Backed Corp), Transfer Agreement (Eqcc Asset Backed Corp)