Common use of Existence of Issuer Clause in Contracts

Existence of Issuer. (a) Subject to Sections 3.04(b) and (c) and Section 6.2(a)(ii) of the Deposit Trust Agreement, the Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware or under the laws of any other state or the United States of America, and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Indenture, the Notes, the Servicing Agreement, the Insurance Agreement and the Mortgage Loan Contribution Agreement.

Existence of Issuer. (a) Subject to Sections 3.04(b) and (c) and Section 6.2(a)(ii) of the Deposit Trust Agreement, the Issuer will keep in full effect its existence, rights and franchises as a statutory business trust under the laws of the State of Delaware or under the laws of any other state or the United States of America, and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Indenture, the Notes, the Servicing Agreement, the Insurance Agreement and the Mortgage Loan Contribution Agreement.

Existence of Issuer. (a) Subject to Sections 3.04(b) and (c) and Section 6.2(a)(ii) of the Deposit Trust Agreement, the Issuer will keep in full effect its existence, rights and franchises as a statutory trust under the laws of the State of Delaware or under the laws of any other state or the United States of America, and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Indenture, the Notes, the Servicing Agreement, the Insurance Agreement and the Mortgage Loan Contribution Agreement.