Common use of Limitation on Mergers, Etc Clause in Contracts

Limitation on Mergers, Etc. Neither the Depositor nor the Issuing Entity shall not consolidate with or merge with or into any Person or transfer all or substantially all of its assets to any Person or liquidate or dissolve except as provided in the Indenture or as permitted hereby. The Depositor shall furnish to the Insurer all information requested by it that is reasonably necessary to determine compliance with this paragraph.

Appears in 2 contracts

Samples: Insurance and Indemnity Agreement (Origen Residential Securities, Inc.), Insurance and Indemnity Agreement (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2006-A)

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Limitation on Mergers, Etc. Neither the The Depositor nor the Issuing Entity shall not consolidate with or merge with or into any Person or transfer all or substantially all of its assets to any Person or liquidate or dissolve except as provided in the Indenture Sale and Servicing Agreement or as permitted hereby. The Depositor shall furnish to the Insurer all information requested by it that is reasonably necessary to determine compliance with this paragraph.

Appears in 2 contracts

Samples: Insurance and Indemnity Agreement (Indymac MBS Inc), Insurance and Indemnity Agreement (Indymac Abs Inc)

Limitation on Mergers, Etc. Neither the The Depositor nor the Issuing Entity shall not consolidate with or merge with or into any Person or transfer all or substantially all of its assets to any Person or liquidate or dissolve except as provided in the Indenture or as permitted herebyOperative Documents. The Depositor shall furnish to the Insurer all information requested by it the Insurer that is reasonably necessary to determine compliance with this paragraph.

Appears in 2 contracts

Samples: Insurance and Indemnity Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H1), Insurance and Indemnity Agreement (Indymac MBS Inc)

Limitation on Mergers, Etc. Neither the The Depositor nor the Issuing Entity shall not consolidate with or merge with or into any Person or transfer all or substantially all of its assets to any Person or liquidate or dissolve except as provided in the Indenture Operative Documents to which it is a party or as permitted hereby. The Depositor shall furnish to the Certificate Insurer all information requested by it the Certificate Insurer that is reasonably necessary to determine compliance with this paragraph.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (American Business Financial Services Inc /De/)

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Limitation on Mergers, Etc. Neither the The Depositor nor the Issuing Entity shall not consolidate with or merge with or into any Person or transfer all or substantially all of its assets to any Person or liquidate or dissolve except as provided in the Indenture Transaction Documents or as permitted hereby. The Depositor shall furnish to the Insurer all information requested by it the Insurer that is reasonably necessary to determine compliance with this paragraphSection 2.09(c).

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H4)

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