Common use of Merger or Consolidation of the Company, or the Master Servicer Clause in Contracts

Merger or Consolidation of the Company, or the Master Servicer. Subject to the following paragraph, the Company and the Master Servicer each will keep in full effect its corporate existence, rights and franchises under the laws of the jurisdiction of its organization, 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 the Pooling and Master Servicing Agreement, the Securities or any of the Mortgage Assets and to perform its respective duties under the Pooling and Master Servicing Agreement. The Company or the Master Servicer may be merged or consolidated with or into any Person, or transfer all or substantially all of their respective assets to any Person, in which case any Person resulting from any merger or consolidation to which the Company or the Master Servicer shall be a party, or any Person succeeding to the business of the Company or the Master Servicer, shall be the successor of the Company or the Master Servicer, as the case may be, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding.

Merger or Consolidation of the Company, or the Master Servicer. Subject to the following paragraph, the (a) The Company and the Master Servicer will each will keep in full effect its corporate existence, rights and franchises as a corporation under the laws of the jurisdiction state of its organizationincorporation, and will each 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 the Pooling and Master Servicing this Agreement, the Securities Certificates or any of the Mortgage Assets Loans and to perform its respective duties under this Agreement. (b) Any Person into which the Pooling and Master Servicing Agreement. The Company or the Master Servicer may be merged or consolidated with or into any Personconsolidated, or transfer all or substantially all of their respective assets to any Person, in which case any Person corporation resulting from any merger or consolidation to which the Company or the Master Servicer shall be a party, or any Person succeeding to the business of the Company or the Master Servicer, shall be the successor of the Company or the Master Servicer, as the case may be, hereunder, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding; provided, such successor must satisfy the requirements of Section 7.02 herein.

Merger or Consolidation of the Company, or the Master Servicer. Subject to the following paragraph, (a) Each of the Company and the Master Servicer each will keep in full force and effect its corporate existence, rights and franchises as a corporation under the laws of the jurisdiction state of its organizationincorporation, 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 the Pooling and Master Servicing this Agreement, the Securities Certificates or any of the Mortgage Assets Loans and to perform its respective duties under this Agreement. (b) Any Person into which the Pooling and Master Servicing Agreement. The Company or the Master Servicer may be merged or consolidated with or into any Personconsolidated, or transfer all or substantially all of their respective assets to any Person, in which case any Person corporation resulting from any merger or consolidation to which the Company or the Master Servicer shall be a party, or any Person succeeding to the business of the Company or the Master Servicer, shall be the successor of the Company or the Master Servicer, as the case may beServicer hereunder, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding.