Common use of Merger or Consolidation of the Depositor or the Administrative Agent Clause in Contracts

Merger or Consolidation of the Depositor or the Administrative Agent. (a) Subject to the following paragraph, the Depositor will keep in full effect its existence, rights and franchises as a corporation under the laws of the jurisdiction of its incorporation, and the Administrative Agent, if any, will keep in full effect its existence, rights and franchises under the laws of the jurisdiction of its incorporation or association. The Depositor and the Administrative Agent, if any, each will obtain and preserve its qualification to do business as a foreign corporation or association in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement, the Certificates or any of the Term Assets and to perform its respective duties under this Agreement.

Merger or Consolidation of the Depositor or the Administrative Agent. (a) Subject to the following paragraph, the Depositor will keep in full effect its existence, rights and franchises as a corporation limited liability company under the laws of the jurisdiction of its incorporationformation, and the Administrative Agent, if any, will keep in full effect its existence, rights and franchises under the laws of the jurisdiction of its incorporation formation or association. The Depositor and the Administrative Agent, if any, each will obtain and preserve its qualification to do business as a foreign corporation corporation, limited liability company or association in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement, the Certificates or any of the Term Assets Underlying Securities and to perform its respective duties under this Agreement.

Merger or Consolidation of the Depositor or the Administrative Agent. (a) Subject to the following paragraph, the Depositor will keep in full effect its existence, rights and franchises as a corporation under the laws of the jurisdiction of its incorporation, and the Administrative Agent, if any, will keep in full effect its existence, rights and franchises under the laws of the jurisdiction of its incorporation or association. The Depositor and the Administrative Agent, if any, each will obtain and preserve its qualification to do business as a foreign corporation or association in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement, the Certificates or any of the Term Deposited Assets and to perform its respective duties under this Agreement.

Merger or Consolidation of the Depositor or the Administrative Agent. (a) Subject to the following paragraph, the Depositor will keep in full effect its existence, rights and franchises as a corporation under the laws of the jurisdiction of its incorporation, and the Administrative Agent, if any, will keep in full effect its existence, rights and franchises under the laws of the jurisdiction of its incorporation or association. The Depositor and the Administrative Agent, if any, each will obtain and preserve its qualification to do business as a foreign corporation or association in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement, the Certificates or any of the Term Assets Underlying Securities and to perform its respective duties under this Agreement.

Merger or Consolidation of the Depositor or the Administrative Agent. (a) Subject to the following paragraph, the Depositor will keep in full effect its existence, rights and franchises as a corporation limited liability company under the laws of the jurisdiction of its incorporationformation, and the Administrative Agent, if any, will keep in full effect its existence, rights and franchises under the laws of the jurisdiction of its incorporation formation or association. The Depositor and the Administrative Agent, if any, each will obtain and preserve its qualification to do business as a foreign corporation corporation, limited liability company or association in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement, the Certificates or any of the Term Assets Underlying Securities and to perform its respective duties under this Agreement.. (b) The Depositor and an Administrative Agent, if any, may consolidate or merge with or into any other Person, provided that:

Merger or Consolidation of the Depositor or the Administrative Agent. (a) Subject to the following paragraph, the Depositor will keep in full effect its existence, rights and franchises as a corporation under the laws of the jurisdiction of its incorporationformation, and the Administrative Agent, if any, will keep in full effect its existence, rights and franchises under the laws of the jurisdiction of its incorporation or association. The Depositor and the Administrative Agent, if any, each will obtain and preserve its qualification to do business as a foreign corporation or association in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreementthese Standard Terms, the Certificates or any of the Term Assets Underlying Securities and to perform its respective duties under this Agreementthese Standard Terms.

Merger or Consolidation of the Depositor or the Administrative Agent. (a) Subject to the following paragraph, the Depositor will keep in full effect its existence, rights and franchises as a corporation under the laws of the jurisdiction of its incorporation, and the Administrative Agent, if any, will keep in full effect its existence, rights and franchises under the laws of the jurisdiction of its incorporation or association. The Depositor and the Administrative Agent, if any, each will obtain and preserve its qualification to do business as a foreign corporation or association in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement, the Certificates or any of the Term Assets and to perform its respective duties under this Agreement.