Common use of Merger or Consolidation of the Supplemental Servicer Clause in Contracts

Merger or Consolidation of the Supplemental Servicer. The Supplemental Servicer may be merged or consolidated with or into any Person, or transfer all or substantially all of its assets to any Person, in which case any Person resulting from any merger or consolidation to which the Supplemental Servicer shall be a party, or any Person succeeding to the business of the Supplemental Servicer, shall be the successor of the Supplemental 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 hereof, anything herein to the contrary notwithstanding.

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (Contimortgage Home Equity Trust 1999-2), Pooling and Servicing Agreement (Contisecurities Asset Funding Corp), Pooling and Servicing Agreement (Contisecurities Asset Funding Corp)

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