MERS Membership. Seller is a member in good standing under the MERS system.
MERS Membership. Purchaser is a member in good standing of the MERS system.
MERS Membership. If Servicer’s membership in MERS is terminated by MERS for any reason, Servicer shall, within thirty (30) days of the effective date of such termination and with the Owners’ consent, deliver to the recording office Assignments of Mortgage from MERS to the applicable Owner or its designee at Servicer’s cost and expense, without reimbursement therefor. In connection with the assignment of any Mortgage Loan for which MERS is designated as the mortgagee of record, the Servicer agrees that it will cause, at the Seller’s expense, the MERS mortgage electronic registry system (as more particularly described in the MERS Procedures Manual) (the “MERS System”) to indicate that such Mortgage Loans have been assigned to the related Owner by including in such computer files the information required by the MERS System to identify such Owner as “investor” under the MERS System.
MERS Membership. As of the Effective Date, AHMH is a MERS Member, the Borrowers are authorized users of the MERS System pursuant to the membership of AHMH, and AHMH and the Borrowers are in compliance with all terms and conditions of membership in MERS.
MERS Membership. MorEquity is an approved member in good standing of the MERS System.
MERS Membership. (i) Seller will remain a member of MERS in good standing.
(ii) If for any reason Seller ceases to be a member of MERS, Seller will deliver to Administrative Agent or its designee an Assignment in Blank for each Purchased Mortgage Loan then subject to Transactions within five (5) Business Days following such termination of Seller’s MERS membership.
MERS Membership. Purchaser is a member in good standing of the MERS system. ARTICLE VII COVENANTS Purchaser and Seller covenant and agree as follows:
