Common use of Preservation of Corporate Existence Clause in Contracts

Preservation of Corporate Existence. The Originator (i) will preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation (other than any change in corporate status by reason of a merger or consolidation permitted by Section 7.3(c)) and (ii) will qualify and remain qualified in good standing as a foreign corporation in each jurisdiction in which the failure to preserve and maintain such qualification as a foreign corporation could reasonably be expected to have a Material Adverse Effect.

Preservation of Corporate Existence. The Such Originator (i) will shall preserve and maintain its corporate existenceexistence as a corporation, partnership or limited liability company, as applicable, and all rights, franchises and privileges in the jurisdiction of its incorporation (other than any change in corporate status by reason of a merger or consolidation permitted by Section 7.3(c)) organization, and (ii) will qualify and remain qualified in good standing as a foreign corporation corporation, partnership or limited liability company, as applicable, in each jurisdiction in which where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification as a foreign corporation could be reasonably be expected to have a Material Adverse EffectEffect with respect to such Originator.

Preservation of Corporate Existence. The Originator (i) will preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation (other than any change in corporate status by reason of a merger or consolidation permitted by Section 7.3(c)) incorporation, and (ii) will qualify and remain qualified in good standing as a foreign corporation in each jurisdiction in which where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification as a foreign corporation has had, or could reasonably be expected to have have, a Material Adverse Effectmaterial adverse effect on the business operations, assets or financial condition of the Originator or on the validity or enforceability of this Agreement, or the performance by the Originator of its duties hereunder.

Preservation of Corporate Existence. The Each Originator (i) will preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation (other than any change in corporate status by reason of a merger or consolidation permitted by Section 7.3(c)) formation, and (ii) will qualify and remain qualified in good standing as a foreign corporation in each jurisdiction in which where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification as a foreign corporation could reasonably be expected to have a Seller Material Adverse Effect.

Preservation of Corporate Existence. The Originator (i) will shall preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation (other than any change in corporate status by reason of a merger or consolidation permitted by Section 7.3(c)) incorporation, and (ii) will qualify and remain qualified in good standing as a foreign corporation in each jurisdiction in which where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification as a foreign corporation could reasonably be expected would materially adversely affect (i) the interests of the Buyer hereunder or (ii) the ability of Originator to have a Material Adverse Effectperform its obligations under the Transaction Documents.

Preservation of Corporate Existence. The Originator (i) will shall preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation (other than any change in corporate status by reason of a merger or consolidation permitted by Section 7.3(c)) incorporation, and (ii) will qualify and remain qualified in good standing as a foreign corporation in each jurisdiction in which where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification as a foreign corporation could reasonably be expected would materially adversely affect (i) the interests of the Buyer hereunder or (ii) the ability of the Originator or the Servicer to have a Material Adverse Effectperform their respective obligations under the Facility Documents or under the Servicing Agreement.

Preservation of Corporate Existence. The Originator (i) will shall preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation (other than any change in corporate status by reason of a merger or consolidation permitted by Section 7.3(c)) incorporation, and (ii) will qualify and remain qualified in good standing as a foreign corporation in each jurisdiction in which where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification as a foreign corporation could reasonably be expected would materially adversely affect (i) the interests of the Buyer hereunder or (ii) the ability of the Originator to have a Material Adverse Effectperform its obligations under the Purchase Documents.

Preservation of Corporate Existence. The Such Originator (i) will shall preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation (other than any change in corporate status by reason of a merger or consolidation permitted by Section 7.3(c)) incorporation, and (ii) will qualify and remain qualified in good standing as a foreign corporation in each jurisdiction in which where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification as a foreign corporation could reasonably be expected to have a Material Adverse Effectmaterially adversely affect (i) the interests of the Buyer hereunder or (ii) the ability of such Originator to perform its obligations under the Transaction Documents.

Preservation of Corporate Existence. The Except as permitted by Section 4.2(f), such Originator (i) will shall preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation (other than any change in corporate status by reason of a merger or consolidation permitted by Section 7.3(c)) incorporation, and (ii) will qualify and remain qualified in good standing as a foreign corporation in each jurisdiction in which where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification as a foreign corporation could reasonably be expected would materially adversely affect (i) the interests of the Buyer hereunder or (ii) the ability of such Originator to have a Material Adverse Effectperform its obligations under the Transaction Documents.