Common use of Resignation of the Master Servicer Clause in Contracts

Resignation of the Master Servicer. The Master Servicer shall not resign from the duties and obligations imposed hereunder, except in connection with a resignation of its duties under the Pooling and Servicing Agreement that is effected pursuant to and in accordance with the Pooling and Servicing Agreement. In the case of any such resignation, the resigning Master Servicer shall cause the proposed successor Master Servicer to agree, in writing, to be bound by all of the duties and obligations of the Master Servicer under the terms of this Agreement, without modification, except for modifications which do not adversely affect the rights of the Primary Servicer hereunder.

Resignation of the Master Servicer. The Master Servicer shall not resign from the duties and obligations imposed hereunder, except in connection with a resignation of its duties hereunder or under the Pooling and Servicing Agreement that is effected pursuant to and in accordance with Agreement, unless the requirements of the Pooling and Servicing Agreement. In the case of any such resignation, the resigning Master Servicer shall cause Agreement are satisfied and the proposed successor Master Servicer to agreeagrees, in writing, to be bound by all of the duties and obligations of the Master Servicer under the terms of this Agreement, without modification, except for modifications which do not adversely affect the rights of the Primary Servicer hereunder.