THE DEPOSITOR AND THE SERVICER. Section 7.01 Respective Liabilities of the Depositor and the Servicer...
Section 7.02 Merger or Consolidation of the Depositor or the Servicer...
Section 7.03 Limitation on Liability of the Depositor, the Servicer and Others.................................................. Section 7.04 Depositor and Servicer Not to Resign.........................
THE DEPOSITOR AND THE SERVICER. 122 SECTION 6.01. Respective Liabilities of the Depositor and the Servicer............................................... 122 SECTION 6.02. Merger or Consolidation of the Depositor or the Servicer...............................................
THE DEPOSITOR AND THE SERVICER. Section 7.01 Respective Liabilities of the Depositor and the Servicer.......
THE DEPOSITOR AND THE SERVICER. 137 Section 6.01 Respective Liabilities of the Depositor and the Servicers............................................... 137 Section 6.02 Merger or Consolidation of the Depositor or the Servicers............................................... 137 Section 6.03 Limitation on Liability of the Depositor, the Servicers and Others.............................................. 138 Section 6.04 Limitation on Resignation of the Servicers.............. 139 Section 6.05 Additional Indemnification by the Servicers; Third Party Claims............................................
THE DEPOSITOR AND THE SERVICER. SECTION 6.01 Liability of the Depositor and the Servicer.
THE DEPOSITOR AND THE SERVICER. Section 6.01 Respective Liabilities of the Depositor and the Servicer.
Section 6.02 Merger or Consolidation of the Depositor or the Servicer.
Section 6.03 Limitation on Liability of the Depositor, the Seller, the Servicer, and Others.
Section 6.04 Limitation on Resignation of the Servicer.
THE DEPOSITOR AND THE SERVICER. Section 8.01.
THE DEPOSITOR AND THE SERVICER. SECTION 6.01. Liability of the Depositor, the Seller and the Servicer. The Depositor, the Seller and the Servicer shall each be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement and undertaken hereunder by the Depositor, the Seller and the Servicer herein.
SECTION 6.02. Merger or Consolidation of the Depositor, the Seller or the Servicer. Subject to the following paragraph, the Depositor and the Seller will keep in full effect its existence, rights and franchises as a corporation under the laws of the jurisdiction of its incorporation. Subject to the following paragraph, the Servicer will keep in full effect its existence, rights and franchises as a state chartered bank under the laws of the State of Ohio and its qualification as an approved conventional seller/servicer for Xxxxxx Xxx or servicer for Xxxxxxx Mac in good standing. The Depositor, the Seller and the Servicer each will obtain and preserve its qualification to do business as a foreign corporation 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 Mortgage Loans and to perform its respective duties under this Agreement. The Depositor, the Seller or the 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 Depositor, the Seller or the Servicer shall be a party, or any Person succeeding to the business of the Depositor, the Seller or the Servicer, shall be the successor of the Depositor, the Seller or the 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 hereto, anything herein to the contrary notwithstanding; provided, however, that the successor or surviving Person to the Servicer shall be a servicer of Mortgage Loans on behalf of Xxxxxx Xxx or Xxxxxxx Mac; and provided further that the Rating Agencies’ ratings of the Certificates in effect immediately prior to such merger or consolidation will not be qualified, reduced or withdrawn as a result thereof (as evidenced by a letter to such effect from the Rating Agencies).
SECTION 6.03. Limitation on Liability of the Depositor, the Seller, the Servicer and Others. None of the Depositor, the Seller, the Servicer or any of the directors, of...
THE DEPOSITOR AND THE SERVICER. Section 6.01 Respective Liabilities of the Depositor and the Servicer
Section 6.02 Merger or Consolidation of the Depositor or the Servicer
Section 6.03 Limitation on Liability of the Depositor, the Servicer and Others Section 6.04 Limitation on Resignation of the Servicer Section 6.05 Additional Indemnification by the Servicer; Third Party Claims
THE DEPOSITOR AND THE SERVICER. 115 SECTION 6.01. Respective Liabilities of the Depositor and the Servicer.... 115 SECTION 6.02. Merger or Consolidation of the Depositor or the Servicer.... 116 SECTION 6.03. Limitation on Liability of the Depositor, the Servicer and Others...................................................... 116 SECTION 6.04. Limitation on Resignation of Servicer....................... 117 SECTION 6.05. Errors and Omissions Insurance; Fidelity Bonds.............. 118
