Covenants of the Manager and the Servicer. (a) The Servicer represents that it is and covenants that is will remain a member of MERS in good standing. The Manager covenants that if it causes the Company to be designated as the “investor” with respect to any MERS Designated Mortgage Loan as provided in Section 3, it shall cause the Company to become a member of MERS in good standing and remain a member of MERS in good standing so long it is designated as the “investor” with respect to such MERS Designated Mortgage Loans. (b) Each of the Manager and the Servicer hereby covenants and agrees with each Rights Holder and each other that, with respect to each MERS Designated Mortgage Loan, it will not identify any party except the Company or the Servicer in the “investor” field and will not identify any party except the Collateral Agent or Initial Member, as applicable in accordance with Section 3, in the “interim funder” field on the MERS® System. (c) The Manager or the Servicer will provide each Rights Holder with MERS Identification Numbers for each MERS Designated Mortgage Loan.
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Sources: Servicing Agreement, Servicing Agreement