Common use of Buildings Insurance Clause in Contracts

Buildings Insurance. 5.1 Insurance cover for each Property is or will at all relevant times be available under: (a) a policy arranged by the Borrower in accordance with the relevant Mortgage Conditions or in accordance with the Alternative Insurance Requirements; or (b) an Abbey Buildings Policy or a policy introduced to the Borrower by the Seller; or (c) a policy arranged by the relevant landlord; or (d) the Properties in Possession Policy. 5.2 No act, event or circumstance has occurred which would adversely affect the Properties in Possession Policy or entitle the insurers to refuse to make payment thereunder or to reduce the amount payable in respect of any claim thereunder. 5.3 All claims under the Properties in Possession Policy have been paid in full within a reasonable time of the date of submission of the claim and, save in respect of minor claims, there are no claims outstanding.

Buildings Insurance. 5.1 Insurance cover for each Property is or will at all relevant times be available under: (a) a policy arranged by the Borrower in accordance with the relevant Mortgage Conditions or in accordance with the Alternative Insurance RequirementsRecommendations; or (b) an Abbey Buildings Policy National Plc Policies or a policy introduced to the Borrower by the Seller; or (c) a policy arranged by the relevant landlord; or (d) the Properties in Possession Policy. 5.2 No act, event or circumstance has occurred which would adversely affect the Properties in Possession Policy or entitle the insurers to refuse to make payment thereunder or to reduce the amount payable in respect of any claim thereunder. 5.3 All claims under the Properties in Possession Policy have been paid in full within a reasonable time of the date of submission of the claim and, save in respect of minor claims, there are no claims outstanding.

Buildings Insurance. 5.1 Insurance cover for each Property is or will at all relevant times be available under: (a) a policy arranged by the Borrower in accordance with the relevant Mortgage Conditions or in accordance with the Alternative Insurance RequirementsRecommendations; or (b) an Abbey Buildings Policy National Plc Policies or a policy introduced to the Borrower by the SellerAbbey National; or (c) a policy arranged by the relevant landlord; or (d) the Properties in Possession Policy. 5.2 No act, event or circumstance has occurred which would adversely affect the Properties in Possession Policy or entitle the insurers to refuse to make payment thereunder or to reduce the amount payable in respect of any claim thereunder. 5.3 All claims under the Properties in Possession Policy have been paid in full within a reasonable time of the date of submission of the claim and, save in respect of minor claims, there are no claims outstanding.

Buildings Insurance. 5.1 Insurance cover for each Property is or will at all relevant times be available under: (a) a policy arranged by the Borrower in accordance with the relevant Mortgage Conditions or in accordance with the Alternative Insurance RequirementsRecommendations; or (b) an Abbey Buildings Policy Santander UK plc Policies or a policy introduced to the Borrower by the Seller; or (c) a policy arranged by the relevant landlord; or (d) the Properties in Possession Policy. 5.2 No act, event or circumstance has occurred which would adversely affect the Properties in Possession Policy or entitle the insurers to refuse to make payment thereunder or to reduce the amount payable in respect of any claim thereunder. 5.3 All claims under the Properties in Possession Policy have been paid in full within a reasonable time of the date of submission of the claim and, save in respect of minor claims, there are no claims outstanding.

Buildings Insurance. 5.1 Insurance cover for each Property is or will at all relevant times be available under: (a) a policy arranged by the Borrower in accordance with the relevant Mortgage Conditions or in accordance with the Alternative Insurance RequirementsRecommendations; or (b) an Abbey Buildings Policy National Plc Policies or a policy introduced to the Borrower by the SellerAbbey; or (c) a policy arranged by the relevant landlord; or (d) the Properties in Possession Policy. 5.2 No act, event or circumstance has occurred which would adversely affect the Properties in Possession Policy or entitle the insurers to refuse to make payment thereunder or to reduce the amount payable in respect of any claim thereunder. 5.3 All claims under the Properties in Possession Policy have been paid in full within a reasonable time of the date of submission of the claim and, save in respect of minor claims, there are no claims outstanding.