Common use of Change of Insured of this Policy Clause in Contracts

Change of Insured of this Policy. Change of Insured of this Policy shall only be allowed if advance written approval is obtained from the Company (which approval shall be in the sole and absolute discretion of the Company). If the Company approves the change of Insured, the Company shall, thereafter, change its records to identify the new Insured for this Policy.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-He3), Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2006-3), Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2006-3)

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Change of Insured of this Policy. Change of Insured of this Policy Policy, other than as a result of merger or assignment to an affiliate of the Insured, shall only be allowed if advance written approval is obtained from the Company (which approval shall be in the sole and absolute discretion of the Company). If the Company approves the change of Insured, the Company shall, thereafter, change its records to identify the new Insured for this Policy.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Chase Funding Loan Acquisition Trust, Series 2004-Aq1)

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