Common use of Claims Under Insurance Policy Clause in Contracts

Claims Under Insurance Policy. The Notes will be insured by the Insurance Policy pursuant to the terms set forth therein, notwithstanding any provisions to the contrary contained in this Indenture or the Sale and Servicing Agreement. All amounts received under the Insurance Policy shall be used solely for the payment to Noteholders of principal of and interest on the Notes.

Claims Under Insurance Policy. The Notes will be insured by the ----------------------------- Insurance Policy pursuant to the terms set forth therein, notwithstanding any provisions to the contrary contained in this Indenture or the Sale and Servicing Agreement. All amounts received under the Insurance Policy shall be used solely for the payment to Noteholders of principal of and interest on the Notes.

Claims Under Insurance Policy. The Notes will be insured by the Insurance Policy pursuant to the terms set forth therein, notwithstanding any provisions to the contrary contained in this Indenture or the Sale and Servicing Agreement. All amounts received under the Insurance Policy shall be used solely for the payment to Noteholders of principal of and interest on the Notes.