Claims Under Note Insurance Policy. The Notes will be insured by the Note 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 Note Insurance Policy shall be used solely for the payment to Owners of Insured Payments.
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Samples: Indenture (Imc Securities Inc), Indenture (Imc Home Equity Loan Owner Trust 1997-8), First Alliance Mortgage Co /De/
Claims Under Note Insurance Policy. The Notes will be insured by the Note 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 Note Insurance Policy shall be used solely for the payment to Owners of Insured Payments; provided, however that the Note Insurance Policy does not insure the payment of the Available Funds Cap Carry Forward Amount.
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Samples: Indenture (Imc Home Equity Loan Owner Trust 1998-4), Amresco Residential Securities Corp, Bear Stearns Asset Backed Securities Inc
Claims Under Note Insurance Policy. The Notes will be insured by the Note 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 Note Insurance Policy shall be used solely for the payment to Owners Noteholders of principal and interest on the Insured PaymentsNotes.
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Samples: Indenture (Ace Securities Corp Home Loan Trust 1999 a Asset Backed Note)
Claims Under Note Insurance Policy. The Notes will be insured by the Note 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. The Note Insurance Policy also insures the notes issued under the Series 1998-7B Indenture. All amounts received under the Note Insurance Policy in respect of the Notes shall be used solely for the payment to Owners of Insured Payments.
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Samples: Indenture (Imc Home Equity Loan Owner Trust 1998-7)
Claims Under Note Insurance Policy. The Notes will be insured by the Note Insurance Policy pursuant to the terms set forth therein, notwithstanding any provisions to the contrary contained in this Indenture or the Sale and Servicing Collection Agreement. All amounts received under the Note Insurance Policy shall be used solely for the payment to Owners Noteholders of principal and interest on the Insured PaymentsNotes.]
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Claims Under Note Insurance Policy. The Notes will be insured by the Note 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 Note Insurance Policy shall be used solely for the payment to Owners of Insured Payments; provided, however that the Note Insurance Policy does not insure the payment of the Available Funds Cap Carry-Forward Amount.
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Claims Under Note Insurance Policy. The Notes will be insured by the Note 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. The Note Insurance Policy also insures the notes issued under the Series 1998-7A Indenture. All amounts received under the Note Insurance Policy in respect of the Notes shall be used solely for the payment to Owners of Insured Payments.
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