Common use of Claims Upon the Policy; Policy Payments Account Clause in Contracts

Claims Upon the Policy; Policy Payments Account. (a) In the event that an Insured Payment becomes due pursuant to the terms of the Note Insurance Policy, the Indenture Trustee shall submit a Notice (in the form attached to such Note Insurance Policy) in accordance with the terms of such Note Insurance Policy.

Appears in 7 contracts

Samples: Sale and Servicing Agreement (Amresco Residential Securities Corp), Sale and Servicing Agreement (Imc Home Equity Loan Owner Trust 1998-7), Sale and Servicing Agreement (Imc Home Equity Loan Owner Trust 1998-4)

AutoNDA by SimpleDocs

Claims Upon the Policy; Policy Payments Account. (a) In the event that an Insured Payment becomes due pursuant to the terms of the Note a Certificate Insurance Policy, the Indenture Trustee shall submit a Notice (in the form attached to such Note Certificate Insurance Policy) in accordance with the terms of such Note Certificate Insurance Policy.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Imc Home Equity Loan Trust 1997-1), Pooling and Servicing Agreement (DLJ Mortgage Acceptance Corp), Pooling and Servicing Agreement (Chec Asset Receivables Corp)

AutoNDA by SimpleDocs

Claims Upon the Policy; Policy Payments Account. (a) In the event that an Insured Payment becomes due pursuant to the terms of the a Note Insurance Policy, the Indenture Trustee shall submit a Notice (in the form attached to such Note Insurance Policy) in accordance with the terms of such Note Insurance Policy.

Appears in 1 contract

Samples: Indenture (Imc Securities Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.