Common use of Common Area CGL Insurance Requirement Clause in Contracts

Common Area CGL Insurance Requirement. The Servicer must ensure that the Owners' Association maintains a Comprehensive General Liability Insurance policy covering all of the common areas, common elements, commercial spaces and public ways in the Condominium Project or PUD in which a Mortgaged Property is located.

Appears in 75 contracts

Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-7 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-4 Trust.), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-13 Trust)

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Common Area CGL Insurance Requirement. The Servicer must ensure that the Owners' Association maintains a Comprehensive General Liability Insurance policy covering all of the common areas, common elements, commercial spaces and public ways in the Condominium Project or PUD in which a Mortgaged Property is located.

Appears in 1 contract

Samples: Servicing Agreement (Wells Fargo Asset Securities Corp)

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Common Area CGL Insurance Requirement. The Servicer must ensure that the Owners' Association maintains a Comprehensive General Liability Insurance policy covering all of the common areas, common elements, commercial spaces and public ways in the Condominium Project or PUD in which a Mortgaged Property is located. 16.4.2.

Appears in 1 contract

Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-6 Trust)

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