Common use of Contingent and Excess Liability Insurance Policies Clause in Contracts

Contingent and Excess Liability Insurance Policies. So long as any Securities are outstanding, the Servicer shall maintain and pay when due all premiums with respect to the Contingent and Excess Liability Insurance Policies unless the termination or other modification of any Contingent and Excess Liability Insurance Policy will not reduce the Servicer’s insurance coverage below the $5 million minimum and the Rating Agency Condition is satisfied with respect to such termination or other modification. The Servicer shall maintain such Contingent and Excess Liability Insurance Policies that provide insurance coverage of at least $5 million per accident and permit multiple claims in any policy period. The obligations set forth in this Section 2.9 shall survive any termination of the Servicer hereunder.

Contingent and Excess Liability Insurance Policies. So long as any Securities are outstanding, the Servicer shall maintain and pay when due all premiums with respect to the Contingent and Excess Liability Insurance Policies unless the termination or other modification of any Contingent and Excess Liability Insurance Policy will not reduce the Servicer’s insurance coverage below the $5 million minimum and the Rating Agency Condition is satisfied with respect to such termination or other modification. The Servicer shall maintain such Contingent and Excess Liability Insurance Policies that collectively provide insurance coverage at a minimum of at least $5 million per accident and permit multiple claims in any policy period. The obligations set forth in this Section 2.9 shall survive any termination of the Servicer hereunder.

Contingent and Excess Liability Insurance Policies. So long as any Securities are outstanding, the Servicer shall maintain and pay when due all premiums with respect to the Contingent and Excess Liability Insurance Policies unless the termination or other modification of any Contingent and Excess Liability Insurance Policy will not reduce the Servicer’s insurance coverage below the $5 10 million minimum and the Rating Agency Condition is satisfied with respect to such termination or other modification. The Servicer shall maintain such Contingent and Excess Liability Insurance Policies that provide insurance coverage of at least $5 10 million per accident and permit multiple claims in any policy period. The obligations set forth in this Section 2.9 shall survive any termination of the Servicer hereunder.

Contingent and Excess Liability Insurance Policies. So long as any Securities are outstanding, the Servicer shall maintain and pay when due all premiums with respect to the Contingent and Excess Liability Insurance Policies unless the termination or other modification of any Contingent and Excess Liability Insurance Policy will not reduce the Servicer’s insurance coverage below the $5 [5] million minimum and the Rating Agency Condition is satisfied with respect to such termination or other modification. The Servicer shall maintain such Contingent and Excess Liability Insurance Policies that provide insurance coverage of at least $5 million per accident and permit multiple claims in any policy period. The obligations set forth in this Section 2.9 shall survive any termination of the Servicer hereunder.

Contingent and Excess Liability Insurance Policies. So long as any Securities are outstanding, the Servicer shall maintain and pay when due all premiums with respect to the Contingent and Excess Liability Insurance Policies unless the termination or other modification of any Contingent and Excess Liability Insurance Policy will not reduce the Servicer’s insurance coverage below the $5 [5] million minimum and the Rating Agency Condition is satisfied with respect to such termination or other modification. The Servicer shall maintain such Contingent and Excess Liability Insurance Policies that collectively provide insurance coverage at a minimum of at least $5 [5] million per accident and permit multiple claims in any policy period. The obligations set forth in this Section 2.9 shall survive any termination of the Servicer hereunder.