Discharge of Obligation. Payment by the Company of the amount of Loss required to be paid in accordance with this Policy will be full and final discharge of its obligation with respect to such Loss under this Policy.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (FFMLT Trust 2005-Ffa), Second Mortgage Pool Insurance Policy (Structured Asset Sec Corp Mort Pass THR Certs Ser 2004-Ffa), Second Mortgage Pool Insurance Policy (First Franklin Mortgage Loan Trust 2003-FFB)
Discharge of Obligation. Payment by the Company of the amount of Loss required to be paid in accordance with this Policy will be a full and final discharge of its obligation with respect to such Loss under this Policy.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2006-3), Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2006-3)
