Common use of Disclaimer by Insurer Clause in Contracts

Disclaimer by Insurer. The Insurer may disclaim any of its rights and powers under this Agreement (but not its duties and obligations under the Policies) upon delivery of a written notice to the Owner Trustee and the Indenture Trustee.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Ml Asset Backed Corp), Sale and Servicing Agreement (Ml Asset Backed Corp), Sale and Servicing (Nationsfinancial Funding Corp)

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Disclaimer by Insurer. The Insurer may disclaim any of --------------------- its rights and powers under this Agreement (but not its duties and obligations under the Policies) upon delivery of a written notice to the Owner Trustee and the Indenture Trustee.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Prudential Securities Secured Financing Corp)

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Disclaimer by Insurer. The Insurer may disclaim any of its --------------------- rights and powers under this Agreement (but not its duties and obligations under the Policies) upon delivery of a written notice to the Owner Trustee and the Indenture Trustee.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Prudential Securities Secured Financing Corp)

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