Common use of E & O Policy Maintenance Clause in Contracts

E & O Policy Maintenance. The Servicer shall maintain in effect the Errors and Omissions Policy at all times and the Errors and Omissions Policy may not be canceled, permitted to lapse or otherwise terminated without the acquisition of comparable coverage by the Servicer.

Appears in 71 contracts

Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar8 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar8 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-7 Trust)

AutoNDA by SimpleDocs

E & O Policy Maintenance. The Servicer shall maintain in effect the Errors and Omissions Policy at all times and the Errors and Omissions Policy may not be canceled, permitted to lapse or otherwise terminated without the acquisition of comparable coverage by the Servicer. 4.2.4.

Appears in 2 contracts

Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-3 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-4 Trust.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!