EFFECTIVE DATE; TERM OF AGREEMENT. This Agreement shall take effect on the date on which the Policy is issued and shall remain in effect until such time as the Insurer is no longer subject to a claim under the Policy and all amounts payable by the Seller or the Depositor hereunder or under the Trust Agreement and under the Certificates have been paid in full; provided, however, that the provisions of Sections 3.05 and 3.06 shall survive any termination of this Agreement.
Appears in 9 contracts
Samples: Insurance Agreement (Structured Asset Securities Corp Mo Pa Th Ce Ser 2003-25xs), Insurance Agreement (Amortizing Residential Collateral Trust, Series 2004-1), Insurance Agreement (Structured Asset Sec Corp Mort Pas THR Certs Ser 2003 Bc10)
EFFECTIVE DATE; TERM OF AGREEMENT. This Agreement shall take effect on the date on which the Policy is issued and shall remain in effect until such time as the Insurer is no longer subject to a claim under the Policy and all amounts payable by the Seller Seller, the Master Servicer or the Depositor hereunder or under the Trust Agreement PSA and under the Certificates have been paid in full; provided, however, that the provisions of Sections 3.05 and 3.06 shall survive any termination of this Agreement.
Appears in 2 contracts
Samples: Insurance Agreement (Morgan Stanley Mortgage Loan Trust 2006-17xs), Insurance Agreement (Morgan Stanley Mortgage Loan Trust 2006-15xs)
EFFECTIVE DATE; TERM OF AGREEMENT. This Agreement shall take effect on the date on which the Policy is issued and shall remain in effect until such time as the Insurer is no longer subject to a claim under the Policy and all amounts payable by the Seller Seller, the Master Servicer or the Depositor hereunder or under the Trust Agreement and under the Certificates have been paid in full; provided, however, that the provisions of Sections 3.05 and 3.06 shall survive any termination of this Agreement.
Appears in 1 contract
Samples: Insurance Agreement (Structured Asset Sec Corp Mort Pas THR Cert Ser 1999-Bc1)
EFFECTIVE DATE; TERM OF AGREEMENT. This Agreement shall take effect on the date on which the Policy is issued and shall remain in effect until such time as the Insurer is no longer subject to a claim under the Policy and all amounts payable by the either Seller or the Depositor hereunder or under the Trust Agreement and under the Certificates have been paid in full; provided, however, that the provisions of Sections 3.05 and 3.06 shall survive any termination of this Agreement.
Appears in 1 contract
Samples: Insurance Agreement (Structured Asset Sec Corp Mmort Pass THR Cert Ser 2001-13)
