Common use of Flood Certification Contract Clause in Contracts

Flood Certification Contract. The Company has obtained a life of loan, transferable flood certification contract with an Approved Flood Policy Insurer acceptable to Purchaser in its sole discretion for each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Purchaser;

Appears in 66 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc., Series 2005-5), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-6)

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Flood Certification Contract. The Company has obtained a life of loan, transferable flood certification contract with an a Approved Flood Policy Insurer acceptable to Purchaser in its sole discretion Certification Provider for each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Purchaser;

Appears in 42 contracts

Samples: Servicing Agreement (Structured Asset Securities Corp Trust 2005-6), Flow Seller’s Warranties and Servicing Agreement (Lehman XS Trust Series 2006-4n), Flow Seller’s Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2007-2)

Flood Certification Contract. The Company has obtained a life of loan, transferable flood certification contract with an Approved Flood Policy Insurer acceptable to Purchaser in its sole discretion for each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Purchaser. Such Tax Service Contract shall contain complete and accurate information with respect to the Mortgage Loan and the Mortgaged Property;

Appears in 29 contracts

Samples: Servicing Agreement (Lehman Mortgage Trust 2007-4), Seller’s Warranties and Servicing Agreement (Lehman XS Trust Series 2006-14n), Seller’s Warranties and Servicing Agreement (Lehman XS Trust Series 2006-16n)

Flood Certification Contract. The Company Seller has obtained a life of loan, transferable flood certification contract with an Approved Flood Policy Insurer acceptable to Purchaser in its sole discretion for each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Purchaser;

Appears in 15 contracts

Samples: Servicing Agreement (Lehman Mortgage Trust 2007-10), Servicing Agreement (LXS 2007-3), Flow Mortgage Loan Purchase, Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2007-5)

Flood Certification Contract. The Company has obtained a life of loan, transferable flood certification contract with an Approved Flood Policy Insurer acceptable to Purchaser in its sole discretion for each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Purchaser;

Appears in 6 contracts

Samples: Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax), Master Seller’s Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax), Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2007-14ar)

Flood Certification Contract. The Except with respect to the Mortgage Loans for which Purchaser will obtain a flood certification contract pursuant to Section 12.05, the Company has obtained a life of loan, transferable flood certification contract with an Approved Flood Policy Insurer acceptable to Purchaser in its sole discretion for each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Purchaser or the Purchaser’s designee without cost;

Appears in 4 contracts

Samples: Mortgage Loan Purchase Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2006-Bc5), Flow Mortgage Loan Purchase, Warranties and Servicing Agreement (Sasco 2006-Bc4), Flow Mortgage Loan Purchase, Warranties and Servicing Agreement (Sasco 2006-Bc3)

Flood Certification Contract. The Company has obtained a life of loan, transferable flood certification contract with an Approved Flood Policy Insurer acceptable to Purchaser in its sole discretion for each Mortgage Loan and such contract is assignable without penalty, premium or cost to the PurchaserOwner;

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-Oar3), Sale and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-Oar4)

Flood Certification Contract. The Company has obtained a life of loan, transferable flood certification contract with an Approved Flood Policy Insurer acceptable to Purchaser in its sole discretion for each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Purchaser;

Appears in 2 contracts

Samples: Servicing Agreement (Lehman Mortgage Trust 2007-5), Flow Mortgage Loan Purchase, Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2005-23)

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Flood Certification Contract. The If applicable, the Company has obtained a life of loan, transferable flood certification contract with an Approved Flood Policy Insurer acceptable to Purchaser in its sole discretion for each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Purchaser;

Appears in 1 contract

Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 03 4)

Flood Certification Contract. The Company related Seller has obtained a life of loan, transferable flood certification contract for each Mortgage Loan with an Approved Flood Policy Insurer acceptable to Purchaser in its sole discretion for each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Purchaser or the Purchaser's designee without cost;

Appears in 1 contract

Samples: Mortgage Loan Flow Purchase and Warranties Agreement (Structured Asset Sec Corp Mort Pas THR Cert Ser 2002 4h)

Flood Certification Contract. The Company has obtained a life of loan, transferable flood certification contract with an Approved Flood Policy Insurer acceptable to Purchaser in its sole discretion for each Mortgage Loan and such Loan. In the event that, upon the occurrence of an Event of Default, the Purchaser assigns the flood certification contract is assignable without with respect to any Mortgage Loan, the Company shall pay any penalty, premium or cost with respect to the Purchaser;such assignment.

Appears in 1 contract

Samples: Seller's Warranties and Servicing Agreement (Structured Asset Securities Corp Mort Pas-THR Cert Ser 2002-)

Flood Certification Contract. The Company Guarantor has obtained a life of loan, transferable flood certification contract with an Approved Flood Policy Insurer acceptable to Purchaser in its sole discretion for each Underlying Mortgage Loan and such contract is assignable without penalty, premium or cost to the PurchaserBuyer;

Appears in 1 contract

Samples: Master Repurchase Agreement (UWM Holdings Corp)

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