Insurance of the Custodian. The Custodian shall, at its own expense, -------------------------- maintain at all times during the term of this Agreement and keep in full force and effect (a) fidelity insurance, (b) theft of documents insurance, and (c) forgery insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, as are customary for similar insurance typically maintained by banks that act as custodian in similar transactions.
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Samples: Custodial Agreement (Prudential Securities Secured Financing Corp), Custodial Agreement (Prudential Securities Secured Financing Corp)
Insurance of the Custodian. The Custodian shall, at its own expense, -------------------------- maintain at all times during the term of this Agreement and keep in full force and effect (a) fidelity insurance, (b) theft of documents insurance, and (c) forgery insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, as are customary for similar insurance typically maintained by banks that act as custodian in similar transactions.
Appears in 2 contracts
Samples: Custodial Agreement (Emergent Group Inc), Custodial Agreement (Ml Asset Backed Corp)
Insurance of the Custodian. The Custodian shall, at its own expense, -------------------------- maintain at all times during the term of this Agreement and keep in full force and effect (a) fidelity insurance, (b) theft of documents insurance, (c) fire insurance, and (cd) forgery insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, as are customary for similar insurance typically maintained by banks that act as custodian in similar transactions.
Appears in 2 contracts
Samples: Sale and Contribution Agreement (Hilton Grand Vacations Inc.), Custodial and Collateral Agency Agreement (Us Home Systems Inc /Tx)
Insurance of the Custodian. The Custodian shall, at its own expense, -------------------------- maintain at all times during the term of this Agreement and keep in full force and effect (a) fidelity insurance, (b) theft of documents insurance, and (c) forgery insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, as are customary for similar insurance typically maintained by commercial banks that act as custodian in similar transactions.
Appears in 1 contract
Samples: Bay View Capital Corp
Insurance of the Custodian. The Custodian shall, at its own expense, -------------------------- maintain at all times during the term of this Agreement and keep in full force and effect (a) fidelity insurance, (b) theft of documents insurance, and (c) forgery insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, as are customary for similar insurance typically maintained by banks that act as custodian in similar transactions.
Appears in 1 contract
Samples: Credit Agreement (LNR Property Corp)
Insurance of the Custodian. The Custodian shall, at its own expense, -------------------------- maintain at all times during the term of this Agreement and keep in full force and effect (a) fidelity insurance, (b) theft of documents insurance, and (c) forgery insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, as are customary for similar insurance typically maintained by banks Persons that act as custodian in similar transactions.
Appears in 1 contract
Samples: Funding and Servicing Agreement (Arcadia Financial LTD)
Insurance of the Custodian. The Custodian shall, at its own expense, -------------------------- maintain at all times during the term of this Agreement and keep in full force and effect (a) fidelity insurance, insurance and (b) theft of documents insurance, and (c) forgery insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, as are customary for similar insurance typically maintained by commercial banks that act as custodian in similar transactions.
Appears in 1 contract
Samples: Bay View Capital Corp
Insurance of the Custodian. The Custodian shall, at its own expense, -------------------------- maintain at all times during the term of this Agreement and keep in full force and effect (a) fidelity insurance and, as to any successor custodian, errors and omissions insurance, (b) theft of documents insurance, and (c) forgery insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, as are customary for similar insurance typically maintained by banks that act as custodian in similar transactions.
Appears in 1 contract
Insurance of the Custodian. The Custodian shall, at its own expense, -------------------------- maintain at all times during the term of this Agreement and keep in full force and effect (a) fidelity insurance, (b) theft of documents insurance, and (c) forgery insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, as are is customary for similar insurance typically maintained by banks that act as custodian in similar transactions.
Appears in 1 contract
Insurance of the Custodian. The Custodian shall, at its own expense, -------------------------- maintain at all times during the term of this Agreement and keep in full force and effect (a) fidelity insurance, (b) theft of documents insurance, and (c) forgery insurance. All such insurance shall be in such amounts, with standard coverage and subject to deductibles, as are customary for similar insurance typically maintained by banks that act as custodian in similar transactions.
Appears in 1 contract
Insurance of the Custodian. The Custodian shall, at its own expense, -------------------------- maintain at all times during the term of this Agreement and keep in full force and effect (a) fidelity insurance, insurance (b) theft of documents insurance, and (c) forgery insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, as are customary for similar insurance typically maintained by banks that act as custodian in similar transactions.
Appears in 1 contract
Samples: Custodial Agreement (First Investors Financial Services Group Inc)
Insurance of the Custodian. The Custodian shall, at its own expense, -------------------------- maintain at all times during the term of this Custodial Agreement and keep in full force and effect (a) fidelity insurance, insurance and (b) theft of documents insurance, and (c) forgery employee dishonesty insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, as are customary for similar insurance typically maintained by banks that act as custodian custodians in similar transactions. Upon request, the Agent and the Borrowers shall be entitled to receive a certification of the respective insurer that such insurance is in full force and effect.
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