Common use of Insurance Prepayment Clause in Contracts

Insurance Prepayment. Any insurance refund or credits of any kind shall be the sole responsibility of the Seller in the event of the prepayment of any Loan, cancellation of insurance or any other event requiring the refunding or crediting of unearned insurance premiums. Upon the Buyer's demand, Seller shall pay Buyer, from Seller's own funds, any required insurance premium rebate resulting from the prepayment, cancellation, refinancing or other termination of any Loan. Upon such payment, Buyer shall assign in writing any rights it had to require that the insurer reimburse Buyer for any rebate made to Borrower.

Insurance Prepayment. Any insurance Insurance refund or credits of any kind whatsoever shall be the sole responsibility of the Seller in the event of the prepayment of any Loan, cancellation of insurance or any other event requiring the refunding or crediting of unearned insurance premiums. Upon the Buyer's demand, Seller shall pay to the Buyer, from the Seller's own funds, any required insurance premium rebate resulting from the prepayment, cancellation, refinancing or other termination of any Mortgage Loan. Upon such payment, Buyer shall assign in writing any rights it had to require that the insurer reimburse Buyer for any rebate made to Borrower.

Insurance Prepayment. Any insurance Insurance refund or credits of any kind whatsoever shall be the sole responsibility of the Seller in the event of the prepayment of any Mortgage Loan, cancellation of insurance or any other event requiring the refunding or crediting of unearned insurance premiums. Upon the Buyer's demand, Seller shall pay to Buyer, from the Seller's own funds, any required insurance premium rebate resulting from the prepayment, cancellation, refinancing or other termination of any Mortgage Loan. Upon any such payment, Buyer shall assign in writing Seller any rights it had to require that of Buyer against the insurer reimburse Buyer for any rebate made to BorrowerMortgagor.

Insurance Prepayment. Any insurance Insurance refund or credits of any kind -------------------- whatsoever shall be the sole responsibility of the Seller in the event of the prepayment of any Loan, cancellation of insurance or any other event requiring the refunding or crediting of unearned insurance premiums. Upon the Buyer's demand, Seller shall pay to the Buyer, from the Seller's own funds, any required insurance premium rebate resulting from the prepayment, cancellation, refinancing or other termination of any Mortgage Loan. Upon such payment, Buyer shall assign in writing any rights it had to require that the insurer reimburse Buyer for any rebate made to Borrower.