Insured Closing Letters. With respect to each Wet-Ink Loan, Seller has obtained a copy of the related Insured Closing Letter or such Wet-Ink Loan is covered by a title insurance policy issued by Amrock.
Insured Closing Letters. With respect to each Wet Loan, Seller has received an insured closing letter from the related Settlement Agent if such Settlement Agent is not a title insurance company.
Insured Closing Letters. The Company shall cause all Loans financed with the proceeds of an Advance to be closed under an insured closing letter issued by a major nationally recognized title company acceptable to the Agent.
Insured Closing Letters. With respect to each Eligible Loan that is a Wet-Ink Mortgage Loan, Seller has received an insured closing letter from the related Settlement Agent.
Insured Closing Letters. 27 ARTICLE VII - Borrower's Negative Covenants...............................27
Insured Closing Letters. At the time of each Request for Advance (and at the time of the closing of the related Loan), Borrower shall have obtained an effective Insured Closing Letter and provide the Lender with evidence of the same from time to time upon request. Borrower agrees to indemnify the Lender in accordance with Section 6:9 for any loss, liability, damage or expense attributable to the failure of the related Closing Agent to comply with the Closing Agent Instructions or any other disbursement or instruction letter or letters of the Borrower, or of the Lender, relating to such Loan. Borrower hereby collaterally assigns to Lender all of its rights, title and interest in, to and under each such Insured Closing Letter, whether now existing or hereafter arising or acquired, relating to or providing coverage for any and all Loans constituting Collateral hereunder, or for the related closing thereof, and each such Insured Closing Letter shall constitute additional Collateral available to the Lender.
