Liens for Unpaid Taxes. We are required by Insurance Law to deduct the claim of any tax district from the amount we pay you for a loss by fire. To the extent we pay any tax district the amount certified as your unpaid taxes, we are no longer obligated to pay this amount to you. Our payment of such claim to the tax district within 30 days of the receipt of a certificate of lien shall be considered by you and us that such claim was valid and properly paid. WHAT YOU MUST DO IN CASE OF LOSS
Appears in 7 contracts
Liens for Unpaid Taxes. We are required by the Insurance Law to deduct the claim of any tax district from the amount we pay you for a loss by fire. To the extent we pay any tax district the amount certified as your unpaid taxes, we are no longer obligated to pay this amount to you. Our payment of such claim to the tax district within 30 days of the receipt of a certificate of lien shall be considered by you and us that such claim was valid and properly paid. WHAT YOU MUST DO IN CASE OF LOSS.
Appears in 4 contracts
Liens for Unpaid Taxes. We are required by the Insurance Law to deduct the claim of any tax district from the amount we pay you for a loss by fire. To the extent we pay any tax district the amount certified as your unpaid taxes, we are no longer obligated to pay this amount to you. Our payment of such claim to the tax district within 30 days of the receipt of a certificate of lien shall be considered con- sidered by you and us that such claim was valid and properly paid. This does not apply to a loss by fire to a one or two family residential structure. WHAT YOU MUST DO IN CASE OF LOSS
Appears in 2 contracts
Samples: Provisions Agreement, Provisions Agreement
Liens for Unpaid Taxes. We are required by the Insurance Law to deduct the claim of any tax district from the amount we pay you for a loss by fire. To the extent we pay any tax district the amount certified as your unpaid taxes, we are no longer obligated to pay this amount to you. Our payment of such claim to the tax district within 30 days of the receipt of a certificate of lien shall be considered con- sidered by you and us that such claim was valid and properly paid. This does not apply to a loss by fire. WHAT YOU MUST DO IN CASE OF LOSS
Appears in 1 contract
Samples: Ownership Agreement
Liens for Unpaid Taxes. We are required by the Insurance Law to deduct the claim of any tax district from the amount we pay you for a loss by fire. To the extent we pay any tax district the amount certified as your unpaid taxes, we are no longer obligated to pay this amount to you. Our payment of such claim to the tax district within 30 days of the receipt of a the certificate of lien shall be considered by you and us that such claim was valid and properly paid. This does not apply to a one or two family residential structure. WHAT YOU MUST DO IN CASE OF LOSSLOSS OR CLAIM
Appears in 1 contract
Samples: Agreement
