Common use of Non-Approved Servicer Clause in Contracts

Non-Approved Servicer. Any Claim occurring when, at time of Default or thereafter, the Servicer is not approved in writing by the Company.

Non-Approved Servicer. Any Claim occurring whenwhen the Servicer, at time of Default or thereafter, the Servicer is not approved in writing. The party acting as Servicer as of the Coverage Effective Date shall be deemed to be approved in writing by the Company.

Non-Approved Servicer. Any Claim occurring whenwhen the Servicer, at time of Default or thereafter, the Servicer is not approved in writing writing; provided that this exclusion shall only apply if the Company notifies the Insured if a Servicer is no longer approved and if within ninety (90) days thereafter the Insured does not complete or cause to complete a transfer of servicing to a new Servicer approved by the Company.