Common use of Payment of Loss; Company's Options Clause in Contracts

Payment of Loss; Company's Options. Within the Settlement Period, but only if the Insured has satisfied all requirements for a payment of Loss and the requirements for a Perfected Claim have been met, the Company shall at its sole option exercise its:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2006-3), Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2006-3)

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Payment of Loss; Company's Options. Within the Settlement Period, but only if the Insured has satisfied all requirements for a payment of Loss and if the requirements for Company has received a Perfected Claim have been metClaim, the Company shall at its sole option exercise its:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Opt4), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-He6)

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Payment of Loss; Company's Options. Within the Settlement Period, but only if the Insured insured has satisfied all requirements for a payment of Loss and the requirements for a Perfected Claim have been met, the Company shall at its sole option exercise its:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Chase Funding Loan Acquisition Trust, Series 2004-Aq1)

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