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 if the Company has received a Perfected Claim, 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 has satisfied all requirements for a payment of Loss and if the Company has received requirements for a Perfected ClaimClaim 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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