Common use of Policy for Exclusive Benefit of Insured Clause in Contracts

Policy for Exclusive Benefit of Insured. The coverage provided under this Policy shall be for the sole and exclusive benefit of the Insured, and in no event shall any Borrower or other Person be deemed a party to, or an intended beneficiary of, this Policy.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (FFMLT Trust 2005-Ffa), Pooling and Servicing Agreement (GSAMP Trust 2005-S2), First Franklin Mortgage Loan Trust 2003-FFB

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Policy for Exclusive Benefit of Insured. The coverage provided under this Policy shall will be for the sole and exclusive benefit of the InsuredInsured and its successors and assigns pursuant to the Pooling and Servicing Agreement, and in no event shall will any Borrower or other Person be deemed a party to, or an intended beneficiary of, this Policy.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (DLJ Mortgage Acceptance Corp)

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