Common use of Retirement of Notes Clause in Contracts

Retirement of Notes. The Servicer shall instruct the Indenture Trustee, upon a retirement or other payment of all of the Notes, to surrender the Policy to the Insurer for cancellation.

Appears in 2 contracts

Samples: Insurance and Indemnity Agreement (Origen Residential Securities, Inc.), Insurance and Indemnity Agreement (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2006-A)

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Retirement of Notes. The Servicer shall instruct the Indenture Trustee, upon a retirement or other payment of all of the Notes, to surrender the Note Policy to the Insurer for cancellation.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Indymac Abs Inc)

Retirement of Notes. The Servicer Issuer shall instruct the Indenture Trustee, upon a retirement or other payment of all of the Notes, to surrender the Note Policy to the Insurer for cancellation.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Indymac Abs Inc)

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Retirement of Notes. The Servicer Issuer and the Depositor shall instruct the Indenture Trustee, upon a retirement or other payment of all of the Insured Notes, to surrender the Policy to the Insurer for cancellation.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Greenpoint Mortgage Funding Trust 2006-He1)

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