Common use of Sold Loans Clause in Contracts

Sold Loans. In the event a COMMERCIAL REAL ESTATE LOAN(S) is sold by the INSURED, the Company agrees to offer coverage to the new owner of the COMMERCIAL REAL ESTATE LOAN(S) identical to coverage provided the INSURED under this Policy. The per INSURED PROPERTY premium to be charged to the new owner of the COMMERCIAL REAL ESTATE LOAN(S) will be equal to the pro rata premium applying to an INSURED PROPERTY as of the date of sale plus not more than $100 per INSURED PROPERTY. Additional premium may be charged to the new owner of the COMMERCIAL REAL ESTATE LOAN for negotiated differences in terms and conditions, including but not limited to, POLICY PERIOD, limits of liability and deductible.

Sold Loans. In the event a COMMERCIAL REAL ESTATE LOAN(S) is sold by the INSURED, the Company agrees to offer coverage to the new owner of the COMMERCIAL REAL ESTATE LOAN(S) identical to coverage provided the INSURED under this Policy. The per INSURED PROPERTY premium to be charged to the new owner of the COMMERCIAL REAL ESTATE LOAN(S) will be equal to the pro rata premium applying to an INSURED PROPERTY as of the date of sale plus not more than $100 5100 per INSURED PROPERTY. Additional premium may be charged to the new owner of the COMMERCIAL REAL ESTATE LOAN for negotiated differences in terms and conditions, including but not limited to, POLICY PERIOD, limits of liability and deductible.

Sold Loans. In the event a COMMERCIAL REAL ESTATE LOAN(S) is sold by the INSURED, the Company agrees to offer coverage to the new owner of the COMMERCIAL REAL ESTATE LOAN(S) identical to coverage provided the INSURED under this Policy. The per INSURED PROPERTY premium to be charged to the new owner of the COMMERCIAL REAL ESTATE LOAN(S) will be equal to the pro rata rats premium applying to an INSURED PROPERTY as of the date of sale plus not more than $100 per INSURED PROPERTY. Additional premium may be charged to the new owner of the COMMERCIAL REAL ESTATE LOAN for negotiated differences in terms and conditions, including but not limited to, POLICY PERIOD, limits of liability and deductible.

Sold Loans. In the event a COMMERCIAL REAL ESTATE LOAN(S) is sold by the INSURED, the Company agrees to offer otter coverage to the new owner of the COMMERCIAL REAL ESTATE LOAN(S) identical to coverage provided the INSURED under this Policy. The per INSURED PROPERTY premium to be charged to the new owner of the COMMERCIAL REAL ESTATE LOAN(S) will be equal to the pro rata premium applying to an INSURED PROPERTY as of the date of sale plus not more than $100 per INSURED PROPERTY. Additional premium may be charged to the new owner of the COMMERCIAL REAL ESTATE LOAN for negotiated differences in terms and conditions, including but not limited to, POLICY PERIOD, limits of liability and deductible.