Common use of Surrender of Note Policy Clause in Contracts

Surrender of Note Policy. The Trust Collateral Agent shall surrender the Note Policy to the Insurer for cancellation upon the expiration of such policy in accordance with the terms thereof.

Appears in 14 contracts

Samples: Sale and Servicing Agreement (Americredit Financial Services Inc), Sale and Servicing Agreement (Americredit Financial Services Inc), Sale and Servicing Agreement (National Auto Finance Co Inc)

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Surrender of Note Policy. The Trust Collateral Agent shall surrender the Note Policy to the Note Insurer for cancellation upon the its expiration of such policy in accordance with the terms thereof.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Long Beach Holdings Corp), Sale and Servicing Agreement (Long Beach Holdings Corp), Sale and Servicing Agreement (Long Beach Holdings Corp)

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Surrender of Note Policy. The Trust Collateral Agent shall surrender the Note Policy to the Note Insurer for cancellation upon the its expiration of such policy in accordance with the terms thereof.]

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Long Beach Acceptance Receivables Corp. II), Sale and Servicing Agreement (Long Beach Acceptance Receivables Corp.), Sale and Servicing Agreement (Long Beach Acceptance Corp)

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