Common use of Surrender of Policy Clause in Contracts

Surrender of Policy. The Owner Trustee shall surrender the Certificate Policy to the Security Insurer for cancellation upon the expiration of such policy in accordance with the terms thereof.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (TMS Auto Holdings Inc), Sale and Servicing Agreement (TMS Auto Holdings Inc), Sale and Servicing Agreement (Money Store Auto Trust 1996-2)

AutoNDA by SimpleDocs

Surrender of Policy. The Owner Trustee shall surrender the Certificate Policy to the Security Insurer for cancellation upon the its expiration of such policy in accordance with the terms thereof.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Americredit Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!