Common use of Tax Service Contract; Flood Certification Contract Clause in Contracts

Tax Service Contract; Flood Certification Contract. Each Mortgage Loan shall have a tax service contract and, if applicable, a flood insurance contract which shall have a term of the life of the Mortgage Loan. Each such tax service and flood insurance contract shall be fully transferable without penalty, premium or cost to the Purchaser or its designee, unless, with respect to tax service contract, the Company is terminated pursuant to Section 11.2 hereof;

Tax Service Contract; Flood Certification Contract. Each Mortgage Loan shall have a tax service contract and, if applicable, a flood insurance contract which shall have a term of the life of the Mortgage Loan. Each such tax service and flood insurance contract shall be fully transferable without penalty, premium or cost to the Purchaser or its designee, unless, with respect to tax service contract, the Company is terminated pursuant to Section 11.2 11.02 hereof;

Tax Service Contract; Flood Certification Contract. Each Mortgage Loan shall have a tax service contract and, if applicable, a flood insurance contract which shall have a term of the paid in full, life of the Mortgage Loanloan, flood certification contract. Each such tax service and flood insurance contract shall be fully transferable without penalty, premium or cost of these contracts is assignable to the Purchaser or and its designeeassigns, unless, with respect to tax service contractcontracts, the Company is terminated pursuant to Section 11.2 11.02 hereof;

Tax Service Contract; Flood Certification Contract. Each Mortgage Loan shall have a tax service contract and, if applicable, a flood insurance contract which shall have a term of the life of the Mortgage Loan. Each such tax service and flood insurance contract shall be fully transferable without penalty, premium or cost to the Purchaser or its designee, designee unless, with respect to tax service contractcontracts, the Company is terminated pursuant to Section 11.2 11.02 hereof;

Tax Service Contract; Flood Certification Contract. Each Mortgage Loan shall have a tax service contract and, if applicable, a flood insurance contract which shall have a term of the life of the Mortgage Loan. Each such tax service and flood insurance contract shall be fully transferable without penalty, premium or cost to the Purchaser or its designee, unless, with respect to tax service contract, the Company is terminated pursuant to Section 11.2 hereof;

Tax Service Contract; Flood Certification Contract. Each Mortgage Loan shall have a tax service contract Tax Service Contract and, if applicable, a flood insurance contract Flood Zone Service Contract which shall have a term of the life of the Mortgage Loan. Each such tax service Tax Service Contract and flood insurance contract Flood Zone Service Contract shall be fully transferable transferable, without penalty, premium or cost to the Purchaser or its designee; provided, unlesshowever, with respect to tax service contractin the event of termination under Section 11.02 herein, the Company is terminated pursuant shall be required to Section 11.2 hereof;reimburse the Purchaser for all costs and expenses incurred by the Purchaser or its designee in connection with the assignment of any such Tax Service Contract or Flood Zone Service Contract.