Common use of Xxxxxxx xx Xxxxxxx Clause in Contracts

Xxxxxxx xx Xxxxxxx. Xx xxx Xxxxxxxx xxxxx xx xas reasonable cause to suspect that an insurer under any applicable insurance policy required pursuant to the provisions of this Article will, for any reason, be unable to pay a valid claim, the Servicer shall immediately notify the Master Servicer upon receipt of such information or formulation of such belief. The Servicer shall then (i) find a substitute insurer and (ii) pay any premiums to the insurer. In any case, the Servicer shall not be liable in any way for the financial inability of any insurer under any insurance policy required herein to pay a valid claim so long as the provisions of Article 15 and 16 hereof are complied with.

Xxxxxxx xx Xxxxxxx. Xx xxx Xxxxxxxx xxxxx xx xas xxx reasonable cause to suspect that an insurer under any applicable insurance policy required pursuant to the provisions of this Article will, for any reason, be unable to pay a valid claim, the Servicer shall immediately notify the Master Servicer upon receipt of such information or formulation of such belief. The Servicer shall then (i) find a substitute insurer and (ii) pay any premiums to the insurer. In any case, the Servicer shall not be liable in any way for the financial inability of any insurer under any insurance policy required herein to pay a valid claim so long as the provisions of Article 15 and 16 hereof are complied with.

Xxxxxxx xx Xxxxxxx. Xx xxx Xxxxxxxx xxxxx xx xas reasonable xxx xxxsonable cause to suspect that an insurer under any applicable insurance policy required pursuant to the provisions of this Article will, for any reason, be unable to pay a valid claim, the Servicer shall immediately notify the Master Servicer upon receipt of such information or formulation of such belief. The Servicer shall then (i) find a substitute insurer and (ii) pay any premiums to the insurer. In any case, the Servicer shall not be liable in any way for the financial inability of any insurer under any insurance policy required herein to pay a valid claim so long as the provisions of Article 15 and 16 hereof are complied with.

Xxxxxxx xx Xxxxxxx. Xx xxx Xxxxxxxx xxxxx xx xas xxxxs or has reasonable cause to suspect that an insurer under any applicable insurance policy required pursuant to the provisions of this Article will, for any reason, be unable to pay a valid claim, the Servicer shall immediately notify the Master Servicer upon receipt of such information or formulation of such belief. The Servicer shall then (i) find a substitute insurer and (ii) pay any premiums to the insurer. In any case, the Servicer shall not be liable in any way for the financial inability of any insurer under any insurance policy required herein to pay a valid claim so long as the provisions of Article 15 and 16 hereof are complied with.

Xxxxxxx xx Xxxxxxx. Xx xxx Xxxxxxxx xxxxx xx xas has reasonable cause to suspect that an insurer under any applicable insurance policy required pursuant to the provisions of this Article will, for any reason, be unable to pay a valid claim, the Servicer shall immediately notify the Master Servicer upon receipt of such information or formulation of such belief. The Servicer shall then (i) find a substitute insurer and (ii) pay any premiums to the insurer. In any case, the Servicer shall not be liable in any way for the financial inability of any insurer under any insurance policy required herein to pay a valid claim so long as the provisions of Article 15 and 16 hereof are complied with.