Fidelity Bond definition

Fidelity Bond. A fidelity bond to be maintained by the Servicer pursuant to Section 4.12.

Fidelity Bond. As defined in each of the Servicing Agreements.

Fidelity Bond. The fidelity bond required to be obtained by each Servicer satisfying the requirements of the related Servicing Agreement.

Examples of Fidelity Bond in a sentence

• Such Fidelity Bond and Errors and Omissions Insurance Policy also shall protect and insure the Servicer against losses in connection with the release or satisfaction of a Mortgage Loan without having obtained payment in full of the indebtedness secured thereby.

• Such Fidelity Bond and Errors and Omissions Insurance Policy also shall protect and insure the Company against losses in connection with the release or satisfaction of a Mortgage Loan without having obtained payment in full of the indebtedness secured thereby.

• The Company shall maintain the Fidelity Bond and Errors and Omissions Insurance Policy as provided for in Section 4.12 insuring the Company against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein.

• No provision of this Section 4.12 requiring such Fidelity Bond and Errors and Omissions Insurance Policy shall diminish or relieve the Company from its duties and obligations as set forth in this Agreement.

• Any such Fidelity Bond and Errors and Omissions Insurance Policy shall be in the form of the Mortgage Banker’s Blanket Bond and shall protect and insure the Servicer against losses, including forgery, theft, embezzlement, fraud, errors and omissions and negligent acts of such Servicer Employees.

More Definitions of Fidelity Bond

Fidelity Bond. A fidelity bond to be maintained by the Servicer in accordance with the Xxxxxx Xxx Guides. Fitch: Fitch, Inc., or any successor in interest. Xxxxxxx Mac: Xxxxxxx Mac, or any successor thereto.

Fidelity Bond. The fidelity bond required to be obtained by the Servicer pursuant to Subsection 11.12.

Fidelity Bond. A fidelity bond to be maintained by the Company pursuant to Section 4.12.

Fidelity Bond. A fidelity bond to be maintained by the Servicer in accordance with Section 3.13. Fitch: Fitch, Inc. or any successor in interest.

Fidelity Bond. A fidelity bond to be maintained by the Servicer in accordance with the Xxxxxx Mae or Xxxxxxx Mac Guide.

Fidelity Bond. Shall have the meaning assigned thereto in Section 3.12.

Fidelity Bond. A fidelity bond to be maintained by the Seller pursuant to Section 4.12.