Common use of Insurance of Custodian Clause in Contracts

Insurance of Custodian. At its own expense, the Custodian shall maintain at all times during the existence of this Agreement and keep in full force and effect fidelity insurance, theft of documents insurance, forgery insurance and errors and omissions insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, all as is customary for insurance typically maintained by banks which act as Custodian and in amounts and with insurance companies reasonably acceptable to the Owner. The minimum coverage under any such bond and insurance policies shall be at least equal to the corresponding amount required by Xxxxxx Xxx in the Xxxxxx Mae Mortgaged-Backed Securities Selling and Servicing Guide or by Xxxxxxx Mac in the Xxxxxxx Mac Owner's & Servicer's Guide. A certificate of the respective insurer as to each such policy, with a copy of such Policy attached, shall be furnished to the Owner, upon request, containing the statement of the insurer or endorsement evidencing that such insurance shall not terminate prior to receipt by the Owner, by registered mail, of 30 days' prior written notice thereof.

Insurance of Custodian. At its own expense, the Custodian shall maintain at all times during the existence of this Agreement and keep in full force and effect fidelity insurance, theft of documents insurance, forgery insurance and errors and omissions insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, all as is customary for insurance typically maintained by banks which act as Custodian custodian and in amounts and with insurance companies reasonably acceptable to the OwnerTrustee. The minimum coverage under any such bond and insurance policies shall be at least equal to the corresponding amount amounts required by Xxxxxx Xxx in the Xxxxxx Mae MortgagedMortgage-Backed Securities Selling and Servicing Guide or by Xxxxxxx Mac in the Xxxxxxx Mac Owner's & Servicer's Guide. A certificate of the respective insurer as to each such policy, with a copy of such Policy policy attached, shall be furnished to the OwnerTrustee, upon request, containing the statement of the insurer or endorsement evidencing that such insurance shall not terminate prior to receipt by the OwnerTrustee, by registered mail, of 30 days' prior written notice thereof.

Insurance of Custodian. At its own expense, the Custodian shall maintain at all times during the existence of this Agreement and keep in full force and effect fidelity insurance, theft of documents insurance, forgery insurance and errors and omissions insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, all as is customary for insurance typically maintained by banks which act as Custodian custodian and in amounts and with insurance companies reasonably acceptable to the OwnerTrustee. The minimum coverage under any such bond and insurance policies shall be at least equal to the corresponding amount amounts required by Xxxxxx Xxx Fannie Mae in the Xxxxxx Fannie Mae MortgagedMortgage-Backed Securities Selling and Servicing Guide or axx Xxrxxxing Guixx xx by Xxxxxxx Freddie Mac in the Xxxxxxx Freddie Mac Owner's & Servicer's Guide. A certificate cexxxxxxxte of the respective rexxxxxxxe insurer as to each such policy, with a copy of such Policy policy attached, shall be furnished to the OwnerTrustee, upon request, containing the statement of the insurer or endorsement evidencing that such insurance shall not terminate prior to receipt by the OwnerTrustee, by registered mail, of 30 days' prior written notice thereof.

Insurance of Custodian. At its own expense, the Custodian shall maintain at all times during the existence of this Agreement and keep in full force and effect fidelity insurance, theft of documents insurance, forgery insurance and errors and omissions insurance. All such insurance shall be in amounts, with standard coverage and subject to lowest available deductibles, all as is customary for insurance typically maintained by banks which act as Custodian and in amounts and with insurance companies reasonably acceptable to the OwnerSellers. The minimum coverage under any such bond and insurance policies shall be at least equal to the corresponding amount amounts required by Xxxxxx Xxx in the Xxxxxx Mae Mortgaged-Backed Securities Selling Guide and the Xxxxxx Xxx Servicing Guide or by Xxxxxxx Mac in the Xxxxxxx Mac OwnerSeller's & Servicer's Guide. A certificate of the respective insurer as to each such policy, with a copy of such Policy policy attached, shall be furnished to the OwnerSellers, upon request, containing the statement of the insurer or endorsement evidencing that such insurance shall not terminate prior to receipt by the Owner, by registered mail, of 30 days' prior written notice thereofis in full force and effect.

Insurance of Custodian. At its own expense, the Custodian shall maintain at all times during the existence of this Agreement and keep in full force and effect fidelity insurance, theft of documents insurance, forgery insurance and errors and omissions insurance. All such insurance shall be in amounts, with standard coverage and subject to lowest available deductibles, all as is customary for insurance typically maintained by banks which act as Custodian and in amounts and with insurance companies reasonably acceptable to the OwnerSeller. The minimum coverage under any such bond and insurance policies shall be at least equal to the corresponding amount amounts required by Xxxxxx Xxx in the Xxxxxx Mae Xxx Mortgaged-Backed Securities Selling Guide and the Xxxxxx Xxx Servicing Guide or by Xxxxxxx Freddie Mac in the Xxxxxxx Mac Owner's Xxx Xxxxxx’s & Servicer's ’s Guide. A certificate of the respective insurer as to each such policy, with a copy of such Policy policy attached, shall be furnished to the OwnerSeller, upon request, containing the statement of the insurer or endorsement evidencing that such insurance shall not terminate prior to receipt by the OwnerSeller, by registered mail, of 30 days' ’ prior written notice thereof.

Insurance of Custodian. At its own expense, the Custodian shall maintain at all times during the existence of this Agreement and keep in full force and effect fidelity insurance, theft of documents insurance, forgery insurance and errors and omissions insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, all as is customary for insurance typically maintained by banks which act as Custodian and in amounts and with insurance companies reasonably acceptable to the Owner. The minimum coverage under any such bond and insurance policies shall be at least equal to the corresponding amount required by Xxxxxx Xxx Fannie Mae in the Xxxxxx Fannie Mae Mortgaged-Backed Securities Selling and Servicing Xxxxxxixx Guide or by Xxxxxxx xx Xxeddie Mac in the Xxxxxxx Freddie Mac Owner's & Servicer's Guide. A certificate of certificxxx xx the respective insurer respectixx xxxxrer as to each such policy, with a copy of such Policy attached, shall be furnished to the Owner, upon request, containing the statement of the insurer or endorsement evidencing that such insurance shall not terminate prior to receipt by the Owner, by registered mail, of 30 days' prior written notice thereof.