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 Custodial 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 of collateral substantially similar to the Collateral and act in a collateral agent capacity. Upon request, the Lender or the Borrower shall be entitled to receive a certificate of the respective insurer that such insurance is in full force and effect.

Insurance of Custodian. At its own expense, the Custodian shall maintain at all times during the existence of this Custodial 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 of collateral substantially similar to the Collateral and act in a collateral agent capacityCollateral. Upon request, the Lender or the Borrower shall be entitled to receive a certificate of the respective insurer that such insurance is in full force and effect.

Insurance of Custodian. At its own expense, the Custodian shall maintain at all times during the existence of this Custodial 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 of collateral assets substantially similar to the Collateral Purchased Loans and act in a collateral agent capacity. Upon request, the Lender Buyer or the Borrower Seller shall be entitled to receive a certificate of the respective insurer that such insurance is in full force and effect.

Insurance of Custodian. At its own expense, the Custodian shall maintain at all times during the existence of this Custodial 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 of collateral substantially similar to the Collateral Purchased Assets and act in a collateral agent capacity. Upon request, the Lender Buyer or the Borrower Seller shall be entitled to receive a certificate of the respective insurer that such insurance is in full force and effecteffect as to each such policy, with a copy of such policy attached.

Insurance of Custodian. At its own expense, the Custodian shall maintain at all times during the existence of this Custodial Custodian 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 of collateral substantially similar to the Collateral and act in a collateral agent capacityCollateral. Upon request, the Lender or the Borrower Agent shall be entitled to receive a certificate of the respective insurer that such insurance is in full force and effect.