EFFECTIVE DATE; TERM OF AGREEMENT. This Agreement shall take effect on the Date of Issuance and shall remain in effect until the later of (a) such time as FSA is no longer subject to a claim under the Policy and the Policy shall have been surrendered to FSA for cancellation and (b) all amounts payable to FSA and the Noteholders under the Transaction Documents and under the Securities have been paid in full; provided, however, that the 30 provisions of Sections 3.02, 3.03 and 3.04 hereof shall survive any termination of this Agreement.
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EFFECTIVE DATE; TERM OF AGREEMENT. This Agreement shall take effect on the Date of Issuance and shall remain in effect until the later of (a) such time as FSA is no longer subject to a claim under the Policy and the Policy shall have been surrendered to FSA for cancellation and (b) all amounts payable to FSA and the Noteholders Securityholders under the Transaction Documents and under the Securities Certificates have been paid in full; provided, however, that the 30 provisions of Sections 3.02, 3.03 and 3.04 hereof shall survive any termination of this Agreement.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Conseco Finance Corp)
EFFECTIVE DATE; TERM OF AGREEMENT. This Agreement shall take effect on the Date of Issuance and shall remain in effect until the later of (a) such time as FSA is no longer subject to a claim under the Policy and the Policy shall have been surrendered to FSA for cancellation and (b) all amounts payable to FSA and the Noteholders Certificateholders under the Transaction Documents and under the Securities have been paid in full; provided, however, that the 30 provisions of Sections 3.02, 3.03 and 3.04 hereof shall survive any termination of this Agreement.
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Samples: Insurance and Indemnity Agreement (Prudential Securities Secured Financing Corp)
EFFECTIVE DATE; TERM OF AGREEMENT. This Insurance Agreement shall take effect on the Date of Issuance and shall remain in effect until the later of (a) such time as FSA is no longer subject to a claim under the Policy and the Policy shall have been surrendered to FSA for cancellation and (b) all amounts payable to FSA and the Noteholders Owners under the Transaction Related Documents and under the Securities have been paid in full; provided, however, that the 30 provisions of Sections 3.02, 3.03 and 3.04 hereof shall survive any termination of this Agreement.
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Samples: Insurance and Indemnity Agreement (Accredited Home Lenders Inc)
EFFECTIVE DATE; TERM OF AGREEMENT. This Agreement shall take effect on the Date of Issuance and shall remain in effect until the later of (a) such time as FSA is no longer subject to a claim under the Policy and the Policy shall have been surrendered to FSA for cancellation and (b) all amounts payable to FSA and the Noteholders Obligationholders under the Transaction Documents and under the Securities Obligations have been paid in full; provided, however, that the 30 provisions of Sections 3.02, 3.03 and 3.04 hereof shall survive any termination of this Agreement.
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Samples: Insurance and Indemnity Agreement (Bear Stearns Asset Backed Securities Inc)
EFFECTIVE DATE; TERM OF AGREEMENT. This Agreement shall take effect on the Date of Issuance and shall remain in effect until the later of (a) such time as FSA FGIC is no longer subject to a claim under the Policy and the Policy shall have been surrendered to FSA FGIC for cancellation and (b) all amounts payable to FSA FGIC and the Noteholders Certificateholders under the Transaction Documents and under the Securities have been paid in full; provided, however, that the 30 provisions of Sections 3.02, 3.03 and 3.04 hereof shall survive any termination of this Agreement.
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Samples: Insurance and Indemnity Agreement (Equivantage Acceptance Corp)
EFFECTIVE DATE; TERM OF AGREEMENT. This Insurance --------------------------------- Agreement shall take effect on the Date of Issuance and shall remain in effect until the later of (a) such time as FSA is no longer subject to a claim under the Policy and the Policy shall have been surrendered to FSA for cancellation and (b) all amounts payable to FSA and the Noteholders Certificateholders under the Transaction Documents and under the Securities have been paid in full; provided, -------- however, that the 30 provisions of Sections 3.02, 3.03 and 3.04 hereof shall ------- survive any termination of this Agreement.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (United Panam Financial Corp)