Failure to Mitigate. If the Insured breaches its duty to prevent and mitigate Loss, then the Company's remedy shall be to reduce the Insured's Loss by the reasonably estimated extent of the resulting prejudice to the Company, rather than to deny the Claim.
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Samples: Pooling and Servicing Agreement (Sabr Trust 2005-Fr3), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2005-Op2), Structured Ass Sec Cor a R Col Tr MRT Ps THR CRT Ser 01-Bc6
Failure to Mitigate. If the Insured breaches its duty to prevent and mitigate Loss, then the Company's ’s remedy shall be to reduce the Insured's ’s Loss by the reasonably estimated extent of the resulting prejudice to the Company, rather than to deny the Claim.. 14 Master Policy | Condition Nine Radian Master Policy
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