Common use of Fidelity Bond; Errors and Omission Insurance Clause in Contracts

Fidelity Bond; Errors and Omission Insurance. Each officer, director, employee, consultant and advisor of the Company with responsibilities concerning the servicing and administration of the Mortgage Loans is covered by errors and omissions insurance and fidelity bond insurance in the amounts and with the coverage required under the related Pooling and Servicing Agreement for it to maintain. Neither the Company nor any of its officers, directors, employees, consultants, or advisors involved in the servicing or administration of the Mortgage Loans has been refused such coverage or insurance.

Appears in 7 contracts

Samples: Special Servicing Agreement (Citicorp Mortgage Securities Inc), Special Sub Servicing Agreement (Alternative Loan Trust 2007-2cb), Special Sub Servicing Agreement (Alternative Loan Trust 2006-33cb)

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Fidelity Bond; Errors and Omission Insurance. Each officer, director, employee, consultant and advisor of the Company with responsibilities concerning the servicing and administration of the Mortgage Loans is covered by errors and omissions insurance and fidelity bond insurance in the amounts and with the coverage required under the related Pooling and Servicing Agreement for it to maintain. Neither the Company nor any of its officers, directors, employees, consultants, or advisors involved in the servicing or administration of the Mortgage Loans has been refused such coverage or insurance.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Delta Financial Corp)

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Fidelity Bond; Errors and Omission Insurance. Each officer, director, employee, consultant and advisor of the Company Countrywide with responsibilities concerning the servicing and administration of the Mortgage Loans is covered by errors and omissions insurance and fidelity bond insurance in the amounts and with the coverage required under the related Pooling and Servicing Agreement for it to maintain. Neither the Company Countrywide nor any of its officers, directors, employees, consultants, or advisors involved in the servicing or administration of the Mortgage Loans has been refused such coverage or insurance.

Appears in 1 contract

Samples: Act as Backup Servicer (Delta Financial Corp)

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