Master Policy. Subject to applicable law, the Company may, at any time, by written notice to the Insured, cancel this Policy, and such cancellation shall be effective as of the date of such notice, provided that the conditions of this Policy shall remain applicable to any Loans insured hereunder prior to such cancellation.
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Samples: Master Transaction Agreement (Radian Group Inc), Pooling and Servicing Agreement (Sabr Trust 2005-Fr3), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2005-Op2)
Master Policy. Subject to applicable law, the Company Master The Insured may, at any time, by written notice to the InsuredCompany, cancel this Policy, and such cancellation shall Policy be effective as of the date of such notice, provided that the conditions of this Policy shall remain applicable to any Loans insured hereunder here-under prior to such cancellation.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2005-Op2), Pooling and Servicing Agreement (Sabr Trust 2005-Fr3)
Master Policy. Subject to applicable law, the Company The Insured may, at any time, by written notice to the InsuredCompany, cancel this Policy, and such cancellation shall be effective as of the date of such notice, provided that the conditions of this Policy shall remain applicable to any Loans insured hereunder here-under prior to such cancellation.
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