Common use of Master Servicer Fidelity Bond and Master Servicer Errors and Omissions Insurance Policy Clause in Contracts

Master Servicer Fidelity Bond and Master Servicer Errors and Omissions Insurance Policy. The Master Servicer, at its expense, shall maintain in effect a blanket fidelity bond and an errors and omissions insurance policy, affording coverage with respect to all directors, officers, employees and other Persons acting on such Master Servicer’s behalf, and covering errors and omissions in the performance of the Master Servicer’s obligations hereunder. The errors and omissions insurance policy and the fidelity bond shall be in such form and amount generally acceptable for entities serving as master servicers or trustees.

Appears in 79 contracts

Samples: Pooling and Servicing Agreement (Sequoia Residential Funding Inc), Pooling and Servicing Agreement (Five Oaks Investment Corp.), Pooling and Servicing Agreement (Five Oaks Investment Corp.)

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Master Servicer Fidelity Bond and Master Servicer Errors and Omissions Insurance Policy. The Master Servicer, at its expense, shall maintain in effect a blanket fidelity bond and an errors and omissions insurance policy, affording coverage with respect to all directors, officers, employees and other Persons acting on such Master Servicer’s 's behalf, and covering errors and omissions in the performance of the Master Servicer’s 's obligations hereunder. The errors and omissions insurance policy and the fidelity bond shall be in such form and amount generally acceptable for entities serving as master servicers or trustees.

Appears in 18 contracts

Samples: Pooling and Servicing Agreement (Sequoia Mortgage Trust 2004-12), Pooling and Servicing Agreement (Sequoia Residential Funding Inc), Pooling and Servicing Agreement (Greenwich Capital Acceptance Inc)

Master Servicer Fidelity Bond and Master Servicer Errors and Omissions Insurance Policy. The Master Servicer, at its expense, shall maintain in effect a blanket fidelity bond and an errors and omissions insurance policy, affording coverage with respect to all directors, officers, employees and other Persons acting on such Master Servicer’s behalf, and covering errors and omissions in the performance of the Master Servicer’s obligations hereunder. The errors and omissions insurance policy and the fidelity bond shall be in such form and amount generally acceptable for entities serving as master servicers or trustees.. 110

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Sequoia Residential Funding Inc)

Master Servicer Fidelity Bond and Master Servicer Errors and Omissions Insurance Policy. The Master Servicer, at its expense, shall maintain in effect a blanket fidelity bond and an errors and omissions insurance policy, affording coverage with respect to all directors, officers, employees and other Persons acting on such Master Servicer’s behalf, and covering errors and omissions in the performance of the Master Servicer’s obligations hereunder. The errors and omissions insurance policy and the fidelity bond shall be in such form and amount generally acceptable for entities serving as master servicers or trustees.. 103

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Sequoia Mortgage Trust 2013-1)

Master Servicer Fidelity Bond and Master Servicer Errors and Omissions Insurance Policy. The Master Servicer, at its expense, shall maintain in effect a blanket fidelity bond and an errors and omissions insurance policy, affording coverage with respect to all directors, officers, employees and other Persons acting on such Master Servicer’s 's behalf, and covering errors and 125547 Sequoia 2004-11 Pooling and Servicing Agmt. omissions in the performance of the Master Servicer’s 's obligations hereunder. The errors and omissions insurance policy and the fidelity bond shall be in such form and amount generally acceptable for entities serving as master servicers or trustees.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Sequoia Mortgage Trust 2004-11)

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Master Servicer Fidelity Bond and Master Servicer Errors and Omissions Insurance Policy. (a) The Master Servicer, at its expense, shall maintain in effect a blanket fidelity bond Fidelity Bond and an errors Errors and omissions insurance policyOmissions Insurance Policy, affording coverage with respect to all directors, officers, employees and other Persons acting on such Master Servicer’s 's behalf, and covering errors and omissions in the performance of the Master Servicer’s 's obligations hereunder. The errors Errors and omissions insurance policy Omissions Insurance Policy and the fidelity bond Fidelity Bond shall be in such form and amount generally acceptable for entities serving as master servicers that would meet the requirements of FNMA or trustees.FHLMC if it were the

Appears in 1 contract

Samples: Trust Agreement (Structured Adjustable Rate Mortgage Loan Rate)

Master Servicer Fidelity Bond and Master Servicer Errors and Omissions Insurance Policy. The Master Servicer, at its expense, shall maintain in effect a blanket fidelity bond and an errors and omissions insurance policy, affording coverage with respect to all directors, officers, employees and other Persons acting on such Master Servicer’s behalf, and covering errors and omissions in the performance of the Master Servicer’s obligations hereunder. The errors and omissions insurance policy and the fidelity bond shall be in such form and amount generally acceptable for entities serving as master servicers or trustees.. 116

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Sequoia Mortgage Funding Corp)

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