Common use of No Denial of Insurance Clause in Contracts

No Denial of Insurance. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any applicable special hazard insurance policy, PMI Policy, or bankruptcy bond, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by the Company or any designee of the Company or any corporation in which the Company or any officer, director, or employee had a financial interest at the time of placement of such insurance;

Appears in 13 contracts

Samples: Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-8), Reconstituted Servicing Agreement (Lehman Mortgage Trust 2007-4), Reconstituted Servicing Agreement (Lehman Mortgage Trust 2007-5)

AutoNDA by SimpleDocs

No Denial of Insurance. No action, inaction, or event has occurred and no state of facts fact exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any applicable special hazard insurance policy, PMI Policy, primary mortgage guaranty insurance policy or bankruptcy bond, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by the Company Seller or any designee of the Company Seller or any corporation in which the Company Seller or any officer, director, or employee had a financial interest at the time of placement of such insurance;.

Appears in 10 contracts

Samples: Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.)

No Denial of Insurance. No action, inaction, or event has occurred and no state of facts fact exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any applicable pool insurance policy, primary mortgage insurance policy, special hazard insurance policy, PMI Policy, or bankruptcy bond, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by the Company Seller or any designee of the Company Seller or any corporation in which the Company Seller or any officer, director, or employee had a financial interest at the time of placement of such insurance;

Appears in 6 contracts

Samples: Master Repurchase Agreement (ECC Capital CORP), Master Repurchase Agreement (WMC Finance Co), Master Repurchase Agreement (ECC Capital CORP)

No Denial of Insurance. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any applicable special hazard insurance policy, PMI Policy, or bankruptcy bond, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by the Company or any designee of the Company or any corporation in which the Company or any officer, director, or employee had a financial interest at the time of placement of such insurance;

Appears in 3 contracts

Samples: Reconstituted Servicing Agreement (Structured Asset Securities Corp Mort Pas THR Cer Se 2002-2), Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-3), Reconstituted Servicing Agreement (Structured Asset Securities Corp Mor Pas THR Ce Se 2003-12xs)

No Denial of Insurance. No action, inaction, or event has occurred and no state of facts fact exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any applicable special hazard insurance policy, PMI Policy, primary mortgage guaranty insurance policy or bankruptcy bond, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received Schedule 1-9 by the Company Seller or any designee of the Company Seller or any corporation in which the Company Seller or any officer, director, or employee had a financial interest at the time of placement of such insurance;.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.)

No Denial of Insurance. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will would result in the exclusion from, denial of, or defense to coverage under any applicable special hazard insurance policy, PMI Policy, Policy or bankruptcy bond, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by the Company Seller or any designee of the Company Seller or any corporation in which the Company Seller or any officer, director, or employee had a financial interest at the time of placement of such insurance;.

Appears in 2 contracts

Samples: Repurchase and Servicing Agreement (PHH Corp), Repurchase and Servicing Agreement (PHH Corp)

AutoNDA by SimpleDocs

No Denial of Insurance. No action, inaction, or event has occurred and no state of facts fact exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any applicable pool insurance policy, special hazard insurance policy, PMI Policy, or bankruptcy bond, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by the Company Seller or any designee of the Company Seller or any corporation in which the Company Seller or any officer, director, or employee had a financial interest at the time of placement of such insurance;

Appears in 2 contracts

Samples: Purchase and Warranties Agreement (Sasco 2006-Bc3), Master Repurchase Agreement (Starnet Financial Inc)

No Denial of Insurance. No action, inaction, or event has occurred and no state of facts fact exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any applicable special hazard pool insurance policy, PMI Policy, special hazard insurance policy, or bankruptcy bond, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by the Company such Seller or any designee of the Company such Seller or any corporation in which the Company such Seller or any officer, director, or employee had a financial interest at the time of placement of such insurance;

Appears in 1 contract

Samples: Loan Sale Agreement (MortgageIT Holdings, Inc.)

No Denial of Insurance. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will would result in the exclusion from, denial of, or defense to coverage under any applicable special hazard insurance policy, PMI Policy, Policy or bankruptcy bond, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by the Company Seller or any designee of the Company Seller or any corporation in which the Company Seller or any officer, director, or employee had a financial interest at the time of placement of such insurance;.

Appears in 1 contract

Samples: Master Repurchase Agreement (PHH Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.