Common use of Notice to Taxing Authorities and Insurance Companies Clause in Contracts

Notice to Taxing Authorities and Insurance Companies. The Servicer shall transmit to the applicable insurance companies (including primary mortgage insurance policy insurers, if applicable) and/or agents, notification of the transfer of the Servicing to the Successor Servicer, and instructions to deliver all notices and insurance statements, as the case may be, to the Successor Servicer from and after the related Servicing Transfer Date. The Servicer shall provide the Successor Servicer with copies of all such notices no later than the related Servicing Transfer Date.

Notice to Taxing Authorities and Insurance Companies. The Servicer shall transmit to the applicable insurance companies (including primary mortgage insurance policy insurers, if applicable) and/or agents, notification of the transfer of the Servicing servicing to the Successor Servicersuccessor servicer, and instructions to deliver all notices and insurance statements, as the case may be, to the Successor Servicer successor servicer from and after the related Servicing Transfer Out Date. The Servicer shall provide the Successor Servicer successor servicer with copies of all such notices no later than within five (5) Business Days of the related Servicing Transfer Out Date.