Common use of Payment of Insurance Premium Clause in Contracts

Payment of Insurance Premium. Unless otherwise designated in writing by the President or a Managing Director of the Certificate Insurer to the Trustee, the Insurance Premium to be paid pursuant to Section 4.02(a) shall be paid by the Trustee to the Certificate Insurer by wire transfer with the following details specifically stated in the wire transfer:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc), Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)

AutoNDA by SimpleDocs

Payment of Insurance Premium. Unless otherwise designated in writing by the President or a Managing Director of the Certificate Insurer to the Trustee, the Insurance Certificate Insurer Premium to be paid pursuant to Section 4.02(a4.02(c) shall be paid by the Trustee or a Paying Agent on its behalf to the Certificate Insurer by wire transfer with the following details specifically stated in the wire transfer:

Appears in 1 contract

Samples: Custodial Agreement (Residential Asset Mortgage Products Inc)

Payment of Insurance Premium. Unless otherwise designated in writing by the President or a Managing Director of the Certificate Insurer to the Trustee, the Insurance Insurer Premium to be paid pursuant to Section 4.02(a4.02(c) shall be paid by the Trustee or a Paying Agent on its behalf to the Certificate Insurer by wire transfer with the following details specifically stated in the wire transfer:

Appears in 1 contract

Samples: Custodial Agreement (Residential Asset Mortgage Products Inc)

Payment of Insurance Premium. Unless otherwise designated in writing by the President or a Managing Director of the Certificate Insurer to the TrusteeTrustee and the Certificate Administrator, the Certificate Insurance Premium Amount to be paid pursuant to Section 4.02(a4.02(a)(3) shall be paid by the Trustee to the Certificate Insurer by wire transfer with the following details specifically stated in the wire transfer:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cwabs Inc Mortgage Pass Through Trust 2001-J1)

AutoNDA by SimpleDocs

Payment of Insurance Premium. Unless otherwise designated in writing by the President or a Managing Director of the Certificate Insurer to the TrusteeSecurities Administrator, the Insurance Insurer Premium to be paid pursuant to Section 4.02(a4.01(a)(i) shall be paid by the Trustee Securities Administrator or a Paying Agent on its behalf to the Certificate Insurer by wire transfer with the following details specifically stated in the wire transfer:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Homestar Mortgage Acceptance Corp Asset Backed Pass-Through Certificates, 2004-6)

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