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 Certificate Insurer Premium to be paid pursuant to Section 4.02(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: Bank: Citibank, N.A. ABA Number: 021-000089 For the account of: Ambac Assurance Corporation Account Number: 40609486 Re: Xxxxxx 2002-RS2 Atxxxxxxx: Xxxxxx Xxxxxx (212) 208-3308

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc), Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

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Payment of Insurance Premium. Unless otherwise designated in writing by the President or a Managing Director of the Certificate Insurer to the Trustee, the Certificate Insurer Premium to be paid pursuant to Section 4.02(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: Bank: Citibank, N.A. ABA Number: 021-000089 For the account of: Ambac Assurance Corporation Account Number: 40609486 Re: Xxxxxx 20022003-RS2 RS8 Atxxxxxxx: Xxxxxx Xxxxxx (212) 208-3308

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 Certificate Insurer Premium to be paid pursuant to Section 4.02(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: Bank: Citibank, N.A. ABA Number: 021-000089 For the account of: Ambac Assurance Corporation Account Number: 40609486 Re: Xxxxxx 20022003-RS2 RS7 Atxxxxxxx: Xxxxxx Xxxxxx (212) 208-33083308 156

Appears in 1 contract

Samples: Custodial Agreement (Residential Asset Mortgage Products Inc)

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Payment of Insurance Premium. Unless otherwise designated in writing by the President or a Managing Director of the Certificate Insurer to the Trustee, the Certificate Insurer Premium to be paid pursuant to Section 4.02(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: Bank: Citibank, N.A. ABA Number: 021-000089 For the account of: Ambac Assurance Corporation Account Number: 40609486 Re: Xxxxxx 20022004-RS2 RS1 Atxxxxxxx: Xxxxxx Xxxxxx (212) 208-3308

Appears in 1 contract

Samples: Custodial Agreement (Residential Asset Mortgage Products Inc)

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