Common use of Special Hazard Coverage Clause in Contracts

Special Hazard Coverage. As of the Cut-Off Date $3,422,165. On each Anniversary, the Special Hazard Coverage will be reduced to an amount equal to the lesser of:

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar5), Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar5)

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Special Hazard Coverage. As of the Cut-Off Date $3,422,1653,710,000. On each Anniversary, the Special Hazard Coverage will be reduced to an amount equal to the lesser of:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (PHH Alternative Mortgage Trust, Series 2007-1)

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Special Hazard Coverage. As of the Cut-Off Date $3,422,1651,574,877. On each Anniversary, the Special Hazard Coverage will be reduced to an amount equal to the lesser of:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (PHH Alternative Mortgage Trust, Series 2007-2)

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