Policies definition
Examples of Policies in a sentence
The fees, costs and expenses of such D&O Insurance and Run Off Policies shall be borne 50% by the Parent and 50% by the Sellers.
Any amounts collected by a Master Servicer or a Special Servicer under any such Insurance Policies (other than amounts to be applied to the restoration or repair of the related Mortgaged Property or REO Property or amounts to be released to the related Mortgagor, in each case in accordance with the Servicing Standard and the provisions of the related Mortgage Loan documents) shall be deposited in the applicable Collection Account, subject to withdrawal pursuant to Section 3.05(a).
The 2717-Engine Group acknowledges that the New Directors have received or will receive copies of the Policies in effect on the date hereof and the 2717-Engine Group shall cause the New Directors to provide to the Company such certifications or acknowledgments in respect of the New Directors’ compliance with the Policies as the Company may from time to time require from each of the other directors serving on the Board.
Any amounts collected by the Master Servicer or Special Servicer under any such Insurance Policies (other than amounts to be applied to the restoration or repair of the related Mortgaged Property or REO Property or amounts to be released to the related Mortgagor, in each case in accordance with the Servicing Standard and the provisions of the related Mortgage Loan documents) shall be deposited in the Collection Account, subject to withdrawal pursuant to Section 3.05(a).