Required Insurance Policy definition

Required Insurance Policy. With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.

Required Insurance Policy. With respect to any Mortgage Loan, any insurance policy which is required to be maintained from time to time under the Sale and Servicing Agreement with respect to such Mortgage Loan.

Required Insurance Policy. With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement. Required Recordation States: The states of Florida, Maryland and Mississippi.

Examples of Required Insurance Policy in a sentence

• In connection with the foreclosure or other conversion, the Master Servicer shall follow the Servicing Standard and shall follow the requirements of the insurer under any Required Insurance Policy.

• In connection with the foreclosure or other conversion, the Servicer shall follow the Servicing Standard and shall follow the requirements of the insurer under any Required Insurance Policy.

• In connection with such foreclosure or other conversion, the Servicer shall, consistent with Section 3.11, follow such practices and procedures as it shall deem necessary or advisable, as shall be normal and usual in its general mortgage servicing activities, as shall meet the requirements of the Insurer under any Required Insurance Policy, and as shall be consistent with the provisions of this Agreement.

• The Servicer hereby covenants to each of the other parties to this Agreement that the Servicer shall comply in the performance of its obligations under this Agreement with all reasonable rules and requirements of the insurer under each Required Insurance Policy.

• In connection with such foreclosure or other conversion, the Servicer shall follow Customary Servicing Procedures and shall meet the requirements of the insurer under any Required Insurance Policy.

More Definitions of Required Insurance Policy

Required Insurance Policy. With respect to any Home Equity Loan, any insurance policy which is required to be maintained from time to time under the Servicing Agreement, the Program Guide or the related Subservicing Agreement in respect of such Home Equity Loan.

Required Insurance Policy means any Fidelity Insurance Policy, Errors and Omissions Insurance Policy, Professional Liability Insurance Policy or any other insurance policy that may be required by Buyer, in each case, as set forth in the Addendum.

Required Insurance Policy. With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement, including, without limitation, in the case of the MI Mortgage Loans, the MI Policy.

Required Insurance Policy. With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement or the GMACM Servicing Agreement.

Required Insurance Policy. With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under the Servicing Agreement.

Required Insurance Policy means with respect to any Pledged Mortgage, any insurance policy that is required to be maintained from time to time under this Agreement.

Required Insurance Policy. With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement. SAIF: Means the Savings Association Insurance Fund, or any successor thereto.