Common use of Other Insurance Policies Clause in Contracts

Other Insurance Policies. No action, inaction or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any insurance policy or bankruptcy bond related to the Mortgage Loans, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by NC Capital Corporation or by any officer, director, or employee of NC Capital Corporation or any designee of NC Capital Corporation or any corporation in which NC Capital Corporation or any officer, director, or employee had a financial interest at the time of placement of such insurance;

Other Insurance Policies. No action, inaction or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any insurance policy or bankruptcy bond related to the Mortgage Loans, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by NC Capital Corporation or by any officer, director, or employee of NC Capital Corporation or any designee of NC Capital Corporation or any corporation in which NC Capital Corporation or any officer, director, or employee had a financial interest at the time of placement of such insurance;

Other Insurance Policies. No action, inaction or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any insurance policy or bankruptcy bond related to the Mortgage Loans, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by NC Capital Corporation or by any officer, director, or employee of NC Capital Corporation or any designee of NC Capital Corporation or any corporation in which NC Capital Corporation or any officer, director, or employee had a financial interest at the time of placement of such insurance;