Errors and Omissions Insurance Policy definition

Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.
Errors and Omissions Insurance Policy. An errors and omissions insurance policy to be maintained by the Company pursuant to Section 4.12.
Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Fiscal Agent or the Paying Agent, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.

Examples of Errors and Omissions Insurance Policy in a sentence

  • Such Fidelity Bond and Errors and Omissions Insurance Policy also shall protect and insure the Servicer against losses in connection with the release or satisfaction of a Mortgage Loan without having obtained payment in full of the indebtedness secured thereby.

  • Such Fidelity Bond and Errors and Omissions Insurance Policy also shall protect and insure the Company against losses in connection with the release or satisfaction of a Mortgage Loan without having obtained payment in full of the indebtedness secured thereby.

  • The Company shall maintain the Fidelity Bond and Errors and Omissions Insurance Policy as provided for in Section 4.12 insuring the Company against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein.

  • No provision of this Section 4.12 requiring such Fidelity Bond and Errors and Omissions Insurance Policy shall diminish or relieve the Company from its duties and obligations as set forth in this Agreement.

  • Any such Fidelity Bond and Errors and Omissions Insurance Policy shall be in the form of the Mortgage Banker’s Blanket Bond and shall protect and insure the Servicer against losses, including forgery, theft, embezzlement, fraud, errors and omissions and negligent acts of such Servicer Employees.


More Definitions of Errors and Omissions Insurance Policy

Errors and Omissions Insurance Policy. An errors and omissions insurance policy to be maintained by each Servicer pursuant to Section 3.19.
Errors and Omissions Insurance Policy. An errors and omissions insurance policy to be maintained by the Master Servicer pursuant to Section 8.02 or a Servicer pursuant to the related Servicing Agreement.
Errors and Omissions Insurance Policy means an errors and omissions insurance policy to be maintained by the Seller.
Errors and Omissions Insurance Policy. An errors and omissions insurance policy to be maintained by the Master Servicer pursuant to Section 8.02 or a Servicer pursuant to the Related Servicing Agreement.
Errors and Omissions Insurance Policy means a standard form insurance policy, in form and substance as required by Xxxxxx Mae or Xxxxxxx Mac, as applicable, insuring against losses from errors or omissions with respect to the Mortgage Loans.
Errors and Omissions Insurance Policy. As defined in Section 3.06.
Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by each Master Servicer, each Special Servicer, the Trustee, the Fiscal Agent or the Paying Agent, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.