Certificate Insurer Default. The existence and continuance of a failure by the Certificate Insurer to make a payment required under the Certificate Policy in accordance with its terms.
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (RFMSI Series 2005-S5 Trust), Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)
Certificate Insurer Default. The existence and continuance of a the failure by of the Certificate Insurer to make a payment required under the Certificate Insurance Policy in accordance with its terms.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Mellon Residential Funding Corp)