Surrender of Policy. The Trustee shall surrender the Policy to the Note Insurer for cancellation upon its expiration in accordance with the terms thereof.
Appears in 9 contracts
Sources: Indenture and Servicing Agreement (MCM Capital Group Inc), Indenture and Servicing Agreement (MCM Capital Group Inc), Indenture and Servicing Agreement (MCM Capital Group Inc)
Surrender of Policy. The Trustee shall surrender the Policy to the Note Certificate Insurer for cancellation upon its expiration in accordance with the terms thereof.
Appears in 5 contracts
Sources: Pooling and Servicing Agreement (Long Beach Holdings Corp), Pooling and Servicing Agreement (Painewebber Asset Acceptance Corp), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC)
Surrender of Policy. The Indenture Trustee shall surrender the Policy to the Note Insurer for cancellation upon its the expiration of such Policy in accordance with the terms thereof.
Appears in 3 contracts
Sources: Sale and Servicing Agreement (Ml Asset Backed Corp), Sale and Servicing Agreement (Ml Asset Backed Corp), Sale and Servicing Agreement (Painewebber Asset Acceptance Corp)
Surrender of Policy. The Indenture Trustee shall surrender the Note Policy to the Note Insurer for cancellation upon its the expiration of such policy in accordance with the terms thereof.
Appears in 3 contracts
Sources: Sale and Servicing Agreement (Asset Backed Securities Corp), Sale and Servicing Agreement (Triad Financial Corp), Sale and Servicing Agreement (Asset Backed Securities Corp)