Common use of WARRANTY OF ACCURACY Clause in Contracts

WARRANTY OF ACCURACY. The Insured (i) warrants that all listed insurance policies have been issued to it and are in full force and effect and that it has not and will not assign any interest in the policies except for the interest of mortgagees and loss payees and (ii) authorizes AFCO to insert or correct on this agreement, if omitted or incorrect, the insurer's name, the policy numbers, and the due date of the first installment and to correct any obvious errors. In the event of any such change, correction or insertion, AFCO will give the Insured written notice thereof.

Appears in 2 contracts

Sources: Commercial Premium Finance Agreement, Commercial Premium Finance Agreement

WARRANTY OF ACCURACY. The Insured (i) warrants that all listed insurance Insurance policies have been issued to it and are in full force and effect and that it has not and will not assign any interest in the policies except for the interest of mortgagees and loss payees and (ii) authorizes AFCO to insert or correct on this agreement, if omitted or incorrect, the insurer's ’s name, the policy numbers, and the due date of the first installment and to correct any obvious errors. In the event of any such change, correction or insertion, AFCO will give the Insured written notice thereof.

Appears in 1 contract

Sources: Commercial Premium Finance Agreement (Neose Technologies Inc)