Assumed Insurance Policies definition

Assumed Insurance Policies means those insurance policies set forth on the Assumed Executory Contract and Unexpired Lease List.
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Assumed Insurance Policies shall have the meaning set forth in Section 5.15.
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Assumed Insurance Policies means those insurance Contracts set forth under the heading “Insurance Policies” on Schedule 2.1.
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Examples of Assumed Insurance Policies in a sentence

  • Assumed Insurance Policies and Agreements.The Debtors do not believe that the insurance policies issued to, or insurance agreements entered into by, the Debtors prior to the Petition Date (including, without limitation, any policies covering directors’ or officers’ conduct) constitute executory contracts (and, consequently, such insurance policies and agreements shall continue in effect after the Effective Date).

  • AHIC is hereby appointed and constituted the successor to Fremont under the Assumed Insurance Policies and, except as otherwise provided for herein, will from and after the date hereof perform all of Fremont's obligations under the Assumed Insurance Policies as if it had been the original issuer thereof.

  • In accordance with applicable law with respect to all Assumed Insurance Policies.

  • All premiums earned and all claims incurred after the Assumption Date with respect to the Assumed Insurance Policies will be accounted for as direct business of AHIC, and Fremont will have no further obligations under this Agreement for accounting for any Assumed Insurance Policies after the Assumption Date.

  • Prepaid insurance premiums on the Assumed Insurance Policies shall be prorated on a daily basis as of the Time of Possession.

  • The Parties shall use commercially reasonable efforts to transfer the Assumed Insurance Policies to Purchaser prior to Closing, and Purchaser shall pay any costs related to such transfer.

  • The Assumed Insurance Policies shall be direct obligations of AHIC.

  • From the date hereof, the insureds shall have the right to file claims arising under the Assumed Insurance Policies directly with AHIC and shall have a direct right of action against AHIC, and AHIC hereby consents to being subject to direct action taken by any insured.

  • Assumed Insurance Policies and Agreements.The Debtors do not believe that the insurance policies issued to, or insurance agreements entered into by, the Debtors prior to the Commencement Date constitute executory contracts.

  • Identified on Schedule 3.22(a) as the "Assumed Insurance Policies" are any insurance policies of AI that will be transferred to French Subsidiary pursuant to Section 1.2.


More Definitions of Assumed Insurance Policies

Assumed Insurance Policies shall have the meaning specified in Section 1.1(m).
Sample 1
Assumed Insurance Policies means those insurance policies set forth on the AssumedExecutory Contract and Unexpired Lease List.
Sample 1

Related to Assumed Insurance Policies

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Bond Insurance Policy means the financial guaranty insurance policy issued by the Bond Insurer insuring the payment when due of the principal of and interest on the Bonds as provided therein.

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • Blanket insurance policy means a group policy covering a defined class of

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Certificate Insurance Policy The Certificate Guaranty Insurance Policy No. AB1094BE, dated the Closing Date, including any endorsements thereto issued by the Certificate Insurer to the Trustee for the benefit of the Holders of the Insured Certificates, a form of which is attached as Exhibit L hereto.

  • Life Insurance Policy has the meaning given in Section 6.10.

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Claims Made Policies has the meaning set forth in Section 5.01(b).

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • D&O Policies has the meaning set forth in Section 8.06.

  • Reimbursement insurance policy means a policy of insurance

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Insurance Contracts means the insurance or annuity policies and contracts, together with all binders, slips, certificates, endorsements and riders thereto, issued or entered into by any Insurance Company prior to the Closing.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Servicer Policies and Practices means, with respect to the Servicer’s duties under Exhibit A to the Servicing Agreement, the policies and practices of the Servicer applicable to such duties that the Servicer follows with respect to comparable assets that it services for itself and, if applicable, others.