contract of insurance means an agreement between the Secretary of Education and either the Trustee or the Seller providing for the insurance by the Secretary of Education of the principal of and accrued interest on a FFELP Loan to the maximum extent permitted under the Higher Education Act.
Assignment of Insurances shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.
Period of Insurance means the period commencing from the retroactive date and terminating on the expiry date as shown in the Policy Schedule.
Certificate of Insurance means a document showing that an insurance policy has been written and includes a statement of the coverage of the policy.
Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.
Force-Placed Insurance shall have the meaning set forth in Section 4.4.
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.
Required Insurance shall have the meaning provided in Section 9.03.
Reimbursement insurance policy means a policy of insurance
Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.
Extended Letter of Credit has the meaning given that term in Section 2.3.(b).
group insurance means blanket insurance and franchise insurance and any other forms of group insurance.
Other Insurance means insurance available to any covered person that covers a loss to which this policy applies, other than either primary insurance or insurance specifically purchased by you to be excess of the insurance afforded by this policy.
FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.
Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.
Trade Letter of Credit means any Letter of Credit that is issued under the Letter of Credit Facility for the benefit of a supplier of inventory to the Borrower or any of its Subsidiaries to effect payment for such Inventory.
R&W Insurance Policy has the meaning set forth in Section 6.15.
Company Insurance Policies has the meaning set forth in Section 4.15.
Credit property insurance means insurance:
Letter of Credit Reimbursement Agreement has the meaning specified in Section 2.4(e).
Commercial Letter of Credit means any letter of credit or similar instrument issued for the purpose of providing the primary payment mechanism in connection with the purchase of any materials, goods or services by Company or any of its Subsidiaries in the ordinary course of business of Company or such Subsidiary.
General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:
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.
Auto-Renewal Letter of Credit has the meaning specified in Section 2.03(b)(iii).
Evidence of coverage means any certificate, agreement or contract issued to an enrollee setting out the coverage to which the enrollee is entitled.
Eligible Letter of Credit means, as of any date of determination thereof, a Letter of Credit which supports the purchase of Inventory, (i) which Inventory does not constitute Eligible In-Transit Inventory and for which no documents of title have then been issued, (ii) which Inventory, when completed, otherwise would constitute Eligible Inventory, (iii) which Letter of Credit has an expiry within thirty (30) days of the date of initial issuance of such Letter of Credit, and (iv) which Letter of Credit provides that it may be drawn only after the Inventory is completed and after documents of title have been issued for such Inventory reflecting the Borrower, a Subsidiary Guarantor or the Administrative Agent as consignee of such Inventory.