Contingent and Excess Liability Insurance Policy definition

Contingent and Excess Liability Insurance Policy has the meaning set forth in the Basic Servicing Agreement.
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Contingent and Excess Liability Insurance Policy has the meaning set forth in the Titling Company Servicing Agreement.
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Contingent and Excess Liability Insurance Policy means all contingent, excess or umbrella policies from time to time issued with the Titling Company named as an additional insured or loss payee, in each case to the extent applicable to any Lease or Leased Vehicle and, in each case, all replacement or successor policies.
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Examples of Contingent and Excess Liability Insurance Policy in a sentence

  • Notwithstanding the foregoing, the Servicer shall only be required to maintain the Contingent and Excess Liability Insurance Policy that is required to be maintained by the Servicer in the most recent Public ABS Transaction; provided, that if no such Contingent and Excess Liability Insurance Policy is required to be maintained in the most recent Public ABS Transaction, then no such Contingent and Excess Liability Insurance Policy shall be required hereunder.

  • So long as any Securities are outstanding, the Servicer shall maintain and pay when due all premiums with respect to the Contingent and Excess Liability Insurance Policies unless the termination or other modification of any Contingent and Excess Liability Insurance Policy will not reduce the Servicer’s insurance coverage below the $5 million minimum and the Rating Agency Condition is satisfied with respect to such termination or other modification.

  • So long as any Securities are outstanding, the Servicer shall maintain and pay when due all premiums with respect to the Contingent and Excess Liability Insurance Policies unless the termination or other modification of any Contingent and Excess Liability Insurance Policy will not reduce the Servicer’s insurance coverage below the $10 million minimum and the Rating Agency Condition is satisfied with respect to such termination or other modification.

  • So long as any Securities are outstanding, the Servicer shall maintain and pay when due all premiums with respect to the Contingent and Excess Liability Insurance Policies unless the termination or other modification of any Contingent and Excess Liability Insurance Policy will not reduce the Servicer’s insurance coverage below the $[5] million minimum and the Rating Agency Condition is satisfied with respect to such termination or other modification.

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More Definitions of Contingent and Excess Liability Insurance Policy

Contingent and Excess Liability Insurance Policy has the meaning set forth in the Basic Servicing Agreement. 7 (NALT 2012-B Agreement of Definitions)
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Contingent and Excess Liability Insurance Policy means that certain policy numbered 5539875 issued to the Servicer and the Trustee, on behalf of the Trust, by Lexington Insurance Company and that certain policy numbered BE 9324116 issued to the Servicer and the Trustee on behalf of the Trust by National Union Fire Insurance Company of Pittsburgh, Pennsylvania and that certain policy numbered XLUMB-00260 issued to J.M. Xxxily Enterprises, Inc. by X.L. Insurance Company, Ltd. with the Origination Trustee named as an additional insured or loss payee, plus all excess or umbrella policies from time to time issued with the Origination Trustee named as an additional insured or loss payee, in each case to the extent applicable to any 1997-A Lease or 1997-A Leased Vehicle.
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Contingent and Excess Liability Insurance Policy means the policy numbered ACV70334G-0, issued to the Servicer and the Trustee, on behalf of the Origination Trust, by Yasuda Fire and Marine of America, plus all contingent, excess or umbrella policies from time to time issued with the Trustee or the Origination Trust named as an additional insured or loss payee, in each case to the extent applicable to any Lease or Leased Vehicle and, in each case, all replacement or successor policies.
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Contingent and Excess Liability Insurance Policy means that certain policy numbered [___] issued to the Servicer and the Trustee, on behalf of the Trust, by [___] and that certain policy numbered [___] issued to the Servicer and the Trustee on behalf of the Trust by [___] and that certain policy numbered [___] issued to X.X. Family Enterprises, Inc. by [___] with the Origination Trustee named as an additional insured or loss payee, plus all excess or umbrella policies from time to time issued with the Origination Trustee named as an additional insured or loss payee, in each case to the extent applicable to any 1998-A Lease or 1998-A Leased Vehicle.
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Contingent and Excess Liability Insurance Policy means those certain policies numbered 5662073, 5662074 and 5662075 issued to the Servicer and the Trustee, on behalf of the Trust, by Gulf Insurance Company and that certain policy numbered BE 3102525 issued to the Servicer and the Trustee on behalf of the Trust by National Union Fire Insurance Company of Pittsburgh, Pennsylvania and that certain policy numbered XLUMB-1260 issued to J.M. Xxxily Enterprises, Inc. by X.L. Insurance Company, Ltd. with the Origination Trustee named as an additional insured or loss payee, plus all excess or umbrella policies from time to time issued with the Origination Trustee named as an additional insured or loss payee, in each case to the extent applicable to any 1996-B Lease or 1996-B Leased Vehicle.
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Related to Contingent and Excess Liability Insurance Policy

  • 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.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

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

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • R&W Insurance Policy has the meaning set forth in Section 6.15.

  • Property Insurance is defined in Section 6.10(a).

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

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Credit property insurance means insurance:

  • 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.

  • Reimbursement insurance policy means a policy of insurance

  • 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.

  • 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.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

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

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

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.

  • 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.

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

  • 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.

  • First party insurance means an insurance policy or contract in which the insurer

  • 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.

  • Life Insurance Policy has the meaning given in Section 6.11.

  • General Liabilities shall have the meaning given it in Article III, Section 6(b) of this Declaration of Trust;