Credit Enhancement Provider means, with respect to any Securities, any person issuing, funding or otherwise making available, for the benefit of Securityholders or any party to a Serviced Corporate Trust Contract, an asset as an enhancement of the credit quality or liquidity of any Securities or the mortgage assets or other assets pledged for or underlying such Securities, such as a letter of credit, surety bond, insurance policy, guaranty, reserve fund pledge or collateral undertaking.

Credit Enhancement Provider means the Collateral Interest Holder.

Credit Enhancement Provider shall have the meaning set forth in the Series Term Sheet.

Examples of Credit Enhancement Provider in a sentence

Each Purchaser shall promptly notify the applicable Seller upon becoming aware of any complaint concerning any Serviced Appointment made by any party to the Serviced Corporate Trust Contract, any Securityholder, any Credit Enhancement Provider or any rating agency.
Each Seller shall promptly notify the applicable Purchaser upon becoming aware of any complaint concerning any Serviced Appointment made by any party to the Serviced Corporate Trust Contracts, any Securityholder, any Credit Enhancement Provider or any rating agency.
The Credit Enhancement Provider shall not have the right to cause the Loan or any portion thereof to become due and payable prior to the due date for the Loan as set forth herein.
Notwithstanding the foregoing, the Credit Enhancement Provider shall have no rights under this Agreement, and shall not be entitled to any payments hereunder, if and for so long as there is no Loan outstanding hereunder and no accrued but unpaid interest.
The Credit Enhancement Provider agrees that its interest in funds on deposit in the Credit Enhancement Account is subordinated to the interests of the Investor Certificateholders of the Series, as provided in this Agreement and in the Series Supplement.

More Definitions of Credit Enhancement Provider

Credit Enhancement Provider means, with respect to any Series, the Person, if any, designated as such in the related Supplement.

Credit Enhancement Provider with respect to any Series shall have the meaning specified in the applicable Series Supplement.

Credit Enhancement Provider means an obligor or transferor with respect to a Credit Enhancement in support of a Covered Agreement.

Credit Enhancement Provider means the person or entity providing or issuing a credit enhancement device.

Credit Enhancement Provider means, with respect to a Series of Bonds, the Insurer, commercial bank, pension fund, or other institution issuing (or having primary obligation, or acting as agent for the institutions obligated, under) a Credit Enhancement then in effect with respect to such Series of Bonds.

Credit Enhancement Provider means the Person or Persons providing any Credit Enhancement, other than (except to the extent otherwise provided with respect to any Series in the Supplement for such Series) the Certificateholders of any Series or Class which is subordinated to another Series or Class.

Credit Enhancement Provider means any “Credit Enhancement Provider” (as defined in the Pooling and Servicing Agreement).