Credit Insurance Provider definition

Credit Insurance Provider. [_________________], or any successor thereto or the named insurer in any replacement policy obtained by the Servicer pursuant to Section 3.23 hereof.
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Credit Insurance Provider means each insurance company that provides a Credit Insurance Policy to the SPV.
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Credit Insurance Provider. Old Republic Insurance Company, or any successor thereto or the named insurer in any replacement policy obtained by the Servicer pursuant to Section 3.22 hereof.
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Examples of Credit Insurance Provider in a sentence

  • In addition, on or prior to the Closing Date, the Depositor shall cause the Credit Insurance Provider to deliver the Credit Insurance Policy to the Trustee.

  • The Trustee shall withdraw funds from the Certificate Account for distributions to the Certificateholders, the Credit Insurance Provider and the Credit Risk Manager, if applicable, in the manner specified in this Agreement (and to withhold from the amounts so withdrawn, the amount of any taxes that it is authorized to withhold pursuant to the last paragraph of Section 8.11).

  • The calculation of the Trustee Fee, the Servicing Fee, the Credit Risk Manager Fee, the Credit Insurance Provider Fee and interest on the Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Class M-6, Class M-7, Class M-8, Class M-9F, Class B-1, Class B-2, Class P, Class A-R, Class A-RL, Class X-1 and Class X-S Certificates and on the related Uncertificated Interests shall be made on the basis of a 360-day year consisting of twelve 30-day months.

  • In the event that the claims-paying ability rating of the Credit Insurance Provider is reduced to below investment grade by all of the Rating Agencies, upon receipt by the Trustee of written notice of such downgrade of the Certificates and written instruction from the Depositor, the Credit Insurance Policy shall be canceled by the Trustee and the Credit Insurance Provider will not be entitled to receive any additional premium payments after the related cancellation.

  • In the event that Credit Insurance Policy is canceled or terminated for any reason, or the claims-paying ability rating of the Credit Insurance Provider is reduced below investment grade by both of the Rating Agencies, [________] shall use its commercially reasonable efforts to obtain a replacement Credit Insurance Policy from a Qualified Insurer that is acceptable to each Rating Agency.

  • In the event that Credit Insurance Policy is canceled or terminated for any reason, or the claims-paying ability rating of the Credit Insurance Provider is reduced below investment grade by both of the Rating Agencies, the Servicer shall use its commercially reasonable efforts to obtain a replacement Credit Insurance Policy from a Qualified Insurer that is acceptable to each Rating Agency.

  • In the event that the claims-paying ability rating of the Credit Insurance Provider is reduced to below investment grade by both of the Rating Agencies, upon receipt by the Trustee of written notice of such downgrade of the Certificates and written instruction from the Depositor, the Credit Insurance Policy shall be canceled by the Trustee and the Credit Insurance Provider will not be entitled to receive any additional premium payments after the related cancellation.

  • The Servicer shall comply will all applicable terms of the Credit Insurance Policy and the claims-filing procedures of the Credit Insurance Provider, to the extent necessary to avoid any adjustments to claims paid under the Credit Insurance Policy.

  • The calculation of the Trustee Fee, the Servicing Fee, the Credit Risk Manager Fee, the Credit Insurance Provider Fee and interest on the Class P, Class A-R, Class A-RL and Class X-1 Certificates and on the related Uncertificated Interests shall be made on the basis of a 360-day year consisting of twelve 30-day months.

  • The TOE implements role-based access control to grant members of different roles granular privileges to manage the TSF and its associated data.


More Definitions of Credit Insurance Provider

Credit Insurance Provider. National Union Fire Insurance Co of Pittsburgh, PA, or such other insurance provider as is approved by the Buyer in its sole discretion.
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Related to Credit Insurance Provider

  • Credit insurance means insurance offered in connection with an extension of credit that is limited to partially or wholly extinguishing that credit obligation.

  • Insurance Provider s Tender” means the completed Tendering Document submitted by the Insurance Provider to the Procuring Entity

  • In-Orbit Insurance means, with respect to any Satellite (or, if the entire Satellite is not owned by the Issuer or any Restricted Subsidiary, as the case may be, the portion of the Satellite it owns or for which it has risk of loss), insurance (subject to a right of co-insurance in an amount up to $150.0 million) or other contractual arrangement providing for coverage against the risk of loss of or damage to such Satellite (or portion, as applicable) attaching upon the expiration of the launch insurance therefor (or, if launch insurance is not procured, upon the initial completion of in-orbit testing) and attaching, during the commercial in-orbit service of such Satellite (or portion, as applicable), upon the expiration of the immediately preceding corresponding policy or other contractual arrangement, as the case may be, subject to the terms and conditions set forth in this Indenture.

  • Limited line credit insurance producer means a person who sells, solicits, or negotiates one or more forms of limited line credit insurance coverage to an individual through a master, corporate, group, or individual policy.

  • Credit unemployment insurance means insurance:

  • Reimbursement insurance policy means a policy of insurance

  • credit institution means a credit institution as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013;

  • Policy Provider means MBIA Insurance Corporation, or any successor thereto.

  • insurance agent means, subject to subsection (2), any person who for any compensation and through any medium does one or more of the following:

  • Primary care provider means a participating provider who supervises, coordinates, or provides initial care or continuing care to a covered person, and who may be required by the health carrier to initiate a referral for specialty care and maintain supervision of health care services rendered to the covered person.

  • Regulated Insurance Company means any Subsidiary of the Borrower, whether now owned or hereafter acquired, that is authorized or admitted to carry on or transact Insurance Business in any jurisdiction and is regulated by any Applicable Insurance Regulatory Authority.

  • Insurance Administration means, with respect to each Shared Policy, the accounting for premiums, retrospectively-rated premiums, defense costs, indemnity payments, deductibles and retentions, as appropriate, under the terms and conditions of each of the Shared Policies; and the reporting to excess insurance carriers of any losses or claims which may cause the per-occurrence, per claim or aggregate limits of any Shared Policy to be exceeded, and the distribution of Insurance Proceeds as contemplated by this Agreement.

  • Insurance Advisor means Aon Risk Services and any replacement thereof appointed by the Required Secured Parties and, if no Event of Default shall then be occurring, after consultation with the Borrower.

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • 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.

  • 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.

  • National Flood Insurance Program means the program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as revised by the National Flood Insurance Reform Act of 1994, that mandates the purchase of flood insurance to cover real property improvements located in Special Flood Hazard Areas in participating communities and provides protection to property owners through a Federal insurance program.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Medical examiner means that term as defined in 49 CFR 390.5.

  • Hazard Insurance A fire and casualty extended coverage insurance policy insuring against loss or damage from fire and other perils covered within the scope of standard extended hazard coverage naming the Servicer, its successors and assigns, as a mortgagee under a standard mortgagee clause, together with all riders and endorsements thereto.

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

  • Unemployment Insurance means the contribution required of Vendor, as an employer, in respect of, and measured by, the wages of its employees (or subcontractors) as required by any applicable federal, state or local unemployment insurance law or regulation.

  • Underlying insurance means the DESIGNATED UNDERLYING POLICY and all insurances affording professional liability insurance coverage to any INSURED hereunder which are considered to be primary to this insurance, including without limitation, any such mandatory insurance coverage afforded any INSURED by any law society or other program, and any such non-mandatory insurances purchased as coverage or primary to (beneath) this POLICY coverage, but in no case shall include any insurance specifically acquired and stated to be in excess of this POLICY. Signed on behalf of Lawyers’ Professional Indemnity CompanyDaniel E. PinningtonDaniel E. PinningtonPresident and Chief Executive Officer Endorsement No . 1pollutIon exClusIonThis POLICY, subject to all its terms and conditions not in conflict with this endorsement, and further to Part III Exclusion (g), shall include the following:This insurance does not apply to:(a) damage arising out of the actual, alleged or threatened discharge, seepage, dispersal, release or escape of pollutants:

  • 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 group means the persons that comprise an insurance holding company system.

  • Financial Services Provider means any Lender and any other provider of financial services or products;