Credit Insurer definition

Credit Insurer. An insurer under any Primary Mortgage Insurance Policy or pool insurance policy for a Series.

Credit Insurer means each insurance company that provides a Credit Insurance Policy to the Seller.

Credit Insurer. Old Republic Insurance Company, or any replacement Credit Insurer, as applicable.

Examples of Credit Insurer in a sentence

• A list of the Debtors with the Approval Limits delivered, a letter from the Credit Insurer stating the amount of the Insurance Indemnification paid or to be paid for the outstanding insurance period.

• The Seller and the Servicer shall cause any amounts paid by a Credit Insurer under any Credit Insurance Policy to be paid directly to a Lock-Box Account owned by the Seller and to be applied as a Collection in accordance with the terms of this Agreement.

• The other major shareholder (73.86%) in LCI Factors S.A.L. is The Lebanese Credit Insurer S.A.L., a joint venture between ATRADIUS Re (one of the largest credit insurers in the world), and a group of local and regional insurance companies and investors.

• On each Distribution Date, the Trustee shall pay (or cause to be paid) the applicable Credit Insurance Premium to the Credit Insurer from funds on deposit in the Distribution Account.

• For any Distribution Date, the portion of funds available for distribution on such Distribution Date attributable to interest received or advanced on the Mortgage Loans less the Servicing Fee, Trustee Fee and Credit Insurer fee.

More Definitions of Credit Insurer

Credit Insurer means (i) COFACE, a French société anonyme, with registered offices at 12, cours Michelet, La Défense 10, 92800 Puteaux (postal address being Coface, 00000 Xxxxx Xx Défense Cedex), registered with the Trade and Companies Registry of Nanterre under number 552 069 791; (ii) EULER-HERMES, a French société anonyme, with registered offices at 0, xxx Xxxxx, 00000 Xxxxx, registered with the Trade and Companies Registry of Paris under number 552 040 594; or (iii) any other credit insurer whose long term unguaranteed and unsubordinated debt obligations are being rated at least “A-” by Standard & Poor’s or “A3” by Xxxxx’x and capable of making electronic data transfers with the Factor.

Credit Insurer means any insurer that provides Credit Insurance.

Credit Insurer means each insurance company that provides a Credit Insurance Policy to the Borrower. “Credit Party” means each Lender, the Structuring Agent, the Sustainability Agent and the Administrative Agent. “Daily Report” means a report, in substantially the form of Exhibit I.

Credit Insurer means each insurance company that provides a Credit Insurance Policy to the Borrower. “Credit Party” means each Lender, the Structuring Agent and the Administrative Agent.

Credit Insurer means a credit insurance agency acceptable to the Bank;

Credit Insurer means Euler Hermes North America Insurance Company.

Credit Insurer means Atradius Trade Credit Insurance, Inc. with respect to Policy No. 699179.