Eligible Insurer definition

Eligible Insurer means an insurance company which (a) is rated at least “A” by A.M. Best Company, (b) has an equivalent rating from another rating agency of internationally recognized standing or (c) otherwise is reasonably acceptable to the Administrative Agent.
Eligible Insurer means and refer to an insurer or governmental guarantor of a mortgage or trust deed who has requested notice in writing of certain matters from the Association in accordance with this Declaration.
Eligible Insurer or “Eligible Guarantor” shall mean an Insurer or Guarantor of a Mortgage that has provided a written request for notices to the Village Association stating both its name and address and the Unit number or address of the Unit on which it guarantees or insures the Mortgage.

Examples of Eligible Insurer in a sentence

  • The Private Partner shall take out with an Eligible Insurer, furnish and maintain in force, at its expense, a project-specific professional liability insurance policy in accordance with the requirements of the Project Agreement for the period specified therein which shall cover the Independent Engineer as an insured.


More Definitions of Eligible Insurer

Eligible Insurer means any of AMBAC, MBIA, FSA, FGIC or any other financial guaranty insurer rated Aaa by Moody's and AAA by S&P at the time of any determination thereof.
Eligible Insurer means an insurer or governmental guarantor of a Mortgage held by an Eligible Mortgage holder which has delivered written notice to the Association in the same fashion as described in subparagraph 1.2.5, stating the name and address of such insurer or guarantor and containing the same information and statements with respect to such insurer or guarantor that are required pursuant to subparagraph 1.2.5 with respect to such holder.
Eligible Insurer means the Guarantor Agency or any other state or nonprofit private institution or organization with which the Secretary has an agreement under Section 428(b) of the Act and which is approved by the Bank hereunder in writing.
Eligible Insurer means an insurer or governmental guarantor of a Mortgage held by an Eligible Mortgage holder that has delivered written notice to the Association in the same fashion as described in Section 1602-119 of the Act, stating the name and address of such insurer or guarantor and containing the same information and statements with respect to such insurer or guarantor that are required pursuant to Section 1602-119 of the Act with respect to such holder.
Eligible Insurer means an entity or affiliate that:
Eligible Insurer means an insurer licensed to transact business in Manitoba and who has a current rating of at least A- X from A. M. Best’s or A- from Standard and Poors or an insurer that is an agency or crown corporation of the Province of Manitoba;
Eligible Insurer means an insurance company regulated by the Australian Prudential Regulatory Authority, which is either: Receivables Purchase Agreement