Insurance Collateral Agent definition

Insurance Collateral Agent means Portfolio Financial Servicing Company, a Delaware corporation, in its capacity as collateral agent under the Collateral Agency Agreement, together with its successors and permitted assigns in such capacity.
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Examples of Insurance Collateral Agent in a sentence

  • Cause all fees owing to the Insurance Collateral Agent under the Collateral Agency Agreement to be timely paid when due and payable under the Collateral Agency Agreement.

  • The effective date of this Assignment Agreement (the “Settlement Date”) shall be the latest of (a) the date of the execution hereof by the Assignor and the Assignee, (b) the date this Assignment Agreement has been delivered to the Collateral Agent and the Insurance Collateral Agent, (c) the settlement date specified on Annex I, and (d) the receipt by Assignor of the Purchase Price specified in Annex I.

  • Following the execution of this Assignment Agreement by the Assignor and the Assignee, it will be delivered by the Assignor to the Collateral Agent and the Insurance Collateral Agent.

  • Imperial PFC has caused all Servicing Fees owing to the Servicer and all fees owing to the Insurance Collateral Agent, the Cash Management Bank and all other third parties to be timely paid when due and there are no amounts that are due to any such Person that have been outstanding for more than sixty (60) days.

  • On the Business Day of such receipt, remit (or cause to be remitted) to the Collection Account all Collections with respect to Insurance Premium Loans received directly by the Servicer, the Originator, Imperial PFC, the Insurance Collateral Agent, any of their Affiliates or any other Person on their behalf.

  • With regard to any Life Insurance Policy that has not been foreclosed upon, or otherwise transferred, in satisfaction of the applicable Insurance Premium Loan, the applicable Premium Finance Borrower has good and marketable title to such Life Insurance Policy, free and clear of all Liens, except Liens in favor of the Originator, the Insurance Collateral Agent or Imperial PFC.

  • In the event the Servicer or the Insurance Collateral Agent requests the assistance or advice of or provides a notice to Imperial PFC in connection with matters relating to or arising under the Servicing Agreement or the Collateral Agency Agreement, as applicable, Imperial PFC shall notify Lexington of such request or notice and shall comply with all requests and instructions of Lexington relating to such request or notice.

  • Cause all fees owing to any third party other than the Servicer and the Insurance Collateral Agent under the relevant agreement to be timely paid when due and payable under such agreement.