Insurance Letters definition

Insurance Letters means any or all of them, as the context may require;
Sample 1Sample 2Sample 3
Insurance Letters means the [three] letters dated as of August 1, ----------------- 1998 [(Trust Nos. 98-1, 98-2 and 98-3)], each from the Lessee and the Manager to the Owner Trustee, and each of which contains the acknowledgment and consent of the Owner Participant, the Pass Through Trustee and the Indenture Trustee.
Sample 1

Examples of Insurance Letters in a sentence

  • Each of the Insurance Letters of Credit shall remain subject to the additional terms of the Letter of Credit Agreement, applications and any related documents required by Bank in connection with the issuance (and any renewal) thereof.

  • Date: Dear Sirs Insurance Letters of Credit – Master Agreement (Form 3/CEP) dated 17 September, 2010 and made between Citibank Europe plc and Renaissance Reinsurance Ltd.

  • For purposes of this Agreement, “Insurance Letters of Credit” means, collectively, the Existing Insurance Letters of Credit, amended as contemplated in this Section 1.4(a)(ii).

  • AIUK is currently party to two separate letter of credit facilities with Citibank, N.A. ("Citibank"), the London Market Letter of Credit Scheme and the Insurance Letters of Credit Master Agreement, each entered into as of November 13, 2002.

  • Each drawing paid under the Insurance Letters of Credit shall be repaid by Borrower in accordance with the provisions of the Letter of Credit Agreement.

  • XL Re has entered into (i) a Master Agreement--London Market Letter of Credit Scheme, dated as of October 21, 1996 and (ii) an Insurance Letters of Credit--Master Agreement, dated as of May 19, 1993 (each as amended from time to time, the "Reimbursement Agreements") in favor of the Bank pursuant to which XL Re has agreed to, among other things, reimburse the Bank in connection with the issuance by the Bank from time to time of letters of credit for its account (the "Letters of Credit").

  • For so long as any one or more of the Insurance Letters of Credit remain outstanding, Borrower shall provide such financial support to AICE as is necessary to ensure that the principal balance of time deposits in the AICE Deposit Accounts is no less than the then outstanding aggregate dollar amount of the Insurance Letters of Credit (the “Minimum Collateral Value”).

  • EXECUTED THIS DAY ABOVE WRITTEN BY: FLAGSTONE REASSURANCE SUISSE S.A. /s/ Xxxxxxx Xxxxxxxx Xxxxxxx Xxxxxxxx Dated January 22, 2009 AND CITIGROUP EUROPE PLC /s/ Xxxx X'Xxxxx (Signature(s)) Dated__January 22, 2009 SCHEDULE ONE Form of Novation Notice for Clause 10 To: [ ] Date: Dear Sirs Insurance Letters of Credit – Master Agreement (Form 3/CEP) dated [ ] and made between Citibank Europe plc and [ ] (the “Agreement”) We refer to Clause 10 of the Agreement.

  • Borrower has requested that Bank consider reducing (but not increasing) the dollar amount of any of the Existing Insurance Letters of Credit from time to time without express written amendment to this Agreement.

  • Harbor Point Re Limited * (Full name of the Company) (Signature(s)) Dated AND CITIGROUP EUROPE PLC (Signature(s)) Dated SCHEDULE ONE Form of Novation Notice for Clause 10 To: [ ] Date: Dear Sirs Insurance Letters of Credit – Master Agreement (Form 3/CEP) dated [ ] and made between Citibank Europe plc and [ ] (the “Agreement”) We refer to Clause 10 of the Agreement.

Related to Insurance Letters

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Title Insurance Company as defined in Section 5.1(l).

  • Insurance Report means an insurance report in respect of the Insurances confirming that such Insurances are placed with such insurers, insurance companies and/or clubs in such amounts, against such risks and in such form as acceptable to the Agent (acting on the instructions from the Finance Parties) and comply with the requirements under Clause 26.3 (Insurance) and the GIEK Guarantee prepared by Bank Assure Insurance Services Inc., or such other reputable insurance advisor approved by the Agent, and dated on or about 11 June 2010 and addressed to, and capable of being relied upon by, the Finance Parties.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • 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.

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

  • Title Insurance An American Land Title Association (ALTA) mortgage loan title policy form 1970, or other form of Title Insurance Policy acceptable to FNMA or FHLMC, including all riders and endorsements thereto, insuring that the Security Instrument constitutes a valid first lien on the related Mortgaged Property subject only to permitted encumbrances.

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

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.

  • 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.

  • Evidence of coverage means any certificate, agreement or contract issued to an enrollee setting out the coverage to which the enrollee is entitled.

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • Insurance Contracts means the insurance or annuity policies and contracts, together with all binders, slips, certificates, endorsements and riders thereto, issued or entered into by any Insurance Company prior to the Closing.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • FHA Mortgage Insurance means, mortgage insurance authorized under the National Housing Act, as amended from time to time, and provided by the FHA.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Insurance Assignment means the valid and effective first legal assignment of the Insurances (together with the notice thereof), to be executed by the Borrower in respect of the Vessel in favour of the Trustee, such assignment and notice to be in the form and on the terms and conditions required by the Agent and the Hermes Agent and agreed on the signing hereof and as specified in paragraph 42 of Schedule 4;

  • Insurance Schedule means Schedule 3 attached hereto.

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.