Insured Amount definition

Insured Amount. As defined in the Policy.

Insured Amount. The meaning ascribed thereto in Section 4.09. Insured Depository Institution: Insured Depository Institution shall have the meaning ascribed to such term by Section 1813(c)(2) of Title 12 of the United States Code, as amended from time to time.

Insured Amount. As defined in the Certificate Insurance Policy.

Examples of Insured Amount in a sentence

• Amounts on deposit in the Custodial Account may at the option of the Servicer be invested in Eligible Investments; provided that in the event that amounts on deposit in the Custodial Account or the Escrow Account exceed the amount fully insured by the FDIC (the "Insured Amount") the Servicer shall be obligated to invest the excess amount over the Insured Amount in Eligible Investments on the same Business Day as such excess amount becomes present in the Custodial Account or the Escrow Account.

• On each Distribution Date, the Trustee shall transfer any Insured Amount then on deposit in the Insurance Account to the Certificate Account.

• The Notice shall specify the amount of Insured Amounts and shall constitute a claim for an Insured Amount pursuant to the Certificate Insurance Policy.

• Supplier must, at its own cost, effect and maintain, during the Term, a public liability insurance policy with a minimum level of cover of the Insured Amount and all other insurance required to be held and maintained by law, including without limitation, workers' compensation insurance.

• It shall not be necessary for such payments to be made by checks or wire transfers separate from the checks or wire transfers used to pay the Insured Amount with other funds available to make such payment.

More Definitions of Insured Amount

Insured Amount means (a) as of any Payment Date, any Deficiency Amount and (b) any Preference Amount.

Insured Amount. Shall have the meaning assigned to the term "Insured Amount" in the Bond Insurance Policy.

Insured Amount. With respect to the Class A Certificates, as of any Distribution Date, the Deficiency Amount, if any, for such Distribution Date.

Insured Amount. With respect to the Class A Certificates, as of any Distribution Date, the Deficiency Amount, if any, for such Distribution Date. Insurer: Ambac Assurance Corporation, a Wisconsin-domiciled stock insurance corporation or its successors in interest.

Insured Amount means, with respect to any Distribution Date and the Insured Obligations, the Deficiency Amount for such Distribution Date and any Preference Amount.

Insured Amount means the outstanding balance on the Total Debt Repayable at the time of death, retrenchment or accupational disability, calculated as if

Insured Amount. With respect to the Insured Certificates and (i) a Distribution Date, any Deficiency Amount for such Distribution Date and (ii) any date, any Preference Amount to be paid pursuant to the terms of the Policy on such date.