NIM Insurer definition

NIM Insurer. Any insurer guarantying at the request of Countrywide certain payments under notes backed or secured by the Class C or Class P Certificates.
NIM Insurer. Any insurer guarantying at the request of the Seller certain payments under the NIM Notes.
NIM Insurer. Any of the one or more insurers that is guaranteeing certain payments under any NIM Notes.

Examples of NIM Insurer in a sentence

  • Any notices required to be given by the Trustee, or to the Trustee or the Rating Agencies, shall in each case at the same time also be given to the NIM Insurer.

  • Upon request, the Master Servicer shall furnish to the Trustee and the NIM Insurer its most recent publicly available financial statements and any other information relating to its capacity to perform its obligations under this Agreement reasonably requested by the NIM Insurer.

  • Upon acceptance of appointment by a successor trustee as provided in this Section 8.08, the Depositor shall mail notice of the succession of such trustee hereunder to the NIM Insurer and all Holders of Certificates.

  • If such document is an Opinion of Counsel, the NIM Insurer shall be an addressee thereof or such Opinion of Counsel shall contain language permitting the NIM Insurer to rely thereon as if the NIM Insurer were an addressee thereof.

  • If the Trustee receives a notice or document that is required hereunder to be delivered to the NIM Insurer, and if such notice or document does not indicate that a copy thereof has been previously sent to the NIM Insurer, the Trustee shall send the NIM Insurer a copy of such notice or document.


More Definitions of NIM Insurer

NIM Insurer. Any insurer guarantying at the request of the Depositor or one of its Affiliates certain payments under the NIM Securities. NIM Issuer: The entity established as the issuer of the NIM Securities.
NIM Insurer. Any insurer guarantying at the request of the Seller certain payments under notes backed principally by the Class C and Class P Certificates. Non-Book-Entry Certificate: Any Certificate other than a Book-Entry Certificate.
NIM Insurer. Radian Insurance Inc., a Pennsylvania stock insurance company, and its successors in interest.
NIM Insurer. Any insurer that is guaranteeing certain payments under notes secured by collateral which includes, among other things, all or a portion of the Class C Certificates and the Class P Certificates.
NIM Insurer. Any insurer guarantying at the request of the Seller certain payments under notes backed principally by the Class X and Class P Certificates.
NIM Insurer. Any insurer guarantying at the request of the Seller certain payments under notes backed principally by the Class X and Class P Certificates. If there is no such insurer, all references in this Agreement to the NIM Insurer shall have no force or effect.
NIM Insurer. To the extent and for so long as the NIM Insurance Policy is outstanding in connection with the issuance of NIM Securities, the entity appointed by the NIM Issuer, at its option, to insure payments on the NIM Securities.