Primary Policies means any insurance policies or other similar instruments such as a financial guarantee issued by an Insurance Subsidiary.
Examples of Primary Policies in a sentence
The Umbrella/Excess Policy must follow form of the Primary Policies noted as A, B & C and be extended to “drop down” to become primary in the event the primary limits are reduced or the aggregate limits are exhausted.
Utica moves to preclude Munich from introducing any evidence or arguments on the issue of whether the Primary Policies may have lacked aggregate limits; it argues that even if “certain Primary Policies lacked aggregate limits, Utica would have been required to pay the same amounts under the 1973 and 1977 umbrella policies that Munich reinsures.” (Dkt.
Instead, Munich explains, “[t]hese litigations concern what consideration Utica gave to Goulds, i.e., how much Utica paid, in exchange for Goulds’ agreement in 2007 to impute aggregate limits into the Primary Policies that did not have them.” (Dkt.
Reason: In order to ensure that the development has a satisfactory appearance and to comply with Policy BD1 of the Council's Borough Wide Primary Policies Development Plan Document.
The existence of any and all such Primary Policies with respect to individual Residential Mortgage Agreements is indicated on Schedule A.
More Definitions of Primary Policies
Primary Policies means any insurance policies or other similar instruments such as a financial guarantee issued by a Credit Party.
Primary Policies means any insurance or reinsurance policies issued by a Loan Party or any Insurance Subsidiary. “Public Lender” has the meaning specified in Section 6.02. “Qualifying Collateral” means: (i) whole mortgage loans, including residential first mortgage, multifamily mortgage, home equity line of credit (HELOC), second mortgage and commercial mortgage; (ii) loans secured by farmland; (iii) government and agency securities, including treasuries, agencies, agency mortgage back security (MBS) pass-through, agency collateralized mortgage obligation (CMO) or real estate mortgage investment, real estate mortgage investment conduit (REMIC), Small Business Administration (SBA) pool certificates, Federal Deposit Insurance Corporation (FDIC) and National Credit Union Administration (NCUA) guaranteed notes and Government National Mortgage Association (Xxxxxx Xxx) home equity conversion mortgage (HECM); (iv) non-agency securities, including municipal securities, private placement securities, residential mortgage-backed securities, commercial mortgage- backed securities (CMBS) and asset-backed securities secured by HELOC/second mortgage loan collateral; and (v) cash. “Rating Agency” means S&P, Xxxxx’x or Fitch, collectively, the “Rating Agencies”. “RBC Ratio” means on any date of determination, one-half of the ratio (expressed as a percentage) of (a) the aggregate “Total Adjusted Capital” (as defined by the applicable Department) for FGLIC to (b) the aggregate “Authorized Control Level Risked-Based Capital” (as defined by the applicable Department) for FGLIC. “RBC Ratio Test Condition” has the meaning specified in Section 7.09(c). “Receivables” has the meaning specified in the definition of “Permitted Accounts Securitization”. “Receivables Facility Attributed Indebtedness” means the amount of recourse obligations outstanding under a receivables purchase facility on any date of determination.
Primary Policies means any insurance policies issued by the Borrower.
Primary Policies means any insurance or reinsurance policies issued by a Loan Party or any Insurance Subsidiary. “Public Lender” has the meaning specified in Section 6.02.
Primary Policies means any insurance or reinsurance policies issued by a Credit Party or any Insurance Subsidiary. “Pro Rata Share” means, at any time, with respect to all payments, computations and other matters relating to the Revolving
Primary Policies means any insurance or reinsurance policies issued by any Insurance Subsidiary. “Public Lender” has the meaning specified in Section 6.02. “Qualifying Collateral” means: (i) whole mortgage loans, including residential first mortgage, multifamily mortgage, home equity line of credit (HELOC), second mortgage and commercial mortgage; (ii) loans secured by farmland; (iii) government and agency securities, including treasuries, agencies, agency mortgage back security (MBS) pass-through, agency collateralized mortgage obligation (CMO) or real estate mortgage investment, real estate mortgage investment conduit (REMIC), Small Business Administration (SBA) pool certificates, Federal Deposit Insurance Corporation (FDIC) and National Credit Union Administration (NCUA) guaranteed notes and Government National Mortgage Association (Xxxxxx Xxx) home equity conversion mortgage (HECM); (iv) non-agency securities, including municipal securities, private placement securities, residential mortgage-backed securities, commercial mortgage- backed securities (CMBS) and asset-backed securities secured by HELOC/second mortgage loan collateral; and (v) cash.
Primary Policies means any insurance policies issued by an Insurance ---------------- Subsidiary. Pro Rata Share means as to any Lender at any time, the percentage -------------- equivalent (expressed as a decimal, rounded to the ninth decimal place) at such time of such Lender's Commitment divided by the combined Commitments of all Lenders; provided that if the Commitments are terminated, each Lender's Pro Rata Share will be based on the percentage which such Lender's then outstanding principal amount of Loans and LC Obligations is of the then aggregate outstanding principal amount of Loans and LC Obligations of all Lenders.