RDI Policy definition
RDI Policy means the risk default policy maintained with a risk default insurer with respect to the Receivables.
RDI Policy means one of the risk default policies maintained with a Risk Default Insurer with respect to the Receivables, copies of which policies are attached hereto as Exhibit D.
Examples of RDI Policy in a sentence
Seller shall cause an endorsement to the RDI Policy to be issued to Purchaser showing Purchaser as loss payee thereunder.
The Borrower shall not amend the terms of any RDI Policy or the VSI Policy in any manner adverse to the Borrower or the Lenders without the prior written consent of the Lenders.
Each such Receivable which is represented by the Seller to be an Insured Receivable is covered by the RDI Policy.