Required Insurance Policies definition

Required Insurance Policies. Any Insurance Policy required to be maintained by the Servicer under this Agreement.

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Required Insurance Policies. With respect to a Property, the insurance policies required by Section 6.2.

Required Insurance Policies shall have the meaning set forth in Section 1.1(c).

Examples of Required Insurance Policies in a sentence

• The Master Servicer, subject to Section 3.10(b), is also authorized with the prior approval of the insurers under any Required Insurance Policies to enter into a substitution of liability agreement with such Person, pursuant to which the original Mortgagor is released from liability and such Person is substituted as Mortgagor and becomes liable under the Mortgage Note.

• The Servicer, subject to Section 3.13(b), is also authorized with the prior approval of the insurers under any Required Insurance Policies to enter into a substitution of liability agreement with such Person, pursuant to which the original Mortgagor is released from liability and such Person is substituted as Mortgagor and becomes liable under the Mortgage Note.

• The Mortgage Loan must continue to be covered (if so covered before the Master Servicer enters into the agreement) by the applicable Required Insurance Policies.

• The Master Servicer, subject to Section 3.11(b), is also authorized with the prior approval of the insurers under any Required Insurance Policies to enter into a substitution of liability agreement with the Person, pursuant to which the original Mortgagor is released from liability and the Person is substituted as Mortgagor and becomes liable under the Mortgage Note.

• The Mortgage Loan must continue to be covered (if so covered before the Servicer enters into the agreement) by the applicable Required Insurance Policies.

More Definitions of Required Insurance Policies

Required Insurance Policies means, collectively, with respect to each Pledgor, the insurance policies and coverages maintained by such Pledgor with respect to the Pledged Collateral pursuant to Section 4.17 hereof and all renewals and extensions thereof.

Required Insurance Policies have the meanings set forth in Section 5.4.

Required Insurance Policies means those insurances listed in the Particulars; Restructuring has the meaning given in Clause 31.1; Schedule of Processing, Personal Data and Data Subjects means the Schedule of Processing, Personal Data and Data Subjects set out in the Particulars; Services means the services (or any part of them) to be provided as specified in this Agreement as described in the Particulars including the production of any Deliverables and any planning, preliminary and preparatory work; Specification means any specification for the Goods and/or the Services (including any related plans and/or drawings) that is detailed in the Particulars; Subcontractor means any contractor engaged by the Supplier in the provision of the Goods and/or the Services; Sub-processor means any third party appointed to process Personal Data on behalf of the Supplier related to this Agreement; Supplemental Conditions means the terms and conditions set out in Section C.4 (Supplemental Conditions) (where used) of this Agreement;

Required Insurance Policies means the insurance policies set forth on Exhibit C.

Required Insurance Policies shall have the meaning set forth in Section

Required Insurance Policies means, with respect to each Borrowing Base Property,

Required Insurance Policies and any amounts paid or payable by the insurer under any Insurance Policy (to the extent the mortgagee has a claim thereto) and (III) the rights with respect to the Servicing Agreement, as assigned to the Issuing Entity by the Assignment Agreement; and (vi) any proceeds of the foregoing. Although it is the intent of the Depositor and the Issuing Entity that the conveyance of the Depositor's right, title and interest in and to the Mortgage Loans and other assets in the Trust Estate to the Issuing Entity pursuant to this Agreement shall constitute a purchase and sale and not a loan, in the event that such conveyance is deemed to be a loan, it is the intent of the parties to this Agreement that the Depositor shall be deemed to have granted to the Issuing Entity a first priority perfected security interest in all of the Depositor's right, title and interest in, to and under the Mortgage Loans and other assets in the Trust Estate, and that this Agreement shall constitute a security agreement under applicable law.