Senior Facility Insurance Policy definition

Senior Facility Insurance Policy means the Financial Guaranty Senior Facility Insurance Policy No. AB0822BE issued by the Insurer with respect to the Loans under the Credit Agreement pursuant to the Senior Facility Insurance Agreement, including any endorsement thereto.
Sample 1
Senior Facility Insurance Policy means the Financial Guaranty Insurance Policy No. AB0779BE issued by the Credit Enhancer with respect to the loans under the Credit Agreement pursuant to the Senior Facility Insurance Agreement, including any endorsement thereto.
Sample 1

Examples of Senior Facility Insurance Policy in a sentence

  • Abuse, Neglect and Domestic Violence – If we make such a disclosure, we will inform you of it, unless we think that informing you places you at risk of serious harm or is otherwise not in your best interest.Health Oversight Activities – The Practice may disclose your medical information to a Health Oversight Agency for activities authorized by law.

  • The Borrower may, by notice to the Administrative Agent and, so long as the Senior Facility Insurance Policy is in effect, the Insurer (such notice being an "Extension Notice") given no more than nine (9) months and no less than five (5) months prior to the Scheduled Commitment Termination Date, request that the Lenders extend the Commitment Termination Date from the Scheduled Commitment Termination Date to the Extension Date.

  • Any money held in such Senior Facility Insurance Policy Payment Account after payment in full of any Deficiency Amount (as defined in the Senior Facility Insurance Policy) in respect of any Scheduled Payment Date shall promptly be remitted to the Insurer.

  • The Administrative Agent shall deposit all amounts received from the Insurer under the Senior Facility Insurance Policy in the Senior Facility Insurance Policy Payment Account.

  • The only permitted withdrawal from or application of funds on deposit in, or otherwise to the credit of, the Senior Facility Insurance Policy Payment Account shall be to make the Scheduled Payments due on the Scheduled Payment Date in respect of which such funds are paid, to the extent such Scheduled Payments are not paid pursuant to this Agreement.

  • The Borrower shall promptly notify the Administrative Agent (who shall provide a copy of such notice to each Lender, Xxxxx'x and S&P) and, so long as the Senior Facility Insurance Policy is in effect, the Insurer when the Borrower elects not to be treated as, or becomes ineligible to be treated as, a regulated investment company for U.S. federal income tax purposes.

  • The Administrative Agent shall have received the Senior Facility Insurance Policy substantially in the form of Exhibit K hereto, dated the Closing Date, duly executed and delivered by the Insurer.

  • The Register shall be available for inspection by the Borrower, the Insurer (so long as the Senior Facility Insurance Policy is in effect) and any Lender, at any reasonable time and from time to time upon reasonable prior notice.

  • In the event of any such dispute as to the calculation of the Advance Amount or Market Value, as the case may be, the good faith, reasonable and mutually agreeable determination of the Required Lenders and, so long as the Senior Facility Insurance Policy is in effect, the Insurer shall be conclusive.

  • The Senior Facility Insurance Policy and any and all funds at any time on deposit in, or otherwise to the credit of, the Senior Facility Insurance Policy Payment Account shall be held in trust by the Administrative Agent for the benefit of the Lenders.

Related to Senior Facility Insurance Policy

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Life Insurance Policy has the meaning given in Section 6.11.

  • R&W Insurance Policy has the meaning set forth in Section 6.15.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Blanket insurance policy means a group policy covering a defined class of

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Credit property insurance means insurance:

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Reimbursement insurance policy means a policy of insurance

  • Casualty insurance means liability insurance.

  • Property Insurance is defined in Section 6.10(a).

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Bond Insurance Policy means the municipal bond insurance policy, if any, issued by the Bond Insurer that guarantees payment of principal of and interest on the Bonds and constitutes a Bond Facility under the Indenture.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.