Sinosure Policy definition

Sinosure Policy means the buyer’s export credit insurance policy issued or to be issued by Sinosure in respect of the Vessel and providing in the aggregate political and commercial cover for ninety five per cent (95%) of the Loan outstanding from time to time and accrued interest thereunder, in form and substance satisfactory to the Lenders.
Sample 1Sample 2
Sinosure Policy means an export credit insurance policy with the effective date of 18 December 2014 and issued by Sinosure (as amended and supplemented by a Sinosure consent (No. LBA2014044-01) dated 1 July 2016 and a Sinosure consent (No. LBA2014044 – PD02) dated 1 September 2017 and further amended and supplemented from time to time, including by an addenda of the policy in respect of the Amendment and Restatement Agreement) which insures certain political and commercial risks in respect of the Facility and provides a minimum pay-out ratio of ninety-five per cent (95%) of all of the principal and interest (other than the Relevant Interest Portion) under the Facility.
Sample 1Sample 2
Sinosure Policy means the insurance cover provided by Sinosure for the benefit of the Export-Import Bank of China under the loan agreement between the Export-Import Bank of China and GPB (OJSC).
Sample 1

Examples of Sinosure Policy in a sentence

  • The chairs have substantial authority over the functioning of the committees.

  • In order to secure the residual commercial risk post ex-Sinosure Policy (as Sinosure Policy would only cover 65% commercial risk), a Commercial Risk Guarantee structure has been finalized among the Chinese lenders, local lenders and Sponsors.

Related to Sinosure Policy

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • 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.

  • The Policy means any insurance policy held by the Landlord for the Property or the Fixtures and Fittings.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • Certificate Insurance Policy The Certificate Guaranty Insurance Policy No. AB1094BE, dated the Closing Date, including any endorsements thereto issued by the Certificate Insurer to the Trustee for the benefit of the Holders of the Insured Certificates, a form of which is attached as Exhibit L hereto.

  • 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.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • Life Insurance Policy has the meaning given in Section 6.10.

  • Mortgage Policy has the meaning specified in Section 4.01(a)(iv)(B).

  • Mortgage Policies has the meaning specified in Section 6.13(b)(ii).

  • Fair Use Policy means the fair use policy governing the Support Services attached in Exhibit 1, as may be amended by WSP from time to time.

  • Applicable Policy means any rules, policies, directives, standards of practice or Program Parameters issued or adopted by the Funder, the Ministry or other ministries or agencies of the province of Ontario that are applicable to the HSP, the Services, this Agreement and the parties’ obligations under this Agreement during the term of this Agreement. Without limiting the generality of the foregoing, Applicable Policy includes the other documents identified in Schedule C;

  • Reimbursement insurance policy means a policy of insurance

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

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

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • D&O Policy has the meaning set forth in Section 6.18(b).

  • R&W Policy means a representation and warranty insurance policy for the benefit of Buyer obtained in connection with this Agreement on the terms described on Schedule 1.01 of the Buyer Disclosure Schedule.

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

  • Applicable Policies means the policies, bylaws, directives, regulations, guidelines, codes of conduct, rules, systems and procedures of AHS listed in Schedule “F” attached.

  • Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • 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.

  • 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.

  • Bond Insurance Policy means the financial guaranty insurance policy issued by the Bond Insurer insuring the payment when due of the principal of and interest on the Bonds as provided therein.