Absolution from the instance definition
Absolution from the instance means the dismissal of a claim by the court because it could not make a decision in favour of one of the parties on the evidence submitted to it.)
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Related to Absolution from the instance
Insurance Add-On Amount means the premium charged to the Obligor in the event that the Servicer obtains Force-Placed Insurance pursuant to Section 4.4.
Special Hazard Coverage Termination Date The point in time at which the Special Hazard Loss Coverage Amount is reduced to zero.
Acceptable Insurance Default shall have the meaning assigned to such term or analogous term in the Servicing Agreement.
Notice of Replacement Subordination Agent has the meaning specified in Section 3.08.
Loss Payment Date has the meaning specified in Section 7.05(a) of the Indenture.