Collateral Insurance definition
Collateral Insurance shall have the meaning set forth in Section 4.4(a).
Collateral Insurance means an insurance policy solely or primarily intended to provide security for a loan or to insure collateral for a loan.
Collateral Insurance. The insurance policy maintained by the Servicer, or indemnification obligation of the Servicer in lieu of such insurance policy, pursuant to Section 3.4(e).
Examples of Collateral Insurance in a sentence
The Servicer may cause itself or the Indenture Trustee to be named as named insured under all policies of Collateral Insurance.
Costs incurred by the Servicer in maintaining such Collateral Insurance shall be paid by the Servicer.
More Definitions of Collateral Insurance
Collateral Insurance shall have the meaning specified in Section 4.4(b).
Collateral Insurance means a vendor's single interest or other collateral protection insurance policy with respect to Financed Vehicles, which policy by its terms insures against physical damage in the event any Obligor fails to maintain physical damage insurance with respect to the related Financed Vehicle.
Collateral Insurance. The meaning set forth in Section 3.4(a).
Collateral Insurance shall have the meaning set forth in Section -------------------- 2.4
Collateral Insurance has the meaning set forth in Section 5.4(a) of the -------------------- Sale and Servicing Agreement.
Collateral Insurance. As defined in Section 9.5(a).
Collateral Insurance. As defined in Section 3.4(a).