Collateral Insurance definition

Collateral Insurance shall have the meaning set forth in Section 4.4(a).
Collateral Insurance shall have the meaning specified in Section 4.4(b).
Collateral Insurance means an insurance policy solely or primarily intended to provide security for a loan or to insure collateral for a loan.

Examples of Collateral Insurance in a sentence

  • Costs incurred by the Servicer in maintaining such Collateral Insurance shall be paid by the Servicer.

  • The Servicer shall cause itself or an Originating Affiliate, and may cause the Trust Collateral Agent (which may be accomplished by the use of a properly registered DBA name in the applicable jurisdiction), to be named as named insured under all policies of Collateral Insurance.


More Definitions of Collateral Insurance

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).
Collateral Insurance. The meaning set forth in Section 3.4(a).
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 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. As defined in Section 9.5(a).
Collateral Insurance has the meaning set forth in Section 5.4(a) of the -------------------- Sale and Servicing Agreement.
Collateral Insurance is defined in Section 4.4(a) of the Agreement.