Collateral Insurance definition

Collateral Insurance shall have the meaning set forth in Section 4.4(a).
Collateral Insurance has the meaning specified in Section 4.4(a).
Collateral Insurance has the meaning set forth in Section 4.4(a).

Examples of Collateral Insurance in a sentence

  • Each Borrower has and will maintain at all times (a) with respect to the Collateral, insurance under an “all risk” policy against fire and other risks customarily insured against, and (b) public liability insurance and other insurance as may be required by law or reasonably required by Bank.

  • Thus, this problem does not arise in the case of supplementary insurance to more of the insurance company so that there is an element of the bad faith and unjust enrichment at the expense of believers, where effective proportionality between the amount of compensation with the amount of damage and loss caused to the already aware of him, as well as in the case of Collateral insurance certain percentages to the Bam insurance companies no more than the insured value of the object.

  • The Collateral insurance shall include a lender’s loss payee endorsement in favor of the Administrative Agent.


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 means an insurance policy solely or primarily intended to provide security for a loan or to insure collateral for a loan.
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 shall have the meaning specified in Section 4.4(b). --------------------
Collateral Insurance. The meaning set forth in Section 3.4(a).
Collateral Insurance shall have the meaning set forth in Section -------------------- 2.4(a).