Credit Enhancement Provider means, with respect to any Securities, any person issuing, funding or otherwise making available, for the benefit of Securityholders or any party to a Serviced Corporate Trust Contract, an asset as an enhancement of the credit quality or liquidity of any Securities or the mortgage assets or other assets pledged for or underlying such Securities, such as a letter of credit, surety bond, insurance policy, guaranty, reserve fund pledge or collateral undertaking.

Credit Enhancement Provider means the Collateral Interest Holder.

Credit Enhancement Provider shall have the meaning set forth in the Series Term Sheet.

Examples of Credit Enhancement Provider in a sentence

Each Co-Owner and, if applicable, Credit Enhancement Provider and the Seller shall acquire Ownership Interests and hold the Retained Interest, as applicable, subject to the terms of this Agreement and shall be so bound with respect to such Person’s ability to deal with such interests.
Except as provided in this Section, if such event occurs, the Custodian is not authorized to assert the rights and privileges of any Co-Owner, Credit Enhancement Provider, if applicable, and the Seller against the Servicer and has no duty to do so and the obligations of the Custodian as a result of any such event shall be limited to those contained in this Section.
Subject to Section 10.14, this Agreement may not be revoked by the Seller, any Co-Owner or any Credit Enhancement Provider.
Day dimension is described as by Google as “The day of the month from 01 to 31 (Google, 2010)”.
The Seller and each Co-Owner or Agent for a Series and each Credit Enhancement Provider shall execute and deliver such further assignments, conveyances and assurances as Counsel may advise are necessary to give full effect to, and to record, if necessary, transfers of the interest of the Co-Owners, the Credit Enhancement Providers and the Seller in the Account Assets.

More Definitions of Credit Enhancement Provider

Credit Enhancement Provider means, with respect to any Series, the Person, if any, designated as such in the related Supplement.

Credit Enhancement Provider with respect to any Series shall have the meaning specified in the applicable Series Supplement.

Credit Enhancement Provider means an obligor or transferor with respect to a Credit Enhancement in support of a Covered Agreement.

Credit Enhancement Provider means the person or entity providing or issuing a credit enhancement device.

Credit Enhancement Provider means the Person or Persons providing any Credit Enhancement, other than (except to the extent otherwise provided with respect to any Series in the Supplement for such Series) the Certificateholders of any Series or Class which is subordinated to another Series or Class.

Credit Enhancement Provider means, with respect to a Series of Bonds, the Insurer, commercial bank, pension fund, or other institution issuing (or having primary obligation, or acting as agent for the institutions obligated, under) a Credit Enhancement then in effect with respect to such Series of Bonds.

Credit Enhancement Provider means any “Credit Enhancement Provider” (as defined in the Pooling and Servicing Agreement).