Credit Insurance Policy definition

Credit Insurance Policy means a credit insurance policy naming the Borrower as insured and the Administrative Agent as an additional insured, which policy insures the payment of Pool Receivables owing by one or more Obligors.

Credit Insurance Policy means a foreign accounts receivable credit insurance policy payable to the Administrative Agent, for the benefit of the Secured Parties, and issued by an insurer reasonably acceptable to the Administrative Agent and containing terms and provisions (including, without limitation, coverage amounts, limits, deductibles and exclusions from coverage) acceptable to the Administrative Agent in its sole discretion.

Credit Insurance Policy. The Credit Insurance Policy issued by the Credit Insurer with respect to certain Mortgage Loans identified in the Mortgage Loan Schedule.

Examples of Credit Insurance Policy in a sentence

• DEFINITIONS; RULES OF CONSTRUCTION 29EXHIBIT A: Form of Trust Agreement 39EXHIBIT B: Form of Monthly Servicing Report/Notice of Claim 40EXHIBIT C: Loss Calculation Example 43SCHEDULE 1 REQUIRED COLLATERAL PERCENTAGE 44 Aggregate Excess of Loss Credit Insurance Policy Various provisions in this Policy restrict coverage.

• DEFINITIONS 20Exhibit A: Form of Monthly Servicing Report/Notice of Claim 29Exhibit B: Loss Calculation Example 32 Aggregate Excess of Loss Credit Insurance Policy Various provisions in this Policy restrict coverage.

• By this contract (the "Contract") the Company cedes to the Reinsurer and the Reinsurer hereby accepts, assumes liability for, and reinsures the Company's 100% share in the interests and liabilities arising out of directly or indirectly, in whole or in part or in connection with the Aggregate Excess of Loss Credit Insurance Policy (policy number ), effective January 1, 2020 (hereinafter referred to as the "Policy") issued to Federal National Mortgage Association (hereinafter referred to as the "Insured").

• By this contract (the "Contract") the Company cedes to the Reinsurer and the Reinsurer hereby accepts, assumes liability for, and reinsures the Company's 100% share in the interests and liabilities arising out of directly or indirectly, in whole or in part or in connection with the Aggregate Excess of Loss Credit Insurance Policy (policy number ), effective February 1, 2020 (hereinafter referred to as the "Policy") issued to Federal National Mortgage Association (hereinafter referred to as the "Insured").

• Temperature refers to the mean temperature for the day in Fahrenheit degrees to tenths while overall depth of snow is expressed in inches to tenths.The raw data is then deseaonalised as frequently done in the weather literature in finance to capture the weather shocks.

More Definitions of Credit Insurance Policy

Credit Insurance Policy means the credit insurance policy of the Credit Insurer subscribed by each French Seller with the Credit Insurer in relation to the Transferred Receivables.

Credit Insurance Policy means the credit insurance policy of the Credit Insurer subscribed by the Company with the Credit Insurer in relation to the Transferred Receivables.

Credit Insurance Policy means (a) the credit insurance policy, dated as of August 1, 2008, issued by Atradius N.V., covering 95% of the political risk and 90% of the commercial risk of the applicable Eligible Offtakers, and any renewal thereof in favor of the Borrower having substantially the same terms and provisions including, in respect of a Person that is obligated with respect to a Designated Receivable and to the extent that such Person is not otherwise an Eligible Offtaker, a notice providing for the payment of claims related to such Designated Receivable directly to the Export Collateral Account or (b) any Substitute Insurance Policy.

Credit Insurance Policy. (Polizze Credito) means any insurance policy issued in respect of certain Claims, covering the risk of default of the relevant Borrower to its obligations under the Loan Agreements.

Credit Insurance Policy. The credit insurance policy provided by the Credit Insurance Provider with respect to the [________] Covered Loans having an initial amount of coverage equal to $[__________], and including any and all related endorsements, copies of which are attached hereto as Exhibit BB-1, or any replacement obtained by [________] pursuant to Section 3.23 hereof.

Credit Insurance Policy means a credit insurance policy naming the Administrative Agent, any Purchasers and/or the SPV as insured, which policy insures the payment of certain Receivables owing by one or more Obligors.

Credit Insurance Policy means an export credit insurance policy in favor of the Borrower covering risk of default and insolvency of export customers.