Insurance Policy definition

Insurance Policy. With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.
Insurance Policy means (i) any theft and physical damage insurance policy maintained by the Obligor under a Receivable, providing coverage against loss or damage to or theft of the related Financed Vehicle, and (ii) any credit life or credit disability insurance maintained by an Obligor in connection with any Receivable.
Insurance Policy means, with respect to a Receivable, any insurance policy (including the insurance policies described in Section 4.4 hereof) benefiting the holder of the Receivable providing loss or physical damage, credit life, credit disability, theft, mechanical breakdown or similar coverage with respect to the Financed Vehicle or the Obligor.

Examples of Insurance Policy in a sentence

  • Upon the agreement of a GMP, the Construction Manager will negotiate a Builder's Risk Insurance Policy.

  • The Company (a) is not in material default under any Insurance Policy and (b) has never been denied, nor been threatened denial for, insurance coverage.

  • If Resident does not maintain Minimum Required Insurance, the Minimum Required Insurance provision of the Lease may be satisfied by Landlord, who may schedule the Resident or their unit for coverage under the Landlord’s Required Resident Liability Insurance Policy (“LRRL”).

  • This Umbrella/Excess Insurance Policy will provide coverage before and not seek contribution from any self-insured additional insured or from any insurance policy, whether written to be primary or excess, that is issued to or that otherwise names or qualifies an Additional Insured as an insured, other than the Subcontractor’s CGL, Auto Liability and Employers Liability Policies.

  • In the event that evidence of Minimum Required Insurance is not so provided, the Resident will be charged under the Landlord’s Required Resident Liability Insurance Policy (“LRRL”).


More Definitions of Insurance Policy

Insurance Policy means, with respect to any Loan Asset, an insurance policy covering liability and physical damage to, or loss of, the Underlying Collateral.
Insurance Policy. With respect to a Receivable, an insurance policy covering (i) physical damage, theft, mechanical breakdown or similar event with respect to the related Financed Vehicle or (ii) credit life or credit disability with respect to the related Obligor.