INSURING definition

INSURING means, with respect to a FFELP Loan, the insuring by the Secretary of Education (as evidenced by a Certificate of Insurance or other document or certification issued under the provisions of the Higher Education Act) under the Higher Education Act of the principal of and accrued interest on such FFELP Loan to the maximum extent permitted under the Higher Education Act for FFELP Loans originated, held and serviced in full compliance with the Higher Education Act.

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INSURING means, with respect to an Eligible Loan, the insuring by the Secretary (as evidenced by a Certificate of Insurance or other document or certification issued under the provisions of the Higher Education Act) under the Higher Education Act of all or a portion of the principal of and accrued interest on such Eligible Loan.

INSURING means, with respect to a loan to an Eligible Borrower the insuring by the Secretary of Education (as evidenced by a Certificate of Insurance or other document or certification issued under the provisions of the Higher Education Act) under the Higher Education Act, of 100% of the principal of and accrued interest on such loan.

Examples of INSURING in a sentence

Insuring clauses for both bodily injury and property damage shall provide coverage on an occurrence basis.
Notwithstanding the foregoing, if the required insurance was not in force or the insurance proceeds are not sufficient to effect such repair, the Insuring Party shall promptly contribute the shortage in proceeds (except as to the deductible which is Lessee's responsibility) as and when required to complete said repairs.
Since Lessor is the Insuring Party, Lessor shall not be required to insure Lessee-Owned Alterations and Utility Installations unless the item in question has become the property of Lessor under the terms of this Lease.
Notwithstanding the foregoing, if the required insurance was not in force or the insurance proceeds are not sufficient to effect such repair, the Insuring Party shall promptly contribute the shortage in proceeds as and when required to complete said repairs.
Each Insuring Interconnected Entity shall be responsible for its respective deductibles or retentions.
Each Insuring Constructing Entity shall be responsible for its respective deductibles or retentions.
The Insuring Party shall obtain and keep in force a policy or policies in the name of Lessor, with loss payable to Lessor, any groundlessor, and to any Lender(s) insuring loss or damage to the Premises.
The Insuring Party shall obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one (1) year.
Since Lessor is the Insuring Party, Lessor shall not be required to insure Lessee Owned Alterations and Utility Installations unless the item in question has become the property of Lessor under the terms of this Lease.
If the Lessor is the Insuring Party, the Lessor shall not be required to insure Lessee Owned Alterations and Utility Installations unless the item in question has become the property of Lessor under the terms of this Lease.

More Definitions of INSURING

INSURING means, with respect to a Student Loan, the insuring by the Secretary of Education (as evidenced by a Certificate of Insurance or other document or certification issued under the provisions of the Higher Education Act) under the Higher Education Act of one hundred percent (100%) of the principal of and accrued interest on such Student Loan; provided, however, that a Student Loan for which an application for insurance commitment was received by the Secretary of Education prior to March 1, 1973, shall be deemed Insured if insured by the Secretary of Education to the extent of one hundred percent (100%) of the principal amount of such Student Loan.

INSURING. PARTY: Lessee is the "INSURING PARTY" unless otherwise stated herein. (See also Paragraph 8)

INSURING means, when used with respect to a Student Loan, the insuring by the Secretary of Education of (i) if the Student Loan was originated before October 1, 1993, one hundred percent (100%) and (ii) if the Student Loan was originated on or after October 1, 1993, ninety- eight percent (98%) of the principal of and accrued interest on such Student Loan.

INSURING means, with respect to a Student Loan, insurance by the Secretary under the Act (as evidenced by a Contract of Insurance issued or entered into under the provisions of the Act) of the maximum percentage of the principal of such Student Loan allowed by the Act, and, during such time as such Student Loan is not entitled to Interest Benefit Payments, the interest on such Student Loan.