Loan Insurance Policy definition

Loan Insurance Policy means, in respect of any Loan, a policy of insurance issued by a Loan Insurer, pursuant to which the Bank is insured by the Loan Insurer against default;

Loan Insurance Policy means the Loan Insurance Policy referred to in the Adoption Annex.

Loan Insurance Policy is the policy dated March 30, 2006, policy number GKA1180, issued by Loan Insurance Policy Provider to the Co-Trustee.

Examples of Loan Insurance Policy in a sentence

• The Indenture Trustee will, promptly upon receipt, deposit in the Payment Account and retain in it the aggregate amount remitted by the Master Servicer, any Sponsor Loss Coverage Amount paid to it by the Sponsor pursuant to the Sale and Servicing Agreement and any payments under the Loan Insurance Policy received from the Master Servicer pursuant to Section 6.15(c).

• The replacement policy will provide coverage equal to the then remaining coverage of the Loan Insurance Policy if available.

• The Master Servicer shall take whatever action is appropriate to maximize the amounts payable under the Loan Insurance Policy and to service the Mortgage Loans in the manner required by the Loan Insurance Policy.

• The Master Servicer shall prepare and submit all claims eligible for submission under the Loan Insurance Policy and shall perform all of the obligations of the insured under the Loan Insurance Policy other than those in Section 6.15(a) of the Indenture to be performed by the Co-Trustee.

• The Master Servicer will withdraw from the Collection Account, on the due date therefor any other amount owed to the Loan Insurance Policy Provider under the Loan Insurance Policy.

More Definitions of Loan Insurance Policy

Loan Insurance Policy means the Financial Guaranty Insurance Policy No. SF0881BE, dated as of the date hereof, made by the Loan Insurer to the Administrative Agent, for the benefit of the Construction Lenders, as beneficiary.

Loan Insurance Policy means, in respect of the Loan, a policy of insurance issued by a Loan Insurer, pursuant to which the Lender is insured by the Loan Insurer against default.

Loan Insurance Policy. The mortgage insurance policy issued by the Loan Insurance Policy Provider with respect to the Mortgage Loans.

Loan Insurance Policy is the policy dated September 29, 2005, policy number [?], issued by Loan Insurance Policy Provider to the Co-Trustee.

Loan Insurance Policy is the policy dated _______, 200_, policy number [________], issued by Loan Insurance Policy Provider to the Co-Trustee.

Loan Insurance Policy is the policy dated February 28, 2002, policy number 122-3555, issued by Loan Insurance Policy Provider to the Co-Trustee.

Loan Insurance Policy is the policy dated March 29, 2006, policy number GKA1180, issued by Loan Insurance Policy Provider to the Co-Trustee. The "Loan Insurance Policy Provider" is United Guaranty Residential Insurance Company of North Carolina.