MIG Policies definition

MIG Policies means the MIG insurance policy identified in paragraph 1 of Schedule 4 (Insurance Contracts) to the Mortgage Sale Agreement and any endorsements or extensions thereto as issued from time to time and any additional, replacement or substitute MIG insurance policy which relates to the Mortgage Loans in the Mortgages Portfolio from time to time;
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MIG Policies means the mortgage indemnity guarantee policies written by General Accident Fire and Life Assurance Corporation PLC, GE Capital Mortgage (UK) Limited, Royal & Sun Alliance Insurance plc and Halifax Mortgage Re Limited in favour of the Seller, or any other mortgage indemnity guarantee policy as may be effected from time to time to cover the Seller in respect of New Loans and their Related Security, such other mortgage indemnity guarantee policy to provide such level of cover as would be acceptable to a Reasonable, Prudent Mortgage Lender at the date of such other policy;
Sample 1
MIG Policies means the mortgage indemnity guarantee policies written by General Accident Fire and Life Assurance Corporation PLC, GE Capital Mortgage (UK) Limited, Royal & Sun Alliance Insurance plc and Halifax Mortgage Re Limited in favour of the Seller, or any other mortgage indemnity guarantee policy as may be effected from time to time to cover the Seller in respect of New Loans and their Related Security, such other mortgage indemnity guarantee policy to provide such level of cover as would be acceptable to a Reasonable, Prudent Mortgage Lender at the date of such other policy; Minimum Seller Share means an amount included in the Current Seller Share which is calculated in accordance with clause 9.2 of the Mortgages Trust Deed and which, as at the 2007-1 Issuer Closing Date, was £2,297,203,394.39; Monthly CPR on any Normal Calculation Date means the total Principal Receipts received during the period of one month (or, if shorter, from and including the Initial Closing Date) ending on that Normal Calculation Date divided by the aggregate Outstanding Principal Balance of the Loans comprised in the Trust Property as at the immediately preceding Normal Calculation Date;
Sample 1

Examples of MIG Policies in a sentence

  • Notwithstanding anything to the contrary contained in this Deed or elsewhere, the Seller retains its right to cancel each or any of the MIG Policies and to reclaim the rebate of 41 <PAGE> premium (if any) upon the cancellation of the relevant MIG Policy or MIG Policies as the case may be.

  • The Mortgages Trustee with full title guarantee hereby conveys, transfers and assigns to the Seller absolutely all its right, title, interest and benefit in the HMRL MIG Policies to the extent that they relate to the Mortgages which are listed in SCHEDULE 2 to this Deed, and all moneys and proceeds to become payable under any of the same and all covenants relating thereto and all powers and remedies for enforcing the same.

  • He commented that those unfunded projects will be considered for FY09 to see if the IJs can be improved.

  • The Seller has agreed with the Mortgages Trustee to assign to the Mortgages Trustee the benefit of the HMRL MIG Policies to the extent that they relate to the Loans in the Portfolio.

  • Evaluation, CONOPS development, and tailoring, all involve interaction between the technology and the requirement it is designed to meet.

  • The Seller with full title guarantee hereby conveys, transfers and assigns to the Mortgages Trustee absolutely all its right, title, interest and benefit in the HMRL MIG Policies to the extent that they relate to the Mortgages which as at this date are comprised in the Portfolio, and all moneys and proceeds to become payable under any of the same and all covenants relating thereto and all powers and remedies for enforcing the same.

  • MIG Policies 6.1 Where applicable and prior to the Seller exercising its right to cancel the MIG Policies, the MIG Policies are in full force and effect in relation to the Portfolio and all premiums thereon have been paid.

  • The Seller has acquired the benefit of mortgage indemnity insurance policies brief details of which are set out in the Schedule to this Deed (the HMRL MIG Policies) from Halifax pursuant to the HBOS Group Reorganisation Act 2006.

  • An alternative method of arriving at this equilibrium setup is to allow the possibility but, as in Markusen, introduce fixed costs of constructing additional plants.

  • The Seller with full title guarantee hereby conveys, transfers and assigns to the Mortgages Trustee absolutely all its right, title, interest and benefit in the HMRL MIG Policies to the extent that they relate to the Mortgages which as at this date are comprised in the Portfolio, and all moneys and 50 <PAGE> proceeds to become payable under any of the same and all covenants relating thereto and all powers and remedies for enforcing the same.


More Definitions of MIG Policies

MIG Policies means the mortgage indemnity guarantee policies written by General Accident Fire and Life Assurance Corporation PLC, GE Capital Mortgage (UK) Limited, Royal & Sun Alliance Insurance Plc and Halifax Mortgage Re Limited in favour of the Seller, or any other mortgage indemnity guarantee policy as may be effected from time to time to cover the Seller in respect of New Loans and their Related Security, such other mortgage indemnity guarantee policy to provide such level of cover as would be acceptable to a reasonable, prudent mortgage lender at the date of such other policy;
Sample 1
MIG Policies means the MIG insurance policy identified in paragraph 1 of Schedule 4 (INSURANCE CONTRACTS) to the Mortgage Sale Agreement and any endorsements or extensions thereto as issued from time to time and any additional, replacement or substitute MIG insurance policy which relates to the Mortgage Loans in the Mortgages Portfolio from time to time;
Sample 1

Related to MIG Policies

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • D&O Policies has the meaning set forth in Section 8.06.

  • Servicer Policies and Practices means, with respect to the Servicer’s duties under Exhibit A to the Servicing Agreement, the policies and practices of the Servicer applicable to such duties that the Servicer follows with respect to comparable assets that it services for itself and, if applicable, others.

  • Consensus Policies are those policies established (1) pursuant to the procedure set forth in ICANN’s Bylaws and due process, and (2) covering those topics listed in Section 1.2 of this Specification. The Consensus Policy development process and procedure set forth in ICANN’s Bylaws may be revised from time to time in accordance with the process set forth therein.

  • Policies shall have the meaning specified in Section 6.1(b) hereof.

  • City Policies means any or all (as the context requires) of those procedures, standards and/or standard specifications, requirements, policies and the like listed in Schedule H or notified to the Supplier from time to time, as the same may be updated, modified, expanded, revised, supplemented and/or replaced from time to time by the City (as notified to the Supplier);

  • Privacy Policies has the meaning specified in Section 4.14(e).

  • Policies and Procedures means the written policies and procedures of the Client in any way related to the Services, including any such policies and procedures contained in the Organic Documents and the Offering Documents.

  • Environmental Guidelines means the environmental guidelines and occupational health and safety standards of the World Bank Group as in effect on [Bid Date].

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • Investment Policies has the meaning assigned to such term in Section 3.11(c).

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Safeguard Policy Statement or “SPS” means ADB's Safeguard Policy Statement (2009);

  • Procurement Guidelines means the “Guidelines: Procurement under IBRD Loans and XXX Credits” published by the Bank in May 2004 and revised in October, 2006.

  • Shared Policies has the meaning set forth in Section 8.1(b).

  • R&W Policy means a representation and warranty insurance policy for the benefit of Buyer obtained in connection with this Agreement on the terms described on Schedule 1.01 of the Buyer Disclosure Schedule.

  • Policyholder behavior means any action a policyholder, contract holder, or any other person with the right to elect options, such as a certificate holder, may take under a policy or contract subject to this section including but not limited to lapse, withdrawal, transfer, deposit, premium payment, loan, annuitization, or benefit elections prescribed by the policy or contract, but excluding events of mortality or morbidity that result in benefits prescribed in their essential aspects by the terms of the policy or contract.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • Prudent Utility Practices means those practices, methods, techniques and standards, that are generally accepted for use in electric utility industries taking into account conditions in India, and commonly used in prudent electric utility engineering and operations to design, engineer, construct, test, operate and maintain equipment lawfully, safely, efficiently and economically as applicable to power stations of the size, service and type of the Project, and that generally conform to the manufacturers' operation and maintenance guidelines.

  • Mandatory Policies means the following of our business policies and codes:

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Procurement Policy means ADB’s Procurement Policy - Goods, Works, Nonconsulting and Consulting Services (2017, as amended from time to time);

  • 2%/25% Guidelines has the meaning set forth in Section 13.

  • Reinsured Policies has the meaning assigned to it in the Reinsurance Agreement.

  • Claims Made Policies has the meaning set forth in Section 5.01(b).