PMI definition

PMI means the default insurance provided by private mortgage insurance companies.

Examples of PMI in a sentence

  • Before using any approved AMOC on any airplane to which the AMOC applies, notify your principal maintenance inspector (PMI) or principal avionics inspector (PAI), as appropriate, or lacking a principal inspector, your local Flight Standards District Office.

  • If such PMI Policy is terminated as a result of such assumption or substitution of liability, the Servicer shall obtain a replacement PMI Policy as provided above.

  • The Servicer shall not take any action which would result in noncoverage under any applicable PMI Policy of any loss which, but for the actions of the Servicer would have been covered thereunder.

  • All provisions of such PMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid.

  • In the event that such PMI Policy shall be terminated, the Servicer shall obtain from another Qualified Insurer a comparable replacement policy, with a total coverage equal to the remaining coverage of such terminated PMI Policy, at substantially the same fee level.


More Definitions of PMI

PMI has the meaning specified in the preamble.
PMI is defined in the Preamble to this Agreement.
PMI means PMI Mezzanine Fund, L.P.
PMI means Prosper Marketplace, Inc., a Delaware corporation.
PMI. PMI Mortgage Insurance Co., or any successor thereto.
PMI means PMI Gold Corporation, a company existing under the laws of the Province of British Columbia, Canada;
PMI means P.M.I. Comercio Internacional, S.A. de C.V., a corporation --- organized under the laws of Mexico.