R&W Policy means those certain buyer-side representations and warranties insurance policies purchased by Buyer in connection with this Agreement.
Lapsed Policy means a Policy which has not acquired the Surrender Value and where the due Premium has not been received till the expiry of the Grace Period.
Covered policy means a policy of commercial risk insurance, professional liability insurance or public entity insurance.
D&O Policy has the meaning set forth in Section 6.18(b).
Policy means Related Party Transaction Policy.
Group Policy /”policy” means the breakdown policy as set out in this document;
SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.
Reinsured Policies has the meaning assigned to it in the Reinsurance Agreement.
LPMI Policy A policy of primary mortgage guaranty insurance issued by a LPMI Insurer pursuant to which the related premium is to be paid from payments of interest made by the Mortgagor.
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.
Policy Provider means MBIA Insurance Corporation, or any successor thereto.
Bulk PMI Policy Not applicable.
PMI Policy A policy of primary mortgage guaranty insurance issued by a Qualified Insurer, as required by this Agreement with respect to certain Mortgage Loans.
D&O Policies has the meaning set forth in Section 8.06.
Shared Policies has the meaning set forth in Section 8.1(b).
Insurance Contract means a contract (other than an Annuity Contract) under which the issuer agrees to pay an amount upon the occurrence of a specified contingency involving mortality, morbidity, accident, liability, or property risk.
Life Insurance Policy has the meaning given in Section 6.10.
Loss in excess of policy limits means 90.0% of any amount paid or payable by the Company in excess of its policy limits, but otherwise within the terms of its policy, such loss in excess of the Company’s policy limits having been incurred because of, but not limited to, failure by the Company to settle within the policy limits or by reason of the Company’s alleged or actual negligence, fraud or bad faith in rejecting an offer of settlement or in the preparation of the defense or in the trial of an action against its insured or reinsured or in the preparation or prosecution of an appeal consequent upon such an action.
Blanket insurance policy means a group policy covering a defined class of
Fraud Loss Coverage Termination Date The point in time at which the Fraud Loss Coverage Amount is reduced to zero.
Insured Amounts means, with respect to any Distribution Date, the Deficiency Amount for such Distribution Date.