Insured Debtor definition

Insured Debtor means [tba], a company with limited liability incorporated [tba];
Sample 1
Insured Debtor means an accountholder of the Credit Facility who has been nominated by the Creditor and accepted by the INSURER for insurance and with respect to whom the Creditor shall have remitted premium to the INSURER.
Sample 1
Insured Debtor means [];
Sample 1

Examples of Insured Debtor in a sentence

  • Insurance -- Subrogation -- Right of Insured Debtor and Creditor to Insurance MoneyJ.

  • FALDCF - POD - 10/08 AUTHORIZATION FOR RELEASE OF INFORMATION FROM THE CREDITOR BENEFICIARY (LIENHOLDER) ON THE LOAN ACCOUNT OF DECEASED INSURED DEBTOR I hereby authorize: ,Creditor Company (Creditor Beneficiary) to release and furnish FIRST ASSURANCE LIFE OF AMERICA of Baton Rouge, Louisiana, or its representatives, any and all protected loan account information concerning the account of: , ,(Name of the Deceased Insured Debtor) (Loan Account #) .

  • Moreover, within periods of methadone treat- ment there is a swift decline in risk from first to fourth week, followed by a stable trend, whereas after cessa- tion there is a high but quite stable risk during the first four weeks and a progressive decline afterward.

  • An investor may not be able to reinvest the redemption proceeds in another investment at the time that provides an equivalent return.

  • In case of Permanent Disablement of the Insured Debtor, thrice the amount of the Insured Debtor’s Indebtedness as defined herein.

  • The amount collected from the Insured Debtor by the Creditor for the insurance provided in this Policy shall in no case be more than the aggregate of the premiums charged by the INSURER.

  • Note, however, that each certificate of insurance specifically states that “[t]he maximum aggregate Total Disability benefit payable to any Insured Debtor under this and all other certificates is .

  • Insured Debtor shall always take place in accordance with the payment waterfall contained in amongst others clauses 3 and 4 of the Intercreditor Agreement.

  • At the end of 2016, the assets (Php13.9 Trillion18) of the banking system accounted for 96%19 of the Gross Domestic Product (GDP) of the country (Php14.5 Trillion).

  • The Creditor shall remit to THE INSURER the required documentary stamp taxes (DST) for the insurance coverage of the Insured Debtor.


More Definitions of Insured Debtor

Insured Debtor means all Debtors in respect of which the Seller has taken out a Policy.
Sample 1
Insured Debtor means the Seller’s client and/or any other entity of whatever capacity or association therewith who performs for its account any of the acts required for the execution of the Sale Contract, provided:
Sample 1

Related to Insured Debtor

  • Insured Claim means any Claim arising from an incident or occurrence alleged to have occurred prior to the Effective Date that is covered under an insurance policy applicable to the Debtors or their businesses.

  • Insured Person s year” means a year from the date of commencement of the insured person’s policy, or from the anniversary date of the commencement of the insured person.

  • Insured Claims means those Liabilities that, individually or in the aggregate, are covered within the terms and conditions of any of the Shared Policies, whether or not subject to deductibles, co-insurance, uncollectibility or retrospectively-rated premium adjustments.

  • Insured Contract means any written:

  • Contingent Liability means any agreement, undertaking or arrangement by which any Person guarantees, endorses or otherwise becomes or is contingently liable upon (by direct or indirect agreement, contingent or otherwise, to provide funds for payment, to supply funds to, or otherwise to invest in, a debtor, or otherwise to assure a creditor against loss) the indebtedness, obligation or any other liability of any other Person (other than by endorsements of instruments in the course of collection), or guarantees the payment of dividends or other distributions upon the shares of any other Person. The amount of any Person’s obligation under any Contingent Liability shall (subject to any limitation set forth therein) be deemed to be the outstanding principal amount (or maximum outstanding principal amount, if larger) of the debt, obligation or other liability guaranteed thereby.

  • In-Orbit Insurance means, with respect to any Satellite (or, if the entire Satellite is not owned by the Issuer or any Restricted Subsidiary, as the case may be, the portion of the Satellite it owns or for which it has risk of loss), insurance (subject to a right of co-insurance in an amount up to $150.0 million) or other contractual arrangement providing for coverage against the risk of loss of or damage to such Satellite (or portion, as applicable) attaching upon the expiration of the launch insurance therefor (or, if launch insurance is not procured, upon the initial completion of in-orbit testing) and attaching, during the commercial in-orbit service of such Satellite (or portion, as applicable), upon the expiration of the immediately preceding corresponding policy or other contractual arrangement, as the case may be, subject to the terms and conditions set forth in this Indenture.

  • Insured means the Executive.

  • Material Insurance Subsidiary means a Material Subsidiary that is also an Insurance Subsidiary.

  • Self-insured employer means an employer or group of employers certified under ORS

  • Insurer means a person who insures or guarantees for the benefit of the mortgagee all or any portion of the risk of loss upon borrower default on any of the mortgage loans originated, purchased or serviced by the Company or any of its Subsidiaries, including the Federal Housing Administration, the United States Department of Veterans’ Affairs, the Rural Housing Service of the U.S. Department of Agriculture and any private mortgage insurer, and providers of hazard, title or other insurance with respect to such mortgage loans or the related collateral.

  • Insured Persons means the person/s named in the Schedule to the Policy, who is/are Indian Resident /s and for whom the insurance is also proposed and appropriate premium paid.

  • Contingent Load means Load payable by the Unit Holder at actual basis to the extent of loss incurred by fund due to disinvestments if Units are redeemed by any major Unit Holder in such period of time that the Management Company believes may adversely affect the interest of other Unit Holder(s). Any Contingent Load received will form part of the Trust Property.

  • Self-insured retention means the individual own risk employer's or group self-insurance association's retained amount of risk under a specific excess insurance policy, before the liability is transferred to an insurance carrier.

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.

  • Covered policy means a policy of commercial risk insurance, professional liability insurance or public entity insurance.

  • Underinsured motor vehicle means a land motor vehicle or trailer of any type to which a bodily injury liability bond or policy applies at the time of the accident but its limit for bodily injury liability is either:

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

  • Insured Event shall have the meaning given such term in Section 12.4.

  • Insured Amount As defined in the Policy.

  • Sum Insured means the sum as specified in the Schedule to this Policy against the name of Insured / each Insured Person, which sum represents the Company's maximum liability for any or all claims under this Policy during the Policy period for the respective benefit(s) against which the sum is mentioned in the Schedule to this Policy.

  • Contingent Obligation means, as to any Person, any direct or indirect liability, contingent or otherwise, of that Person with respect to any indebtedness, lease, dividend or other obligation of another Person if the primary purpose or intent of the Person incurring such liability, or the primary effect thereof, is to provide assurance to the obligee of such liability that such liability will be paid or discharged, or that any agreements relating thereto will be complied with, or that the holders of such liability will be protected (in whole or in part) against loss with respect thereto.

  • Insurance carrier means every insurance carrier duly

  • Controlled Group Liability means any and all liabilities (i) under Title IV of ERISA, (ii) under Section 302 of ERISA, (iii) under Sections 412 and 4971 of the Code, and (iv) as a result of a failure to comply with the continuation coverage requirements of Section 601 et seq. of ERISA and Section 4980B of the Code.

  • Reassured shall be understood to mean “Company”, “Reinsured”, “Reassured” or whatever other term is used in the attached reinsurance document to designate the reinsured company or companies.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • Insured Depository Institution Insured Depository Institution shall have the meaning ascribed to such term by Section 1813(c)(2) of Title 12 of the United States Code, as amended from time to time.