Insurer Premium definition

Insurer Premium any monthly premium fees due and payable to the --------------- Insurer pursuant to the Insurance Agreement.

Insurer Premium. With respect to the Series 2006-1 Notes and any Payment Date, the premium payable in arrears to the Insurer pursuant to the Insurance Premium Fee Letter.

Insurer Premium. With respect to the Insured Certificates, the premium payable to the Certificate Insurer on each Distribution Date in an amount equal to one-twelfth of the product of the Insurer Premium Rate and the aggregate Certificate Principal Balance of the Insured Certificates immediately prior to such Distribution Date.

Examples of Insurer Premium in a sentence

• The Insurer Premium for each Distribution Date shall be calculated on the basis of a 360-day year consisting of twelve 30-day months.

• In addition, on each Payment Date, after the Noteholders have been paid all amounts to which they are entitled, the Note Insurer will be entitled to be reimbursed for any unreimbursed draws under the Insurance Policy, paid Note Insurer Premium (each with interest thereon at the "Late Payment Rate" specified in the Insurance Agreement) and any other amounts owed under the Insurance Policy.

• RBMG, the Servicer, the Company, Funding Co., the Depositor and the Indenture Trustee shall make all payments of Bond Insurer Premium to be made by them by wire transfer to an account designated from time to time by the Insurer by written notice to RBMG, the Servicer, the Company, Funding Co., the Depositor and the Indenture Trustee.

• After consulting with BCS, the Board deems it to be in the best interests of the Company to purchase term life insurance policies from the following life insurance companies: First Year Face Insured Insurer Premium Amount J.

• The Bond Insurer Premium shall be calculated according to paragraph 1(a) of the Commitment for the amount due on or before the Date of Issuance and paragraph 1(b) of the Commitment for the amount due on each Payment Date.

More Definitions of Insurer Premium

Insurer Premium. With respect to any Payment Date and any Series of Notes, as defined in the applicable Series Supplement.

Insurer Premium. With respect to the Class A-I-6B Certificates, the premium payable to the Insurer on each Distribution Date in an amount equal to one-twelfth of the product of the Insurer Premium Rate and the Certificate Principal Balance of the Class A-I-6B Certificates immediately prior to such Distribution Date.

Insurer Premium. With respect to any Distribution Date and each Class --------------- of the Class A Certificates, an amount equal to one-twelfth of the product of the Insurer Premium Rate and the aggregate Certificate Principal Balance of such Class of Certificates immediately prior to such Distribution Date.

Insurer Premium. The Policy premium payable pursuant to Section 8.10(b) of the Indenture.

Insurer Premium. With respect to any Distribution Date and the Group I Senior Certificates, an amount equal to the product of (a) the aggregate Certificate Principal Balance of the Group I Senior Certificates as of such Distribution Date (prior to giving effect to any distributions thereon on such Distribution Date), (b) the Premium Percentage and (c) a fraction, the numerator which is the number of days elapsed in the related Interest Accrual period and the denominator which is 360.

Insurer Premium means the premium payable in accordance with Section 3.02 hereof.

Insurer Premium means the premium due to the Securities Insurer on each Distribution Date, which amount shall be equal to the product of the Insurer Premium Rate and the Outstanding Amount immediately prior to such Distribution Date.