NIM Insurer definition

NIM Insurer. Any insurer guarantying at the request of Countrywide certain payments under notes backed or secured by the Class C or Class P Certificates.
NIM Insurer. Any insurer guarantying at the request of CHL certain payments under notes backed or secured by the Class C or Class P Certificates.
NIM Insurer. Any insurer guarantying at the request of the Seller certain payments under the NIM Notes.

Examples of NIM Insurer in a sentence

  • Each of the Sellers, the Master Servicer, the NIM Insurer and the Depositor are entitled to indemnification of certain expenses as described in this prospectus supplement under “ — Certain Matters Regarding the Master Servicer, the Depositor, the Sellers and the NIM Insurer”.Distributions General.

  • In making this argument, Ms. Jepson relies on section 10.01 of the PSA, which states that “[t]he Trustee, the Depositor, the Master Servicer and the Sellers with the consent of the NIM Insurer may … amend this Agreement, without the consent of the Certificateholders.”9 Ms. Jepson contends that if the Certifi‐ cateholders cannot amend the agreement, they cannot ratify ultra vires assignments.Upon closer inspection of the PSA, however, Ms. Jepson’s argument falls short.

  • Although the contract requires BNYM to give notice to the NIM Insurer, Plaintiffs do not base their claim on lack of notice to the NIM Insurer.

  • Amendment The Pooling and Servicing Agreement may be amended by the Depositor, the Master Servicer, the Sellers and the Trustee, with the consent of the NIM Insurer but without the consent of any of the certificateholders, for any of the purposes set forth under “The Agreements — Amendment” in the prospectus.

  • Amendment The Pooling and Servicing Agreement may be amended by the Depositor, the Master Servicer, the Sellers and the Trustee and the Co-Trustee, with the consent of the NIM Insurer but without the consent of any of the certificateholders, for any of the purposes set forth under “The Agreements — Amendment” in the prospectus.


More Definitions of NIM Insurer

NIM Insurer. Any of the one or more insurers that is guaranteeing certain payments under any NIM Notes.
NIM Insurer. Any insurer guarantying at the request of the Depositor or one of its Affiliates certain payments under the NIM Securities. NIM Issuer: The entity established as the issuer of the NIM Securities.
NIM Insurer. Any insurer guarantying at the request of the Seller certain payments under notes backed principally by the Class C and/or Class P Certificates.
NIM Insurer. Any insurer guarantying at the request of the Seller certain payments under notes backed principally by the Class C and Class P Certificates. Non-Book-Entry Certificate: Any Certificate other than a Book-Entry Certificate.
NIM Insurer. Any insurer that is guaranteeing certain payments under notes secured by collateral which includes, among other things, all or a portion of the Class C Certificates and the Class P Certificates.
NIM Insurer. Radian Insurance Inc., a Pennsylvania stock insurance company, and its successors in interest.
NIM Insurer. Any insurer guarantying at the request of the Sponsor certain payments under notes backed or secured by any of (i) the Class I-C Certificates or Class I-P Certificates, (ii) the Class II-C Certificates or Class II-P Certificates or (iii) the Class III-C Certificates.