Insured Payments

Example Definitions of "Insured Payments"
Insured Payments. Shall mean, (i) with respect to any Distribution Date, the aggregate amount actually paid by the Insurer to, or at the direction of, the Indenture Trustee in respect of Policy Claim Amounts for such Distribution Date and (ii) the aggregate amount of any Preference Amounts paid by the Insurer on any given Business Day.
Found in TRIAD AUTOMOBILE RECEIVABLES TRUST 2003-A contract
Insured Payments. Shall mean, (i) with respect to any Distribution Payment Date, the aggregate amount actually paid by the Insurer to, or at the direction of, the Indenture Trustee in respect of Policy Claim Deficiency Amounts for such Distribution Payment Date and (ii) the aggregate amount of any Preference Amounts paid by the Insurer on any given Business Day.
Found in Capital One Auto Receivables LLC contract
Insured Payments. Shall mean, (i) with respect to any Distribution Date, the aggregate amount actually paid by the Insurer to, or at the direction of, the Indenture Trustee in respect of the amounts set forth in clause (i) of the definition of Policy Claim Amounts for such Distribution Date and (ii) the aggregate amount of any Preference Amounts paid by the Insurer on any given Business Day.
Found in UPFC Auto Receivables Trust 2006-B contract
Insured Payments. Shall mean, (i) with respect to any Distribution Payment Date, the aggregate amount actually paid by the Insurer to, or at the direction of, the Indenture Trustee in respect of Policy Claim Amounts for such Distribution Payment Date and (ii) the aggregate amount of any Preference Amounts paid by the Insurer on any given Business Day.
Found in Capital One Auto Receivables LLC contract
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