Bond Insurer definition

Bond Insurer means any insurance company which issues a municipal bond insurance policy insuring the payment of principal of and interest on the Refunding Bonds.
Bond Insurer means any party, other than the City, that has issued a Bond Insurance Policy.

Examples of Bond Insurer in a sentence

  • Any agreement or covenant required herein to be performed by or on behalf of the Authority or any member, officer or employee thereof shall be for the sole and exclusive benefit of the Authority, the Trustee, the Bond Insurer and the Bondholders.

  • Nothing contained herein, expressed or implied, is intended to give to any person other than the Authority, the Trustee, the Bond Insurer and the Bondholders any right, remedy or claim under or by reason hereof.

  • To the extent that this Trust Agreement confers upon or gives or grants to the Bond Insurer any right, remedy or claim under or by reason of this Trust Agreement, the Bond Insurer is hereby explicitly recognized as being a third-party beneficiary hereunder and may enforce any such right, remedy or claim conferred, given or granted hereunder.


More Definitions of Bond Insurer

Bond Insurer means Financial Guaranty Insurance Company, a New York stock insurance company, or any successor thereto.
Bond Insurer means a financial guaranty insurance company, if any, or any successor thereto which insures the Bonds as provided in the Certificate of Determination.
Bond Insurer means Ambac, MBIA, or any other provider of credit insurance or note insurance with respect to the obligations of the Purchaser Trust.
Bond Insurer. Ambac Assurance Corporation, a Wisconsin-domiciled stock insurance corporation, any successor thereto or any replacement bond insurer substituted pursuant to Section 3.30 of the Indenture.
Bond Insurer means Ambac Assurance Corporation, a Wisconsin-domiciled stock insurance company, or any successor thereto.
Bond Insurer means the insurer, if any, of any Series of the Bonds.
Bond Insurer means with respect to Additional Bonds, the entity set forth in the supplemental resolution authorizing such Additional Bonds.