Note Insurance Policy definition

Note Insurance Policy. The bond guaranty insurance policy number 21885, issued by the Note Insurer to the Indenture Trustee for the benefit of the Noteholders.

Note Insurance Policy means the financial guaranty insurance policy issued by the Note Insurer for the benefit of the Noteholders.

Note Insurance Policy means the Note Guaranty Insurance Policy dated the Closing Date issued by the Note Insurer with respect to the Notes.

Examples of Note Insurance Policy in a sentence

• Moreover, but if, and only in the event that, the payment of the Notes has been insured to the Registered Owners thereof by a duly issued and outstanding Note Insurance Policy, then the Sinking Fund Depository and any successor shall be, and remain at all times, acceptable to the Insurer, who shall be empowered to request the appointment of a successor for cause shown.

• No provisions of this Debt Ordinance, the Debt Act or otherwise arising at law or in equity for the enforcement of claims by Registered Owners for the payment of either principal or interest in respect of the Notes shall be effectuated without the consent of the Insurer, so long as the terms of the Note Insurance Policy are being fully met and satisfied.

• In the event that the principal and/or interest on the Notes shall be paid by the Insurer pursuant to the Note Insurance Policy, all covenants, agreements and other obligations of the Local Government Unit to the Registered Owners of the Notes, under this Debt Ordinance and under the Debt Act, shall continue to exist and shall run to the benefit of the Insurer, who shall be subrogated to the rights of such Registered Owners.

• We will continue to push for that to happen and if we are successful Digital Library staff will be available to support the State Librarian in that role.

More Definitions of Note Insurance Policy

Note Insurance Policy. The financial guarantee insurance policy, number 04030011, and all endorsements thereto dated the Closing Date, issued by the Note Insurer for the benefit of the Noteholders.

Note Insurance Policy. The Financial Guaranty Insurance Policy No. 50824-N, all endorsements thereto dated the Closing Date, issued by the Note Insurer for the benefit of the Noteholders.

Note Insurance Policy. The Financial Guaranty Insurance Policy (No. 50702-N), dated June 26, 1998, including any endorsements thereto, issued by the Note Insurer for the benefit of the Noteholders, pursuant to which the Note Insurer guarantees payment of Insured Payments.

Note Insurance Policy. The Financial Guaranty Insurance Policy (No. 29265) dated May 19, 1999, including any endorsements thereto, issued by the Note Insurer for the benefit of the Noteholders, pursuant to which the Note Insurer guarantees payment of Insured Payments.

Note Insurance Policy means MBIA Policy Number 24545.

Note Insurance Policy. The financial guaranty insurance policy (number 50728-N) dated September 30, 1998 issued by the Note Insurer to the Indenture Trustee for the benefit of the Owners pursuant to which the Note Insurer guarantees Insured Payments.

Note Insurance Policy. The certificate guaranty insurance policy (number 26040) dated March 27, 1998 issued by the Note Insurer to the Indenture Trustee for the benefit of the Owners of the Notes.