Ambac UK Obligations. The Ambac UK Reinsurance Agreement has been allocated to and remains in the Segregated Account and the obligations pertaining to it are treated consistently with the junior priority of such obligations in a liquidation proceeding in any Segregated Account Rehabilitation Plan filed or approved prior to the Closing.
Appears in 6 contracts
Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement (Ambac Financial Group Inc)
