Bond Insurance Policy. In consideration of the issuance by the Bond Insurer of the Bond Insurance Policy, the Company hereby covenants that:
Bond Insurance Policy. At the Closing Time, the Bond Insurer shall have issued the Bond Insurance Policy in favor of the Indenture Trustee for the benefit of the holders of the Bonds.
Bond Insurance Policy. A policy of municipal bond insurance issued by Build America Mutual Assurance Company with respect to the Bonds).
Bond Insurance Policy. The Bond Insurance Policy provided by the Bond Insurer, together with such certifications and opinions as may be reasonably requested by the Underwriter in connection therewith;
Bond Insurance Policy. The executed Policy of the Insurer insuring the scheduled payment of principal of and interest on the Bonds, substantially in the form attached as Appendix [G] to the Official Statement.
Bond Insurance Policy. The Bond Insurance Policy insuring the payment of regularly scheduled principal of and interest on the Bonds and the Purchased Bonds shall be in full force and effect on the Effective Date.
Bond Insurance Policy. (a) Subject to the terms of the Bond Insurance Policy Cancellation Agreement, the Authority shall at all times maintain the Bond Insurance Policy.
Bond Insurance Policy. On or prior to the Effective Date, the Bond Insurance Policy, in form and substance satisfactory to the Bank, shall have been issued by the Bond Insurer and delivered to the Bank, insuring the payment of regularly scheduled principal of and interest on the Bonds and the special redemption of Liquidity Provider Bonds pursuant to Section of the 1991 Master Resolution, and such Bond Insurance Policy shall be in full force and effect on the Effective Date.
Bond Insurance Policy. On or prior to the Effective Date, the Bond Insurance Policy, in form and substance satisfactory to Dexia, shall have been issued by the Bond Insurer and delivered to the Trustee and Tender Agent, insuring the payment of regularly scheduled principal of and interest on the Bonds and the special redemption of Purchased Bonds pursuant to Section 401(b) of the First Supplemental Indenture and such Bond Insurance Policy shall be in full force and effect on the Effective Date.
