Credit Enhancer a --------------- ______________________-domiciled ______________________________________________ insurance company, any successor thereto or any replacement credit enhancer substituted pursuant to Section 3.33
Credit Enhancer. Any right conferred to the Credit Enhancer shall not arise until the issuance by the Credit Enhancer of its Credit Enhancement Instrument and shall be suspended during any period in which the Credit Enhancer is in default in its payment obligations under such certificate insurance policy (except that subrogation rights which have previously arisen shall not be so suspended). During the period of any such suspension, such rights shall vest in the Noteholders, and may be exercised by the Holders of a majority of the Security Balances of the Notes then Outstanding.
Credit Enhancer. Ambac Assurance Corporation, a Wisconsin domiciled stock --------------- insurance corporation, any successor thereto or any replacement credit enhancer substituted pursuant to Section 4.03.
Credit Enhancer. The Servicer shall designate a person who shall be available to the Credit Enhancer to provide reasonable access to information regarding the Mortgage Loans and the servicing practices and policies of the Servicer with respect thereto. [Signature Page Follows]
Credit Enhancer. The Servicer shall have no claim (whether by subrogation or otherwise) or other action against any Certificateholders or the Credit Enhance for any amounts paid by the Servicer pursuant to any provision of this Agreement.
Credit Enhancer. The Letter of Credit shall only be issued by a commercial bank having a Long Term Unsecured Debt Securities Rating of at least Aa3 by Mxxxx’x Investors Services, Inc. or other issuer satisfactory to Landlord. The issuer shall have an office/headquarters in a United States city reasonably acceptable to the Landlord. In the event the Long Term Unsecured Debt Securities Rating by Mxxxx’x Investors Securities, Inc. (“Mxxxx’x”) of the Credit Enhancer falls below Aa3, Tenant shall, upon Landlord’s request, provide Landlord with a new Letter of Credit meeting all of the terms and conditions of this Rider 3 within thirty (30) days of such request.
Credit Enhancer. The "Credit Enhancer" is National Westminster Bank USA, a national banking association ("Nat-West").
Credit Enhancer. Since investors in securitized instruments are directly exposed to the performance of the underlying and sometime may have limited or no recourse to the originator, they seek additional comfort in the form of credit enhancement. In other words, they require a credit rating of issued securities which also empowers marketability of the securities. Originator itself or a third party say a bank may provide this additional context called Credit Enhancer. While originator provides his comfort in the form of over- collateralization or cash collateral, the third party provides it in the form of a letter of credit or surety bonds.
Credit Enhancer any Credit Enhancer shall be sufficient for every purpose hereunder if provided to the address and attention and in the manner specified in the Credit Agreement to which such Credit Enhancer is a party, or at such other address and attention and in such other manner previously specified in writing to the Bond Trustee and the Borrower by such Credit Enhancer, or
