Issuance of the Ambac Policy. The Insurer agrees to issue the Ambac Policy on the Closing Date subject to satisfaction of the conditions precedent set forth below:
Appears in 12 contracts
Samples: Insurance and Indemnity Agreement (UPFC Auto Receivables Trust 2007-B), Insurance and Indemnity Agreement (UPFC Auto Receivables Trust 2006-B), Insurance and Indemnity Agreement (Triad Financial Special Purpose LLC)