Note Insurer Sample Clauses

Note Insurer a _________________, and any successor thereto or any replacement bond insurer substituted pursuant to Section 3.29 of the Indenture.
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Note Insurer. This Amendment No. 1 is not evidence of any position by the Note Insurer, affirmative or negative, as to whether action by the Noteholders, or any other party, is required in addition to the execution of this Amendment No. 1 by the Note Insurer. No representation is made by the Note Insurer as to the necessity for or the satisfaction of any additional action or condition under the Indenture with respect to the amendment thereof. This Amendment No. 1 does not modify the obligations of Note Insurer under the Policy as set forth therein.
Note Insurer a ________- insurance company, any successor thereto or any replacement bond insurer substituted pursuant to Section 3.29 of the Indenture.
Note Insurer. Rights in the Event of Nonpayment. The Note Insurer is entitled to the benefit of the following provisions in the event of Nonpayment. Notwithstanding any other provision hereof: (a) The Indenture Trustee shall immediately notify the Note Insurer of the event of Nonpayment. (b) The Indenture Trustee, the Owner Trustee and the Class A Noteholders recognize that any payment by the Note Insurer or the Fiscal Agent does not cure the Event of Default resulting from the Nonpayment nor relieve the Owner Trustee of any obligation hereunder. (c) The Indenture Trustee shall deliver to the Fiscal Agent or the Note Insurer, uncancelled, all Class A Notes coming into its possession with respect to which the Fiscal Agent or the Note Insurer has made payment of the principal amount of such Class A Notes as provided in the Note Policy. Such Class A Notes shall be delivered as fully registered Class A Notes, per written instructions of the Fiscal Agent or the Note Insurer. (d) The Indenture Trustee shall recognize the Note Insurer as the holder of each of the Class A Notes with respect to which it has made payment of the full principal amount of such Class A Notes as provided in the Note Policy for the purposes of exercising all options, votes, rights, powers or the like available to Class A Noteholders under any provision hereof. (e) The Note Insurer shall have the right to institute any suit, action or proceeding at law or in equity under the same terms as a Class A Noteholder may institute any action in accordance with applicable provisions of this Indenture. (f) The Note Insurer shall, to the extent it makes payment of principal or interest on the Class A Notes, or with respect to the Owner Trustee's obligations under the Interest Rate Swap Agreement, as the case may be, become subrogated to the rights of the recipients of such payments in accordance with the terms of the Policies, as applicable, and this Indenture, and to evidence such subrogation (i) in the case of subrogation as to claims for Class A Overdue Interest, the Indenture Trustee shall note the Note Insurer's rights as subrogee on the registration books of the Owner Trustee maintained by the Indenture Trustee upon receipt from the Note Insurer of proof of the payment of interest thereon to the registered owners of the Class A Notes, and (ii) in the case of subrogation as to claims for past due principal, the Indenture Trustee shall note the Note Insurer's rights as subrogee on the registration books of the...
Note Insurer. Without limiting the generality of the foregoing, all covenants and agreements in this Agreement which confer rights upon the Note Insurer shall be for the benefit of and run directly to the Note Insurer, and the Note Insurer shall be entitled to rely on and enforce such covenants and agreements, subject, however, to the limitations on such rights provided in this Agreement and the Basic Documents. The Note Insurer may disclaim any of its respective rights and powers under this Agreement (but not its duties and obligations under the Note Policy), upon delivery of a written notice to the Owner Trustee.
Note Insurer. This Fourth Amendment is not evidence of any position by the Note Insurer, affirmative or negative, as to whether action by the Noteholders, or any other party, is required in addition to the execution of this Fourth Amendment by the Note Insurer. No representation is made by the Note Insurer as to the necessity for or the satisfaction of any additional action or condition under the Indenture with respect to the amendment thereof. This Fourth Amendment does not modify the obligations of the Note Insurer under the Policy as set forth therein.
Note Insurer. This Amendment No. 6 is not evidence of any position by the Note Insurer, affirmative or negative, as to whether action by the Noteholders, or any other party, is required in addition to the execution of this Amendment No. 6 by the Note Insurer. No representation is made by the Note Insurer as to the necessity for or the satisfaction of any additional action or condition under the 98-A Indenture with respect to the amendment thereof. This Amendment No. 6 does not modify the obligations of the Note Insurer under the Policy as set forth therein.
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Note Insurer. MBIA Insurance Corporation, as issuer of the Guaranty Policy, and its successors and assigns.
Note Insurer. Rights in the Event of Nonpayment. The Note Insurer is entitled to the benefit of the following provisions in the event of Nonpayment. Notwithstanding any other provision hereof: (a) The Indenture Trustee shall immediately notify the Note Insurer of the event of Nonpayment. (b) The Indenture Trustee, the Owner Trustee and the Class A Noteholders recognize that any payment by the Note Insurer or the Fiscal Agent does not cure the Event of Default resulting from the Nonpayment nor relieve the Owner Trustee of any obligation hereunder. 108 118 (c) The Indenture Trustee shall deliver to the Fiscal Agent or the Note Insurer, uncancelled, all Class A Notes coming into its possession with respect to which the Fiscal Agent or the Note Insurer has made payment of the principal amount of such Class A Notes as provided in the Note Guaranty Insurance Policy. Such Class A Notes shall be delivered as fully registered Class A Notes, per written instructions of the Fiscal Agent or the Note Insurer.
Note Insurer. MBIA Insurance Corporation, a financial guaranty insurance provider which as of the date hereof holds a triple-A financial strength rating from each of Xxxxx'x, Standard & Poor's and Fitch.
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