U.S. $300,000,000 REVOLVING CREDIT AGREEMENT Dated as of August 1, 2002 Among AMBAC FINANCIAL GROUP, INC. and AMBAC ASSURANCE CORPORATION, as the Borrowers and CERTAIN COMMERCIAL LENDING INSTITUTIONS, as Lenders and THE BANK OF NEW YORK, as the...Credit Agreement • August 14th, 2002 • Ambac Financial Group Inc • Surety insurance • New York
AMBAC FINANCIAL GROUP, INC., a Delaware corporation (“Ambac Financial”), AMBAC ASSURANCE CORPORATION, a Wisconsin stock insurance corporation (“Ambac Assurance”; and, together with Ambac Financial, the “Borrowers”), the banks, financial institutions and other institutional lenders as are or may become parties hereto (the “Lenders”), THE BANK OF NEW YORK (“BNY”), as syndication agent (the “Syndication Agent”) and THE BANK OF NOVA SCOTIA (“BNS”), as administrative agent (the “Administrative Agent”) for the Lenders, agree as follows:
