Ambac Assurance definition

Ambac Assurance has the meaning set forth above in the Preamble.
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Ambac Assurance means Ambac Assurance Corporation, a Wisconsin-domiciled stock insurance company.
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Ambac Assurance means Ambac Assurance Corporation, a Wisconsin-domiciled stock insurance company or any successor thereto.
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Examples of Ambac Assurance in a sentence

  • The following abbreviations are used in this report and are defined: AAC Ambac Assurance Corp.

  • This Note is entitled to the benefits of an irrevocable and unconditional financial guaranty insurance policy issued by Ambac Assurance Corporation.

  • Ambac Assurance would only be required to make payments on these debt obligations in the event that the issuer defaults on any principal or interest due.

  • The transaction structure provides certain financial protection to Ambac Assurance.

  • The Policy is on file and available for inspection at the principal office of the Insurance Trustee and a copy thereof may be secured from Ambac Assurance or the Insurance Trustee.

  • Ambac Assurance Corporation has caused this endorsement to the Policy to be signed by its duly authorized officers.

  • The Board of Directors Ambac Assurance Corporation: We consent to the incorporation by reference in the registration statement (No. 333-57357) of Structured Products Corp.

  • When an issue insured by Ambac Assurance has been refunded or called, the remaining unrecognized premium (net of refunding credits, if any) is recognized at that time.

  • Such rights are subordinate to insurance claims, as well as to the general unsecured creditors of Ambac Assurance.

  • Protections afforded Ambac Assurance in this transaction were in the form of a reserve fund and the issuance of subordinated debt.


More Definitions of Ambac Assurance

Ambac Assurance is defined in the preamble. --------------- --------
Sample 1
Ambac Assurance means Ambac Assurance Corporation, a Wisconsin domiciled stock insurance company.
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Ambac Assurance means AMBAC Assurance Corporation, a Wisconsin domiciled stock insurance company.
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Ambac Assurance means Ambac Assurance Corporation, the issuer of municipal bond insurance policy that insures the payment of the principal of and interest on the Series 2007 Bonds.
Sample 1

Related to Ambac Assurance

  • Performance Assurance means collateral in the form of cash or letters of credit, or other security acceptable to the requesting Party.

  • Financial assurance means a commitment of funds or resources by an operator to a regulatory authority that satisfies the requirements in s. 14 and is sufficient to pay for reclamation activities required by this chapter.

  • Reasonable assurance means a high degree of confidence that submitted data and statements are valid.

  • Financial Assurances means the financial assurances provided by the Shipper and accepted by the Carrier in accordance with Rule 21.

  • PJM Reliability Assurance Agreement means that certain Reliability Assurance Agreement Among Load Serving Entities in the PJM Region, on file with FERC as PJM Interconnection L.L.C. Rate Schedule FERC No. 44, and as amended from time to time thereafter.

  • Reassurance means to offer an individual encouragement and support.

  • Provider of financial assurance means an entity that provides financial assurance to an Owner or Operator of an underground storage tank through one of the mechanisms listed in these Regulations, including a guarantor, insurer, risk retention group, surety, issuer of a letter of credit, issuer of a state required mechanism, or a state.

  • Financial Support Direction means a financial support direction issued by the Pensions Regulator under section 43 of the Pensions Xxx 0000.

  • Federal Assurances means Standard Form 424B (for non-construction projects) or Standard Form 424D (for construction projects) in Attachment B, attached hereto and incorporated herein for all purposes.

  • Adequate Assurance has the meaning given in clause 21.3(a).

  • Assurance means any warranty, representation, statement, assurance, covenant, agreement, undertaking, indemnity, guarantee or commitment of any nature whatsoever;

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Financial Support means any loans, guarantees, Security or other financial assistance (whether actual or contingent).

  • Financial Letter of Credit means any Letter of Credit other than a Performance Letter of Credit.

  • insurance agent means, subject to subsection (2), any person who for any compensation and through any medium does one or more of the following:

  • Auto-Reinstatement Letter of Credit has the meaning specified in Section 2.03(b)(iv).

  • Quality Assurance Plan or “QAP” shall have the meaning set forth in Clause 11.2;

  • Reimbursement insurance policy means a policy of insurance

  • Sponsored captive insurance company means a captive insurance company:

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Reporting Financial Institution means a Reporting Finnish Financial Institution or a Reporting U.S. Financial Institution, as the context requires.

  • Insurance Administration means, with respect to each Shared Policy, the accounting for premiums, retrospectively-rated premiums, defense costs, indemnity payments, deductibles and retentions, as appropriate, under the terms and conditions of each of the Shared Policies; and the reporting to excess insurance carriers of any losses or claims which may cause the per-occurrence, per claim or aggregate limits of any Shared Policy to be exceeded, and the distribution of Insurance Proceeds as contemplated by this Agreement.

  • Title insurance agent means an agent licensed in the Commonwealth to sell, solicit, or negotiate

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.