Credit enhancement device means a letter of credit, line of credit, standby bond purchase agreement, bond in- surance policy, reserve surety bond or other device or facility used to enhance the credit- worthiness, liquidity or marketability of bonds or agreements for exchange of interest rates.
Credit enhancement device means any letter of credit, line of credit, municipal bond insurance or other device given or provided as security for the payment of the principal of, premium, if any, or interest on revenue bonds or bond anticipation notes issued under ORS 268.600 to 268.660 or as security for the payment or performance of any of the district’s obligations under or with respect to such revenue bonds or bond anticipation notes.
Credit enhancement device means a letter of credit, line of credit, municipal bond insurance policy, standby purchase agreement or other device or facility used to enhance the creditworthiness or marketability of municipal bonds.
More Definitions of Credit enhancement device
Credit enhancement device means an agreement or contractual relationship between a
Credit enhancement device means a letter of credit, line of credit, bond insurance policy, standby purchase agreement, surety bond or other device or facility used to enhance the creditworthiness, liquidity or marketability of a bond.
Credit enhancement device means a letter of credit, line of credit, standby bond pur- chase agreement, bond insurance policy, reserve surety bond or other device or facility used to en- hance the creditworthiness, liquidity or marketability of bonds or agreements for exchange of interest rates.
Credit enhancement device means a letter of credit, line of credit, bond insurance policy, surety bond or other device or facility used to enhance the credit worthiness or marketability of any bonds.
Credit enhancement device means an agreement or contractual relationship be- tween a university with a governing board and a bank, trust company, insurance com- pany, surety bonding company, pension fund or other financial institution or entity pro- viding additional credit on or security for a revenue bond.
Credit enhancement device means any letter of credit, guaranty, line of credit, insurance or any other device, arrangement or method, financial or otherwise, given or provided as security or assurance for the payment of the principal of, premium, if any, or interest on, the applicable debt.