Financial guaranty insurance definition

Financial guaranty insurance means a surety bond, insur- ance policy, indemnity contract, or any similar guarantee issued by an insurer under which a loss is payable upon proof of occur- rence of financial loss to an insured claimant. “Financial guaranty insurance” does not include credit insurance, credit life insurance, disability insurance, mortgage guaranty insurance, or long−term care insurance.

Financial guaranty insurance means a surety bond, insurance policy or, when issued by an insurer, an indemnity contract and any guaranty similar to a surety bond, insurance policy, or insurer-issued indemnity contract, under which loss is payable upon proof of occurrence of financial loss to an insured claimant, obligee, or indemnitee as a result of any of the following events:

Financial guaranty insurance means a surety bond, an insurance policy or, when issued by an insurer or any person doing an insurance business as defined in Section [insert section], an indemnity contract and any guaranty similar to the foregoing types, under which loss is payable upon proof of occurrence of financial loss to an insured claimant, obligee or indemnitee as a result of any of the following events:

Examples of Financial guaranty insurance in a sentence

• Financial Guaranty Insurance Company and Subsidiaries Notes to Consolidated Financial Statements (continued) (Dollars in thousands, except per share amounts) 3.

• We have examined the Municipal Bond Unit Investment Trust Insurance policies, if any, issued to certain of the Trusts on the Date of Deposit by AMBAC Assurance Corporation, Financial Guaranty Insurance Corporation or a combination thereof.

• Financial Guaranty Insurance Company and Subsidiaries Notes to Consolidated Financial Statements (continued) (Dollars in thousands, except per share amounts) 5.

• Financial Guaranty Insurance Company and Subsidiaries Notes to Consolidated Financial Statements (continued) (Dollars in thousands, except per share amounts) 4.

• Financial Guaranty Insurance Company (the "Company") is a wholly-owned insurance subsidiary of FGIC Corporation (the "Parent").

More Definitions of Financial guaranty insurance

Financial guaranty insurance means a surety bond, an insurance policy o r ... an indemnity contract, and any guaranty sim ilar to the foregoing types, under which loss is payable, upon proof of occurrence of financial loss, to an insured claimant, obligee or indemnitee as a result of any of the following events:

Financial guaranty insurance means the financial guaranty insurance policy issued by Ambac Assurance insuring the payment when due of the principal of and interest on the Notes as provided therein.

Financial guaranty insurance means a surety bond, insurance policy or

Financial guaranty insurance means a surety bond, an insurance policy, or, when issued by an

Financial guaranty insurance means the kind of insurance defined in paragraph one of subsection (a) of section six thousand nine hundred one of this chapter.

Financial guaranty insurance. Policy No. [ ] (the "Policy") issued by MBIA Insurance Corporation ("MBIA") on July 19, 2001, to the Indenture Trustee as beneficiary. The Policy shall be a Credit Support Document solely with respect to net Fixed Amounts payable by Party B, and shall not be available to support, and may not be drawn on in respect of, any amounts due from Party B under Section 6(e) or any other provision of the Agreement. Party B agrees that the security interests in collateral granted to the Indenture Trustee on behalf of Party A as an Enhancement Provider under the Indenture in respect of Series 2001-A shall secure the obligations of Party B to Party A under this Agreement.

Financial guaranty insurance means the kind of insurance defined in paragraph one of Section 6901(a) of the Insurance Law of the State of New York.