Initial Financial Guaranty Insurance Policy definition

Initial Financial Guaranty Insurance Policy means the municipal bond new issue insurance policy issued by the Bond Insurer that guarantees payment of principal and interest on the Bonds, and effective as of the date of delivery of the Bonds.
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Initial Financial Guaranty Insurance Policy means the Financial Guaranty Insurance Policy issued by Ambac Assurance Corporation and effective as of the date of delivery of the Bonds.
Sample 1Sample 2
Initial Financial Guaranty Insurance Policy means the municipal bond new issue insurance policy issued by the Bond Insurer that guarantees payment of principal and interest on the Bonds, effective as of the date of delivery of the Bonds.
Sample 1

Examples of Initial Financial Guaranty Insurance Policy in a sentence

  • At the time of their initial issuance and delivery, the Bonds will be secured by an Initial Financial Guaranty Insurance Policy.

  • This statistic would suggest the Dryden market is well maintained and that there is little to now gap that exists locally.

  • Khalid Bey, Dr. Shiu-Kai Chin and Dr. Donna DeSiato.‌‌ Chair Fisher started the meeting with the introduction of Damian Ulatowski, Supervisor with the Town of Clay who is the new appointee for the Town of Clay replacing Mr. Nicotra starting January 1, 2015.

Related to Initial Financial Guaranty Insurance Policy

  • Life Insurance Policy has the meaning given in Section 6.10.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Bond Insurance Policy means the financial guaranty insurance policy issued by the Bond Insurer insuring the payment when due of the principal of and interest on the Bonds as provided therein.

  • 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.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.