Insured Bond definition

Insured Bond means any Outstanding Bond with respect to which the payment
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Insured Bond. Any of the Class 1-A, Class 2-A-1 or Class 2-A-2 Bonds. ------------
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Insured Bond means a Bond issued hereunder and designated as an Insured Bond in the Supplemental Trust Agreement authorizing the issuance thereof.
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Examples of Insured Bond in a sentence

  • In the event of a separate loss or losses under the Joint Insured Bond, the party suffering a loss or losses shall be entitled to be indemnified up to the full amount of the Joint Insured Bond.

  • If more than one party is damaged in a single loss or occurrence for which recovery is received under the Joint Insured Bond, each such party shall receive that portion of the recovery which represents the loss sustained by that party, unless the recovery is inadequate to fully indemnify each party sustaining a loss.

  • The annual premium shall be allocated among the Vanguard Funds, based on relative net assets, in accordance with a Board-approved methodology, and expensed monthly over the term of the Joint Insured Bond.

  • The holder of the right to vote the Outstanding Bonds that are Insured Bonds shall be the monoline insurer insuring such Insured Bond to the extent such insurer is granted the right to vote Insured Bonds for purposes of directing remedies or consenting to proposed amendments or modifications as provided in the applicable documents pursuant to which such Insured Bond was issued and insured.

  • The annual premium shall be allocated among the Funds, based on relative net assets, in accordance with a Board-approved methodology, and expensed monthly over the term of the Joint Insured Bond.

  • The Prescott City Council reconvened into Open Session at 6:00 p.m. at which time the meeting was adjourned.

  • Name of Insured (the "Insured") Bond Number: FIRST TRUST EXCHANGE-TRADED FUND 99516115B Principal Office: Mailing Address: 120 East Liberty Drive, Suite 400 120 East Liberty Drive, Suite 400 Wheaton, IL 60187 Wheaton, IL 60187 -------------------------------------------------------------------------------- ITEM 2.

  • Name of Insured (the "Insured") Bond Number FIRST DEFINED PORTFOLIO FUND, LLC 99516113B Principal Office: Mailing Address: First Trust Portfolios LP First Trust Portfolios LP 120 East Liberty Drive 120 East Liberty Drive Wheaton, IL 60187 Wheaton, IL 60187 -------------------------------------------------------------------------------- ITEM 2.

  • Name of Insured (the "Insured") Bond Number: FIRST TRUST EXCHANGE-TRADED FUND 99516116B Principal Office: Mailing Address: 120 East Liberty Drive, Suite 400 120 East Liberty Drive, Suite 400 Wheaton, IL 60187 Wheaton, IL 60187 -------------------------------------------------------------------------------- ITEM 2.

  • Buyer will indemnify and hold harmless any Seller Indemnified Party from and against any Losses suffered or incurred by them in connection with any of the foregoing Insured Bonds from and after the Closing, including any expenses or fees incurred in connection with any such Insured Bond being called or terminated.


More Definitions of Insured Bond

Insured Bond means any Bond with respect to which the payment of principal and interest is guaranteed under a Bond Insurance Policy.
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Insured Bond means any Outstanding Bond with respect to which the paymentof principal and interest is guaranteed under a Bond Insurance Policy.
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Related to Insured Bond

  • covered bond means a debt security issued by any member of the banking group, for which repayment to holders is guaranteed by a SPV, and investors retain an unsecured claim on the issuer.

  • Surety Bond means a bond from a Bond company with a credit rating by AMBEST better than a “B”. The bonding company shall be certified to issue bonds in a state in which this Agreement is approved.

  • Covered Bonds means any and all the covered bonds (obbligazioni bancarie garantite) issued or to be issued by the Issuer pursuant to the terms and subject to the conditions of the Programme Agreement.

  • Reference Bond means for any Reset Period a government security or securities issued by the state responsible for issuing the Specified Currency (which, if the Specified Currency is euro, shall be Germany) selected by the Issuer on the advice of an investment bank of international repute as having an actual or interpolated maturity comparable with the relevant Reset Period that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities denominated in the same currency as the Notes and of a comparable maturity to the relevant Reset Period.

  • Insured Amount As defined in the Policy.

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • Insured Depository Institution Insured Depository Institution shall have the meaning ascribed to such term by Section 1813(c)(2) of Title 12 of the United States Code, as amended from time to time.

  • 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.

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • Insured Person s year” means a year from the date of commencement of the insured person’s policy, or from the anniversary date of the commencement of the insured person.

  • Reference Bond Dealer means each of five banks which are primary government securities dealers or market makers in pricing corporate bond issuances, as selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Hazard means a source of or exposure to danger;

  • Bond Insurance Policy means the municipal bond insurance policy, if any, issued by the Bond Insurer that guarantees payment of principal of and interest on the Bonds and constitutes a Bond Facility under the Indenture.