Insured Obligation definition

Insured Obligation means in respect of any Policy Claim, an obligation guaranteed by the Segregated Account under or pursuant to the relevant Policy or Policies. A Policy may provide financial guaranty insurance in respect of more than one Insured Obligation, each Insured Obligation as identified by its CUSIP, if any.

Insured Obligation means “municipal obligation bonds”, “special revenue bonds”, “industrial development bonds” and “utility first mortgage obligations” which the Borrower is permitted to insure under the provisions of Section 6904 (b) (1) (A), (B) or (C) of the New York Insurance Law (without regard to clause (J) thereof) as in effect on the Effective Date and issued by the United States of America, a state thereof or the District of Columbia, a municipality or governmental unit or other political subdivision of the foregoing or any public agency or instrumentality, in any event to the extent that the payment of principal thereof and/or interest thereon, is insured, reinsured or otherwise guaranteed by the Borrower.

Insured Obligation means the Banc of America Mortgage Securities, Inc., Mortgage Pass-Through Certificates, Series 2005-12, $20,445,000 Class A-1 Certificates.

Examples of Insured Obligation in a sentence

• M., 2013, MNRAS, 435, 3500 APPENDIX A: THE CHOICE OF VESPA CATALOGUEThe VESPA SDSS-7 catalogue (Tojeiro et al.

• American Academy of Orthopaedic Surgeons, “Treatment Of Osteoarthritis Of The Knee Evidence- Based Guideline 2nd Edition Adopted by the American Academy of Orthopaedic Surgeons Board of Directors,” Am. Acad.

• The “Total Claim Amount” set forth on the Claim Schedule with respect to the Insured Obligation (the “ Total Claim Amount”) is due for payment pursuant to the terms of the Policy (as modified by the Plan) and the contracts and instruments relating to or governing the Insured Obligation.

• The undersigned (or its principal, if the undersigned is acting as an agent for the Policyholder) is the Policyholder under the Policy and is entitled, under and in accordance with the terms and conditions of the Policy (as modified by the Plan) with respect to the Insured Obligation, to submit the Claims for the amount specified in the Claim Schedule.

• In respect of any Insured Obligation subject to Undercollateralization, on any Bond Distribution Date on which Accretion Amounts are to be calculated, the applicable annualized interest rate that a Holder would be entitled to receive on such Bond Distribution Date for the relevant Insured Obligations in accordance with, and subject to, the terms and conditions of the relevant Transaction Documents relating to such Insured Obligations.

More Definitions of Insured Obligation

Insured Obligation. ’ means any note, bond, debenture, or other obligation issued under subsection (c) or

Insured Obligation means, with respect to any Policy, the "Insured ------------------ Obligation" as defined in such Policy.

Insured Obligation means (a) municipal obligation bonds, special revenue bonds and industrial development bonds issued by the United States of America, a state thereof or the District of Columbia, a municipality or governmental unit or other political subdivision of the foregoing or any public agency or instrumentality thereof, and (b) other obligations which the Majority Banks have approved in writing, in each case to the extent that the payment of principal thereof, together with interest thereon, is insured, reinsured or otherwise guaranteed by MBIA under an Insurance Contract in compliance with the applicable provisions of the New York Insurance Law.

Insured Obligation means the Notes.

Insured Obligation means the Revolving Home Equity Loan Asset Backed Notes, Series 2005-J, Class 1-A Notes issued under the Indenture.

Insured Obligation means (i) "municipal obligation bonds", "special revenue bonds", "industrial development bonds" and "utility first mortgage obligations", in any event issued by a U.S. municipal or governmental unit or political subdivision, which an Eligible Insurer is permitted to insure under the provisions of Section 6904 (b) (1) (A), (B) or (C) of the New York Insurance Law (without regard to clause (J) thereof) and (ii) Eligible Asset Backed Securities, in any event to the extent that the payment of principal thereof, together with interest thereon, is insured, reinsured or otherwise guaranteed by an Eligible Insurer under an insurance contract and is in turn reinsured by the Borrower.

Insured Obligation. 100% of the Obligations due and payable (whether at the stated maturity, by acceleration or otherwise) under the Credit Agreement or any of the other Credit Documents.