Insured Securities definition

Insured Securities. Each of the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class A-5 Notes, the Class A-6 Notes, the Class A-7 Notes, the Class A-8 Notes and the Certificates.

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Insured Securities. Each of the Notes.

Insured Securities means the Class A-1 Notes and the Class G Certificates. Insurer: Ambac Assurance Corporation, and its successors and assigns.

Examples of Insured Securities in a sentence

• The rights of the Securities Insurer to direct certain actions and consent to certain actions of the Majority Noteholders hereunder will terminate at such time as the Principal Balance of Insured Securities have been reduced to zero and the Securities Insurer has been paid the Securities Insurer Reimbursement Amount in full and all other amounts owed under the Guaranty Policy and Insurance Agreement and the Securities Insurer has no further obligation under the Guaranty Policy.

• If a Deficiency Amount does exist with respect to a Class of Insured Securities, the Indenture Trustee shall promptly, but in no event later than 12:00 noon New York City time on the second Business Day preceding the related Distribution Date, make a claim under the Guaranty Policy for such Class in accordance with its terms.

• That certain guaranty insurance policy for the Insured Securities, dated March 10, 1997, and issued by the Securities Insurer to the Indenture Trustee and guaranteeing payment of any Insured Payment.

• IBJ WHITEHALL BANK & TRUST COMPANY ---------------------------- By: Title: ▇▇▇▇▇▇▇ ▇▇▇▇▇ & CO., ▇▇▇▇▇▇▇ LYNCH, PIERCE, ▇▇▇▇▇▇ & ▇▇▇▇▇ INCORPORATED --------------------------- By: Title: EXHIBIT A --------- SETTLEMENT PROCEDURES --------------------- [From Prospectus] EXHIBIT B --------- IBJ WHITEHALL BANK & TRUST COMPANY AUCTION BID FORM --------------------------------- Submit To: IBJ Whitehall Bank & Trust Co. Issue: MuniHoldings Insured Securities Transfer Department Fund III, Inc.

• IBJ WHITEHALL BANK & TRUST COMPANY ___________________________ By: Title: ▇▇▇▇▇▇▇ ▇▇▇▇▇ & CO., ▇▇▇▇▇▇▇ LYNCH, PIERCE, ▇▇▇▇▇▇ & ▇▇▇▇▇ INCORPORATED ___________________________ By: Title: EXHIBIT A --------- SETTLEMENT PROCEDURES --------------------- [From Prospectus] EXHIBIT B --------- IBJ WHITEHALL BANK & TRUST COMPANY AUCTION BID FORM --------------------------------- Submit To: IBJ Whitehall Bank & Trust Co. Issue: MuniHoldings Insured Securities Transfer Department Fund III, Inc.

• IBJ WHITEHALL BANK & TRUST COMPANY -------------------------------- By: Title: [NAME OF BROKER-DEALER] -------------------------------- By: Title: EXHIBIT A --------- SETTLEMENT PROCEDURES --------------------- [From Prospectus] EXHIBIT B --------- IBJ WHITEHALL BANK & TRUST COMPANY AUCTION BID FORM --------------------------------- Submit To: IBJ Whitehall Bank & Trust Co. Issue: MuniHoldings Insured Securities Transfer Department Fund II, Inc.

• THE BANK OF NEW YORK ----------------------------------------------- By: Title: MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPO▇▇▇▇▇ ----------------------------------------------- By: Title: EXHIBIT A --------- SETTLEMENT PROCEDURES --------------------- [From Prospectus] EXHIBIT B --------- THE BANK OF NEW YORK AUCTION BID FORM ---------------- Submit To: The Bank of New York Issue: MuniYield California Insured Securities Transfer Department Fund, Inc.

• Section 13.03 the Class Principal Balance of each class of Insured Securities to the extent unpaid on the Final Scheduled Payment Date or earlier termination of the Issuing Entity pursuant to the terms of the Indenture, in each case after giving effect to payments made on such date from all sources other than this Policy is $[__].

More Definitions of Insured Securities

Insured Securities means the Class A Notes and the Class N Certificates.

Insured Securities means the Class 2A-1 Notes and the Class G Certificates.

Insured Securities. The Citigroup HELOC Trust 2006-NCB1, HELOC-Backed Securities, Series 2006-NCB1, Class A Notes and Class N Certificates. Insurer: Ambac Assurance Corporation, a Wisconsin stock insurance corporation or its successor in interest.

Insured Securities means Reference Securities whose Aaa Mood's ratings are based on bond insurance;