Municipal Bond Insurance Policy definition

Municipal Bond Insurance Policy means, if applicable, the municipal bond insurance policy issued by Bond Insurer insuring the payment when due of the principal of and interest on the Bonds as described on Exhibit B to this Resolution.

Municipal Bond Insurance Policy means, if any, the municipal bond insurance policy issued by the Bond Insurer guaranteeing the scheduled payments of principal and interest on the Bonds.

Municipal Bond Insurance Policy means the bond insurance policy or policies issued by the Bond Insurer insuring the payment when due of principal and interest on Bonds if, as and to the extent provided therein.

Examples of Municipal Bond Insurance Policy in a sentence

• Change all references from the Bonds to Certificates or Notes wherever necessary, but DO NOT change the reference to the policy from Municipal Bond Insurance Policy.

• Notwithstanding any other provision of this Ordinance, in determining whether the rights of the Bondholders will be adversely affected by any action taken pursuant to the terms and provisions of this Ordinance, the Trustee shall consider the effect on the Bondholders as if there were no Municipal Bond Insurance Policy.

• Concurrently with the issuance of the Bonds, Build America Mutual Assurance Company (“BAM”) will issue its Municipal Bond Insurance Policy for the Bonds (the “Policy”).

• This 2023 PC Bond evidences and secures the reimbursement obligations of the Company to AMBAC under the Insurance Agreement for the payment by AMBAC of the principal of and interest on the Series 1995B Bonds pursuant to the Municipal Bond Insurance Policy, and to secure certain payments made by the Company to AFSLP under the Swap Agreement.

• Concurrently with the issuance of the Bonds, Build America Mutual Assurance Company (“BAM”) will issue its Municipal Bond Insurance Policy (the “Policy”) for the Bonds maturing on of the years through , inclusive, with CUSIP #’s (collectively, the “Insured Bonds”).

More Definitions of Municipal Bond Insurance Policy

Municipal Bond Insurance Policy means any municipal bond insurance policy insuring the payment, when due, of the principal of and interest on a Series of Bonds.

Municipal Bond Insurance Policy means, if applicable, the municipal bond insurance policy issued by the Bond Insurer insuring the payment when due of the principal of and interest on the Bonds.

Municipal Bond Insurance Policy means the municipal bond insurance policy, if any, issued by the Bond Insurer simultaneously with the delivery of the Series 2016 A Bonds, insuring the timely payment of the principal of and interest on all or any of the Series 2016 A Bonds, in accordance with the terms thereof.

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

Municipal Bond Insurance Policy means the municipal bond insurance policy or financial guaranty insurance policy, as the case may be, issued by the Series 2011A Insurer guaranteeing the scheduled payment, when due, of the principal and interest on all or a portion of the Series 2011A Certificates as provided therein.

Municipal Bond Insurance Policy means one or more policies of municipal bond insurance, if any, issued by the Bond Insurer insuring the payment when due of the principal of and interest on the Refunding Bonds determined to be insured as set forth in a Sale Order.

Municipal Bond Insurance Policy means the financial guaranty insurance policy or municipal bond insurance policy, if any, issued by the Series 2023 Insurer guaranteeing the scheduled payment, when due, of the principal and interest represented by all or a portion of the Series 2023 Bonds as provided therein.