Note Insurer definition

Note Insurer means Ambac Assurance Corporation, a Wisconsin-domiciled stock insurance corporation, or any successor thereto, as issuer of the Policy.

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Note Insurer means MBIA Insurance Corporation, a New York stock insurance corporation, and its successors and assigns.

Note Insurer. Financial Security Assurance Inc., a New York stock insurance corporation or any successor thereto.

Examples of Note Insurer in a sentence

• No right or remedy herein conferred upon or reserved to the Indenture Trustee, the Note Insurer or to the Noteholders is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise.

• Without limiting the generality of the foregoing, all covenants and agreements in this Indenture that expressly confer rights upon the Note Insurer shall be for the benefit of and run directly to the Note Insurer, and the Note Insurer shall be entitled to rely on and enforce such covenants to the same extent as if it were a party to this Indenture.

• A copy of such form of notice shall be sent to the Note Insurer by the Indenture Trustee.

• No delay or omission of the Indenture Trustee, the Note Insurer or of any Holder of any Note to exercise any right or remedy accruing upon any Event of Default shall impair any such right or remedy or constitute a waiver of any such Event of Default or an acquiescence therein.

• Nothing herein contained shall be deemed to authorize the Indenture Trustee to authorize or consent to or accept or adopt on behalf of any Noteholder or the Note Insurer any plan of reorganization, arrangement, adjustment or composition affecting any of the Notes or the rights of any Holder thereof, or the Note Insurer, or to authorize the Indenture Trustee to vote in respect of the claim of any Noteholder or the Note Insurer in any such Proceeding.

More Definitions of Note Insurer

Note Insurer means Financial Security Assurance Inc., a stock insurance company organized and created under the laws of the State of New York, or its successors in interest.

Note Insurer means Financial Security Assurance, Inc., a monoline insurance company incorporated under the laws of the State of New York, or its successors in interest as issuer of the Policy.

Note Insurer. MBIA Insurance Corporation, a New York insurance company, any successor thereto or any replacement bond insurer substituted pursuant to Section 3.29 of the Indenture.

Note Insurer has the meaning specified in the Preamble.

Note Insurer means Ambac, MBIA, or any other provider of credit insurance or note insurance with respect to the obligations of the Purchaser Trust.

Note Insurer means Asset Guaranty Insurance Company.

Note Insurer means MBIA Insurance Corporation, a New York stock insurance company.