Premium Letter definition

Premium Letter means the letter agreement dated the Closing Date among LBAC, the Issuer and the Note Insurer referring to payment of the Premium.

Premium Letter means the side letter between Financial Security and Arcadia Financial dated the date hereof in respect of the premium payable by Arcadia Financial in consideration of the issuance of the Note Policy.

Premium Letter has the meaning set forth in the Insurance Agreement.

Examples of Premium Letter in a sentence

• Although the Premium is fully earned by Financial Security as of the Closing Date, the Premium shall be payable in periodic installments as provided in the Premium Letter.

• All payments to be made to Financial Security under this Agreement shall be made to Financial Security in lawful currency of the United States of America in immediately available funds to the account number provided in the Premium Letter before 1:00 p.m. (New York, New York time) on the date when due or as Financial Security shall otherwise direct by written notice to Arcadia Financial.

• In consideration of the issuance by Financial Security of the Note Policy, Arcadia Financial shall pay Financial Security the Premium and Premium Supplement, if any, as and when due in accordance with the terms of the Premium Letter.

• This Agreement, the Premium Letter and the Policy set forth the entire agreement between the parties with respect to the subject matter thereof, and this Agreement supersedes and replaces any agreement or understanding that may have existed between the parties prior to the date hereof in respect of such subject matter.

• All other terms, conditions and requirements of the Premium Letter shall have been satisfied.

More Definitions of Premium Letter

Premium Letter means the letter agreement between the Note Insurer and the Issuer, dated as of the Closing Date.

Premium Letter. The letter, dated the Closing Date, from the Certificate Insurer to the Seller setting forth the Premium Amount and other amounts.

Premium Letter has the meaning given to it in the Adoption Annex.

Premium Letter means the letter agreement between AGIC and the Issuer, dated as of the Closing Date, setting forth the payment arrangement for the premiums in respect of the Policy, and certain other fees, related expenses and other related matters.

Premium Letter means the letter agreement among the Credit Enhancer, the Indenture Trustee, the Sponsor, and the Depositor dated the date of the Indenture in respect of the premium payable to the Credit Enhancer in consideration of the issuance of the Policy.

Premium Letter. The side letter among the Certificate Insurer, the Depositor and New Century, dated the Closing Date.

Premium Letter. The letter agreement dated ___________, 200__ between the Securities Insurer and _____________ relating to the premiums due in respect of the Guaranty Policy.]