Reserve Policy definition

Reserve Policy means the Municipal Bond Debt Service Reserve Insurance Policy, and any Endorsement thereto, issued by the Reserve Insurer under which claims may be made in order to provide moneys in the Reserve Fund available for the purposes thereof.
Reserve Policy means the municipal bond debt service reserve insurance policy relating to the Authority Bonds issued by the Insurer.
Reserve Policy means the Municipal Bond Debt Service Reserve Insurance Policy, and any endorsement thereto, issued by the Reserve Insurer under which claims may be made in order to provide moneys in the Reserve Fund available for the purposes thereof.

Examples of Reserve Policy in a sentence

  • Notwithstanding the foregoing, the term of this Site and Facility Lease shall not end so long as any amounts are owed to the Municipal Bond Insurer with respect to the Municipal Bond Insurance Policy or the Reserve Policy (as such capitalized terms are defined in the Lease Agreement).

  • The City hereby covenants and agrees that all Net Revenues will be held by the City in the Utility Fund in trust for the benefit of the Trustee (as assignee of the rights of the Authority hereunder), the Insurer, the issuer of the Reserve Policy and the Bond Owners, and for the benefit of the owners of any Parity Obligations.


More Definitions of Reserve Policy

Reserve Policy means the Municipal Bond Debt Service Reserve Insurance Policy issued by the Bond Insurer.
Reserve Policy means the municipal bond debt service reserve insurance policy issued by the Insurer for deposit into the Reserve Account.]
Reserve Policy means the Municipal Bond Debt Service Reserve Insurance Policy
Reserve Policy means the municipal bond debt service reserve insurance policy issued by the Bond Insurer on the date of issuance of the Bonds representing the reserve requirement established under the Authority Indenture.
Reserve Policy means the Municipal Bond Debt Service Reserve Insurance Policy issued by the 2016 Insurer guaranteeing certain payments into the Reserve Account with respect to the Series 2016 Bonds as provided therein and subject to the limitation set forth therein.
Reserve Policy means the Municipal Bond Debt Service Reserve Policy issued by the Reserve Policy Provider for the account of the Reserve Account.