Securities Insurer definition

Securities Insurer means MBIA Insurance Corporation.

Securities Insurer means _________________________]

Securities Insurer. MBIA Insurance Corporation, as issuer of the Guaranty Policy, and its successors and assigns.

Examples of Securities Insurer in a sentence

• The parties hereto acknowledge that the Securities Insurer is an express third party beneficiary hereof entitled to enforce any rights reserved to it hereunder as if it were actually a party hereto.

• With respect to the Trust Accounts (other than the Certificate Distribution Account), the Indenture Trustee agrees, by its acceptance hereof, that each such Trust Account shall be subject to the sole and exclusive custody and control of the Indenture Trustee for the benefit of the Securityholders, the Securities Insurer and the Issuer, as the case may be, and the Indenture Trustee shall have sole signature and withdrawal authority with respect thereto.

• Upon receiving such notice of resignation, the Administrator shall promptly appoint a successor Owner Trustee [(acceptable to the Securities Insurer)] by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Owner Trustee and one copy to the successor Owner Trustee.

• If no successor Owner Trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Owner Trustee [or the Securities Insurer] may petition any court of competent jurisdiction for the appointment of a successor Owner Trustee.

• Promptly after the execution of any such amendment or consent, the Owner Trustee shall furnish written notification of the substance of such amendment or consent to each Certificateholder, the Indenture Trustee[, the Securities Insurer] and each of the Rating Agencies.

More Definitions of Securities Insurer

Securities Insurer means _____________, a __________________________.

Securities Insurer as issuer of the Guaranty Policy, and its successors and assigns.] [Securities Insurer Default: The existence and continuation of any of the following:

Securities Insurer means Financial Security Assurance Inc., a New York monoline insurance company.

Securities Insurer means Financial Security Assurance, Inc.

Securities Insurer. Financial Security Assurance Inc., as issuer of the Guaranty Policy, and its successors and assigns.

Securities Insurer. With respect to each Securitization Agreement as to which any of the certificates issued thereunder are subject to a Securities Insurance Policy, the related issuer of such Securities Insurance Policy, as set forth in the related Securitization Agreement and in Exhibit 1 hereto.

Securities Insurer means Ambac Assurance Corporation, or any successor thereto, as issuer of the Certificate Insurance Policy.