Swap Policy definition

Swap Policy means the financial guaranty insurance policy, including any endorsements thereto, issued by Financial Security with respect to the Swap Agreement, substantially in the form attached as Annex I(B) to the Insurance Agreement.

Swap Policy means the Interest Rate Swap Insurance Policy dated as of the Closing Date issued by the Note Insurer for the benefit of the Initial Swap Counterparty with respect to the Initial Interest Rate Swap Agreement.

Swap Policy means the Interest Rate Swap Insurance Policy No. 483492 issued by MBIA Insurance Corporation, which guarantees certain payments due under the Swap Agreement.

Examples of Swap Policy in a sentence

• Capitalized terms not otherwise defined in this Agreement shall have the meanings given to them in the Swap Agreement or the Swap Policy.

• Enforcement of this Agreement by AGM shall not be deemed to constitute designation of an Early Termination Date by AGM for purposes of the Swap Agreement or the Swap Policy.

• Capitalized terms not otherwise defined in this Agreement shall have the meanings given to them in the Trust Agreement, the Swap Agreement or the Swap Policy.

• As a condition precedent to (a) the issuance of the Series A Bonds, the Policy and the Swap Policy and (b) the execution of the Swap Agreement by the Swap Counterparty, the parties hereto executed and delivered a Security Deposit Agreement, dated as of June 18, 2002 (the "Original Depositary Agreement").

• MUTUAL SWAPS The parties agree to the application of the Department Mutual Swap Policy dated October 27, 1993, governing swaps: It will not be the intention of a swap to cause or generate overtime.

More Definitions of Swap Policy

Swap Policy means the interest swap insurance policy issued by the Insurer to the Swap Counterparty with respect to the Swap Agreement, including any endorsements thereto.

Swap Policy has the meaning set forth in the recitals to this Agreement.

Swap Policy means the Financial Guaranty Insurance Policy No. 51840B-N dated May 30, 2007, including any endorsements thereto, issued by the Insurer to the Swap Counterparty with respect to the Swap Agreement.

Swap Policy. The financial guaranty insurance policy issued on ----------- September 25, 1997 by the Swap Guarantor (Policy No. SF0046BE). "Swap Termination Event": A Termination Event under and as defined in ----------------------- the Swap Agreement. "Trust": Mortgage Index Amortizing Trust 1997-1; the trust created by ----- the Trust Agreement and by the filing with the Secretary of State of the State of Delaware a Certificate of Trust of the Trust. "Trust Agreement": The trust agreement entered into between the Owner --------------- Trustee and the Depositor, dated as of September 1, 1997, as amended, supplemented or otherwise modified from time to time pursuant to the terms thereof. "Trust Estate": The meaning specified in the Granting Clause. ------------ "UCC": The Uniform Commercial Code as in effect in the State of New --- York as of the date hereof. "Uncertificated Security": The meaning specified in Section 8-102(1)(b) ----------------------- of the UCC. "Underlying Agreement": The Pooling and Servicing Agreement dated as -------------------- of September 1, 1992 as supplemented by the series supplements thereto relating to Series 1997-5, Series 1997-2, Series 1997-1 and Series 1996-4, between First USA Bank, as transferor and servicer, and The Bank of New York (Delaware), as trustee pursuant to which the CABS were originally issued. Section 1.02.

Swap Policy means the Debt Service Insurance Policy dated December 14, 2000 issued by the Insurer to Xxxxxxx Xxxxx Capital Services, Inc., a copy of which is attached as Exhibit L, including any novation and assumption of liability by the Reinsurer, as provided in the Assumption of Liability and Novation Endorsement (Swap) to the Swap Reinsurance Agreement.

Swap Policy means the financial guaranty issued by the Swap Policy Provider, insuring the contractual amounts due for payment by or on behalf of the School Board pursuant to the Swap Agreement.

Swap Policy means the interest swap insurance policy issued by the Insurer to the Hedge Provider with respect to the Hedge Agreement, including any endorsements thereto.