Ambac definition

Ambac. Ambac Assurance Corporation (formerly known as AMBAC Indemnity Corporation).
Ambac means Ambac Assurance Corporation, a Wisconsin domiciled stock insurance corporation.

Examples of Ambac in a sentence

  • Best on behalf of Interested Party Ambac Assurance Corporation bbest@schaferandweiner.com, wkyles@schaferandweiner.com Brendan G.

  • In addition, the Insurance Reserve Requirement for the Series 9 Bonds, the Series 10 Bonds, the Series 11 Bonds and the Series 14 Bonds was provided by separate surety bond insurance policies issued by Ambac Assurance.

  • The portion of the Debt Service Reserve Fund for the Series 10 Bonds, the Series 12 Bonds and the Series 14 Bonds was provided by surety bond insurance policies issued by Ambac Assurance Corporation ("Ambac Assurance").

  • On November 5, 2008, Moody's Investors Service announced that it had downgraded the insurance financial strength of Ambac Assurance from Aa3 to Baa1.

  • Law firms will have to rebrand themselves into specialist niches and focus on specific sectors to maximize their business potential.


More Definitions of Ambac

Ambac means Ambac Financial Group, Inc., a Delaware corporation.
Ambac means Ambac Assurance Corporation, a Wisconsin-domiciled stock insurance company.
Ambac means Ambac Assurance Corporation (formerly named AMBAC Indemnity Corporation), a Wisconsin-domiciled stock-insurance corporation. Any reference herein to “AMBAC Indemnity” shall be a reference to “AMBAC.”
Ambac or “Note Insurer” shall mean Ambac Assurance Corporation, a Wisconsin-domiciled stock insurance company.
Ambac. Ambac Assurance Corporation, a stock insurance corporation organized and created under the laws of the State of Wisconsin, and any successors thereto.
Ambac shall have the meaning assigned to such term in Annex A of the Trust Deed.