Credit Enhancer means the Credit Enhancer identified in the Adoption Annex.
Credit Enhancer means a financial institution, insurer or other third party which provides a Credit Enhancement or guarantee instrument acceptable to the Corporation securing repayment of the Mortgage Loan or Bonds issued pursuant to the MMRB Program.
Credit Enhancer means Ambac Assurance Corporation and its permitted successors and assigns.
Examples of Credit Enhancer in a sentence
The principal payments hereunder shall not be declared to be or become immediately due and payable upon an Event of Default under the Master Indenture without the prior written consent or direction of the Required Credit Enhancers, so long as any Series 2022A Bond remains Outstanding and no Credit Enhancer Default exists in respect of each Credit Enhancer, unless otherwise required by Section 5.02 of the Master Indenture.
Any such right granted hereunder to the Required Credit Enhancers or any Credit Enhancer shall be effective only so long as no Credit Enhancer Default exists in respect of all Credit Enhancers or such Credit Enhancer, respectively.
More Definitions of Credit Enhancer
Credit Enhancer is Financial Guaranty Insurance Company and any successor or replacement for the Credit Enhancer.
Credit Enhancer means any municipal bond insurance company, bank or other financial institution or organization which is performing in all material respects its obligations under any Credit Support Instrument for some or all of the Bonds.
Credit Enhancer means, with respect to any Series, that Person, if any, designated as such in the applicable Supplement.
Credit Enhancer means any Person that, pursuant to this Indenture or a Supplemental Indenture, is designated as a Credit Enhancer and which provides Credit Enhancement.
Credit Enhancer means the party providing Credit Enhancement. “CSFA” means the California School Finance Authority.
Credit Enhancer means Financial Guaranty Insurance Company, as credit enhancer as described in the Series 2001-A Indenture.
Credit Enhancer means a government sponsored enterprise that at any time, directly or indirectly, purchases the Borrower Loan or provides credit enhancement with respect to the Borrower Loan.