Preferred Shares Insurance Agreement definition

Preferred Shares Insurance Agreement means the Insurance and Indemnity Agreement, dated as of the Closing Date, between Ambac and the Borrower relating to the issuance of the Preferred Shares Insurance Policy.
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Preferred Shares Insurance Agreement means the Insurance and Indemnity Agreement dated as of initial Date of Original Issue between the Fund and the Credit Enhancer, as amended or supplemented in accordance with the provisions thereof, relating to the Preferred Shares.
Sample 1Sample 2

Examples of Preferred Shares Insurance Agreement in a sentence

  • The Borrower shall comply in all material respects with the terms and conditions of, and perform in all material respects its obligations and enforce in all material respects its rights under, the Investment Management Agreement, the Operating Agreement, the Credit Agreement, the Statement of Preference, the Preferred Shares Insurance Agreement and each other Transaction Document to which it is a party.

  • The Fund shall also, in accordance with the Preferred Shares Insurance Agreement, deliver a Preferred Shares Basic Maintenance Report to the Credit Enhancer, Moody's (if Moody's is then rating the Preferred Shares at the request of the Fund) and S&P (if S&P is then rating the Preferred Shares at the request of the Fund) as of any Annual Valuation Date, in each case on or before the third Business Day after such day.

  • The Fund shall also, in accordance with the Preferred Shares Insurance Agreement, deliver a Collateral Maintenance Report to the Credit Enhancer as of the last Business Day in each December of each year in which the Preferred Shares Insurance Policy is in effect on such day, in each case on or before the third Business Day after such day (each such day, an "Annual Valuation Date").

Related to Preferred Shares Insurance Agreement

  • Preferred Stock Purchase Agreement means the Preferred Stock Purchase Agreement, dated September 7, 2008, between the Company and the United States Department of the Treasury.

  • Insurance Agreement means the insurance and indemnity agreement identified in the Adoption Annex.

  • Investor Rights Agreement means the Investor Rights Agreement, dated as of the date of this Agreement, between the Company and each of the Purchasers, in the form of Exhibit A hereto.

  • Reinsurance Agreement means any agreement, contract, treaty or other arrangement whereby one or more insurers, as reinsurers, assume liabilities under insurance policies or agreements issued by another insurance or reinsurance company or companies.

  • Shareholder Agreement has the meaning set forth in the Recitals.

  • Certificate Purchase Agreement The Purchase Agreement, dated as of [_______], among the Depositor and the Initial Purchasers, relating to the Privately Offered Certificates.

  • Voting Agreement has the meaning set forth in the Recitals.

  • Company Rights Agreement shall have the meaning set forth in Section 4.3.

  • Lockup Agreement means the Lockup Agreement, dated as of the date hereof, by and between the Company and each person listed as a signatory thereto, in the form attached as Exhibit C hereto.

  • Series A Purchase Agreement means the Series A Preferred Unit Purchase Agreement, dated as of June 20, 2017, by and among the Partnership and the Series A Purchasers thereunder, as may be amended from time to time.

  • Common Stock Purchase Agreement means an agreement among the Investor and/or PJC, Emergent and any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer and elects to participate, substantially in the form attached hereto as Exhibit A, pursuant to which Emergent will issue and sell (a) to the Investor and/or PJC, in the aggregate, 75,000,000 Shares at a price of $0.20 per share, and (b) to any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer that so requests, for every $1,000.00 of principal amount of Convertible Notes that it tenders into the Convertible Note Exchange Offer, 500 Shares at a price of $0.20 per share; provided, that the aggregate maximum number of Shares to be so issued and sold to the Convertible Note Holders who accept and exchange all of their Convertible Notes in the Convertible Note Exchange Offer pursuant to the Common Stock Purchase Agreement shall not exceed 40,000,000.

  • Stockholder Agreement means the Stockholder Agreement, dated as of August 29, 2003, among the Company and its stockholders, as amended and in effect from time to time.

  • Series B Purchase Agreement means the Series B Preferred Stock Purchase Agreement with respect to the purchase and sale of shares of the Company’s Series B Preferred Stock, dated as of the date hereof, by and among the Company and the Series B Investors, as it may be amended from time to time.

  • Investment Agreement shall have the meaning set forth in the Recitals hereto.

  • Reinsurance Agreements means any agreement, contract, treaty, certificate or other arrangement by which any Insurance Subsidiary agrees to transfer or cede to another insurer all or part of the liability assumed or assets held by it under one or more insurance, annuity, reinsurance or retrocession policies, agreements, contracts, treaties, certificates or similar arrangements. Reinsurance Agreements shall include, but not be limited to, any agreement, contract, treaty, certificate or other arrangement that is treated as such by the applicable Department.

  • Amended and Restated Registration Rights Agreement has the meaning set forth in the Recitals.

  • Series B Certificate of Designations has the meaning set forth in the recitals hereto.

  • Original LLC Agreement has the meaning set forth in the Recitals.

  • New Warrant Agreement means that certain agreement providing for, among other things, the issuance and terms of the New Warrants issued by New Valaris Holdco as set forth in the Restructuring Term Sheet.

  • Warrant Agreements means those agreements entered into in connection with the Loan, substantially in the form attached hereto as Exhibit B pursuant to which Borrower granted Lender the right to purchase that number of shares of Series B Preferred Stock of Borrower as more particularly set forth therein.

  • Existing Registration Rights Agreement shall have the meaning given in the Recitals hereto.

  • Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Shareholder Agreements has the meaning set forth in the recitals to this Agreement.

  • Common Stock Agreement means an agreement executed by a Common Stockholder and the Company as contemplated by Section 5, below, which imposes on the shares of Common Stock held by the Common Stockholder such restrictions as the Board or Committee deem appropriate.

  • Certificate Insurance Policy The Certificate Guaranty Insurance Policy No. AB1094BE, dated the Closing Date, including any endorsements thereto issued by the Certificate Insurer to the Trustee for the benefit of the Holders of the Insured Certificates, a form of which is attached as Exhibit L hereto.

  • Series B Certificate of Designation means the Certificate of Designation of the Powers, Preferences and Relative, Participating, Optional and Other Special Rights of 8% Series B Convertible Redeemable Preferred Stock and Qualifications, Limitations and Restrictions Thereof.