Surety Wrap Clause Samples
Surety Wrap. The Class A Certificates will have the benefit of an insurance guarantee with respect to the timely payment of interest and the ultimate payment of principal issued by MBIA. MBIA will also guarantee the final scheduled payment date of the Class A-1 2a-7
Surety Wrap. The Class A Certificates will have the benefit of an insurance guarantee with respect to the timely payment of interest and the ultimate payment of principal issued by Ambac.