Ambac definition

Ambac. Ambac Assurance Corporation (formerly known as AMBAC Indemnity Corporation).

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Ambac means Ambac Assurance Corporation, a Wisconsin domiciled stock insurance corporation.

Ambac means Ambac Financial Group, Inc., a Delaware corporation.

Examples of Ambac in a sentence

• Any notice required or permitted under this Agreement shall be deemed given when delivered personally, through Ambac’s stock compensation administration system or when deposited in a United States Post Office, postage prepaid, addressed, as appropriate, to Ambac at its principal offices, to the Participant at the Participant’s address as last known by the Company or, in either case, such other address as one party may designate in writing to the other.

• This Note is entitled to the benefits of an irrevocable and unconditional financial guaranty insurance policy issued by Ambac Assurance Corporation.

• Ambac Assurance Corporation has caused this endorsement to the Policy to be signed by its duly authorized officers.

• Subject to the Participant’s continuing service as an employee of Ambac Financial Group, Inc.

• The Policy is on file and available for inspection at the principal office of the Insurance Trustee and a copy thereof may be secured from Ambac Assurance or the Insurance Trustee.

More Definitions of Ambac

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. Means Ambac Assurance Corporation, in its capacity as the Policy Provider as specified in the Intercreditor Agreement.

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.

Ambac shall have the meaning specified in Section 2.03.

Ambac means Ambac Assurance Corporation, a Wisconsin domiciled stock insurance company, or any successor thereto.