Ambac Assurance definition

Ambac Assurance has the meaning set forth above in the Preamble.
Ambac Assurance means Ambac Assurance Corporation, a Wisconsin-domiciled stock insurance company.

Examples of Ambac Assurance in a sentence

  • The following abbreviations are used in this report and are defined: AAC Ambac Assurance Corp.

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

  • Ambac Assurance and Ambac UK credit ratings are subject to revision at any time and do not constitute investment advice.

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

  • 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").

  • At the time the respective surety bond insurance policies referenced above were issued, Ambac Assurance had credit ratings meeting the requirements of the Trust Agreement, thus in any event the surety bond insurance policies issued by Ambac will continue to meet the requirements of the Trust Agreement.

  • Scheduled principal and interest payments are guaranteed by Ambac Assurance Corp.

  • In cases where Ambac Assurance or Ambac UK has insured multiple tranches of an issue with varying internal ratings, or more than one obligation of an issuer with varying internal ratings, a weighted average rating is used.

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


More Definitions of Ambac Assurance

Ambac Assurance is defined in the preamble. --------------- --------
Ambac Assurance means Ambac Assurance Corporation, the issuer of municipal bond insurance policy that insures the payment of the principal of and interest on the Series 2007 Bonds.
Ambac Assurance means Ambac Assurance Corporation, a Wisconsin-domiciled stock insurance company or any successor thereto.
Ambac Assurance means AMBAC Assurance Corporation, a Wisconsin domiciled stock insurance company.

Related to Ambac Assurance

  • Performance Assurance means collateral in the form of cash, letters of credit, or other security acceptable to the requesting Party.

  • Financial assurance means a commitment of funds or resources by an operator to a regulatory authority that satisfies the requirements in s. 14 and is sufficient to pay for reclamation activities required by this chapter.

  • Reasonable assurance means a high degree of confidence that submitted data and statements are valid.

  • Financial Assurances means the financial assurances provided by the Shipper and accepted by the Carrier in accordance with Rule 19.

  • PJM Reliability Assurance Agreement means that certain Reliability Assurance Agreement Among Load Serving Entities in the PJM Region, on file with FERC as PJM Interconnection L.L.C. Rate Schedule FERC No. 44, and as amended from time to time thereafter. Schedule of Work:

  • Reassurance means to offer an individual encouragement and support.

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

  • Provider of financial assurance means an entity that provides financial assurance to an Owner or Operator of an underground storage tank through one of the mechanisms listed in these Regulations, including a guarantor, insurer, risk retention group, surety, issuer of a letter of credit, issuer of a state required mechanism, or a state.

  • Financial Support Direction means a financial support direction issued by the Pensions Regulator under section 43 of the Pensions Xxx 0000.

  • Federal Assurances means Standard Form 424B (for non-construction projects) or Standard Form 424D (for construction projects) in Attachment B, attached hereto and incorporated herein for all purposes.

  • Adequate Assurance means at least meeting the following conditions, which Landlord and Tenant acknowledge to be commercially reasonable:

  • Assurance means any act or action, whether written or oral, expressing an opinion or conclusion

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Financial Support means any loans, guarantees, Security or other financial assistance (whether actual or contingent).

  • Financial Letter of Credit means any Letter of Credit other than a Performance Letter of Credit.

  • insurance agent means, subject to subsection (2), any person who for any compensation and through any medium does one or more of the following:

  • Auto-Reinstatement Letter of Credit has the meaning specified in Section 2.03(b)(iv).

  • Quality Assurance Plan or “QAP” shall have the meaning set forth in Clause 11.2;

  • Reimbursement insurance policy means a policy of insurance

  • Sponsored captive insurance company means a captive insurance company:

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Reporting Financial Institution means a Reporting Finnish Financial Institution or a Reporting U.S. Financial Institution, as the context requires.

  • Insurance Administration means, with respect to each Shared Policy, the accounting for premiums, retrospectively-rated premiums, defense costs, indemnity payments, deductibles and retentions, as appropriate, under the terms and conditions of each of the Shared Policies; and the reporting to excess insurance carriers of any losses or claims which may cause the per-occurrence, per claim or aggregate limits of any Shared Policy to be exceeded, and the distribution of Insurance Proceeds as contemplated by this Agreement.

  • Title insurance agent means an agent licensed in this Commonwealth to solicit, negotiate, procure,

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.