Enhancer definition

Enhancer is defined in the first paragraph hereof.

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Enhancer means, with respect to any Series for which an Enhancement has been provided, any person identified as such in the applicable Indenture Supplement.

Enhancer. Ambac Assurance Corporation, or any successor thereto.

Examples of Enhancer in a sentence

• The Collateral Interest Holder shall be deemed to be the Series Enhancer for all purposes under the Agreement and this Supplement.

• The Credit Enhancer is a third party beneficiary of this Agreement.

• All representations, warranties, covenants and agreements contained herein shall be binding upon, and inure to the benefit of, each of the Depositor, the Owner Trustee and its successors and each Certificateholder and its successors and permitted assigns, all as herein provided and the Credit Enhancer.

• The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust without the unanimous prior approval of all Certificateholders and with the consent of the Credit Enhancer and the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Certificateholder reasonably believes that the Trust is insolvent.

• The Agreement permits the amendment thereof as specified below, provided that any amendment be accompanied by the consent of the Credit Enhancer and an Opinion of Counsel to the Owner Trustee to the effect that such amendment complies with the provisions of the Agreement and will not cause the Trust to be subject to an entity level tax.

More Definitions of Enhancer

Enhancer shall have the meaning assigned to such term in Annex A of the Trust Deed.

Enhancer means ABN AMRO in such capacity under the CLO Program Documents.

Enhancer means Ambac Assurance Corporation or any successor thereto.

Enhancer means, with respect to any Series for which an Enhancement has been provided, the Person(s) designated as such or by reference to the related Series in the applicable Indenture Supplement.

Enhancer or “Ambac” shall mean Ambac Assurance Corporation, a Wisconsin-domiciled stock insurance corporation, or any successor thereto, as issuer of the Policy.

Enhancer means, with respect to any Series of Notes, any guarantor of timely payment of interest on and scheduled principal of the Notes of such Series pursuant to the terms of the related Enhancement Agreement.

Enhancer means the Amsterdam Enhancer and the Windmill Enhancer.