Insured Notes definition

Insured Notes has the meaning given to it in the Adoption Annex.

Insured Notes means the Class 1-A Notes and the Class 2-A Notes issued pursuant to the Agreement.

Insured Notes are the Class 1-A Notes and the Class 2-A Notes.

Examples of Insured Notes in a sentence

• Subparts G–J [Reserved]Subpart K—Certificates of Bene- ficial Ownership and Insured Notes AUTHORITY: 7 U.S.C. 1989; 42 U.S.C. 1480;delegation of authority by the Secretary of Agriculture, 7 CFR 2.23; delegation of au- thority by the Assistant Secretary for Rural Development, 7 CFR 2.70.SOURCE: 41 FR 51799, Nov.

• The Insured Notes will have the benefit of the Policy issued by the Credit Enhancer.

• During 2006, the Company recognized a charge of $12.6 million relating to the impairment of the Insured Notes and reduced it funds withheld by a corresponding amount.

• Any other form of credit enhancement may also be substituted for the Policy after a Credit Enhancer Default if the new rating of the Insured Notes would be an improvement over their then current rating and the Indenture Trustee receives an Opinion of Counsel to the effect that the substitution will not be treated as a significant modification within the meaning of Treas.

• In connection therewith, the Company recorded a loss of $0.6 million representing its share under the aforementioned reinsurance agreement of the difference between the estimated fair value of the Insured Notes at the date they were acquired by XLCA and the consideration paid by XLCA to acquire the Insured Notes.

More Definitions of Insured Notes

Insured Notes are the Class A Notes.

Insured Notes. As defined in Section 1.03.

Insured Notes means the notes described in Item 7 of the Declarations which are insured under this Insurance Policy and are the obligations issued by the Issuer pursuant to the Indenture. The Insured Notes are required to be paid by the Issuer in accordance with the terms of the Indenture and the Issuer's payment obligations under the Insured Notes are guaranteed by the Guarantor pursuant to the Guaranty.

Insured Notes means the Class I-A Notes, the Class II-A Notes and the Class III-A Notes.

Insured Notes means the Class 1-A Notes and the Class 2-A Notes issued pursuant to the Agreement. "Insured Payment" shall mean, with respect to any Payment Date, the aggregate amount actually paid by the Insurer to the Indenture Trustee in respect of Insured Amounts for such Payment Date.

Insured Notes means any and all Notes issued under the Indenture which are subject to any financial guaranty insurance policy issued by Ambac Assurance insuring the payment when due of the principal of and interest on such Notes. This definition shall supercede and replace the definition of Insured Notes in the First Supplement.

Insured Notes means the Notes issued pursuant to the Agreement.