Maximum Insured Amount definition

Maximum Insured Amount means $167,790,000 in respect of principal, plus interest thereon calculated at the Pass-Through Rate for the Class A Certificates.

Maximum Insured Amount means $250,000,000 in respect of principal, plus interest thereon calculated at the applicable Interest Rate for the Class A Notes.

Maximum Insured Amount means (a) the lesser of (i) $425,000,000 or (ii) the sum of the Maximum Insured Commitments of all Revolving Purchasers PLUS the aggregate of the Investments of all Term Purchasers, or (b) such other higher amount as the Insurer may indicate in its sole and absolute discretion by written notice delivered to the Seller, the Servicer, each Purchaser Agent and the Agent.

Examples of Maximum Insured Amount in a sentence

• Notwithstanding anything to the contrary set forth herein, in no event shall the aggregate amount paid by Ambac hereunder exceed the Maximum Insured Amount hereunder.

• Notwithstanding the foregoing, in no event shall Ambac be obligated to make any payment in respect of any Preference Amount (i) to the extent that such payment, when added to all prior payments of Deficiency Amounts, would exceed the Maximum Insured Amount or (ii) prior to the time Ambac would have been required to make an Insured Payment pursuant to Section 3 of this Policy.

• Notwithstanding the foregoing, in no event shall Ambac be obligated to make any payment in respect of any Preference Amount (i) to the extent that such payment, when added to all prior payments of Policy Claim Amounts, would exceed the Maximum Insured Amount or (ii) prior to the time Ambac would have been required to make an Insured Payment pursuant to Section 3 of this Policy.

• Notwithstanding the foregoing, in no event shall Ambac be obligated to make any payment in respect of any Preference Amount (i) to the extent that such payment, when added to all prior payments of Policy Claim Amounts, would exceed the Maximum Insured Amount or (ii) prior to the time Ambac would have been required to pay a Policy Claim Amount pursuant to Section 3 of this Policy.

• Notwithstanding the foregoing, in no event shall Ambac be obligated to make any payment in respect of any Preference Amount (i) to the extent that such payment, when added to all prior payments of Insured Amounts, would exceed the Maximum Insured Amount or (ii) prior to the time Ambac would have been required to make an Insured Payment pursuant to Section 3 of this Policy.

More Definitions of Maximum Insured Amount

Maximum Insured Amount means $1,500,000,000 in respect of principal, plus interest thereon calculated at the applicable Interest Rate for each Class of Class A Notes.

Maximum Insured Amount means $1,400,000,000 in respect of principal, plus interest thereon calculated at the applicable Interest Rate for the Notes.

Maximum Insured Amount means $616,727,000 in respect of principal, plus interest thereon calculated at the applicable Pass-Through Rate for the Class A Certificates.

Maximum Insured Amount means $250,000,000 in respect of principal plus interest thereon calculated at the applicable Interest Rate for the Notes.

Maximum Insured Amount means $1,049,000,000 in respect of principal, plus interest thereon calculated at the applicable Note Rate for the Class A Notes.

Maximum Insured Amount. $245,625,000 in respect of principal plus interest thereon calculated at the applicable Pass-Through Rate for the Class A Certificates. MERS: Mortgage Electronic Registration Systems, Inc., a corporation organized and existing under the laws of the State of Delaware, or any successor thereto.

Maximum Insured Amount means $25,000,000 in respect of principal, plus the Series 2005-2 Note Interest Payments due and owing with respect to the Series 2005-2 Notes.