Note Policy definition

Note Policy means the financial guaranty insurance policy issued by the Insurer to the Trust Collateral Agent, as agent for the Trustee, for the benefit of the Noteholders.

Note Policy means the insurance policy issued by the Security Insurer with respect to the Notes, including any endorsements thereto.

Note Policy means the Financial Guaranty Insurance Policy issued by the Insurer with respect to the Notes, including any endorsements thereto, substantially in the form of Exhibit H hereto.

Examples of Note Policy in a sentence

• The Insurer may disclaim any of its rights and powers under this Agreement (but not its duties and obligations under the Note Policy) upon delivery of a written notice to the Owner Trustee.

• The Notes are entitled to the benefits of a financial guaranty insurance policy (the "Note Policy") issued by Financial Security Assurance Inc.

• By its execution and delivery of this Agreement, the Servicer makes the following representations, warranties and covenants on which the Trust Collateral Agent relies in accepting the Receivables, on which the Trustee relies in authenticating the Notes and on which the Insurer relies in issuing the Note Policy.

• The Trustee shall, and hereby agrees that it will, hold the Note Policy in trust, and will hold any proceeds of any claim on the Note Policy in trust solely for the use and benefit of the Noteholders.

• The Servicer makes the following representations on which the Insurer shall be deemed to have relied in executing and delivering the Note Policy and on which the Issuer is deemed to have relied in acquiring the Receivables.

More Definitions of Note Policy

Note Policy means the note guaranty insurance policy issued by the Security Insurer with respect to the Notes, including any endorsements thereto, if any, in the form of Exhibit E.

Note Policy means the note guaranty insurance policy No.45003(1), issued by the Note Insurer.

Note Policy. The financial guaranty insurance policy issued by the Security Insurer to the Indenture Trustee on behalf of the Noteholders.

Note Policy means the financial guaranty insurance policy, including any endorsements thereto, issued by Financial Security with respect to the Notes, substantially in the form attached as Exhibit A hereto.

Note Policy means the financial guarantee insurance policy issued by the Security Insurer to the Trustee for the benefit of the Noteholders with respect to the Notes, including any endorsements thereto, in the form of Exhibit E to the Indenture.

Note Policy means the financial guaranty insurance policy (No.

Note Policy means the financial guaranty insurance policy delivered by Financial Security with respect to the Securities.