Syncora definition
Examples of Syncora in a sentence
By: Name: Title: [Intentionally omitted] [Intentionally omitted] ▇▇▇▇▇▇▇ ▇’▇▇▇▇▇▇▇ (VP & Assistant Treasurer) at SCA Phone: (▇▇▇) ▇▇▇-▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ E-mail: ▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇@▇▇▇▇▇.▇▇▇ Syncora Guarantee Inc.
Neither this Agreement nor any right or obligation hereunder is assignable in whole or in part by any party without the prior written consent of the other party hereto; provided that XLFA and XLCA may transfer their respective rights and obligations hereunder (in whole or in part) to Syncora Holdings Ltd or any of its Subsidiaries (each, a “Permitted Transferee”) without the prior written consent of the Company.
Any notice required or permitted to be given under this Agreement shall be in writing and shall be deemed to have been given when delivered personally or sent by courier, or by certified or registered mail, postage prepaid, return receipt requested, duly addressed to the Party concerned at the address indicated below or to such changed address as such Party may subsequently by similar process give notice of: If to the Company: Syncora Holdings Ltd.
Public Finance Guarantee Corporation, and Syncora Guarantee Inc., as insurers of GO Bonds, PBA Bonds, CCDA Bonds, HTA Bonds, and PRIFA Bonds, as applicable.
Seaview House ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Attention: General Counsel Facsimile: ▇▇▇-▇▇▇-▇▇▇▇ This Commutation and Release Agreement (the “Agreement”) dated as of August 5, 2008, is made by and between Syncora Guarantee Inc., a company domiciled in New York formerly known as XL Capital Assurance Inc.
During such four (4) day period, the Syncora Parties shall make their good faith determination (and provide notice of such determination to the applicable Consenting Holder and the proposed trading counterparty) as to whether the proposed Syncora Securities Trade will cause either of the results set forth in the foregoing clauses (i) or (ii).
By entering into this Amendment, Syncora represents to Wilmington Trust Company, not in its individual capacity, but solely as the Owner Trustee of the Trust, (i) pursuant to the Trust Agreement, that it is the Instructing Party as such term is defined in the Trust Agreement, (ii) no Insurer Default has occurred and is continuing and (iii) the Insurer Termination Date has not occurred, and hereby instructs such Owner Trustee to execute and deliver this Amendment on behalf of the Trust.
Within thirty (30) days after the Closing, Buyer shall prepare and deliver to Seller a draft schedule allocating the Purchase Price and other amounts properly treated as consideration for Tax purposes among the Syncora Admin Shares, the SGI Shares, and, to the extent not transferred or assigned to a member of the Company Group, the Transferred Assets and the Assigned Contracts for Tax purposes (such schedule, the “Allocation”).
The Oversight Board, Assured, Syncora and National agree that no Retail Investor shall have the right to vote any claim on account of any Insured Bond Claims insured by Assured, Syncora or National, as the case may be, and no Retail Investor shall receive any Retail Support Fee on account of any claim based on any Insured Bond Claim, insured by Assured, Syncora or National, as the case may be.
Consummation of the Transactions will be subject to the following conditions precedent: 98% participation by value of Surplus Notes excluding Surplus Notes held by SGI in the Exchange Offer, subject to waiver by mutual written consent (which may be given by email) of the Supermajority Consenting Surplus Noteholders, the Supermajority Consenting SHL Holders and the Syncora Parties.