Common use of The Policy Clause in Contracts

The Policy. The Insurer agrees to issue the Policy, subject to the conditions hereinafter set forth herein. The Policy shall (i) be issued on the Inception Date, and (ii) be substantially in the form of Exhibit A hereto. The proceeds of any drawing under the Policy shall be used solely to discharge the Fund's obligations in respect of the Guarantee.

The Policy. The Insurer agrees to issue the Policy, subject to the conditions hereinafter set forth herein. The Policy shall (i) be issued on the Inception Date, and (ii) be substantially in the form of Exhibit A hereto. The proceeds of any drawing under the Policy shall be used solely to discharge the Fund's obligations in respect of the Guarantee.

The Policy. The Insurer agrees to issue the Policy, subject to the conditions hereinafter set forth herein. The Policy shall (i) be issued on the Inception Date, and (ii) be substantially in the form of Exhibit A hereto. The proceeds of any drawing under the Policy shall be used solely to discharge the Fund's obligations in respect of the Guarantee.

The Policy. The Insurer agrees to issue the Policy, subject to the conditions hereinafter set forth herein. The Policy shall (i) be issued on the Inception DateDate by the Insurer, and (ii) be substantially in the form of Exhibit A hereto. The proceeds of any drawing under the Policy shall be used solely to discharge the Fund's obligations in respect of the Guarantee.

The Policy. The Insurer agrees to issue the Policy, subject to the conditions hereinafter set forth herein. The Policy shall (i) be issued on the Inception Date, and (ii) be substantially in the form of Exhibit EXHIBIT A hereto. The proceeds of any drawing under the Policy shall be used solely to discharge the Fund's obligations in respect of the Guarantee.