Bond Insurance Policy definition

Bond Insurance Policy means the financial guaranty insurance policy issued by the Bond Insurer insuring the payment when due of the principal of and interest on the Bonds as provided therein.

Bond Insurance Policy means the municipal bond new issue insurance policy issued by the Bond Insurer that guarantees payment of principal of and interest on the Bonds.

Bond Insurance Policy means the municipal bond insurance policy, if any, issued by the Bond Insurer that guarantees payment of principal of and interest on the Bonds and constitutes a Bond Facility under the Indenture.

Examples of Bond Insurance Policy in a sentence

• For so long as a Bond remains a Purchased Bond, interest thereon at the Purchased Bond Rate as adjusted pursuant to this Section 3.01(c) shall be insured by the Bond Insurance Policy.

• The Series 2009 Certificates shall be further secured by the Municipal Bond Insurance Policy issued by , which shall be the Credit Enhancer and Insurer for the Series 2009 Certificates.

• The parties hereto acknowledge that such amount is not covered by the Bond Insurance Policy.

• The bidder understands that if this Bid is accepted, bidder must execute the required Agreement and furnish the required Performance Bond, Labor and Material Payment Bond, Insurance Policy and Certificates of Insurance and Affidavit Regarding Unauthorized Immigrants within ten (10) days from the date of the Notice of Award, and that the bidder will be required to sign to acknowledge and accept the Contract Documents, including the Drawings and Specifications.

• The following provisions relating to the Series 2011A Certificates shall apply so long as the Municipal Bond Insurance Policy is in full force and effect.

More Definitions of Bond Insurance Policy

Bond Insurance Policy or “Policy” means the municipal bond insurance policy issued by the Bond Insurer that guarantees payment of principal of and interest on the Bonds.

Bond Insurance Policy means the municipal bond insurance policy issued by the Bond Insurer concurrently with the delivery of the Bonds guaranteeing the scheduled payment when due of the principal of and interest on the Bonds.

Bond Insurance Policy. The bond guaranty insurance policy issued by the Bond Insurer for the benefit of the Class A Bondholders.

Bond Insurance Policy or “Policy” shall mean the municipal bond new issue insurance policy issued by the Bond Insurer that guarantees payment when due of the principal of and interest on the Bonds as provided therein.

Bond Insurance Policy means a municipal bond insurance policy issued by the Bond Insurer, if any, guaranteeing the scheduled payment of principal of and interest on the Bonds when due.

Bond Insurance Policy means the municipal bond insurance policy or financial guaranty insurance policy, if any, issued by the Bond Insurer guaranteeing the payment when due of the principal of and interest on all or a portion of the Bonds, if set forth in the Sale Certificate.

Bond Insurance Policy means a policy of municipal bond insurance which guarantees the scheduled payments of principal of and interest on the Bonds when due.