Surety Provider definition

Surety Provider means MBIA Insurance Corporation, a New York-domiciled stock insurance corporation. The Surety Provider shall constitute an “Enhancement Provider” with respect to the Series 2006-1 Notes for all purposes under the Indenture and the other Related Documents.

Surety Provider means Ambac Assurance Corporation, a Wisconsin-domiciled stock insurance corporation. The Surety Provider shall constitute an “Enhancement Provider” with respect to the Series 2005-4 Notes for all purposes under the Indenture and the other Related Documents.

Surety Provider means the Bond Insurer or any other entity issuing a Reserve Fund Insurance Policy with respect to the Bonds, if any.

Examples of Surety Provider in a sentence

• If determined to be in the best interest of the City, and in lieu of funding the DSRF, the Governing Authority hereby approves the purchase of a debt service reserve surety policy (the “Surety Policy”) with the provider thereof (to be determined) (the "Surety Provider").

• If the Enterprise determines that it will not obtain a Reserve Fund Insurance Policy, all references herein to a Reserve Fund Insurance Policy and a Surety Provider shall be of no force and effect.

• The definitions of Debtor, Mortgagor, Surety Provider, Mortgaged Property used in these business conditions may also be applied in plural.

• The President or the Treasurer are hereby independently authorized to determine if obtaining a Reserve Fund Insurance Policy for all or a portion of the Bonds is in the best interests of the Enterprise, and if so, to select a Surety Provider to issue a Reserve Fund Insurance Policy and execute any related documents or agreements required by such commitment.

• Except with the express written consent of the other party, neither party may assign, or otherwise transfer any of its obligations hereunder without the express written consent of (a) the other party, which consent shall not be unreasonably withheld, (b) Bolster, and (c) the Surety Provider.

More Definitions of Surety Provider

Surety Provider means XL Capital Assurance Inc., a New York corporation. The Surety Provider shall constitute an “Enhancement Provider” with respect to the Series 2003-5 Notes for all purposes under the Indenture and the other Related Documents.

Surety Provider means a Bolster-approved surety bond provider.

Surety Provider means Ambac Assurance Corporation. The Surety Provider shall constitute an "Enhancement Provider" with respect to the Series 2000-2 Notes for all purposes under the Indenture and the other Related Documents.

Surety Provider means MBIA Insurance Corporation, a New York-domiciled stock insurance corporation. The Surety Provider shall constitute an “Enhancement Provider” with respect to the Series 2005-1 Notes for all purposes under the Indenture and the other Related Documents.

Surety Provider means each of Ambac Assurance Corporation and any other provider of a Surety Bond for the benefit of a Conduit."

Surety Provider means, with respect to the Trust Certificates and the Notes, AMBAC Indemnity Corporation, a Wisconsin-domiciled stock insurance corporation, and its successors and assigns.

Surety Provider means Capital Markets Assurance Corporation, a New York stock insurance company. The Surety Provider shall constitute an "Enhancement Provider" with respect to the Series 1998-1 Notes for all purposes under the Indenture and the other Related Documents.