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Common use of Issuance of the Policies Clause in Contracts

Issuance of the Policies. The Insurer agrees to issue the FSA Policy and the Swap Policy on the Closing Date subject to satisfaction of the conditions precedent set forth below:

Appears in 2 contracts

Sources: Insurance and Indemnity Agreement (Triad Financial Special Purpose LLC), Insurance and Indemnity Agreement (Triad Financial Special Purpose LLC)

Related Clauses

  • Issuance of Letters of Credit
  • Valid Issuance of the Units
  • Requests for Issuance of Letters of Credit
  • Issuance of the Shares
  • Requirements For Issuance of Letters of Credit

Parent Clauses

  • The Policies Reimbursement
  • The Policies Reimbursement Indemnification
  • AMENDMENTS, ETC
  • The Policy Reimbursement
  • Negative Covenants of the Depositor and the Issuer

Sub-Clauses

  • Certified Documents and Resolutions
  • Representations and Warranties; Certificate
  • Incumbency Certificate
  • No Litigation, Etc
  • Payment of Initial Premium and Expenses
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