Common use of Series Enhancement Clause in Contracts

Series Enhancement. The rights and benefits provided to the ICI Noteholders of any Series of ICI Notes or Class thereof pursuant to any letter of credit, surety bond, financial guaranty, insurance policy, insurance agreement or other similar arrangement. The subordination of any Class to another Class shall not be deemed to be a Series Enhancement. Series Enhancement Agreement: Any Enhancement Agreement for any Series of ICI Notes.

Appears in 1 contract

Sources: Ici Indenture (Seacastle Inc.)

Series Enhancement. The rights and benefits provided to the ICI Noteholders of any Series of ICI Notes or Class thereof pursuant to any letter of credit, surety bond, financial guaranty, insurance policy, insurance agreement or other similar arrangement. The subordination of any Class to another Class shall not be deemed to be a Series Enhancement. Series Enhancement Agreement: Any Enhancement Agreement for any Series of ICI Notes.

Appears in 1 contract

Sources: Icf Indenture (Seacastle Inc.)