Common use of COLLATERALIZATION RATINGS EVENT Clause in Contracts

COLLATERALIZATION RATINGS EVENT. If a Collateralization Ratings Event occurs with respect to BNY (or any applicable credit support provider), then BNY shall, at its own expense, within thirty (30) days of such Collateralization Ratings Event:

Appears in 4 contracts

Samples: Letter Agreement (Harborview 2006-2), Pooling and Servicing Agreement (Fremont Home Loan Trust 2006-2), And Servicing Agreement (Asset Backed Funding Corp)

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COLLATERALIZATION RATINGS EVENT. If a Collateralization Ratings Event occurs with respect to BNY (or any applicable credit support provider), then BNY shall, at its own expense, and subject to rating agency confirmation, within thirty (30) days of such Collateralization Ratings Event:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (OwnIt Mortgage Loan Trust Series 2006-4), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc)

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COLLATERALIZATION RATINGS EVENT. If a Collateralization Ratings Event occurs with respect to BNY (or any applicable credit support provider), then BNY shall, at its own expense, and subject to rating agency confirmation within thirty (30) days of such Collateralization Ratings Event:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Pooling and Servicing Agreement (OwnIt Mortgage Loan Trust Series 2006-4), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc)

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