Common use of Issuance of Ratings Clause in Contracts

Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least an investment grade risk by S&P and Xxxxx’x, and that the Obligations, when issued, will be rated “AAA” by S&P and “Aaa” by Xxxxx’x.

Appears in 2 contracts

Samples: Insurance Agreement (First Investors Financial Services Group Inc), Insurance Agreement (First Investors Financial Services Group Inc)

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Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least an investment grade risk by S&P and Xxxxx’x, and that the Class A-1 Notes, when issued will be rated “A-1+” by S&P and “Prime-1” by Xxxxx’x, and the remaining Obligations, when issued, will be rated “AAA” by S&P and “Aaa” by Xxxxx’x.

Appears in 1 contract

Samples: Insurance Agreement (First Investors Financial Services Group Inc)

Issuance of Ratings. The Insurer shall have received confirmation that the risk secured insured by the Policy constitutes at least an investment grade risk by S&P and Xxxxx’x, Xxxxx'x and that the ObligationsSecurities, when issued, will be rated "AAA" by S&P and "Aaa" by Xxxxx'x and will be given a Aaashadow ratingof A- by S&P and A3 by Xxxxx’x.

Appears in 1 contract

Samples: Insurance Agreement (Keycorp Student Loan Trust 2002-A)

Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least an investment grade risk by S&P S&P, Fitch and Xxxxx’x, Xxxxx'x and that the ObligationsSecurities, when issued, will be rated "AAA" by S&P S&P, Fitch and "Aaa" by Xxxxx’xXxxxx'x.

Appears in 1 contract

Samples: Insurance Agreement (Keycorp Student Loan Trust 2000-B)

Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least an investment grade a “A” risk by S&P and Xxxxx’x, a “A2” risk by Xxxxx’x and that the ObligationsNotes, when issued, will be rated “AAA” by S&P and “Aaa” by Xxxxx’x.;

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Greenpoint Mortgage Funding Trust 2006-He1)

Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least an investment grade risk “BBB” by S&P and Xxxxx’x, “Baa2” by Xxxxx’x and that the ObligationsNotes, when issued, will be rated “AAA” by S&P and “Aaa” by Xxxxx’x.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H4)

Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least an investment grade risk by S&P and Xxxxx’xXxxxx'x, and that the Obligations, when issued, will be rated "AAA" by S&P and "Aaa" by Xxxxx’xXxxxx'x.

Appears in 1 contract

Samples: Insurance Agreement (Residential Asset Funding Corp)

Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least an investment grade risk a "A" by S&P and Xxxxx’xand "A2" risk Xxxxx'x, and that the Obligations, when issued, will be rated "AAA" by S&P and "Aaa" by Xxxxx’xXxxxx'x.

Appears in 1 contract

Samples: Insurance Agreement (Ace Securities Corp Home Loan Trust 1999 a Asset Backed Note)

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Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least an investment grade risk by S&P and Xxxxx’x, Xxxxx’x and that the ObligationsSecurities, when issued, will be rated “AAA” by S&P S&P, and “Aaa” by Xxxxx’x.

Appears in 1 contract

Samples: Insurance Agreement (Keycorp Student Loan Trust 2003-A)

Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least its Policies is an investment grade risk rated at least BBB by S&P and Xxxxx’x, and that the Obligations, when issued, will be rated “AAA” at least Baa2 by S&P and “Aaa” by Xxxxx’xMxxxx’x.

Appears in 1 contract

Samples: Insurance Agreement (Hertz Corp)

Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least an investment grade a BBB risk by S&P and Xxxxx’x, and a Baa risk by Moodx'x xxx that the ObligationsCertificates, when issued, will be rated "AAA" by S&P and "Aaa" by Xxxxx’xMoodx'x.

Appears in 1 contract

Samples: Insurance Agreement (Mego Mortgage Corp)

Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least an investment grade risk by S&P S&P, Fitch and Xxxxx’x, Xxxxx’x and that the ObligationsSecurities, when issued, will be rated “AAA” by S&P S&P, Fitch and “Aaa” by Xxxxx’x.

Appears in 1 contract

Samples: Insurance Agreement (Keycorp Student Loan Trust 2000-A)

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