Issuance of Ratings. FGIC shall have received confirmation that the risk secured by the Policy constitutes an investment grade risk by S&P and Xxxxx'x and that the Securities, when issued, will be rated "AAA" by S&P and "Aaa" by Xxxxx'x.
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Samples: Insurance and Indemnity Agreement (Equivantage Acceptance Corp)
Issuance of Ratings. FGIC FSA shall have received confirmation that ------------------- the risk secured by the Policy constitutes an investment grade risk by S&P and Xxxxx'x an insurable risk by Moody's and that the Securities, when issued, will be rated "AAA" by S&P and "Aaa" by Xxxxx'xMoody's.
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Samples: Insurance and Indemnity Agreement (United Panam Financial Corp)
Issuance of Ratings. FGIC FSA shall have received confirmation that the risk secured by the Policy constitutes an investment grade risk by S&P and Xxxxx'x an insurable risk by Moody's and that the SecuritiesObligations, when issued, will be rated "AAA" by S&P S&P, and "Aaa" by Xxxxx'xMoody's.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Bear Stearns Asset Backed Securities Inc)
Issuance of Ratings. FGIC FSA shall have received confirmation that the risk secured by the Policy constitutes an investment grade risk by S&P and an insurable risk by Xxxxx'x and that the Securities, when issued, will be rated "AAA" by S&P S&P, and "Aaa" by Xxxxx'x.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Prudential Securities Secured Financing Corp)
Issuance of Ratings. FGIC FSA shall have received confirmation that the risk secured by the Policy constitutes an investment grade risk by S&P and Xxxxx'x an insurable risk by Moody's and that the Securities, when issued, will be rated "AAA" by S&P and "Aaa" by Xxxxx'xMoody's.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Accredited Home Lenders Inc)
Issuance of Ratings. FGIC FSA shall have received confirmation that the risk secured by the Policy constitutes an investment grade risk by S&P and Xxxxx'x an insurable risk by Moody’s and that the Securities, when issued, will be rated "“AAA" ” by S&P and "“Aaa" ” by Xxxxx'xMoody’s.
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