Common use of Issuance of Ratings Clause in Contracts

Issuance of Ratings. Financial Security shall have received confirmation that the risk secured by the Notes Policy constitutes an “A-” risk by S&P and an “A3” risk by Xxxxx’x and that (i) the Class A-1 Notes, when issued, will be rated “Prime-1” by Xxxxx’x, “A-1+” by S&P and “F1+” by Fitch and (ii) the Class A-2-A Notes, Class A-2-B Notes, Class A-3 Notes, and Class A-4 Notes, when issued, will each be rated “Aaa” by Xxxxx’x and “AAA” by S&P and Fitch.

Issuance of Ratings. Financial Security shall have received confirmation that the risk secured by the Notes Policy constitutes an “A-” investment grade risk by S&P and an “A3” insurable risk by Xxxxx’x and that (i) the Class A-1 Notes, when issued, will be rated “Prime-1” by Xxxxx’x, “A-1+” by S&P and “F1+” by Fitch and (ii) the Class A-2A-2 Notes, Class A-3-A Notes, Class A-2A-3-B Notes, Class A-3 Notes, Notes and Class A-4 Notes, when issued, will each be rated “Aaa” by Xxxxx’x and “AAA” by S&P and Fitch.

Issuance of Ratings. Financial Security shall have received confirmation that the risk secured by the Notes Policy constitutes an “A-” investment grade risk by S&P and an “A3” insurable risk by Xxxxx’x Mxxxx’x and that (i) the Class A-1 Notes, when issued, will be rated “Prime-1” by Xxxxx’xMxxxx’x, “A-1+” by S&P and “F1+” by Fitch and (ii) the Class A-2-A Notes, Class A-2-B Notes, Class A-3 A-3-A Notes, Class A-3-B Notes, Class A-4-A Notes and Class A-4 A-4-B Notes, when issued, will each be rated “Aaa” by Xxxxx’x Mxxxx’x and “AAA” by S&P and Fitch.

Issuance of Ratings. Financial Security shall have received confirmation that the risk secured by the Notes Policy constitutes an “A-” investment grade risk by S&P and an “A3” insurable risk by Xxxxx’x Xxxxx'x and that (i) the Class A-1 Notes, when issued, will be rated “Prime-1” "P-1" by Xxxxx’xXxxxx'x, “"A-1+” " by S&P and “"F1+” " by Fitch and (ii) the Class A-2-A Notes, Class A-2-B A-2 Notes, Class A-3 Notes, Notes and Class A-4 Notes, when issued, will each be rated “"Aaa” " by Xxxxx’x Xxxxx'x and “"AAA” " by S&P and Fitch.