Rating Agency Downgrade. (a) If BSFP fails to satisfy the Required Ratings (a "Ratings Event"), then BSFP shall, at its own expense and subject to the Rating Agency Condition, either
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2006-Ar3), Grantor Trust Agreement (Bear Stearns Mortgage Funding Trust 2006-Ar3), Pooling Agreement (Luminent Mortgage Trust 2006-7)
Rating Agency Downgrade. (a) If BSFP fails to satisfy the Required Ratings (a "“Ratings Event"”), then BSFP shall, at its own expense and subject to the Rating Agency Condition, either
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Wf1), Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2006-Am3)
Rating Agency Downgrade. (a) If BSFP fails to satisfy the Required Ratings (a "“Ratings Event"”), then BSFP shall, at its own expense and subject to the Rating Agency Conditionexpense, either
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Wf1)
Rating Agency Downgrade. (a) If BSFP fails to satisfy the Required Ratings (a "Ratings EventRATINGS EVENT"), then BSFP shall, at its own expense and subject to the Rating Agency Condition, either
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-Rm5)
