Rating Agency. Each of S&P and Xxxxx’x. If any such organization or its successor is no longer in existence, “Rating Agency” shall be a nationally recognized statistical rating organization, or other comparable Person, designated by the Depositor, notice of which designation shall be given to the Trustee. References herein to a given rating category of a Rating Agency shall mean such rating category without giving effect to any modifiers.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Cwabs Asset-Backed Certificates Trust 2005-Im3), Pooling and Servicing Agreement (Cwabs Inc. Asset-Backed Certificates Trust 2005-Im2), Pooling and Servicing Agreement (Nomura Asset Acceptance Corp. Alternate Loan Trust, Series 2005-Ap3)
Rating Agency. Each of S&P and Xxxxx’xor its successors. If any such organization agency or its successor is successors are no longer in existence, “Rating Agency” shall be a deemed to refer to such nationally recognized statistical rating organizationagency, or other comparable Person, designated by the Depositor, notice of which designation shall be given to the Grantor Trust Trustee. References herein to a given rating category , and specific ratings of a the Rating Agency shall mean such rating category without giving effect be deemed to any modifiersrefer to the equivalent ratings of the party so designated.
Appears in 3 contracts
Samples: Grantor Trust Agreement (Bear Stearns Structured Products Inc. Trust 2007-R3), Grantor Trust Agreement (Bear Stearns Structured Products Inc. Trust 2007-R3), Grantor Trust Agreement (Bear Stearns Structured Products Inc. Trust 2007-R3)
Rating Agency. Each of S&P and Xxxxx’x. If any such organization or its successor is no longer in existence, “Rating Agency” shall be a nationally recognized statistical rating organization, or other comparable Person, designated by the Depositor, notice of which designation shall be given to the TrusteeTrustee and the Securities Administrator. References herein to a given rating category of a Rating Agency shall mean such rating category without giving effect to any modifiers.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Nomura Asset Acceptance Corp), Pooling and Servicing Agreement (Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2005-S2)
Rating Agency. Each Either of S&P and Xxxxx’xor Fitch. If any such organization or its successor is no longer in existence, “"Rating Agency” " shall be a nationally recognized statistical rating organization, or other comparable Person, designated by the Depositor, notice of which designation shall be given to the Trustee. References herein to a given rating category of a Rating Agency shall mean such rating category without giving effect to any modifiers.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2005-He2), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc)
Rating Agency. Each of S&P and Xxxxx’x. If any either such organization or its a successor is no longer in existence, “Rating Agency” shall be a such nationally recognized statistical rating organization, or other comparable Person, as is designated by the Depositor, notice of which designation shall be given to the Indenture Trustee. References herein to a given rating category of a Rating Agency shall mean such rating category without giving effect to any modifiers.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Saxon Asset Securities Trust 2004-3), Sale and Servicing Agreement (Saxon Asset Securities Trust 2004-2)
Rating Agency. Each of S&P Fitch and Xxxxx’x. S&P. If any either such organization or its a successor is no longer in existence, “"Rating Agency” " shall be a such nationally recognized statistical rating organization, or other comparable Person, as is designated by the Depositor, notice of which designation shall be given to the Trustee. References herein to a given rating or rating category of a Rating Agency shall mean such rating category without giving effect to any modifiers.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Nationsbanc Montgomery Funding Corp), Pooling and Servicing Agreement (Banc of America Mortgag Sec Inc Pass Thru Cert Series 2004-3)
Rating Agency. Each of S&P and Xxxxx’xFitch. If any such organization or its successor is no longer in existence, “Rating Agency” shall be a nationally recognized statistical rating organization, or other comparable Person, designated by the Depositor, notice of which designation shall be given to the Trustee. References herein to a given rating category of a Rating Agency shall mean such rating category without giving effect to any modifiers.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Sec Inc Series 2004 1), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities Trust 2004-2)
Rating Agency. Each of S&P Fitch and Xxxxx’x. S&P. If any such organization or its successor is no longer in existence, “Rating Agency” shall be a nationally recognized statistical rating organization, or other comparable Person, designated by the Depositor, notice of which designation shall be given to the Trustee. References herein to a given rating category of a Rating Agency shall mean such rating category without giving effect to any modifiers.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2007-Ac6), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2005-Cl1)
Rating Agency. Each of S&P and Xxxxx’xMoxxx’x. If any such organization or its successor is no longer in existence, “Rating Agency” shall be a nationally recognized statistical rating organization, or other comparable Person, designated by the Depositor, notice of which designation shall be given to the Trustee. References herein to a given rating category of a Rating Agency shall mean such rating category without giving effect to any modifiers.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (ACE Securities Corp Home Equity Trust 2005-He3)
Rating Agency. Each of S&P and Xxxxx’x. If any such organization or its a successor is no longer in existence, “Rating Agency” shall be a such nationally recognized statistical rating organization, or other comparable Person, as is designated by the Depositor, notice of which designation shall be given to the Trustee. References herein to a given rating category of a Rating Agency shall mean such rating category without giving effect to any modifiers.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Saxon Asset Securities Trust 2007-1)
Rating Agency. Each of S&P Xxxxx’x, Fitch and Xxxxx’x. S&P. If any such organization or its successor is no longer in existence, “Rating Agency” shall be a nationally recognized statistical rating organization, or other comparable Person, designated by the Depositor, notice of which designation shall be given to the Indenture Trustee. References herein to a given rating category of a Rating Agency shall mean such rating category without giving effect to any modifiers.
Appears in 1 contract
Samples: Master Agreement (GSC Capital Corp. Mortgage Trust 2006-1)
Rating Agency. Each of S&P and Xxxxx’x. If any either such organization or its a successor is no longer in existence, “Rating Agency” shall be a such nationally recognized statistical rating organization, or other comparable Person, as is designated by the Depositor, notice of which designation shall be given to the Trustee. References herein to a given rating or rating category of a Rating Agency shall mean such rating category without giving effect to any modifiers.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, LLC)
Rating Agency. Each of S&P Fitch and Xxxxx’x. If any such organization S&X. Xx either sxxx xxxanization or its a successor is no longer in existence, “"Rating Agency” " shall be a such nationally recognized statistical rating organization, or other comparable Person, as is designated by the Depositor, notice of which designation shall be given to the Trustee. References herein to a given rating or rating category of a Rating Agency shall mean such rating category without giving effect to any modifiers.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Banc of America Mortgage 2007-4 Trust)
Rating Agency. Each of S&P and Xxxxx’x. If any such organization or its a successor is no longer in existence, “Rating Agency” shall be a such nationally recognized statistical rating organization, or other comparable Person, as is designated by the Depositor, notice of which designation shall be given to the Indenture Trustee. References herein to a given rating category of a Rating Agency shall mean such rating category without giving effect to any modifiers.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Saxon Asset Securities Trust 2006-1)
Rating Agency. Each of S&P Fitch and Xxxxx’x. S&P. If any either such organization or its a successor is no longer in existence, “"Rating Agency” " shall be a such nationally recognized statistical rating organization, or other comparable Person, as is designated by the Depositor, notice of which designation shall be given to the TrusteeTrustee and Assured Guaranty. References herein to a given rating or rating category of a Rating Agency shall mean such rating category without giving effect to any modifiers.
Appears in 1 contract
Rating Agency. Each of S&P Fitch and Xxxxx’x. S&P. If any either such organization or its a successor is no longer in existence, “"Rating Agency” " shall be a such nationally recognized statistical rating organization, or other comparable Person, as is designated by the Depositor, notice of which designation shall be given to the TrusteeTrustee and MBIA. References herein to a given rating or rating category of a Rating Agency shall mean such rating category without giving effect to any modifiers.
Appears in 1 contract
Rating Agency. Each of S&P Xxxxx’x and Xxxxx’x. S&P. If any such organization or its successor is no longer in existence, “Rating Agency” shall be a nationally recognized statistical rating organization, or other comparable Person, designated by the Depositor, notice of which designation shall be given to the Trustee. References herein to a given rating category of a Rating Agency shall mean such rating category without giving effect to any modifiers.
Appears in 1 contract
Rating Agency. Each of S&P [S&P, Xxxxx’x and Xxxxx’xFitch]. If any such organization or its a successor is no longer in existence, “Rating Agency” shall be a such nationally recognized statistical rating organization, or other comparable Person, as is designated by the Depositor, notice of which designation shall be given to the Indenture Trustee. References herein to a given rating category of a Rating Agency shall mean such rating category without giving effect to any modifiers.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Saxon Asset Securities Co)
