Servicer Rating Sample Clauses

Servicer Rating. The Borrower shall furnish the Lender notice of any decrease in any servicer rating of the Borrower by any rating agency to a level that is two levels or more below the level of such servicer rating as of the Closing Date;
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Servicer Rating. If Lender shall receive a notice pursuant to Section 7.03(g) hereof, Lender shall have the right in its discretion to require that Borrower enter into an amendment to this Agreement to require that Borrower maintain such thresholds with the Applicable Agencies as Lender may require at such time.
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Servicer Rating. Within two (2) Business Days of receipt of notice of any decrease in any servicer rating of a Borrower or Subservicer by any Agency or any rating agency to a level below the level on the date hereof or the imposition of a new servicer threshold by any rating agency or any Agency.
Sample 1
Servicer Rating. Borrower shall provide written notice to the Lender within two (2) Business Days of receipt of notice of any decrease in any servicer rating of the Servicer below (i) “SQ3”, as rated by Xxxxx’x or (ii) “Average”, as rated by S&P.
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Servicer Rating. The Seller shall provide written notice to the Buyer within two (2) Business Days of receipt of notice of any decrease in any servicer rating of the Servicer below (i) “SQ3”, as rated by Xxxxx’x or (ii) “Average”, as rated by S&P.
Sample 1
Servicer Rating. Promptly, but in any event within five (5) Business Days, the Borrower shall furnish the Lender after the Borrower obtains Knowledge thereof, notice of any decrease in any servicer rating of the Borrower by any Agency to a level below the immediately preceding level; provided, however, that the failure by the Borrower to provide the notice required pursuant to this Section 9.08 with respect solely to any notice received from the Owner as described above, shall not be deemed to be a breach of this Section 9.08 (or otherwise result in a Default or an Event of Default).
Sample 1
Servicer Rating. Seller shall maintain a minimum rating as Servicer of loans of Below Average with respect to Standard & Poor’s and RPS2- with respect to Fitch (each a “Minimum Servicer Rating”).
Sample 1
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Servicer Rating. Promptly, but in any event within ten (10) Business Days after any Responsible Officer has Knowledge thereof, the Borrower shall furnish the Lender notice of any decrease in any servicer rating of the Borrower or subservicer by any Agency or any rating agency to a level below the immediately preceding level or the imposition of a new servicer threshold by any rating agency or any applicable Agency.
Sample 1

Related to Servicer Rating

  • Insurance Carrier Rating Coverages provided by Contractor must be underwritten by an insurance company deemed acceptable to the State of Washington’s Office of Risk Management. Insurance coverage shall be provided by companies authorized to do business within the State of Washington and rated A- Class VII or better in the most recently published edition of Best’s Insurance Rating. Enterprise Services reserves the right to reject all or any insurance carrier(s) with an unacceptable financial rating.

  • Rating Agencies To the extent, if any, that the ratings provided with respect to the Offered Certificates by certain nationally recognized statistical rating organizations (as described in Section 6(q)) are conditional upon the furnishing of documents or the taking of any other action by the Depositor, the Depositor shall use its best efforts to furnish such documents and take any other such action.

  • Rating Agency Fees The Depositor shall pay (or cause to be paid) the annual fees of each Rating Agency including, but not limited to, surveillance fees.

  • Rating Agency Downgrade In the event that BSFP's long-term unsecured and unsubordinated debt rating is withdrawn or reduced below "A+" by S&P or its long-term unsecured and unsubordinated debt rating is withdrawn or reduced below "A1" by Moody's (and together with S&P, the "Swap Rating Agencies", and such rating thresholds, "Approved Rating Thresholds"), then within 30 days after such rating withdrawal or downgrade BSFP shall, at its own expense, either (i) cause another entity to replace BSFP as party to this Agreement that meets or exceeds the Approved Rating Thresholds and that is approved by the Administrator (which approval shall not be unreasonably withheld) on terms substantially similar to this Agreement, (ii) obtain a guaranty of, or a contingent agreement of another person with the Approved Rating Thresholds, to honor, BSFP's obligations under this Agreement; provided that such other person is approved by the Administrator , such approval not to be unreasonably withheld, or (iii) deliver collateral acceptable in a form and amount acceptable to Standard and Poor’s Ratings Services, Inc. ("S&P") and Xxxxx'x Investors Service, Inc. ("Moody's"), and subject to written confirmation from S&P and Moody's that delivery of such collateral in the context of such downgrade will not result in a withdrawal, qualification or downgrade of the then current ratings assigned to the Notes. NEITHER THE BEAR XXXXXXX COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR XXXXXXX COMPANIES INC. OTHER THAN BSFP IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS AGREEMENT.

  • Rating Agency Each of Xxxxx’x, Fitch and S&P or their successors. If such agencies or their successors are no longer in existence, “Rating Agencies” shall be such nationally recognized statistical rating agencies, or other comparable person, agreed upon and designated by the Seller, notice of which designation shall be given to the Trustee, the NIMS Insurer, the Master Servicer and the Servicer.

  • Moody’s Xxxxx’x Investors Service, Inc. and its successors.

  • Required Ratings The Offered Certificates shall have received Required Ratings of at least [ ] from [ ].

  • Ratings No “nationally recognized statistical rating organization” as such term is defined for purposes of Rule 436(g)(2) (i) has imposed (or has informed the Company that it is considering imposing) any condition (financial or otherwise) on the Company’s retaining any rating assigned to the Company or any securities of the Company or (ii) has indicated to the Company that it is considering any of the actions described in Section 7(c)(ii) hereof.

  • Debt Rating The Liquidity Provider has a short-term debt ratings of “P-1” from Xxxxx’x and “F1+” from Fitch.

  • Rating The Notes can be issued without the requirement that they have any rating from a nationally recognized statistical rating organization.

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