Subsequent to the execution and delivery. of this Agreement, a downgrading, or public notification of a possible change, without indication of direction, shall have occurred in the rating afforded any of the debt securities or claims paying ability of any person providing any form of credit enhancement for any of the Certificates, by any "nationally recognized statistical rating organization," as that term is defined by the Commission for purposes of Rule 436(g)(2) under the Securities Act; or
Appears in 6 contracts
Samples: 'S Agreement (Prudential Securities Secured Financing Corp), Prudential Securities (Prudential Securities Secured Financing Corp), Morgan (Morgan Stanley Abs Capital I Inc)
Subsequent to the execution and delivery. of this Agreement, a downgrading, or public notification of a possible change, without indication of direction, shall have occurred in the rating afforded any of the debt securities or claims paying ability of any person providing any form of credit enhancement for any of the CertificatesNotes, by any "nationally recognized statistical rating organization," as that term is defined by the Commission for purposes of Rule 436(g)(2) under the Securities Act; or.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Bear Stearns Asset Backed Sec Inc Irwin Home Eq Lo Tr 2001-2)
Subsequent to the execution and delivery. of this Agreement, a downgrading, or public notification of a possible change, without indication of direction, shall have occurred in the rating afforded any of the debt securities or claims paying ability of any person providing any form of credit enhancement for any of the CertificatesNotes, by any "nationally recognized statistical rating organization," as that term is defined by the Commission for purposes of Rule 436(g)(2) under the Securities Act; or
Appears in 1 contract
Samples: 'S Agreement (Prudential Securities Secured Financing Corp)
