Common use of Consents and Reports of Independent Accountants Clause in Contracts

Consents and Reports of Independent Accountants. Financial Security will furnish to the Underwriter, the Company, the Issuer and the Depositor, upon request, as comfort from its independent accountants in respect of its financial condition, (i) at the expense of the Person specified in the Insurance Agreement, a copy of the Offering Circular, including either a manually signed consent or a manually signed report of Financial Security's independent accountants and (ii) the quarterly review letter by Financial Security's independent accountants in respect of the most recent interim financial statements of Financial Security. Nothing in this Agreement shall be construed as a representation or warranty by Financial Security concerning the rating of its insurance financial strength by Standard & Poor's Ratings Services, a division of the XxXxxx-Xxxx Companies Inc., or of its insurer financial strength by Xxxxx'x Investors Service, Inc. or any other rating agency (collectively, the "Rating Agencies"). The Rating Agencies, in assigning such ratings, take into account facts and assumptions not described in the Offering Circular and the facts and assumptions which are considered by the Rating Agencies, and the ratings issued thereby, are subject to change over time.

Appears in 3 contracts

Samples: Indemnification Agreement (Prudential Securities Secured Financing Corp), Indemnification Agreement (Prudential Securities Secured Financing Corp), Indemnification Agreement (Prudential Securities Secured Financing Corp)

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Consents and Reports of Independent Accountants. Financial Security will furnish to the UnderwriterSeller, the Originator, the Company, the Issuer Depositor and the Depositoreach Underwriter, upon request, as comfort from its independent accountants in respect of its financial condition, (i) at the expense of the Person specified in the Insurance Agreement, a copy of the Offering Circular, including either a manually signed consent or a manually signed report of Financial Security's independent accountants and (ii) the quarterly review letter by Financial Security's independent accountants in respect of the most recent interim financial statements of Financial Security. Nothing in this Agreement shall be construed as a representation or warranty by Financial Security concerning the rating of its insurance financial strength claims-paying ability by Standard & Poor's Ratings Services, a division of the XxXxxx-Xxxx Companies Inc.Companies, Inc. or of its insurer financial strength by Xxxxx'x Investors Service, Inc. or any other rating agency (collectively, the "Rating Agencies"). The Rating Agencies, in assigning such ratings, take into account facts and assumptions not described in the Offering Circular and the facts and assumptions which are considered by the Rating Agencies, and the ratings issued thereby, are subject to change over time.

Appears in 1 contract

Samples: Indemnification Agreement (Prudential Securities Secured Financing Corp)

Consents and Reports of Independent Accountants. Financial Security will furnish to the Underwriter, the Company, the Issuer and the Depositor, upon request, as comfort from its independent accountants in respect of its financial condition, (i) at the expense of the Person specified in the Insurance Agreement, a copy of the Offering Circular, including either a manually signed consent or a manually signed report of Financial Security's independent accountants and (ii) the quarterly review letter by Financial Security's independent accountants in respect of the most recent interim financial statements of Financial Security. Nothing in this Agreement shall be construed as a representation or warranty by Financial Security concerning the rating of its insurance financial strength by Standard & Poor's Ratings Services, a division of the XxXxxxMxXxxx-Xxxx Companies Inc., or of its insurer financial strength by Xxxxx'x Mxxxx'x Investors Service, Inc. or any other rating agency (collectively, the "Rating Agencies"). The Rating Agencies, in assigning such ratings, take into account facts and assumptions not described in the Offering Circular and the facts and assumptions which are considered by the Rating Agencies, and the ratings issued thereby, are subject to change over time.

Appears in 1 contract

Samples: Indemnification Agreement (Prudential Securities Secured Financing Corp)

Consents and Reports of Independent Accountants. Financial Security will furnish to the UnderwriterUnderwriters, the Company, the Issuer Company and the Depositor, upon request, as comfort from its independent accountants in respect of its financial condition, (i) at the expense of the Person specified in the Insurance Agreement, a copy of the Offering CircularProspectus, including either a manually signed consent or a manually signed report of Financial Security's independent accountants and (ii) the quarterly review letter by Financial Security's independent accountants in respect of the most recent interim financial statements of Financial Security. Nothing in this Agreement shall be construed as a representation or warranty by Financial Security concerning the rating of its insurance financial strength claims-paying ability by Standard & Poor's Ratings Services's, a division of the XxXxxx-Xxxx Companies The McGraw Hill Companies, Inc., or of its insurer financial strength by Xxxxx'x Moody's Investors Service, Inc. Inc., Fitch, IBCA or any other rating agency (collectively, the "Rating Agencies"). The Rating Agencies, in assigning such ratings, take into account facts and assumptions not described in the Offering Circular Prospectus and the facts and assumptions which are considered by the Rating Agencies, and the ratings issued thereby, are subject to change over time.

Appears in 1 contract

Samples: Indemnification Agreement (Residential Asset Funding Corp)

Consents and Reports of Independent Accountants. Financial Security will furnish to the Underwriter, the Company, the Issuer Depositor and the DepositorIssuer, upon request, as comfort from its independent accountants in respect of its financial condition, (i) at the expense of the Person specified in the Insurance Agreement, a copy of the Offering CircularProspectus, including either a manually signed consent or a manually signed report of Financial Security's independent accountants and (ii) the quarterly review letter by Financial Security's independent accountants in respect of the most recent interim financial statements of Financial Security. Nothing in this Agreement shall be construed as a representation or warranty by Financial Security concerning the rating of its insurance financial strength claims-paying ability by Standard & Poor's Ratings ServicesService, a division Division of the XxXxxx-Xxxx Companies The McGraw Hill Companies, Inc., or of its insurer financial strength by Xxxxx'x Investors Service, Inc. or any other rating agency (collectively, the "Rating Agencies"). The Rating Agencies, in assigning such ratings, take into account facts and assumptions not described in the Offering Circular Prospectus and the facts and assumptions which are considered by the Rating Agencies, and the ratings issued thereby, are subject to change over time.

Appears in 1 contract

Samples: Indemnification Agreement (Bear Stearns Asset Backed Securities Inc)

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Consents and Reports of Independent Accountants. Financial Security will furnish to the Underwriter, the Company, the Issuer Depositor and the DepositorCompany, upon request, as comfort from its independent accountants in respect of its financial condition, (i) at the expense of the Person specified in the Insurance Agreement, a copy of the Offering CircularProspectus, including either a manually signed consent or a manually signed report of Financial Security's independent accountants and (ii) the quarterly review letter by Financial Security's independent accountants in respect of the most recent interim financial statements of Financial Security. Nothing in this Agreement shall be construed as a representation or warranty by Financial Security concerning the rating of its insurance financial strength by Moodx'x Xxxestors Service, Inc. or its insurer financial strength by Standard & Poor's Ratings Services, a division of the XxXxxxThe McGrxx-Xxxx Companies Inc.Xxxpanies, or of its insurer financial strength by Xxxxx'x Investors Service, Inc. or any other rating agency (collectively, the "Rating Agencies"). The Rating Agencies, in assigning such ratings, take into account facts and assumptions not described in the Offering Circular Prospectus and the facts and assumptions which are considered by the Rating Agencies, and the ratings issued thereby, are subject to change over time.

Appears in 1 contract

Samples: Indemnification Agreement (Ml Asset Backed Corp)

Consents and Reports of Independent Accountants. Financial Security will furnish to the Underwriter, the Company, the Issuer and the Depositor, upon request, as comfort from its independent accountants in respect of its financial condition, (i) at the expense of the Person specified in the Insurance Agreement, a copy of the Offering Circular, including either a manually signed consent or a manually signed report of Financial Security's independent accountants and (ii) the quarterly review letter by Financial Security's independent accountants in respect of the most recent interim financial statements of Financial Security. Nothing in this Agreement shall be construed as a representation or warranty by Financial Security concerning the rating of its insurance financial strength by Standard & Poor's Ratings Services, a division of the XxXxxx-Xxxx Companies Inc., Group or of its insurer financial strength by Xxxxx'x Investors Service, Inc. or any other rating agency (collectively, the "Rating Agencies"). The Rating Agencies, in assigning such ratings, take into account facts and assumptions not described in the Offering Circular and the facts and assumptions which are considered by the Rating Agencies, and the ratings issued thereby, are subject to change over time.

Appears in 1 contract

Samples: Indemnification Agreement (Prudential Securities Secured Financing Corp)

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