Deposit Event. Either (i) The short-term debt obligations of the Master Servicer not being rated at least “A-1” by Standards & Poor’s and “P-1” by Moody’s or (ii) the occurrence of an Event of Servicing Termination.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (First Horizon Asset Securities Inc), Sale and Servicing Agreement (First Horizon Asset Sec HELOC Notes Ser 2007-He1), Sale and Servicing Agreement (First Horizon Asset Securities Inc)
Deposit Event. Either (i) The the short-term debt obligations of the Master Servicer not being rated at least “A-1” by Standards Standard & Poor’s and “P-1” by Moody’s or (ii) the occurrence of an Event of Servicing Termination.
Appears in 1 contract
