Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least a "BBB" risk by S&P and at least a "Baa2" risk by Xxxxx'x and that the Notes, when issued, will be rated "AAA" by S&P and "Aaa" by Xxxxx'x, respectively;
Appears in 2 contracts
Samples: Insurance and Indemnity Agreement (Origen Residential Securities, Inc.), Insurance and Indemnity Agreement (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2006-A)
Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least a "BBB" an investment grade risk by S&P and at least a "Baa2" risk by Xxxxx'x Xxxxx’x, and that the NotesObligations, when issued, will be rated "“AAA" ” by S&P and "“Aaa" ” by Xxxxx'x, respectively;Xxxxx’x.
Appears in 2 contracts
Samples: Insurance Agreement (First Investors Financial Services Group Inc), Insurance Agreement (First Investors Financial Services Group Inc)
Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least a "“BBB" risk ” by S&P and at least a "“Baa2" risk ” by Xxxxx'x Xxxxx’x and that the Notes, when issued, will be rated "“AAA" ” by S&P and "“Aaa" ” by Xxxxx'x, respectively;Xxxxx’x.
Appears in 1 contract
Issuance of Ratings. The Insurer shall have received confirmation that the risk secured insured by the Policy constitutes at least a "BBB" an investment grade risk by S&P and at least a "Baa2" risk by Xxxxx'x and that the NotesSecurities, when issued, will be rated "AAA" by S&P and "Aaa" by Xxxxx'x, respectively;Xxxxx'x and will be given a “shadow rating” of A- by S&P and A3 by Xxxxx’x.
Appears in 1 contract
Samples: Insurance Agreement (Keycorp Student Loan Trust 2002-A)
Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least a "BBB" an investment grade risk by S&P and at least a "Baa2" risk by Xxxxx'x Xxxxx’x, and that the Class A-1 Notes, when issued will be rated “A-1+” by S&P and “Prime-1” by Xxxxx’x, and the remaining Obligations, when issued, will be rated "“AAA" ” by S&P and "“Aaa" ” by Xxxxx'x, respectively;Xxxxx’x.
Appears in 1 contract
Samples: Insurance Agreement (First Investors Financial Services Group Inc)
Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least a "BBB" “A” risk by S&P and at least a "Baa2" “A2” risk by Xxxxx'x Xxxxx’x and that the Notes, when issued, will be rated "“AAA" ” by S&P and "“Aaa" ” by Xxxxx'x, respectivelyXxxxx’x;
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Greenpoint Mortgage Funding Trust 2006-He1)
Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least a "BBB" an investment grade risk by S&P S&P, Fitch and at least a "Baa2" risk by Xxxxx'x and that the NotesSecurities, when issued, will be rated "AAA" by S&P S&P, Fitch and "Aaa" by Xxxxx'x, respectively;.
Appears in 1 contract
Samples: Insurance Agreement (Keycorp Student Loan Trust 2000-B)
Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least a "BBB" an investment grade risk by S&P S&P, Fitch and at least a "Baa2" risk by Xxxxx'x Xxxxx’x and that the NotesSecurities, when issued, will be rated "“AAA" ” by S&P S&P, Fitch and "“Aaa" ” by Xxxxx'x, respectively;Xxxxx’x.
Appears in 1 contract
Samples: Insurance Agreement (Keycorp Student Loan Trust 2000-A)
Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least a "BBB" an investment grade risk by S&P and at least a "Baa2" risk by Xxxxx'x Xxxxx'x, and that the NotesObligations, when issued, will be rated "AAA" by S&P and "Aaa" by Xxxxx'x, respectively;.
Appears in 1 contract
Samples: Insurance Agreement (Residential Asset Funding Corp)
Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least a "BBBA" risk by S&P and at least a and "Baa2A2" risk by Xxxxx'x Xxxxx'x, and that the NotesObligations, when issued, will be rated "AAA" by S&P and "Aaa" by Xxxxx'x, respectively;.
Appears in 1 contract
Samples: Insurance Agreement (Ace Securities Corp Home Loan Trust 1999 a Asset Backed Note)
Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least a "“BBB" ” risk by S&P and at least a "“Baa2" ” risk by Xxxxx'x Xxxxx’x and that the Class A Notes, when issued, will be rated "“AAA" ” by S&P and "“Aaa" ” by Xxxxx'xXxxxx’x, respectively;
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Indymac MBS Inc)
Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least a "BBB" an investment grade risk by S&P and at least a "Baa2" risk by Xxxxx'x Xxxxx’x and that the NotesSecurities, when issued, will be rated "“AAA" ” by S&P S&P, and "“Aaa" ” by Xxxxx'x, respectively;Xxxxx’x.
Appears in 1 contract
Samples: Insurance Agreement (Keycorp Student Loan Trust 2003-A)
Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes its Policies is an investment grade risk rated at least a "BBB" risk BBB by S&P and at least a "Baa2" risk Baa2 by Xxxxx'x and that the Notes, when issued, will be rated "AAA" by S&P and "Aaa" by Xxxxx'x, respectively;Mxxxx’x.
Appears in 1 contract
Samples: Insurance Agreement (Hertz Corp)