Common use of Issuance of Ratings Clause in Contracts

Issuance of Ratings. The Insurer has received confirmation that the Class A-1 Notes will be rated in the highest short term rating category by at least two nationally recognized statistical rating agencies, that the Class A-2 Notes and the Class A-3 Notes will be rated in the highest long term rating category by at least two nationally recognized statistical rating agencies and that, without the benefit of the Ambac Policy, the Class A Notes will have a shadow rating of at least BBB from S&P and Baa2 from Xxxxx’x;

Issuance of Ratings. The Insurer has received confirmation that the Class A-1 Notes will be rated in the highest short short-term rating category by at least two nationally recognized statistical rating agencies, that the Class A-2 Notes, the Class A-3 Notes and the Class A-3 A-4 Notes will be rated in the highest long long-term rating category by at least two nationally recognized statistical rating agencies and that, without the benefit of the Ambac FSA Policy, the Class A Notes will have a shadow rating of at least BBB "BBB-" from S&P and Baa2 "Baa3" from Xxxxx’xXxxxx'x;

Issuance of Ratings. The Insurer has received confirmation that the Class A-1 Notes will be rated in the highest short short-term rating category by at least two nationally recognized statistical rating agencies, that the Class A-2 Notes, the Class A-3 Notes and the Class A-3 A-4 Notes will be rated in the highest long long-term rating category by at least two nationally recognized statistical rating agencies and that, without the benefit of the Ambac Policy, the Class A Notes will have a shadow rating of at least BBB "BBB" from S&P and Baa2 "Baa2" from Xxxxx’xXxxxx'x;

Issuance of Ratings. The Insurer has received confirmation that the Class A-1 Notes will be rated in the highest short short-term rating category by at least two nationally recognized statistical rating agencies, that the Class A-2 Notes, the Class A-3 Notes and the Class A-3 A-4 Notes will be rated in the highest long long-term rating category by at least two nationally recognized statistical rating agencies and that, without the benefit of the Ambac Policy, the Class A Notes will have a shadow rating of at least BBB "BBB" from S&P and Baa2 "Baa2" from Xxxxx’xMoody's;

Issuance of Ratings. The Insurer has received confirmation that the Class A-1 Notes will be rated in the highest short short-term rating category by at least two nationally recognized statistical rating agencies, that the Class A-2 Notes, the Class A-3 Notes and the Class A-3 A-4 Notes will be rated in the highest long long-term rating category by at least two nationally recognized statistical rating agencies and that, without the benefit of the Ambac Policy, the Class A Notes will have a shadow rating of at least BBB “BBB” from S&P and Baa2 “Baa2” from Xxxxx’xMxxxx’x;

Issuance of Ratings. The Insurer has received confirmation that the Class A-1 Notes will be rated in the highest short short-term rating category by at least two nationally recognized statistical rating agencies, that the Class A-2 Notes, the Class A-3 Notes and the Class A-3 A-4 Notes will be rated in the highest long long-term rating category by at least two nationally recognized statistical rating agencies and that, without the benefit of the Ambac FSA Policy, the Class A Notes will have a shadow rating of at least BBB “BBB-” from S&P and Baa2 “Baa3” from Xxxxx’xMxxxx’x;

Issuance of Ratings. The Insurer has received confirmation that the Class A-1 Notes will be rated in the highest short short-term rating category by at least two nationally recognized statistical rating agencies, that the Class A-2 Notes and the Class A-3 Notes will be rated in the highest long long-term rating category by at least two nationally recognized statistical rating agencies and that, without the benefit of the Ambac Policy, the Class A Notes will have a shadow rating of at least BBB BB from S&P and Baa2 Baa3 from Xxxxx’xMoody's;