Issuance of Ratings. Financial Security shall have received confirmation that the risk secured by the Policies constitutes an investment grade risk by Standard and Poor's Corporation ("S&P") and an insurable risk by Xxxxx'x Investors Service, Inc. ("Xxxxx'x") and that the Class A-1 Notes, when issued, will be rated "A-1+" by S&P and "P-1" by Moody's, and that the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class A-5 Notes and the Certificates, when issued, will be rated "AAA" by S&P and "Aaa" by Moody's.
Appears in 2 contracts
Samples: Insurance and Indemnity Agreement (Olympic Financial LTD), Insurance and Indemnity Agreement (Olympic Financial LTD)
Issuance of Ratings. Financial Security shall have received confirmation that the risk secured by the Policies Note Policy constitutes an investment grade risk by Standard and Poor's Corporation ("S&P") and an insurable risk by Xxxxx'x Investors Service, Inc. ("Xxxxx'x") and that the Class A-1 Notes, when issued, will be rated "A-1+" by S&P and "P-1" by Moody's, and that the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class A-5 Notes and the CertificatesNotes, when issued, will be rated "AAA" by S&P and "Aaa" by Moody's.
Appears in 2 contracts
Samples: Insurance and Indemnity Agreement (Arcadia Financial LTD), Insurance and Indemnity Agreement (Arcadia Financial LTD)
Issuance of Ratings. Financial Security shall have received confirmation that the risk secured by the Policies Note Policy constitutes an investment grade risk by Standard and Poor's Corporation ("S&P") and an insurable risk by Xxxxx'x Investors Service, Inc. ("Xxxxx'x") and that the Class A-1 Notes, when issued, will be rated "A-1+" by S&P and "P-1" by Moody's, and that the Class A-2 Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, the Class A-5 Notes and the Certificates, when issued, will be rated "AAA" by S&P and "Aaa" by Moody's.
Appears in 2 contracts
Samples: Insurance and Indemnity Agreement (Arcadia Financial LTD), Insurance and Indemnity Agreement (Arcadia Financial LTD)
Issuance of Ratings. Financial Security shall have received confirmation that the risk secured by the Policies Note Policy constitutes an investment grade risk by Standard and Poor's Corporation ("S&P") and an insurable risk by Xxxxx'x Investors Service, Inc. ("Xxxxx'x") and that the Class A-1 Notes, when issued, will be rated "A-1+" by S&P and "P-1" by Moody's, and that the Class A-2 Notes, Notes and the Class A-3 Notes, the Class A-4 Notes, the Class A-5 Notes and the Certificates, when issued, will be rated "AAA" by S&P and "Aaa" by Moody's.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Arcadia Financial LTD)
Issuance of Ratings. Financial Security shall have received confirmation that the risk secured by the Policies Note Policy constitutes an investment grade risk by Standard and & Poor's Corporation Ratings Services, a division of the XxXxxx-Xxxx Companies, Inc. ("S&P") ), and an insurable risk by Xxxxx'x Investors Service, Inc. ("Xxxxx'xMoody's") and that the Class A-1 Notes, when issued, will be rated "A-1+" by S&P and "P-1" by Moody's, and that the Class A-2 Notes, the Notes and Class A-3 Notes, the Class A-4 Notes, the Class A-5 Notes and the Certificates, when issued, will each be rated "AAA" by S&P and "Aaa" by Moody's.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Arcadia Financial LTD)
Issuance of Ratings. Financial Security shall have received confirmation that the risk secured by the Policies Note Policy constitutes an investment grade risk by Standard and Poor's Corporation ("S&P") and an insurable risk by Xxxxx'x Investors Service, Inc. ("Xxxxx'xMoody's") and that the Class A-1 Notes, when issued, will be rated "A-1+" by S&P and "P-1" by Moody's, and that the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, and the Class A-5 Notes and the CertificatesNotes, when issued, will be rated "AAA" by S&P and "Aaa" by Moody's.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Arcadia Financial LTD)
Issuance of Ratings. Financial Security shall have received confirmation that the risk secured by the Policies constitutes an investment grade risk by Standard and Poor's Corporation ("S&P") and an insurable risk by Xxxxx'x Investors Service, Inc. ("Xxxxx'xMoody's") and that the Class A-1 Notes, when issued, will be rated "A-1+" by S&P and "P-1" by Moody's, and that the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class A-5 Notes and the Certificates, when issued, will be rated "AAA" by S&P and "Aaa" by Moody's.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Olympic Financial LTD)
Issuance of Ratings. Financial Security shall have received confirmation that the risk secured by the Policies Note Policy constitutes an investment grade risk by Standard and Poor's Corporation ("S&P") and an insurable risk by Xxxxx'x Investors Service, Inc. ("Xxxxx'x") and that the Class A-1 Notes, when issued, will be rated "A-1+" by S&P and "P-1" by Moody's, and that the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, and the Class A-5 Notes and the CertificatesNotes, when issued, will be rated "AAA" by S&P and "Aaa" by Moody's.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Arcadia Financial LTD)