Issuance of Ratings. FSA shall have received confirmation that ------------------- the risk secured by the Policy constitutes an investment grade risk by S&P and an insurable risk by Moody's and that the Securities, when issued, will be rated "AAA" by S&P and "Aaa" by Moody's.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (United Panam Financial Corp)
Issuance of Ratings. FSA shall have received confirmation that ------------------- the risk secured by the Policy constitutes an investment grade risk by S&P and an insurable risk by Moody's Xxxxx'x and that the Securities, when issued, will be rated "AAA" by S&P S&P, and "Aaa" by Moody'sXxxxx'x.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Prudential Securities Secured Financing Corp)
Issuance of Ratings. FSA shall have received confirmation that ------------------- the risk secured by the Policy constitutes an investment grade risk by S&P and an insurable risk by Moody's and that the SecuritiesObligations, when issued, will be rated "AAA" by S&P S&P, and "Aaa" by Moody's.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Bear Stearns Asset Backed Securities Inc)
Issuance of Ratings. FSA shall have received confirmation that ------------------- the risk secured by the Policy constitutes an investment grade risk by S&P and an insurable risk by Moody's ’s and that the Securities, when issued, will be rated "“AAA" ” by S&P and "“Aaa" ” by Moody's’s.
Appears in 1 contract
Issuance of Ratings. FSA shall have received confirmation that ------------------- the risk secured by the Policy constitutes an investment grade risk by S&P and an insurable risk by Moody's and that the Securities, when issued, will be rated "AAA" by S&P and "Aaa" by Moody's.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Accredited Home Lenders Inc)
