Common use of Notice to Rating Agency Clause in Contracts

Notice to Rating Agency. The Trustee shall use its best efforts promptly to provide notice to the Rating Agency with respect to each of the following of which it has actual knowledge: (i) any change or amendment to this Agreement; (ii) the occurrence of any Administrative Agent Termination Event; (iii) the resignation or termination of an Administrative Agent, if any, or the Trustee; (iv) the appointment of a successor Trustee; (v) the repurchase or substitution of Underlying Securities, if any, pursuant to Section 2.3; (vi) the final payment to Holders of the Certificates of any Class; (vii) any change in the location of the Certificate Account; and (viii) any event that would result in the inability of the Trustee to make Advances. In addition, the Trustee shall promptly furnish to each Rating Agency copies of each report to Certificateholders described in Section 4.2 and the Administrative Agent, if any, or otherwise the Trustee shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.15; and (ii) each annual independent public accountants' servicing report described in Section 3.

Appears in 2 contracts

Samples: Base Trust Agreement (Synthetic Fixed Income Securities Inc), Base Trust Agreement (STRATS(SM) Trust for Procter & Gamble Securities, Series 2006-1)

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Notice to Rating Agency. The Trustee shall use its best efforts promptly to provide notice to the Rating Agency with respect to each of the following of which it has actual knowledge: (i) any change or amendment to this Agreement; (ii) the occurrence of any Administrative Agent Termination Event; (iii) the resignation or termination of an Administrative Agent, if any, or the Trustee; (iv) the appointment of a successor Trustee; (v) the repurchase or substitution of Underlying SecuritiesTerm Assets, if any, pursuant to Section 2.3; (vi) the final payment to Holders of the Certificates of any Class; (vii) any change in the location of the Certificate Account; and (viii) any event that would result in the inability of the Trustee to make Advances. In addition, the Trustee shall promptly furnish to each Rating Agency copies of each report to Certificateholders described in Section 4.2 and the Administrative Agent, if any, or otherwise the Trustee shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.15; and (ii) each annual independent public accountants' servicing report described in Section 3.

Appears in 2 contracts

Samples: Base Trust Agreement (Structured Products Corp), Base Trust Agreement (Structured Products Corp)

Notice to Rating Agency. The Trustee shall use its best efforts promptly to provide provide, or cause to be provided, notice to the Rating Agency with respect to each of the following of which it has actual knowledge: (i) any change or amendment to this Agreement; (ii) the occurrence of any Administrative Agent Administrator Termination Event; (iii) the resignation or termination of an Administrative AgentAdministrator, if any, or the Trustee; (iv) the appointment of a successor Trustee; (v) the repurchase or substitution of Underlying SecuritiesDeposited Assets, if any, pursuant to Section 2.3; (viv) the final payment to Holders of the Certificates of any Class; (viivi) any change in the location of the Certificate Account; and (viiivii) any event that would result in the inability of the Trustee to make Advances. In addition, the Trustee shall promptly furnish furnish, or cause to be furnished, to each Rating Agency copies of each report to Certificateholders described in Section 4.2 and the Administrative AgentAdministrator, if any, or otherwise the Trustee shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.15; and (ii) each annual independent public accountants' servicing report described in Section 3.

Appears in 2 contracts

Samples: Series Supplement (Structured Products Corp), Base Trust Agreement (Structured Products Corp)

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Notice to Rating Agency. The Trustee shall use its best efforts promptly to provide notice to the Rating Agency with respect to each of the following of which it has actual knowledge: (i) any change or amendment to this Agreement; (ii) the occurrence of any Administrative Agent Termination Event; (iii) the resignation or termination of an Administrative Agent, if any, or the Trustee; (iv) the appointment of a successor Trustee; (v) the repurchase or substitution of Underlying Securities, if any, pursuant to Section 2.3; (vi) the final payment to Holders of the Certificates of any Class; (vii) any change in the location of the Certificate Account; and (viii) any event that would result in the inability of the Trustee to make Advances. In addition, the Trustee shall promptly furnish to each Rating Agency copies of each report to Certificateholders described in Section 4.2 and the Administrative Agent, if any, or otherwise the Trustee shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.15; and (ii) each annual independent public accountants' ’ servicing report described in Section 3.in

Appears in 1 contract

Samples: Base Trust Agreement (Synthetic Fixed Income Securities Inc)

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