Common use of Notices to the Rating Agencies Clause in Contracts

Notices to the Rating Agencies. The Company or the Trustee, as applicable, shall notify each Rating Agency at such time as it is otherwise required pursuant to this Agreement to give notice of the occurrence of any of the events described in clauses (a), (b), (d), (e) or (f) below or provide a copy to the Rating Agency at such time as otherwise required to be delivered pursuant to this Agreement of any of the statements described in clause (c) below: (a) a material change or amendment to this Agreement, (b) the termination or appointment of a successor Trustee or a change in the majority ownership of the Trustee, (c) the statement required to be delivered to the Holders of each Class of Trust Certificates pursuant to Section 3.05, (d) a change in the location of the Trust Certificate Account, (e) the occurrence of the final Distribution Date, and (f) the repurchase of the Underlying Certificates.

Appears in 3 contracts

Samples: Trust Agreement (RALI Series 2005-Qr1 Trust), Trust Agreement (Stanwich Asset Acceptance CO LLC), Trust Agreement (RALI Series 2004-Qr1 Trust)

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Notices to the Rating Agencies. The Company or the Trustee, as applicable, shall notify each Rating Agency at such time as it is otherwise required pursuant to this Agreement to give notice of the occurrence of any of the events described in clauses (a), (b), (d), (e) or (f) below or provide a copy to the Rating Agency at such time as otherwise required to be delivered pursuant to this Agreement of any of the statements described in clause (c) below: (a) a material change or amendment to this Agreement, (b) the termination or appointment of a successor Trustee or a change in the majority ownership of the Trustee, (c) the statement required to be delivered to the Holders of each Class of Trust Certificates pursuant to Section 3.053.06, (d) a change in the location of the Trust Certificate Account, (e) the occurrence of the final Distribution Date, and (f) the repurchase of the Underlying CertificatesCertificate.

Appears in 3 contracts

Samples: Trust Agreement (Residential Accredit Loans Inc), Trust Agreement (Residential Accredit Loans Inc), Trust Agreement (Residential Asset Gmacm Mortgage Loan Trust 2004-Jr1)

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Notices to the Rating Agencies. The Company or the Trustee, as applicable, shall notify each Rating Agency at such time as it is otherwise required pursuant to this Agreement to give notice of the occurrence of any of the events described in clauses (a), (b), (d), (e) or (f) below or provide a copy to the Rating Agency at such time as otherwise required to be delivered pursuant to this Agreement of any of the statements described in clause (c) below: (a) a material change or amendment to this Agreement, (b) the termination or appointment of a successor Trustee or a change in the majority ownership of the Trustee, (c) the statement required to be delivered to the Holders of each Class of Trust Certificates pursuant to Section 3.053.06, (d) a change in the location of the Trust Certificate Account, (e) the occurrence of the final Distribution Date, and (f) the repurchase of the Underlying Certificates.

Appears in 1 contract

Samples: Trust Agreement (Residential Accredit Loans Inc)

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