Common use of Other Liquidity Facilities Clause in Contracts

Other Liquidity Facilities. The Corporation agrees not to enter into another standby bond purchase agreement or other similar form of liquidity facility in support of the tender feature of adjustable rate bonds or certificates, unless such bonds or certificates are rated by [Fitch,] [Moody's] or [Standard & Poor's] in their highest short-term and long-term rating categories (without regard to "+" or "-" or numerical distinction) after giving effect to such other agreement or liquidity facility in support of the tender feature of adjustable rate bonds or certificates.

Appears in 2 contracts

Samples: Standby Bond Purchase Agreement (Fgic Securities Purchase Inc), Standby Bond Purchase Agreement (Fgic Securities Purchase Inc)

AutoNDA by SimpleDocs

Other Liquidity Facilities. The Corporation agrees not to enter into another standby bond purchase agreement or other similar form of liquidity facility in support of the tender feature of adjustable rate bonds or certificates, unless such bonds or certificates are rated by [Fitch,] [Moody's] or and [Standard & Poor's] in their highest short-term and long-term rating categories (without regard to "+" or "-" or numerical distinction) after giving effect to such other agreement or liquidity facility in support of the tender feature of adjustable rate bonds or certificates.

Appears in 2 contracts

Samples: Standby Bond Purchase Agreement (Fgic Securities Purchase Inc), Standby Bond Purchase Agreement (Fgic Securities Purchase Inc)

Other Liquidity Facilities. The Corporation agrees not -------------------------- to enter into another standby bond purchase agreement or other similar form of liquidity facility in support of the tender feature of adjustable rate bonds or certificatesbonds, unless such bonds or certificates are rated by [Fitch,] [both Moody's] or ['s and Standard & Poor's] 's in their highest short-term and long-term rating categories (without regard to "+" or "-" or numerical distinction) after giving effect to such other agreement or liquidity facility in support of the tender feature of adjustable rate bonds or certificatescategories.

Appears in 1 contract

Samples: Standby Bond Purchase Agreement (Fgic Securities Purchase Inc)

Other Liquidity Facilities. The Corporation agrees not to enter into another standby bond purchase agreement or other similar form of liquidity facility in support of the tender feature of adjustable rate bonds or certificatesbonds, unless such bonds or certificates are rated by [Fitch,] [both Moody's] or ['s and Standard & Poor's] 's in their highest short-term and long-term rating categories (without regard to "+" or "-" or numerical distinction) after giving effect to such other agreement or liquidity facility in support of the tender feature of adjustable rate bonds or certificatesbonds.

Appears in 1 contract

Samples: Standby Bond Purchase Agreement (Fgic Securities Purchase Inc)

AutoNDA by SimpleDocs

Other Liquidity Facilities. The Corporation agrees not to enter into another standby bond purchase agreement or other similar form of liquidity facility in support of the tender feature of adjustable rate bonds or certificatesbonds, unless such bonds or certificates are rated by [Fitch,] [both Moody's] or ['s and Standard & Poor's] 's in their highest short-term and long-term rating categories (without regard to "+" or "-" or numerical distinction) after giving effect to such other agreement or liquidity facility in support of the tender feature of adjustable rate bonds or certificatescategories.

Appears in 1 contract

Samples: Standby Bond Purchase Agreement (Fgic Securities Purchase Inc)

Other Liquidity Facilities. The Corporation agrees -------------------------- not to enter into another standby bond purchase agreement or other similar form of liquidity facility in support of the tender feature of adjustable rate bonds or certificatesbonds, unless such bonds or certificates are rated by [Fitch,] [both Moody's] or ['s and Standard & Poor's] 's in their highest short-term and long-term rating categories (without regard to "+" or "-" or numerical distinction) after giving effect to such other agreement or liquidity facility in support of the tender feature of adjustable rate bonds or certificatesbonds.

Appears in 1 contract

Samples: Standby Bond Purchase Agreement (Fgic Securities Purchase Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!