Provisions Relating to Rating Agencies. Provisions in this Agreement relating to Standard & Poor's, Moody's, Fitch, Duff & Xxxxxx or a Rating Agency shall be effective only so long as there is a Series of Investor Certificates outstanding that has been rated by such Rating Agency at the request of the Seller. By way of illustration and not limitation of the foregoing, if no Series of Investor Certificates then outstanding has been rated at the request of the Seller by Fitch, a notice required hereunder to be given to a Rating Agency need not be given to Fitch and an Eligible Institution need not have its debt or certificates of deposit rated by Fitch.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Deutsche Floorplan Receivables L P), Pooling and Servicing Agreement (CDF Funding, Inc.)
Provisions Relating to Rating Agencies. Provisions in this Agreement relating to Standard & Poor's, 's or Moody's, Fitch, Duff & Xxxxxx 's or a Rating Agency shall be effective only so long as there is a Series of Investor Certificates outstanding that has been rated by such Rating Agency at the request of the SellerTransferor. By way of illustration and not limitation of the foregoing, if no Series of Investor Certificates then outstanding has been rated at the request of the Seller Transferor by FitchStandard & Poor's, a notice required hereunder to be given to a Rating Agency need not be given to Fitch Standard & Poor's and an Eligible Institution need not have its debt or certificates of deposit rated by FitchStandard & Poor's.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp)
Provisions Relating to Rating Agencies. Provisions in this Agreement relating to Standard & Poor's, Moody's, Fitch, Duff & Xxxxxx Phelps or a Rating Agency shall be effective only so long as there is a Series ix x Xxries of Investor Certificates outstanding that has been rated by such Rating Agency at the request of the Seller. By way of illustration and not limitation of the foregoing, if no Series of Investor Certificates then outstanding has been rated at the request of the Seller by Fitch, a notice required hereunder to be given to a Rating Agency need not be given to Fitch and an Eligible Institution need not have its debt or certificates of deposit rated by Fitch.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Distribution Financial Services Floorplan Master Trust)
Provisions Relating to Rating Agencies. Provisions in -------------------------------------- this Agreement relating to Standard & Poor's, Moody's, Fitch, Duff & Xxxxxx or a Rating Agency shall be effective only so long as there is a Series of Investor Certificates outstanding that has been rated by such Rating Agency at the request of the Seller. By way of illustration and not limitation of the foregoing, if no Series of Investor Certificates then outstanding has been rated at the request of the Seller by Fitch, a notice required hereunder to be given to a Rating Agency need not be given to Fitch and an Eligible Institution need not have its debt or certificates of deposit rated by Fitch.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Deutsche Floorplan Receivables L P)
