Common use of Qualified Depository Clause in Contracts

Qualified Depository. (a) the corporate trust department of a national bank, or (b) a depository, the accounts of which are insured by the FDIC through the BIF or the SAIF and the short term debt ratings and the long term deposit ratings of which are rated in the highest rating category by Standard & Poor's Ratings Services, a division of The XxXxxx-Xxxx Companies Inc., Xxxxx'x Investors Service, Inc. and Fitch IBCA Inc.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Structured Asset Mortgage Investments Inc)

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Qualified Depository. (a) the corporate trust department of a national bank, The Custodian or (b) a depository, the accounts of which are insured by the FDIC through the BIF or the SAIF and the short term debt ratings and the long term deposit ratings of which are rated in one of the two highest rating category categories by Standard & Poor's Ratings Services, a division of The XxXxxx-Xxxx Companies Inc., Xxxxx'x Investors Service, Inc. Inc., and Fitch IBCA Inc.

Appears in 1 contract

Samples: Servicing Agreement (American Business Financial Services Inc /De/)

Qualified Depository. (a) the corporate trust department of a national bank, The Custodian or (b) a depository, the accounts of which are insured by the FDIC through the BIF or the SAIF and the short term debt ratings and the long term deposit ratings of which are rated in one of the two highest rating category categories by Standard & Poor's Ratings Services, a division of The XxXxxx-Xxxx Companies Inc., Xxxxx'x Investors Service, Inc., Fitch IBCA Inc. and Fitch IBCA Inc.Duff & Xxxxxx Credit Rating Co.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Structured Asset Mortgage Investments Inc)

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Qualified Depository. (a) the corporate trust department of a national bank, The Custodian or (b) a depository, the accounts of which are insured by the FDIC through the BIF or the SAIF and the short term debt ratings and the long term deposit ratings of which are rated in one of the two highest rating category categories by Standard & Poor's Ratings Services, a division of The XxXxxxMcGraw-Xxxx Hill Companies Inc., Xxxxx'x Moody's Investors Service, Inc. and Fitch IBCA Inc.Xxxxxxx.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Prime Mortgage Trust 2005-5)

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