Common use of Rating Agency Condition for Servicer Transfer Clause in Contracts

Rating Agency Condition for Servicer Transfer. Notwithstanding the foregoing provisions relating to a Servicer Transfer, no Servicer Transfer shall be effective hereunder unless prior written notice thereof shall have been given to the Rating Agencies, and the Rating Agency Condition shall have been satisfied with respect thereto.

Rating Agency Condition for Servicer Transfer. Notwithstanding Not withstanding the foregoing provisions relating to a Servicer Transfer, no Servicer Transfer shall be effective hereunder unless prior written notice thereof shall have been given to the Rating Agencies, and the Rating Agency Condition shall have been satisfied with respect thereto.. ARTICLE NINE

Rating Agency Condition for Servicer Transfer. Notwithstanding the foregoing provisions relating to a Servicer Transfer, no Servicer Transfer Transfer, except in the case of the Backup Servicer assuming the role of Successor Servicer as contemplated by Sections 5.15(c) and 8.03(a), shall be effective hereunder unless prior written notice thereof shall have been given to the Rating Agencies, and the Rating Agency Condition shall have been satisfied with respect thereto.

Rating Agency Condition for Servicer Transfer. Notwithstanding the foregoing provisions relating to a Servicer Transfer, no Servicer Transfer shall be effective hereunder unless prior written notice thereof shall have been given to the Rating AgenciesAgencies and, and except as set forth in Section 8.02(b), the Rating Agency Condition shall have been satisfied with respect thereto.