Rating Agency Fees. The initial fees of S&P and Moody's with respect to the Securities and the transactions contemplated hereby shall be paid by the Company in full on the Date of Issuance, or otherwise provided for to the satisfaction of FSA. All periodic and subsequent fees of S&P and Moody's with respect to, and directly allocable to, the Securities shall be for the account of, and shall be billed to, the Company. The fees for any other rating agency shall be paid by the party requesting such other agency's rating, unless such other agency is a substitute for S&P or Moody's in the event that S&P or Xxxxx'x is no longer rating the Securities, in which case the cost for such agency shall be paid by Company.
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Samples: Insurance and Indemnity Agreement (Prudential Securities Secured Financing Corp)
Rating Agency Fees. The initial fees of S&P and Moody's with respect to the Securities Preferred Stock and the transactions contemplated hereby shall be paid by the Company Fund in full on the Date date of Issuance, or otherwise provided for to issuance of the satisfaction of FSASurety Bond. All periodic and subsequent fees of S&P and or Moody's with respect to, and directly allocable to, to the Securities Preferred Stock shall be for the account ofof the Fund or, and shall be billed toif paid by Financial Security, reimbursed by the CompanyFund to Financial Security upon demand. The fees for any other rating agency shall be paid by the party requesting such other agency's rating, unless such other agency is a substitute for S&P or Moody's in the event that S&P or Xxxxx'x is no longer rating the Securitiessecurities, in which case the cost for such agency shall be paid by Companythe Fund.
Appears in 1 contract
Samples: Broker Dealer Agreement (Prospect Street High Income Portfolio Inc)
Rating Agency Fees. The initial fees of S&P and Moody's with respect to the Securities and the transactions contemplated hereby shall be paid by the Company Servicer in full on the Date of Issuance, or otherwise provided for to the satisfaction of FSAFinancial Security. All periodic and subsequent fees of S&P and or Moody's with respect to, and directly allocable to, the Securities shall be for the account of, and shall be billed to, the CompanyServicer. The fees for any other rating agency shall be paid by the party requesting such other agency's rating, unless such other agency is a substitute for S&P or Moody's in the event that S&P or Xxxxx'x is no longer rating the Securities, in which case the cost for such agency shall be paid by CompanyServicer.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Financial Pacific Co)
Rating Agency Fees. The initial fees of S&P and Moody's with respect to the Securities and the transactions contemplated hereby Transaction shall be paid by the Company OFL in full on the Date of Issuance, or otherwise provided for to the satisfaction of FSAFinancial Security. All periodic and subsequent fees of S&P and or Moody's with respect to, and directly allocable to, the Securities and the Transaction shall be for the account of, and shall be billed to, the CompanyOFL. The fees for any other rating agency shall be paid by the party requesting such other agency's rating, unless such other agency is a substitute for S&P or Moody's in the event that S&P or Xxxxx'x is no longer rating determining a capital charge with respect to the SecuritiesPolicy by Financial Security, in which case the cost for such agency shall be paid by CompanyOFL.
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Samples: Insurance and Indemnity Agreement (Olympic Financial LTD)
Rating Agency Fees. The initial fees of S&P and Moody's with respect to the Securities Preferred Stock and the transactions contemplated hereby shall be paid by the Company Fund in full on the Date date of Issuance, or otherwise provided for to issuance of the satisfaction of FSASurety Bond. All periodic and subsequent fees of S&P and or Moody's with respect to, and directly allocable to, to the Securities Preferred Stock shall be for the account ofof the Fund or, and shall be billed toif paid by Financial Security, reimbursed by the CompanyFund to Financial Security upon demand. The fees for any other rating agency shall be paid by the party requesting such other agency's rating, unless such other agency is a substitute for S&P or Moody's in the event that S&P or Xxxxx'x Moody's is no longer rating the Securitiessecurities, in which case the cost for xxxx xxr such agency shall be paid by Companythe Fund.
Appears in 1 contract
Samples: Insurance Agreement (Prospect Street High Income Portfolio Inc)