Common use of Rating Agency Requirements Clause in Contracts

Rating Agency Requirements. Notwithstanding anything to the contrary herein, to the extent any Rating Agency does not assign a rating to the notes or certificates, as applicable, issued pursuant to the Base Agreement, references to the requirements of such Rating Agency herein shall be ignored for purposes of this Agreement.

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (ChaseFlex Trust Series 2007-M1), Pooling and Servicing Agreement (Charming Shoppes Inc), Pooling and Servicing Agreement (BCAP LLC Trust 2007-Aa5)

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Rating Agency Requirements. Notwithstanding anything to the contrary herein, to the extent any Rating Agency does not assign a rating to the notes or certificates, as applicable, issued pursuant to the Base AgreementIndenture, references to the requirements of such Rating Agency herein shall be ignored for purposes of this Agreement.

Appears in 5 contracts

Samples: Master Agreement (CNH Capital Receivables LLC), Master Agreement (CNH Capital Receivables LLC), Master Agreement (CNH Equipment Trust 2008-A)

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