Required Rating. Agent shall have the right at any time to request that a public rating of the Facility of at least the Required Rating be obtained from one credit rating agency acceptable to Agent. Each of Seller and Servicer agree that they shall cooperate with Agent’s efforts to obtain the Required Rating, and shall provide Agent, for distribution to the applicable credit rating agency, any information requested by such credit rating agency for purposes of providing the Required Rating. Any Ratings Request shall be in writing, and if the Required Rating is not obtained within 60 days following the date of such Ratings Request (unless the failure to obtain the Required Rating is solely the result of Agent’s failure to provide the credit rating agency with sufficient information to permit the credit rating agency to perform their analysis, and is not the result of Seller or Servicer’s failure to cooperate or provide sufficient information to Agent), (i) upon written notice by Agent to Seller, the Amortization Date shall occur, and (ii) outstanding Capital shall thereafter incur the Default Fee and costs associated with obtaining the Required Rating hereunder shall be paid by Seller or Servicer.
Required Rating. The Certificates shall have been rated " " by __________________________________.
Required Rating. Insurance carriers must have a Best rating of A(-)X or better.
Required Rating. 7 SECTION 1.17. Pool Insurance Policy...................................7 SECTION 1.18. Special Hazard Insurance Policy.........................7 SECTION 1.19. Performance Bond........................................7 SECTION 1.20. Warranty and Servicing Agreements.......................7 SECTION 1.21.
Required Rating. 7 [Section 1.17
Required Rating. All policies of insurance required by this Agreement shall be issued by companies authorized to do business in the State where the policy is issued and also in the states where any Project of the Borrower or its Subsidiaries is located and having a rating in Best’s Key Rating Guide of at least “A” and a financial size category of at least “X”.
Required Rating. 6 Section 11.18 Performance Bond........................................7 Section 11.19 Warranty and Servicing Agreements.......................7 Section 11.20
Required Rating. If at any time prior to the date that is 12 months after the end of the Term, the Issuer of the Performance Bond ceases to have the Required Rating, the Operator must procure the issue to TfNSW of a supplementary performance bond which complies with the requirements of clause 4.1 within 20 Business Days after the Issuer ceases to have the Required Rating.
Required Rating. The Notes have received, on the Closing Date, the following ratings from the Rating Agencies: Class Xxxxx’x Rating S&P Rating A-1 Aaa AAA A-2 Aa2 AAA M-1 N/R AA M-2 N/R A Sale and Servicing Agreement: The Sale and Servicing Agreement dated as of August 1, 2003, among the Issuer, the Seller, the Depositor, the Indenture Trustee and the Master Servicer, as such agreement may be amended or supplemented from time to time.
Required Rating. 32 Restoration.................................................32
