Common use of Required Ratings Clause in Contracts

Required Ratings. The Class B-1, Class B-2 and Class B-3 Certificates shall have received Required Ratings of at least "AA," "A" and "BBB" by Standard & Poor's Rating Services, a division of The McGraw-Hill Companies, Inc. ("S&P").

Appears in 1 contract

Samples: Terms Agreement (First Horizon Asset Securities Inc)

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Required Ratings. The Class B-1, Class B-2 and Class B-3 Certificates shall have received Required Ratings of at least "AA," "A" and "BBB," by respectively, from Standard & Poor's Rating ServicesPoors Ratings Service, a division of The McGraw-Hill Companies, Inc. ("S&P").

Appears in 1 contract

Samples: Terms Agreement (First Horizon Asset Securities Inc)

Required Ratings. The Class B-1, Class B-2 and Class B-3 Offered Certificates shall have received Required Ratings of (i) at least "AA," "A" ” from Standard and "BBB" by Standard & Poor's Rating ’s Ratings Services, a division of The McGrawXxXxxx-Hill Xxxx Companies, Inc. ("S&P")”) in the case of the Class B-1 Certificates, (ii) at least “A” from S&P in the case of the Class B-2 Certificates and (iii) at least “BBB” from S&P in the case of the Class B-3 Certificates.

Appears in 1 contract

Samples: Terms Agreement (First Horizon Asset Securities Inc)

Required Ratings. The Class B-1, Class B-2 and Class B-3 Certificates shall have received Required Ratings of at least "AA," "A" and "BBB," by respectively, from Standard & Poor's Rating Ratings Services, a division of The McGraw-Hill Companies, Inc. ("S&P").Inc.

Appears in 1 contract

Samples: Terms Agreement (First Horizon Asset Securities Inc)

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Required Ratings. The Class B-1, Class B-2 and Class B-3 Certificates shall have received Required Ratings of at least "(i) “AA," "A" and "BBB" by ” from Standard & Poor's ’s Rating Services, a division of The McGrawthe MxXxxx-Hill Xxxx Companies, Inc. ("S&P"), in the case of the Class B-1 Certificates, (ii) “A” from S&P, in the case of the Class B-2 Certificates, and (iii) “BBB” from S&P, in the case of the Class B-3 Certificates.

Appears in 1 contract

Samples: Terms Agreement (First Horizon Asset Sec Mort Pass THR Certs Ser 2006-Aa6)

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