Common use of Rule 17g-5 Compliance Clause in Contracts

Rule 17g-5 Compliance. The Seller and Bond Issuer agree that any notice, report, document or other information provided by the Seller or Bond Issuer to any Rating Agency under this Agreement or any other Basic Document to which it is a party, for the purpose of determining the initial credit rating of the Bonds and Certificates or undertaking credit rating surveillance of the Bonds and Certificates with any Rating Agency, shall be provided, substantially concurrently, to the Servicer for posting on the 17g-5 Website.

Appears in 4 contracts

Samples: Phase in Recovery Property Purchase and Sale Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013), Phase in Recovery Property Purchase and Sale Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013), Phase in Recovery Property Purchase and Sale Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013)

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Rule 17g-5 Compliance. The Seller and Bond Issuer agree that any notice, report, document or other information provided by the Seller or Bond Issuer to any Rating Agency under this Agreement or any other Basic Document to which it is a party, for the purpose of determining the initial credit rating of the Bonds and Certificates or undertaking credit rating surveillance of the Bonds and Certificates with any Rating Agency, shall be provided, substantially concurrently, to the Servicer for posting on the 17g-5 Website. [SIGNATURE PAGE FOLLOWS.]

Appears in 2 contracts

Samples: Phase in Recovery Property Purchase and Sale Agreement, Phase in Recovery Property Purchase and Sale Agreement

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