Secured Liquidity Notes Ratings. The Secured Liquidity Notes shall have been rated “A-l+” by S&P and “P-1” by Xxxxx’x, the Collateral Agent shall have received a copy of each letter evidencing any such rating and such ratings shall continue in full force and effect on the Effective Date.
Appears in 3 contracts
Samples: Security Agreement (New Century Financial Corp), Security Agreement (New Century Financial Corp), Security Agreement (New Century Financial Corp)
Secured Liquidity Notes Ratings. The Secured Liquidity Notes shall have been rated “A-l+” A-1+ by S&P and “P-1” P-1 by Xxxxx’x, Xxxxx’x and the Collateral Agent Issuer shall have received a copy of each letter evidencing any such rating and such ratings shall continue in full force and effect on the Effective Date.
Appears in 1 contract
Samples: Security Agreement (Accredited Home Lenders Holding Co)
Secured Liquidity Notes Ratings. The Secured Liquidity Notes shall have been rated “A-l+” A l+ by S&P and “P-1” P-1 by Xxxxx’x, Xxxxx’x and the Collateral Agent Issuer shall have received a copy of each letter evidencing any such rating and such ratings shall continue in full force and effect on the Effective Date.
Appears in 1 contract
Samples: Security Agreement (Accredited Home Lenders Holding Co)
