Common use of Sponsor Rating Downgrade Clause in Contracts

Sponsor Rating Downgrade. If the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody's, as promptly as practicabxx xxx in any case within 90 days of the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody's, as promptly as practicabxx xxx practicable but in any case within 90 days of the xx xxx event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If either an Event of Servicing Termination has occurred and not been waived or the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody's, then as promptly as practicabxx xxx pracxxxxxxx but in any case within 90 days of the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody's, then as promptly as practicabxx xxx pracxxxxxxx but in any case within 90 days of the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody's, as promptly as practicabxx practicablx xxx in xn any case within 90 days of the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If either an Event of Servicing Termination has occurred and not been waived or the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody's, then as promptly as practicabxx xxx practxxxxxx but in any case within 90 days of the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If Should the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls fall below "BBB" by Standard & Poor's or "Baa2" by Moody'sXxxxx'x, as promptly as practicabxx xxx practicable but in any case within 90 days of the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody'sXxxxx'x, as promptly as practicabxx xxx practicable but in any case within 90 days of the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody's, then as promptly as practicabxx xxx practxxxxxx but in any case within 90 days of the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If either an Event of Servicing Termination has occurred and not been waived or the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "“BBB" ” by Standard & Poor's ’s or "“Baa2" ” by Moody'sXxxxx’x, then as promptly as practicabxx xxx practicable but in any case within 90 days of the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If either an Event of Servicing Termination has occurred and not been waived or the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody'sXxxxx'x, then as promptly as practicabxx xxx practicable but in any case within 90 days of the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If either an Event of Servicing Termination has occurred and not been waived or the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "[BBB]" by Standard & Poor's or "[Baa2]" by Moody's, then as promptly as practicabxx xxx practicable but in any case within 90 days xxxx of the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody's, then as promptly as practicabxx xxx practicable but in any case within 90 days of xxxx xx the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If either an Event of Servicing Termination has occurred and not been waived or the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody's, then as promptly as practicabxx xxx practicable but in any case within 90 days of xxxx xx the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody's, as promptly as practicabxx xxx practicable but in any case within 90 days of the daxx xx xhe event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody's, or if an Event of Servicing Termination is continuing and hxx xxx been waived then as promptly as practicabxx xxx practicable but in any case within 90 days of the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If either an Event of Servicing Termination has occurred and not been waived or the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody's, then as promptly as practicabxx xxx practicable but in any case within 90 days 00 xxxx of the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody's, then as promptly as practicabxx xxx practicable but in any case within 90 days of xxxx xf the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody's, or if an Event of Servicing Termination is continuing and xxx xxt been waived then as promptly as practicabxx xxx practicable but in any case within 90 days of the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If Should the long short-term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls fall below "BBBA-1" by Standard & Poor's or "Baa2Prime-1" by Moody's, as promptly as practicabxx xxx practicable but in any case within 90 days of the xx xxx event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody's, as promptly as practicabxx practicablx xxx in xn any case within 90 days of the event, or if an unwaived Event of Servicing Termination exists the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody'sXxxxx'x, then as promptly as practicabxx xxx practicable but in any case within 90 days of the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If either an Event of Servicing Termination has occurred and not been waived or the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "[BBB]" by [Standard & Poor's 's] or "[Baa2]" by [Moody's], then as promptly as practicabxx xxx practicable but in any case within 90 days of xxxx xf the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If Should the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls fall below "BBB" by Standard & Poor's or "Baa2" by Moody's, as promptly as practicabxx xxx practicable but in any case within 90 days of the xx xxx event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "BBB" by Standard & Poor's or "Baa2" by Moody's, as promptly as practicabxx xxx practicable but in any case within 90 days of the xx xxx event, or if an unwaived Event of Servicing Termination exists the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If the long term senior unsecured corporate debt rating of Countrywide Home Loans, Inc. falls below "“BBB" ” by Standard & Poor's ’s or "“Baa2" ” by Moody'sMxxxx’x, or if an Event of Servicing Termination is continuing and has not been waived, then as promptly as practicabxx xxx practicable but in any case within 90 days of the event, the Master Servicer shall, at its expense, either

Sponsor Rating Downgrade. If the long term senior unsecured corporate debt rating of [Countrywide Home Loans, Inc. Inc.] falls below "[BBB]" by [Standard & Poor's 's] or "[Baa2]" by [Moody's, ] as promptly as practicabxx xxx practicable but in any case within 90 days of the xx xxx event, the Master Servicer shall, at its expense, either