Common use of Supplemental Ratings Requirement Clause in Contracts

Supplemental Ratings Requirement. So long as any of the Series 1996-1 Certificates are outstanding, if any provision of the Purchase Agreement, the Pooling Agreement, this Supplement or the Certificate Purchase Agreement requires a person or investment to have a certain rating from S&P, and such person or investment is also rated by DCR, such provision shall be read to also require a rating from DCR that is equivalent to the required rating from S&P. * * * * *

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (International Comfort Products Corp), Pooling and Servicing Agreement (International Comfort Products Corp)

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Supplemental Ratings Requirement. So long as any of the Series 1996-1 2 Certificates are outstanding, if any provision of the Purchase Agreement, the Pooling Agreement, Agreement or this Supplement or the Certificate Purchase Agreement requires a person Person or investment to have a certain rating from S&P, and such person Person or investment is also rated by DCR, such provision shall be read to also require a rating from DCR that is equivalent to the required rating from S&P. * * * * *S&P.

Appears in 1 contract

Samples: Pooling and Servicing Agreement Supplement (Big Flower Press Holdings Inc)

Supplemental Ratings Requirement. So long as any of the Series 19961998-1 Certificates are outstanding, if any provision of the Purchase Agreement, the Pooling Agreement, this Supplement or the Certificate Purchase Agreement requires a person Person or investment to have a certain rating from S&P, and such person Person or investment is also rated by DCR, then, unless the context otherwise requires, such provision shall be read to also require a rating from DCR that is equivalent to the required rating from S&P. * * * * *S&P.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriserve Food Distribution Inc /De/)

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Supplemental Ratings Requirement. So long as any of the Series 1996-1 3 Certificates are outstanding, if any provision of the Purchase Agreement, the Pooling Agreement, this Supplement or the Certificate Purchase Agreement requires a person Person or investment to have a certain rating from S&P, and such person Person or investment is also rated by DCR, such provision shall be read to also require a rating from DCR that is equivalent to the required rating from S&P. * * * * *S&P.

Appears in 1 contract

Samples: Pooling and Servicing Agreement Supplement (Big Flower Press Holdings Inc)

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