Common use of Trustee Resignation Clause in Contracts

Trustee Resignation. The Trustee shall not resign ------------------- pursuant to Section 11.07 of the Agreement without written confirmation from each Rating Agency that such resignation will not result in the Rating Agency's reducing or withdrawing its rating on any Class of any then outstanding Series rated by it.

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (FCC National Bank), Pooling and Servicing Agreement (FCC National Bank), Pooling and Servicing Agreement (FCC National Bank)

AutoNDA by SimpleDocs

Trustee Resignation. The Trustee shall not resign pursuant ------------------- pursuant to Section 11.07 of the Agreement without written confirmation from each Rating Agency that such resignation will not result in the Rating Agency's reducing or withdrawing its rating on any Class of any then outstanding Series rated by it.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Chicago Master Trust Ii)

AutoNDA by SimpleDocs

Trustee Resignation. The Trustee shall not resign ------------------- pursuant to ------------------- Section 11.07 of the Agreement without written confirmation from each Rating Agency that such resignation will not result in the Rating Agency's reducing or withdrawing its rating on any Class of any then outstanding Series rated by it.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (FCC National Bank)

Time is Money Join Law Insider Premium to draft better contracts faster.