Approved Rating Thresholds definition

Approved Rating Thresholds means an entity that has a long-term and short-term senior unsecured deposit rating of at least A and A-1 by S&P, A1 and P-1 by Moody's or A and F1 by Fitch, to the extent such obligations are rated by S&P, Moody's and Fitch. Please confirm that the foregoing correctly sets xxxxx xhe terms and conditions of our agreement by returning within three (3) Business Days via telecopier an executed copy of this Confirmation to the attention of Global Derivative Operations (fax no. 1-866-255-1444)). Failure to respond within such period shall not axxxxx xxx xxxxdity or enforceability of this Transaction, and shall be deemed to be an affirmation of the terms and conditions contained herein, absent manifest error. Yours sincerely, Bank of America, N.A. By: ________________________________________ Name: Title: Confirmed as of the date above: Banc of America Funding 2006-7 Trust By: Wells Fargo Bank, N.A., not in its individual capacity but solexx xx Securities Administrator on behalf of Banc of America Funding 2006-7 Trust By: __________________________________________ Name: Title SCHEDULE A Our Reference Numbers: 4862606 4862607 Notional Amount (USD) Start Date End Date --------------------- ---------- -------- 87,663,000.00 10/25/2006 11/25/2006 86,945,531.00 11/25/2006 12/25/2006 86,079,960.00 12/25/2006 1/25/2007 85,066,849.00 1/25/2007 2/25/2007 83,906,949.00 2/25/2007 3/25/2007 82,601,276.00 3/25/2007 4/25/2007 81,151,114.00 4/25/2007 5/25/2007 79,558,010.00 5/25/2007 6/25/2007 77,823,772.00 6/25/2007 7/25/2007 75,950,472.00 7/25/2007 8/25/2007 73,940,441.00 8/25/2007 9/25/2007 71,796,260.00 9/25/2007 10/25/2007 70,451,595.00 10/25/2007 11/25/2007 69,028,330.00 11/25/2007 12/25/2007 67,529,285.00 12/25/2007 1/25/2008 65,957,480.00 1/25/2008 2/25/2008 64,316,127.00 2/25/2008 3/25/2008 62,608,623.00 3/25/2008 4/25/2008 60,838,540.00 4/25/2008 5/25/2008 59,009,617.00 5/25/2008 6/25/2008 57,125,750.00 6/25/2008 7/25/2008 55,190,981.00 7/25/2008 8/25/2008 53,209,485.00 8/25/2008 9/25/2008 51,185,562.00 9/25/2008 10/25/2008 49,123,624.00 10/25/2008 11/25/2008 47,033,541.00 11/25/2008 12/25/2008 44,932,173.00 12/25/2008 1/25/2009 42,823,030.00 1/25/2009 2/25/2009 40,713,030.00 2/25/2009 3/25/2009 38,667,020.00 3/25/2009 4/25/2009 36,683,588.00 4/25/2009 5/25/2009 34,761,351.00 5/25/2009 6/25/2009 32,898,954.00 6/25/2009 7/25/2009 31,095,068.00 7/25/2009 8/25/2009 29,348,395.00 8/25/2009 9/25/2009 27,657,659.00 9/25/2009 10/25/2009 26,021,613.00 10/25/2009 11/25/2009 24...
Approved Rating Thresholds means a long-term and short-term senior unsecured deposit rating of at least A and A-1 by S&P, A1 and P-1 by Moody's or A and F1 by Fitch, to the extent such obligations are rated by S&P, Moody's and Fitch. Please confirm that the foregoing correctlx xxxx forth the terms and conditions of our agreement by returning within three (3) Business Days via telecopier an executed copy of this Confirmation to the attention of Global FX and Derivative Operations (fax no.(+1) 866 255 1444). Failure to respond within such period shall not xxxxxx xxx xxxxxxty or enforceability of this Transaction, and shall be deemed to be an affirmation of the terms and conditions contained herein, absent manifest error. Yours sincerely, Bank of America, N.A. By: /s/ Mary Beth Knight ----------------------------------- Namx: Xxxx Xxxx Xnight Title: Assistant Vice President Confirmed xx xx xxx xxxx xbove: Banc of America Alternative Loan Trust 2006-3 By: Wells Fargo Bank, N.A. not in its individual capacity, but solely as Xxxxtee on behalf of Banc of America Alternative Loan Trust 2006-3 By: /s/ Jennifer L. Richardson ----------------------------------- Xxxx: Xxxxxxxx X. Richardson Title: Assistant Vice President
Approved Rating Thresholds means an entity that has a long-term and short-term senior unsecured deposit rating of at least A and A-1 by S&P and A1 and P-1 by Moody's, to the extent such obligations are rated by S&P and Moody's.

Examples of Approved Rating Thresholds in a sentence

  • Upon the Swap Contract Administrator obtaining actual knowledge of the rating of the Counterparty falling below the Approved Rating Thresholds (as defined in the Swap Contract), the Swap Contract Administrator, at the direction of the Trustee, shall negotiate an ISDA Credit Support Annex with the Counterparty that meets the terms of the Swap Contract.

  • Upon the Swap Trustee obtaining actual knowledge of the rating of the Swap Counterparty falling below the Approved Rating Thresholds (as defined in the Swap Contract), the Swap Trustee shall negotiate an ISDA Credit Support Annex with the Swap Counterparty that meets the terms of the Swap Contract.

  • Upon the Swap Contract Administrator obtaining actual knowledge of the rating of the Swap Counterparty falling below the Approved Rating Thresholds (as defined in the Swap Contract), the Swap Trustee shall direct the Swap Contract Administrator to demand payment of the Delivery Amount (as defined in the ISDA Credit Support Annex) on each Valuation Date (as defined in the ISDA Credit Support Annex) and to perform its other obligations in accordance with the ISDA Credit Support Annex.

  • Upon the Swap Contract Administrator obtaining actual knowledge of the rating of the Swap Counterparty falling below the Approved Rating Thresholds (as defined in the Swap Contract), the Swap Trustee shall direct the Swap Contract Administrator to negotiate an ISDA Credit Support Annex with the Swap Counterparty that meets the terms of the Swap Contract.

  • Upon the Supplemental Interest Trustee obtaining actual knowledge of the rating of the Swap Counterparty falling below the Approved Rating Thresholds (as defined in the Swap Contract), the Supplemental Interest Trustee shall act at the written direction of the Depositor to execute an ISDA Credit Support Annex with the Swap Counterparty that meets the terms of the Swap Contract.


More Definitions of Approved Rating Thresholds

Approved Rating Thresholds. As defined in Section 3.30(b) hereof.
Approved Rating Thresholds means a long-term and short-term senior unsecured deposit rating of at least A and A-1 by S&P, A1 and P-1 by Moody's or A and F1 by Fitch, to the extent such obligations are rated by S&P, Moody's and Fitch.
Approved Rating Thresholds means a long-term and short-term senior unsecured deposit rating of at least A and A-1 by S&P, A1 and P-1 by Moody's or A and F1 by Fitch, to the extent such obligations are rated by S&P, Moody's and Fitch. Please confirm that the foregoing correctly sexx xxxxh the terms and conditions of our agreement by returning within three (3) Business Days via telecopier an executed copy of this Confirmation to the attention of Global FX and Derivative Operations (fax no.(+1) 866 255 1444). Failure to respond within such period shall not xxxxxx xxx xxxxxxty or enforceability of this Transaction, and shall be deemed to be an affirmation of the terms and conditions contained herein, absent manifest error. Yours sincerely, Bank of America, N.A. By: /s/ Mary Beth Knight --------------------------------------- Name: Xxxx Xxxx Xxxxht Title: Assistant Vice President Confirmed as of xxx xxxx xxxxx: Banc of America Alternative Loan Trust 2006-5 By: Wells Fargo Bank, N.A. not in its individual capacity, but solely as Xxxxtee on behalf of Banc of America Alternative Loan Trust 2006-5 By: /s/ Darron C. Woodus --------------------------------------- Name: Xxxxxx X. Xxxxus Title: Assistant Vice President SCHEDULE A Our Reference Numbers: 4599556 4599557 Notional Amount (USD) Start Date End Date --------------------- ---------- ---------- 15,000,000.00 5/25/2006 6/25/2006 14,870,631.00 6/25/2006 7/25/2006 14,705,107.00 7/25/2006 8/25/2006 14,503,849.00 8/25/2006 9/25/2006 14,267,380.00 9/25/2006 10/25/2006 13,996,328.00 10/25/2006 11/25/2006 13,691,421.00 11/25/2006 12/25/2006 13,353,490.00 12/25/2006 1/25/2007 12,983,462.00 1/25/2007 2/25/2007 12,582,364.00 2/25/2007 3/25/2007 12,151,312.00 3/25/2007 4/25/2007 11,691,517.00 4/25/2007 5/25/2007 11,232,571.00 5/25/2007 6/25/2007 10,783,700.00 6/25/2007 7/25/2007 10,344,733.00 7/25/2007 8/25/2007 9,915,505.00 8/25/2007 9/25/2007 9,495,853.00 9/25/2007 10/25/2007 9,085,617.00 10/25/2007 11/25/2007 8,684,637.00 11/25/2007 12/25/2007 8,292,760.00 12/25/2007 1/25/2008 7,909,832.00 1/25/2008 2/25/2008 7,535,704.00 2/25/2008 3/25/2008 7,170,227.00 3/25/2008 4/25/2008 6,813,257.00 4/25/2008 5/25/2008 6,464,651.00 5/25/2008 6/25/2008 6,124,268.00 6/25/2008 7/25/2008 5,791,972.00 7/25/2008 8/25/2008 5,467,624.00 8/25/2008 9/25/2008 5,151,094.00 9/25/2008 10/25/2008 4,842,248.00 10/25/2008 11/25/2008 4,540,959.00 11/25/2008 12/25/2008 4,247,100.00 12/25/2008 1/25/2009 3,960,544.00 1/25/2009 2/25/2009 3,681,171.00 2/25/2009 3/25/2009 3,408,859....
Approved Rating Thresholds means a long-term and short-term senior unsecured deposit rating of at least A and A-1 by S&P, A1 and P-1 by Moody's or A and F1 by Fitch, to the extent such obligations are rated by S&P, Moody's and Fitch. Please confirm that the foregoing correctly setx xxxxx the terms and conditions of our agreement by returning within three (3) Business Days via telecopier an executed copy of this Confirmation to the attention of Global FX and Derivative Operations (fax no.(+1) 866 255 1444). Failure to respond within such period shall not axxxxx xxx xxxxxxxy or enforceability of this Transaction, and shall be deemed to be an affirmation of the terms and conditions contained herein, absent manifest error. Yours sincerely, Bank of America, N.A. By: /s/ Stephen A. Cummings ------------------------------------------ Xxxx: Xxxxxxx A. Cummings Title: Senior Vice President Confirmed as xx xxx xxxx xxxxx: Banc of America Mortgage 2006-2 Trust By: Wells Fargo Bank, N.A. not in its individual capacity, but solely as Xxxxxee on behalf of Banc of America Mortgage 2006-2 Trust By: /s/ Judy Lowman ------------------------------------------ Naxx: Xxxx Xxwman Title: Senior Vice President SCHEDULE A Our Reference Numbers: 4632770 4632771
Approved Rating Thresholds means an entity that has a long-term and short-term senior unsecured debt or deposit rating of at least A and A-1 by S&P, A1 and P-1 by Mxxxx'x or A and F1 by Fitch, to the extent such obligations are rated by S&P, Mxxxx'x and Fitch.
Approved Rating Thresholds means a long-term and short-term senior unsecured deposit rating of at least A and A-1 by S&P, A1 and P-1 by Moody's or A and F1 by Fitch, to the extent such obligations are rated by S&P, Moody's and Fitch. Please confirm that the foregoing correctly xxxx xxrth the terms and conditions of our agreement by returning within three (3) Business Days via telecopier an executed copy of this Confirmation to the attention of Global FX and Derivative Operations (fax no.(+1) 866 255 1444). Failure to respond within such period shall not xxxxxx xxx xxxxxxty or enforceability of this Transaction, and shall be deemed to be an affirmation of the terms and conditions contained herein, absent manifest error. Yours sincerely, Bank of America, N.A. By: /s/ Mary Beth Knight -------------------- Name: Mary Bxxx Xxxxxx Title: Assistant Vice President Confirmex xx xx xxx xxxx above: Banc of America Alternative Loan Trust 2006-4 By: Wells Fargo Bank, N.A. not in its individual capacity, but solely as Xxxxtee on behalf of Banc of America Alternative Loan Trust 2006-4 By: /s/ Darron C. Woodus -------------------- Name: Darrox X. Xxxxxx Title: Assistant Vice President SCHEDULE A Our Reference Numbers: 4566754, 4573653 Notional Amount (USD) Start Date End Date --------------------- ---------- -------- 29,500,000.00 4/25/2006 5/25/2006 29,139,666.00 5/25/2006 6/25/2006 28,656,690.00 6/25/2006 7/25/2006 28,052,237.00 7/25/2006 8/25/2006 27,327,940.00 8/25/2006 9/25/2006 26,485,899.00 9/25/2006 10/25/2006 25,528,681.00 10/25/2006 11/25/2006 24,459,318.00 11/25/2006 12/25/2006 23,281,296.00 12/25/2006 1/25/2007 21,998,550.00 1/25/2007 2/25/2007 20,615,448.00 2/25/2007 3/25/2007 19,136,774.00 3/25/2007 4/25/2007 17,667,582.00 4/25/2007 5/25/2007 16,236,710.00 5/25/2007 6/25/2007 14,843,352.00 6/25/2007 7/25/2007 13,486,721.00 7/25/2007 8/25/2007 12,166,046.00 8/25/2007 9/25/2007 10,880,571.00 9/25/2007 10/25/2007 9,629,556.00 10/25/2007 11/25/2007 8,412,277.00 11/25/2007 12/25/2007 7,228,026.00 12/25/2007 1/25/2008 6,076,109.00 1/25/2008 2/25/2008 4,955,844.00 2/25/2008 3/25/2008 3,866,568.00 3/25/2008 4/25/2008 2,807,629.00 4/25/2008 5/25/2008 1,778,388.00 5/25/2008 6/25/2008 778,220.00 6/25/2008 7/25/2008
Approved Rating Thresholds means a long-term and short-term senior unsecured deposit rating of at least A and A-1 by S&P, A1 and P-1 by Moody's or A and F1 by Fitch, to the extent such obligations are rated by S&P, Moody's and Fitch. Please confirm that the foregoing correctly xxxx xxrth the terms and conditions of our agreement by returning within three (3) Business Days via telecopier an executed copy of this Confirmation to the attention of Global FX and Derivative Operations (fax no.(+1) 866 255 1444). Failure to respond within such period shall not axxxxx xxx xxxxxxxy or enforceability of this Transaction, and shall be deemed to be an affirmation of the terms and conditions contained herein, absent manifest error. Yours sincerely, Bank of America, N.A. By: _________________________________________ Name: Title: Confirmed as of the date above: Banc of America Alternative Loan Trust 2006-3 By: Wells Fargo Bank, N.A. not in its individual capacity, but solely as Xxxxxee on behalf of Banc of America Alternative Loan Trust 2006-3 By: __________________________________________ Name: Title