Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes an investment grade risk by S&P and Moody's, and that the Obligations, when issued, will be rate▇ "▇▇▇" by S&P and "Aaa" by Moody's.
Appears in 1 contract
Sources: Insurance Agreement (Residential Asset Funding Corp)
Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least an investment grade risk by S&P and Moody's, and that the Obligations, when issued, will be rate▇ rated "▇▇▇" by ▇y S&P and "Aaa" by Moody's.
Appears in 1 contract
Sources: Insurance Agreement (First Investors Financial Services Group Inc)
Issuance of Ratings. The Insurer shall have received confirmation that the risk secured by the Policy constitutes at least an investment grade risk by S&P S&P, Fitch and Moody's, 's and that the ObligationsSecurities, when issued, will be rate▇ rated "▇▇▇" by S&P S&P, Fitch and "Aaa" by Moody's.
Appears in 1 contract
Sources: Insurance Agreement (Keycorp Student Loan Trust 2001-A)