Rating Agency Notifications Clause Samples

Rating Agency Notifications. Notwithstanding any other provision of this Agreement, this Agreement shall not be amended, no Early Termination Date shall be effectively designated by Party B, and no transfer of any rights or obligations under this Agreement shall be made (other than a transfer of all of Party A’s rights and obligations with respect to this Agreement in accordance with Part 5(e) above) unless each Rating Agency has been given prior written notice of such amendment, designation or transfer.

Rating Agency Notifications. Notwithstanding any other provision of this Agreement, this Agreement shall not be amended, no Early Termination Date shall be effectively designated by the Counterparty, and no transfer of any rights or obligations under this Agreement shall be made (other than a transfer of all of ▇▇▇▇▇▇’▇ rights and obligations with respect to this Agreement in accordance with Part 6(2)(a) below) unless ▇▇▇▇▇’▇, S&P and Fitch have each been given prior written notice of such amendment, designation or transfer.

Rating Agency Notifications. Notwithstanding any other provision of this Agreement, this Agreement shall not be amended, no Early Termination Date shall be effectively designated by Party B, and no transfer of any rights or obligations under this Agreement shall be made unless Moody's has been given prior written notice of such amendment, des▇▇▇▇▇▇▇n or transfer.

Rating Agency Notifications. Except as otherwise provided herein, no Early Termination Date shall be effectively designated hereunder shall be made by either party unless each Rating Agency has been given prior written notice of such designation.

Rating Agency Notifications. Notwithstanding any other provision of this Agreement, no Early Termination Date shall be effectively designated hereunder by Party B and no transfer of any rights or obligations under this Agreement shall be made by either party unless each Rating Agency has been provided prior written notice of such designation or transfer. (j) No Set-off. Except as expressly provided for in Section 2(c), Section 6 or Part 1(f)(i)(D) hereof, and notwithstanding any other provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. Section 6(e) shall be amended by deleting the following sentence: "The amount, if any, payable in respect of an Early Termination Date and determined pursuant to this Section will be subject to any Set-off.".

Rating Agency Notifications. Except as otherwise provided herein, no Early Termination Date shall be effectively designated hereunder shall be made by either party unless each Rating Agency has been given prior written notice of such designation. NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIA▇▇ ▇▇ ▇HE BEAR STEARNS COMPANIES INC. OTHER THAN BEAR STERNS IS AN ▇▇▇▇▇▇▇ OR A CREDIT SUPPORT PROVIDER ON ▇▇▇▇ AGREEMENT This Agreement may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument. Counterparty hereby agrees to check this Confirmation and to confirm that the foregoing correctly sets forth the terms of the Transaction by signing in the space provided below and returning to Bear Stearns a facsimile of the fully-executed Confirmation to 212-27▇-▇▇▇▇. For inquiries regarding U.S. Transactions, please ▇▇▇▇▇▇▇ ▇▇▇▇vatives Documentation by telephone at 212-272-2711. For all other inquiries please contact Derivatives ▇▇▇▇▇▇▇▇▇▇▇on by telephone at 353-1-402-6233. Originals will be provided for your execution up▇▇ ▇▇▇▇ ▇▇▇▇▇▇t. We are very pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future.

Rating Agency Notifications. Except as otherwise provided herein, no Early Termination Date shall be effectively designated hereunder shall be made by either party unless each Rating Agency has been given prior written notice of such designation. NEITHER THE BEAR ▇▇▇▇▇▇▇ COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR ▇▇▇▇▇▇▇ COMPANIES INC. OTHER THAN BEAR ▇▇▇▇▇▇▇ IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS AGREEMENT. SCHEDULE I (all such dates subject to adjustment in accordance with the Business Day Convention) NOTIONAL AMOUNT FROM AND INCLUDING TO BUT EXCLUDING (USD) CAP RATE ------------------ ---------------- --------------- -------- Effective Date 25-Jan-2007 1,303,652,000 7.652% 25-Jan-2007 26-Feb-2007 1,297,298,511 6.897% 26-Feb-2007 26-Mar-2007 1,287,687,316 7.653% 26-Mar-2007 25-Apr-2007 1,274,786,287 6.897% 25-Apr-2007 25-May-2007 1,258,599,764 7.133% 25-May-2007 Termination Date 1,239,131,550 6.899% M-92

Rating Agency Notifications. Except as otherwise provided herein, no Early Termination Date shall be effectively designated hereunder shall be made by either party unless each Rating Agency has been given prior written notice of such designation. NEITHER THE BEAR ▇▇▇▇▇▇▇ COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR ▇▇▇▇▇▇▇ COMPANIES INC. OTHER THAN BEAR ▇▇▇▇▇▇▇ IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS AGREEMENT. SCHEDULE I (for the purposes of (i) determining Floating Amounts, all such dates subject to adjustment in accordance with the Business Day Convention and (ii) determining Fixed Amounts, all such dates subject to No Adjustment.) NOTIONAL AMOUNT FROM AND INCLUDING TO BUT EXCLUDING (USD) ------------------ ---------------- --------------- Effective Date 25-Jul-2007 18,097,696.00 25-Jul-2007 25-Aug-2007 22,180,861.00 25-Aug-2007 25-Sep-2007 26,402,653.00 25-Sep-2007 25-Oct-2007 30,932,599.00 25-Oct-2007 25-Nov-2007 36,933,912.00 25-Nov-2007 25-Dec-2007 44,017,401.00 25-Dec-2007 25-Jan-2008 50,942,734.00 25-Jan-2008 25-Feb-2008 56,623,843.00 25-Feb-2008 25-Mar-2008 61,490,089.00 25-Mar-2008 25-Apr-2008 65,703,889.00 25-Apr-2008 25-May-2008 69,328,699.00 25-May-2008 25-Jun-2008 72,531,463.00 25-Jun-2008 25-Jul-2008 75,369,627.00 25-Jul-2008 25-Aug-2008 77,907,998.00 25-Aug-2008 25-Sep-2008 80,117,611.00 25-Sep-2008 25-Oct-2008 82,127,153.00 25-Oct-2008 25-Nov-2008 111,105,931.00 25-Nov-2008 25-Dec-2008 102,928,368.00 25-Dec-2008 25-Jan-2009 96,720,231.00 25-Jan-2009 25-Feb-2009 108,200,840.00 25-Feb-2009 25-Mar-2009 108,958,789.00 25-Mar-2009 25-Apr-2009 108,704,851.00 25-Apr-2009 25-May-2009 107,986,002.00 25-May-2009 25-Jun-2009 107,085,560.00 25-Jun-2009 25-Jul-2009 105,996,370.00 25-Jul-2009 25-Aug-2009 104,785,237.00 25-Aug-2009 25-Sep-2009 103,501,385.00 25-Sep-2009 25-Oct-2009 102,156,260.00 25-Oct-2009 25-Nov-2009 102,011,241.00 25-Nov-2009 25-Dec-2009 101,446,839.00 25-Dec-2009 25-Jan-2010 100,534,834.00 25-Jan-2010 25-Feb-2010 100,534,834.00 25-Feb-2010 25-Mar-2010 100,534,834.00 25-Mar-2010 25-Apr-2010 86,642,572.00 25-Apr-2010 25-May-2010 84,783,339.00 25-May-2010 25-Jun-2010 82,832,368.00 25-Jun-2010 25-Jul-2010 80,909,982.00 25-Jul-2010 25-Aug-2010 79,027,084.00 25-Aug-2010 25-Sep-2010 77,177,647.00 25-Sep-2010 25-Oct-2010 75,350,083.00 25-Oct-2010 25-Nov-2010 73,515,451.00 25-Nov-2010 25-Dec-2010 71,678,805.00 25-Dec-2010 25-Jan-2011 69,856,110.00 25-Jan-2011 25-Feb-2011 68,061,708.00 25-Feb-2011 25-Mar-2011 66,335,250.00 25-Mar-2011 25-Apr-201...

Rating Agency Notifications. Except as otherwise provided herein, no Early Termination Date shall be effectively designated hereunder shall be made by either party unless each Rating Agency has been given prior written notice of such designation. NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN BEAR STEARNS IS AN OBLIGOR OR A ▇▇▇▇▇▇ SUPPORT PROVIDER ON THIS AGREEME▇▇. ▇his Agreement may be executed in several counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument. Counterparty hereby agrees to check this Confirmation and to confirm that the foregoing correctly sets forth the terms of the Transaction by signing in the space provided below and returning to Bear Stearns a facsimile of the fully-executed Confirmation to 212-272-9857. For inq▇▇▇▇▇▇ regarding U.S. Transactions, please contact Deriv▇▇▇▇▇▇ ▇▇▇▇mentation by telephone at 212-272-2711. For all other inquiries please contact Derivatives Documentati▇▇ ▇▇ ▇▇▇▇▇hone at 353-1-402-6233. Originals will be provided for your execution upon your request. ▇▇ ▇▇▇ ▇▇▇▇ pleased to have executed this Transaction with you and we look forward to completing other transactions with you in the near future. Very truly yours, BEAR STEARNS FINANCIAL PRODUCTS INC. By: _____________________________ Na▇▇: Title: Counterparty, acting through its duly authorized signatory, hereby agrees to, accepts and confirms the terms of the foregoing as of the Trade Date. BEAR STEARNS MORTGAGE FUNDING TRUST 2006-AR4 By: Wells Fargo Bank, National Associatio▇, ▇▇▇ individually but solely as Trustee ▇▇: _____________________________ Name: Title: Pwp / ws SCHEDULE I (all such dates subject to adjustment in accordance with the Business Day Convention) ______________________________________________________________________________ Cap From and including To but excluding Scheduled Amount Rate (USD) (%) ______________________________________________________________________________ Effective Date 25-Dec-2006 [___________] [___] ______________________________________________________________________________ 25-Dec-2006 25-Jan-2007 [___________] [___] ______________________________________________________________________________ 25-Jan-2007 25-Feb-2007 [___________] [___] ______________________________________________________________________________ 25-Feb-2007 25-Mar-2007 [___________] [___] __________________________________________________...