Ratings Event. If a Ratings Event occurs with respect to BNY (or any applicable credit support provider), then BNY shall, at its own expense, within ten (10) Business Days of such Ratings Event:
Appears in 14 contracts
Sources: Rate Cap Transaction (Hasco 2006-Opt3), Rate Cap Transaction (Harborview 2006-2), Pooling and Servicing Agreement (Harborview 2006-9)
Ratings Event. If a Ratings Event occurs with respect to BNY (or any applicable credit support provider), then BNY shall, at its own expense, and subject to rating agency confirmation within ten (10) Business Days of such Ratings Event:
Appears in 3 contracts
Sources: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Pooling and Servicing Agreement (OwnIt Mortgage Loan Trust Series 2006-4)
Ratings Event. If a Ratings Event occurs with respect to BNY (or any applicable credit support provider), then BNY shall, at its own expense, within ten (10) Business Days of such Ratings Event, subject to the rating agency confirmation:
Appears in 1 contract