Common use of S&P and Fitch Clause in Contracts

S&P and Fitch. except that, for the purposes of the Class B-1, Class B-2, Class B-3, Class B-4 and Class B-5 Certificates, S&P shall be the sole Rating Agency. Regular Certificates.................. All Classes of Certificates, other than the Residual Certificates. Residual Certificates................. The Class II-A-R Certificates. Scheduled Principal Classes........... None. Senior Certificates................... The Group I Senior Certificates, Group II Senior Certificates, Group III Senior Certificates and Group IV Senior Certificates, collectively. Super Senior Mezzanine Certificates... None. Subordinated Certificates............. The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates. Super Senior Certificates............. None. Support Classes....................... None. Targeted Principal Classes............ None. Underwriter........................... Credit Suisse First Boston LLC With respect to any of the foregoing designations as to which the corresponding reference is "None," all defined terms and provisions herein relating solely to such designations shall be of no force or effect, and any calculations herein incorporating references to such designations shall be interpreted without reference to such designations and amounts. Defined terms and provisions herein relating to statistical rating agencies not designated above as Rating Agencies shall be of no force or effect.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (First Horizon Asset Securities Inc)

S&P and Fitch. except that, for the purposes of the Class B-1, Class B-2, Class B-3, Class B-4 and Class B-5 Certificates, S&P shall be the sole Rating Agency. 3 Regular Certificates.................. All Classes of Certificates, other than the Residual Certificates. Residual Certificates................. The Class III-A-R Certificates. Scheduled Principal Classes........... None. Senior Certificates................... The Group I Senior Certificates, the Group II Senior Certificates, Certificates and the Group III Senior Certificates and Group IV Senior Certificates, collectively. Super Senior Mezzanine Support Certificates... ........... None. Subordinated Certificates............. The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates. Super Senior Certificates............. None. Support Classes....................... None. Targeted Principal Classes............ None. Underwriter........................... Credit Suisse First Boston LLC With respect Underwriters.......................... Goldman Sachs & Co. ▇i▇▇ ▇espect to any of the foregoing designations as to which the corresponding reference is "None," all defined terms and provisions herein relating solely to such designations shall be of no force or effect, and any calculations herein incorporating references to such designations shall be interpreted without reference to such designations and amounts. Defined terms and provisions herein relating to statistical rating agencies not designated above as Rating Agencies shall be of no force or effect.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (First Horizon Asset Securities Inc)