Rating Confirmation Plan definition

Rating Confirmation Plan means a plan provided by the Investment Manager (acting on behalf of the Issuer) to the Rating Agencies setting forth the timing and manner of acquisition of additional Collateral Debt Obligations and/or any other intended action which will cause confirmation of the Initial Ratings, as further described and as defined in the Investment Management Agreement.
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Rating Confirmation Plan means a plan provided by the Collateral Manager to the Rating Agencies setting forth the timing and manner of acquisition of additional Collateral Debt Obligations and/or any other intended action which will cause confirmation of the Initial Ratings, as further described and as defined in the Collateral Management Agreement.
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Rating Confirmation Plan means a plan provided by the Portfolio Manager (acting on behalf of the Issuer) to the Rating Agencies setting forth the timing and manner of acquisition of additional Portfolio Bonds and/or any other intended action which will cause confirmation of the Initial Ratings, as further described and as defined in the Portfolio Management Agreement.
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More Definitions of Rating Confirmation Plan

Rating Confirmation Plan means a plan prepared and presented by the Investment Manager (acting on behalf of the Issuer) to the Rating Agency as soon as practicable after the occurrence of an Effective Date Rating Event setting out the timing and manner of acquisition of additional Collateral Debt Obligations and/or any other intended action which will cause confirmation or reinstatement of the Initial Ratings, as further described and as defined in the Investment Management Agreement. For the avoidance of doubt, the Investment Manager shall only present to the Rating Agency a single Rating Confirmation Plan, which may not, without the prior written consent of the Class A Noteholders acting by Extraordinary Resolution, be subsequently amended or supplemented or replaced with a new plan.
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Rating Confirmation Plan means a plan provided by the Investment Manager to the Rating Agencies setting forth the timing and manner of acquisition of additional Collateral Debt Obligations
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Rating Confirmation Plan means a plan provided by the Collateral Manager (acting on behalf of the Issuer) to the Rating Agencies setting forth the timing and manner of acquisition of Additional Collateral Debt Securities and/or any other intended action which will cause confirmation or
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Rating Confirmation Plan means a plan prepared by the CDS Counterparty and communicated to the Rating Agencies by the Portfolio Administrator setting forth the timing and manner of referencing additional Reference Obligations pursuant to the CDS Agreement and/or any other intended action which will cause confirmation or reinstatement of the Initial Ratings, as further described and as defined in the CDS Agreement.
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Rating Confirmation Plan means a plan provided by the Investment Manager (acting on behalf of the Issuer) to the Rating Agencies setting forth the timing and manner of acquisition of additional Collateral Debt
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Related to Rating Confirmation Plan

  • Rating Confirmation means evidence that no Senior Bond rating in effect from a Rating Agency will be withdrawn or reduced solely as a result of an action to be taken under the Indenture.

  • Ratings Confirmation Has the meaning specified in the Intercreditor Agreement.

  • Rating Agency Confirmation means, with respect to any Securitization, a confirmation in writing (which may be in electronic form) by each of the applicable Rating Agencies for such Securitization that the occurrence of the event with respect to which such Rating Agency Confirmation is sought shall not result in a downgrade, qualification or withdrawal of the applicable rating or ratings ascribed by such Rating Agency to any of the securities issued pursuant to such Securitization that are then outstanding. If no such securities are outstanding with respect to any Securitization, any action that would otherwise require a Rating Agency Confirmation shall instead require the consent of the Controlling Note Holder, which consent shall not be unreasonably withheld or delayed. For the purposes of this Agreement, if any Rating Agency shall waive, decline or refuse to review or otherwise engage any request for Rating Agency Confirmation hereunder, such waiver, declination, or refusal shall be deemed to eliminate, for such request only, the condition that a Rating Agency Confirmation by such Rating Agency (only) be obtained for purposes of this Agreement, and any requirement hereunder to obtain a Rating Agency Confirmation from any Rating Agency may be satisfied or deemed in the same manner that a Rating Agency Confirmation requirement may be satisfied or deemed satisfied under the Lead Securitization Servicing Agreement. For purposes of clarity, any such waiver, declination or refusal to review or otherwise engage in any request for a Rating Agency Confirmation hereunder shall not be deemed a waiver, declination or refusal to review or otherwise engage in any subsequent request for a Rating Agency Confirmation hereunder and the condition for Rating Agency Confirmation pursuant to this Agreement for any subsequent request shall apply regardless of any previous waiver, declination or refusal to review or otherwise engage in such prior request.

  • Companion Loan Rating Agency Confirmation With respect to any matter involving the servicing and administration of a Serviced Companion Loan or any related REO Property as to which any Serviced Companion Loan Securities exist, confirmation in writing (which may be in electronic form) by each applicable Companion Loan Rating Agency that a proposed action, failure to act or other event so specified will not, in and of itself, result in the downgrade, withdrawal or qualification of the then-current rating assigned to any class of such Serviced Companion Loan Securities (if then rated by the Companion Loan Rating Agency); provided that upon receipt of a written waiver or other acknowledgment from the Companion Loan Rating Agency indicating its decision not to review or declining to review the matter for which the Companion Loan Rating Agency Confirmation is sought (such written notice, a “Companion Loan Rating Agency Declination”), or as otherwise provided in Section 3.30 of this Agreement, the requirement for the Companion Loan Rating Agency Confirmation from the applicable Companion Loan Rating Agency with respect to such matter shall not apply.

  • Transaction Confirmation means a document, similar to the form of Exhibit A, setting forth the terms of a transaction formed pursuant to Section 1 for a particular Delivery Period.