Accountant's Certificate or Opinion. Unless otherwise specified ------------------------------------ in a Series Supplement, a certificate or opinion, addressed to the Note Issuer and the Note Trustee complying with the requirements of Section 11.01(a) hereof, of a firm of Independent certified public accountants of recognized national reputation to the effect that (a) such accountants are Independent with respect to the Note Issuer within the meaning of the Indenture, and are independent public accountants within the meaning of the standards of The American Institute of Certified Public Accountants, and (b) with respect to the Collateral, they have made such calculations as they deemed necessary for the purpose and determined that, based on the assumptions used in calculating the initial FTA Charges or, if applicable, the most recent revised FTA Charges, as of the Series Issuance Date for such Series (after giving effect to the issuance of such Series and the application of the proceeds therefrom) such FTA Charges are sufficient to pay (a) Operating Expenses when incurred, plus (b) the Overcollateralization Amount, plus (c) interest on each Series of Notes at their respective Note Interest Rates when due, plus (d) principal of each Series of Notes in accordance with the Expected Amortization Schedule.
Accountant's Certificate or Opinion. A certificate or opinion, addressed to the Issuer and the Bond Trustee complying with the requirements of Section 11.01 hereof, of a firm of Independent certified public accountants of recognized national reputation to the effect that (a) such accountants are Independent with respect to the Issuer within the meaning of the Indenture, and are independent public accountants within the meaning of the standards of The American Institute of Certified Public Accountants, and (b) with respect to the Collateral, they have made such calculations as they deemed necessary for the purpose and determined that, based on the assumptions used in calculating the initial Intangible Transition Charges with respect to the Transferred Intangible Transition Property or, if applicable, the most recent revised Intangible Transition Charges with respect to the Transferred Intangible Transition Property, and taking into account amounts on deposit in the Reserve Subaccount, as of the Series Issuance Date for such Series (after giving effect to the issuance of such Series and the application of the proceeds therefrom) such Intangible Transition Charges are sufficient to (a) pay Operating Expenses when incurred, (b) pay interest on each Series of Transition Bonds at their respective Bond Rates when due, or, with respect to Classes or Series for which a Swap Agreement is in effect and any payments due thereunder from the applicable Counterparty are being received by the Issuer, regular fixed payments due to the related Counterparties (not including any breakage or termination payments), (c) pay principal of the Transition Bonds of all Series in accordance with their respective Expected Amortization Schedules and (d) fund the Calculated Overcollateralization Level as of each Payment Date.
Accountant's Certificate or Opinion. A letter addressed to the Issuer and the Trustee complying with the requirements of Section 11.01, of a firm of Independent certified public accountants of recognized national reputation to the effect that (A) such accountants are Independent with respect to the Issuer within the meaning of this Indenture, and are independent public accountants within the meaning of the standards of The American Institute of Certified Public Accountants, and (B) with respect to the Collateral, they have made certain specified recalculations of calculations and information provided by the Issuer for the purpose of determining that, based on certain specified assumptions used in calculating the Securitization Charge with respect to the related Transferred Securitization Property, as of the Series Issuance Date for such Series, the Securitization Charge will be sufficient to pay as of each Payment Date taking into account any amounts on deposit in the reserve subaccount:
(1) assumed Operating Expenses when incurred, plus
(2) the Overcollateralization Amount for such Series set forth in the Prospectus (as such term is defined in the Underwriting Agreement), plus
(3) interest on the Securitization Bonds at their respective Interest Rates when due as set forth in the Final Prospectus, plus
(4) principal of the Securitization Bonds in accordance with the Expected Amortization Schedule set forth in the Final Prospectus, and found such calculations to be mathematically correct.
Accountant's Certificate or Opinion. Unless otherwise specified in a Trust Issuance Certificate or a Series Supplement, if any, a certificate or opinion, addressed to the Note Issuer and the Indenture Trustee complying with the requirements of Section 11.01(a) hereof, of a firm of Independent certified public accountants of recognized national reputation to the effect that (a) such accountants are Independent with respect to the Note Issuer within the meaning of this Indenture, and are independent public accountants within the meaning of the standards of The American Institute of Certified Public Accountants, and (b) with respect to the Note Collateral, they have made such calculations as they deemed necessary for the purpose and determined that, based on the assumptions used in calculating the initial IFCs or, if applicable, the most recent revised IFCs, as of the Series Issuance Date for such Series (after giving effect to the issuance of such Series and the application of the proceeds therefrom) such IFCs are sufficient to pay (a) Operating Expenses when incurred, plus (b) the Overcollateralization Amount, plus (c) interest on each Series of Notes at their respective Note Interest Rates when due, plus (d) principal of each Series of Notes in accordance with the Expected Amortization Schedule.)
Accountant's Certificate or Opinion. A certificate or opinion, addressed to the Issuer and the Bond Trustee complying with the requirements of Section 11.01 hereof, of a firm of Independent certified public accountants of recognized national reputation to the effect that (a) such accountants are Independent with respect to the Issuer within the meaning of the Indenture, and are independent public accountants within the meaning of the standards of The American Institute of Certified Public Accountants, and (b) with respect to the Collateral, they have made such calculations as they deemed necessary for the purpose and determined that, based on the assumptions used in calculating the initial Intangible Transition Charges with respect to the Transferred Intangible Transition Property or, if applicable, the most recent revised Intangible Transition Charges with respect to the Transferred Intangible Transition Property, and taking into account amounts on deposit in the Reserve Subaccount, as of the Series Issuance Date for such Series (after giving effect to the issuance of such Series and the application of the proceeds therefrom) such Intangible Transition Charges are sufficient to (a) pay Operating Expenses when incurred, (b) pay interest on each Series of Transition Bonds at their respective Bond Rates when due, (c) pay principal of the Transition Bonds of all Series in accordance with their respective Expected Amortization Schedules and (d) fund the Calculated Overcollateralization Level as of each Payment Date.
Accountant's Certificate or Opinion. A certificate or opinion complying with the requirements of Section 11.01, addressed to the Issuer and the Trustee of an Independent registered public accounting firm of recognized national reputation to the effect that (a) such accountants are Independent within the meaning of the Indenture, and are independent public accountants within the meaning of the standards of the Public Company Accounting Oversight Board (United States), and (b) with respect to the Series Trust Estate, they have reviewed calculations made by the Issuer and determined that, based on the assumptions used by the Issuer in calculating the initial Transition Charges with respect to the transferred Transition Property or, if applicable, the most recent revised Transition Charges with respect to the transferred Transition Property, and taking into account amounts on deposit in the Excess Funds Subaccount, as of the Series Issuance Date for such Series (after giving effect to the issuance of such Series and the application of the proceeds therefrom) such Transition Charges are sufficient
(i) pay Operating Expenses when incurred plus any amounts due under any interest rate protection agreement, (ii) pay Interest on each Series of Transition Bonds at their respective Bond Rates when due, (iii) pay Principal of the Transition Bonds of all Series in accordance with their respective Expected Amortization Schedules and (iv) replenish any amounts drawn from the Capital Subaccount as of each Payment Date.
Accountant's Certificate or Opinion. A certificate or opinion, addressed to the Note Issuer and the Note Trustee complying with the requirements of Section 11.01(a) hereof, of a firm of Independent certified public accountants of recognized national reputation to the effect that (a) such accountants are Independent with respect to the Note Issuer within the meaning of the Note Indenture, and are independent public accountants within the meaning of the standards of The American Institute of Certified Public Accountants, and (b) with respect to the Collateral, they have made such calculations as they deemed necessary for the purpose and determined that, based on the assumptions used in calculating the initial RTC Charge, as of the Issuance Date such RTC Charge is sufficient to pay (a) Operating Expenses when incurred, plus (b) the Overcollateralization Amount, plus (c) interest on the Notes at their respective Note Interest Rates when due, plus (d) principal of the Notes in accordance with the Expected Amortization Schedule.
Accountant's Certificate or Opinion. A letter addressed to the Issuer and the Trustee, of a firm of Independent certified public accountants of recognized national reputation to the effect that (A) such accountants are Independent with respect to the Issuer within the meaning of this Indenture, and are independent public accountants within the meaning of the standards of The American Institute of Certified Public Accountants, and (B) with respect to the Collateral, they have made certain specified recalculations of calculations and information provided by the Issuer for the purpose of determining that, based on certain specified assumptions used in calculating the SB Charge with respect to the related Securitization Property, as of the Series Issuance Date for such Series, the SB Charge will be sufficient to pay (1) assumed Operating Expenses when incurred, plus (2) any amounts due under any Interest Rate Swap Agreement when due, plus (3) the Overcollateralization Amount for such Series set forth in the Final Prospectus (as such term is defined in the Underwriting Agreement),
Accountant's Certificate or Opinion. A letter addressed to the Issuer and the Trustee complying with the requirements of Section 11.01, of a firm of Independent certified public accountants of recognized national reputation to the effect that (A) such accountants are Independent with respect to the Issuer within the meaning of this Indenture, and are independent public accountants within the meaning of the standards of The American Institute of Certified Public Accountants, and (B) with respect to the Collateral, they have made certain specified recalculations of calculations and information provided by the Issuer for the purpose of determining that, based on certain specified assumptions used in calculating the Transition Bond Charge with respect to the related Transferred Bondable Transition Property, as of the Series Issuance Date for such Series, after giving effect to the issuance of such Series and the application of the proceeds therefrom, and taking into account any amounts on deposit in the Reserve Subaccount, the Transition Bond Charge will be sufficient to pay (1) assumed Operating Expenses when incurred,
Accountant's Certificate or Opinion. Unless otherwise specified in a Trustee's Issuance Certificate or a Series Supplement, if any, a certificate or opinion, addressed to the Note Issuer and the Indenture Trustee complying with the requirements of Section 11.01(a) hereof, of a firm of Independent certified public accountants of recognized national reputation to the effect that (a) such accountants are Independent with respect to the Note Issuer within the meaning of this Indenture, and are independent public accountants within the meaning of the standards of The American Institute of Certified Public Accountants, and (b) with respect to the Note Collateral, they have made such calculations as they deemed necessary for the purpose and determined that, based on the
