Common use of Minimum Credit Ratings; Confirmation from Rating Agencies Clause in Contracts

Minimum Credit Ratings; Confirmation from Rating Agencies. Any Replacement Depositary may either be (x) one that meets the Depositary Threshold Ratings or (y) one that does not meet the Depositary Threshold Ratings, so long as, in the case of either of the immediately preceding clauses (x) and (y), the Company shall have obtained a Rating Agency Confirmation with respect to each Class of Certificates then rated by such Rating Agency in connection with the replacement of the Depositary with such Replacement Depositary.

Appears in 5 contracts

Samples: Participation Agreement (American Airlines Inc), Participation Agreement (American Airlines Inc), Participation Agreement (American Airlines Inc)

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Minimum Credit Ratings; Confirmation from Rating Agencies. Any Replacement Depositary for any Class of Certificates may either be (x) one that meets the Depositary Threshold Ratings Rating for such Class of Certificates for each Rating Agency or (y) one that does not meet the Depositary Threshold RatingsRating for such Class of Certificates for each Rating Agency, so long as, in the case of either of the immediately preceding clauses (x) and (y), the Company shall have obtained a Rating Agency Confirmation with respect to each such Class of Certificates then rated by such Rating Agency in connection with the replacement of the Depositary with such Replacement Depositary.

Appears in 2 contracts

Samples: Participation Agreement (American Airlines, Inc.), Participation Agreement (American Airlines Inc)

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Minimum Credit Ratings; Confirmation from Rating Agencies. Any Replacement Depositary may either be (x) one that meets the Depositary Threshold Ratings or (y) one that does not meet the Depositary Threshold Ratings, so long as, in the case of either of the immediately preceding clauses (x) and (y), the Company shall have obtained a Rating Agency Confirmation with respect to each Class of Certificates then rated by such Rating Agency in connection with the replacement of the Depositary with such Replacement Depositary.. Amended and Restated Note Purchase Agreement

Appears in 1 contract

Samples: Indenture and Security Agreement (American Airlines Inc)

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