Common use of Rating Letters Clause in Contracts

Rating Letters. The Trustee’s receipt of a letter signed by each Rating Agency and confirming that (i) Class A-1 Notes have been rated “Aaa” by Xxxxx’x and “AAA” by S&P, (ii) the Class A-2 Notes have been rated “Aaa” by Xxxxx’x and “AAA” by S&P, (iii) the Class B Notes have been rated at least “Aa2” by Xxxxx’x and “AA” by S&P, (iv) the Class C Notes have been rated at least “A1” by Xxxxx’x and “A+” by S&P, (v) the Class D Notes have been rated at least “A2” by Xxxxx’x and “A” by S&P, (vi) the Class E Notes have been rated at least “A3” by Xxxxx’x and “A-” by S&P, (vii) the Class F Notes have been rated at least “Baa1” by Xxxxx’x and “BBB+” by S&P, (viii) the Class G Notes have been rated at least “Baa2” by Xxxxx’x and “BBB” by S&P, (ix) the Class H Notes have been rated at least “Baa3” by Xxxxx’x and “BBB-” by S&P, (x) the Class J Notes have been rated at least “Ba2” by Xxxxx’x and “BB” by S&P and (xi) the Class K Notes have been rated at least “B2” by Xxxxx’x and “B” by S&P and that such ratings are in full force and effect on the Closing Date.

Rating Letters. The Trustee’s 's receipt of a letter signed by each Rating Agency and confirming that (i) the Class A-1 A-1A Notes have been rated “"Aaa” " by Xxxxx’x Moody's and “"AAA” " by S&PS&P and Fitch, (ii) the Class A-1AR Notes have been rated "Aaa" by Moody's and "AAA" by S&P and Fitch, (iii) the Class A-2 Notes have been rated “"Aaa” " by Xxxxx’x Moody's and “"AAA” " by S&PS&P and Fitch, (iiiiv) the Class B Notes have been rated at least “"Aa2” " by Xxxxx’x Moody's and “"AA” " by S&PS&P and Fitch, (ivv) the Class C Notes have been rated at least “"A1” " by Xxxxx’x Moody's and “"A+” " by S&PS&P and Fitch, (vvi) the Class D Notes have been rated at least “"A2” " by Xxxxx’x Moody's and “"A” " by S&PS&P and Fitch, (vivii) the Class E Notes have been rated at least “"A3” " by Xxxxx’x Moody's and “"A-” " by S&PS&P and Fitch, (viiviii) the Class F Notes have been rated at least “"Baa1” " by Xxxxx’x Moody's and “"BBB+” " by S&PS&P and Fitch, (viiiix) the Class G Notes have been rated at least “"Baa2” " by Xxxxx’x Moody's and “"BBB” " by S&P, Fitch and (ixx) the Class H Notes have been rated at least “"Baa3” " by Xxxxx’x Moody's and “"BBB-” " by S&P, (x) the Class J Notes have been rated at least “Ba2” by Xxxxx’x and “BB” by S&P and (xi) the Class K Notes have been rated at least “B2” by Xxxxx’x and “B” by S&P Fitch and that such ratings are in full force and effect on the Closing Date.

Rating Letters. The TrusteeIssuer shall have delivered to the Trustee an Officer’s receipt Certificate of the Issuer to the effect that attached thereto is (i) a true and correct copy of a letter signed by each Rating Agency and S&P confirming that (iA) the Class A-1 Notes have been rated “AAA” by S&P, the Class A-2 Notes have been rated “AAA” by S&P, the Class A-3 Notes have been rated “AAA” by S&P, the Class B Notes have been rated at least “AA” by S&P, the Class C Notes have been rated at least “A” by S&P, the Class D Notes have been rated at least “BBB” by S&P and (B) such ratings are in full force and effect on the Closing Date; and (ii) a true and correct copy of a letter signed by Moody’s confirming that (A) the Class A-1 Notes have been rated “Aaa” by Xxxxx’x and “AAA” by S&PMoody’s, (ii) the Class A-2 Notes have been rated “Aaa” by Xxxxx’x and Moody’s, the Class A-3 Notes have been rated “AAAAaa” by S&PMoody’s, (iii) the Class B Notes have been rated at least “Aa2” by Xxxxx’x and “AA” by S&PMoody’s, (iv) the Class C Notes have been rated at least “A1A2” by Xxxxx’x and “A+” by S&PMoody’s, (v) the Class D Notes have been rated at least “A2” by Xxxxx’x and “A” by S&P, (vi) the Class E Notes have been rated at least “A3” by Xxxxx’x and “A-” by S&P, (vii) the Class F Notes have been rated at least “Baa1” by Xxxxx’x and “BBB+” by S&P, (viii) the Class G Notes have been rated at least “Baa2” by Xxxxx’x and “BBB” by S&P, (ix) the Class H Notes have been rated at least “Baa3” by Xxxxx’x and “BBB-” by S&P, (x) the Class J Notes have been rated at least “Ba2” by Xxxxx’x and “BB” by S&P Moody’s and (xiB) the Class K Notes have been rated at least “B2” by Xxxxx’x and “B” by S&P and that such ratings are in full force and effect on the Closing Date.

Rating Letters. The Trustee’s receipt of a letter signed by each Rating Agency and confirming that (i) the Class A-1 Notes, the Class A-1R Notes, the Class A-2 Notes and the Class A-2R Notes have been rated “Aaa” by Xxxxx’x Moody’s, “AAA” by S&P and “AAA” by S&PFitch, (ii) the Class A-2 Notes have been rated “Aaa” by Xxxxx’x and “AAA” by S&P, (iii) the Class B Notes have been rated at least “Aa2” by Xxxxx’x Moody’s, “AA” by S&P and “AA” by S&PFitch, (iviii) the Class C Notes have been rated at least “A1” by Xxxxx’x Moody’s, “A+” by S&P and “A+” by S&PFitch, (viv) the Class D Notes have been rated at least “A2” by Xxxxx’x Moody’s, “A” by S&P and “A” by S&PFitch, (viv) the Class E Notes have been rated at least “A3” by Xxxxx’x Moody’s, “A-” by S&P and “A-” by S&PFitch, (viivi) the Class F Notes have been rated at least “Baa1” by Xxxxx’x Moody’s, “BBB+” by S&P and “BBB+” by S&PFitch, (viiivii) the Class G Notes have been rated at least “Baa2” by Xxxxx’x Moody’s, “BBB” by S&P and “BBB” by S&PFitch, and (ixviii) the Class H Notes have been rated at least “Baa3” by Xxxxx’x Moody’s, “BBB-” by S&P and “BBB-” by S&PFitch, (x) the Class J Notes have been rated at least “Ba2” by Xxxxx’x and “BB” by S&P and (xi) the Class K Notes have been rated at least “B2” by Xxxxx’x and “B” by S&P and that such ratings are in full force and effect on the Closing Date.

Rating Letters. The Trustee’s 's receipt of a letter signed by each Rating Agency and confirming that (i) the Class A-1 Notes have been rated “"Aaa” " by Xxxxx’x Moody's and “"AAA” " by S&PS&P and Fitch, (ii) the Class A-2 Notes have been rated “"Aaa” " by Xxxxx’x Moody's and “"AAA” " by S&PS&P and Fitch, (iii) the Class B Notes have been rated at least “"Aa2” " by Xxxxx’x Moody's and “"AA” " by S&PS&P and Fitch, (iv) the Class C Notes have been rated at least “"A1” " by Xxxxx’x Moody's and “"A+” " by S&PS&P and Fitch, (v) the Class D Notes have been rated at least “"A2” " by Xxxxx’x Moody's and “"A” " by S&PS&P and Fitch, (vi) the Class E Notes have been rated at least “"A3” " by Xxxxx’x Moody's and “"A-” " by S&PS&P and Fitch, (vii) the Class F Notes have been rated at least “"Baa1” " by Xxxxx’x Moody's and “"BBB+” " by S&PS&P and Fitch, (viii) the Class G Notes have been rated at least “"Baa2” " by Xxxxx’x Moody's and “"BBB” " by S&P, S&P and Fitch and (ix) the Class H Notes have been rated at least “"Baa3” " by Xxxxx’x Moody's and “"BBB-” by S&P, (x) the Class J Notes have been rated at least “Ba2” by Xxxxx’x and “BB” " by S&P and (xi) the Class K Notes have been rated at least “B2” by Xxxxx’x and “B” by S&P Fitch and that such ratings are in full force and effect on the Closing Date.

Rating Letters. The Trustee’s receipt of a letter signed by each Rating Agency and confirming that (i) the Class A-1 Notes have been rated “Aaa” by Xxxxx’x Moody’s and “AAA” by S&PS&P and Fitch, (ii) the Class A-2 Notes have been rated “Aaa” by Xxxxx’x Moody’s and “AAA” by S&PS&P and Fitch, (iii) the Class B Notes have been rated at least “Aa2” by Xxxxx’x Moody’s and “AA” by S&PS&P and Fitch, (iv) the Class C Notes have been rated at least “A1” by Xxxxx’x Moody’s and “A+” by S&PS&P and Fitch, (v) the Class D Notes have been rated at least “A2” by Xxxxx’x Moody’s and “A” by S&PS&P and Fitch, (vi) the Class E Notes have been rated at least “A3” by Xxxxx’x Moody’s and “A-” “ by S&PS&P and Fitch, (vii) the Class F Notes have been rated at least “Baa1” by Xxxxx’x Moody’s and “BBB+” by S&PS&P and Fitch, (viii) the Class G Notes have been rated at least “Baa2” by Xxxxx’x Moody’s and “BBB” by S&PS&P and Fitch, (ix) the Class H Notes have been rated at least “Baa3” by Xxxxx’x Moody’s and “BBB-” “ by S&PS&P and Fitch, (xviii) the Class J Notes have been rated at least “Ba2Ba3” by Xxxxx’x Moody’s and “BB” by S&P and Fitch and (xiix) the Class K Notes have been rated at least “B2” by Xxxxx’x Moody’s and “B” by S&P and Fitch and that such ratings are in full force and effect on the Closing Date.

Rating Letters. The TrusteeAn Officer’s receipt certificate of a letter the Issuer to the effect that attached thereto are true and correct copies of letters signed by each Rating Agency Xxxxx’x, S&P and Fitch and confirming that (i) the Class A-1 A Notes have been rated “Aaa” by Xxxxx’x and “AAA” by S&PS&P and Fitch, (ii) the Class A-2 Notes have been rated “Aaa” by Xxxxx’x and “AAA” by S&P, (iii) that the Class B Notes have been rated at least “Aa2” by Xxxxx’x and at least “AA” by S&PS&P and Fitch, (iv) that the Class C Notes have been rated at least “A1” by Xxxxx’x and at least “A+” by S&PS&P and Fitch, (v) that the Class D Notes have been rated at least “A2” by Xxxxx’x and “A” by S&P, (vi) the Class E Notes have been rated at least “A3” by Xxxxx’x and at least “A-” by S&PS&P and “A+” by Fitch, (vii) that the Class E Notes have been rated at least “Baa1” by Xxxxx’x and at least “BBB+” by S&P and “A-” by Fitch, that the Class F Notes have been rated at least “Baa1” by Xxxxx’x and “BBB+” by S&P, (viii) the Class G Notes have been rated at least “Baa2” by Xxxxx’x and “BBB” by S&PS&P and “A-” by Fitch, (ix) that the Class H G Notes have been rated at least “Baa3” by Xxxxx’x and at least “BBB-” by S&PS&P and BBB+ by Fitch, (x) that the Class H Notes have been rated at least “BBB-” by S&P and at least “BBB+” by Fitch, that the Class J Notes have been rated at least “Ba2” by Xxxxx’x and at least “BB” by S&P and (xi) “BBB-” by Fitch, and that the Class K Notes have been rated at least “B2” by Xxxxx’x and at least “B” by S&P and “BB” by Fitch, and that such ratings are in full force and effect on the Closing Date.

Rating Letters. The Trustee’s receipt of a letter signed by each Rating Agency and confirming that (i) the Class A-1 Notes have been rated “Aaa” by Xxxxx’x Moody’s and “AAA” by S&PS&P and Fitch, (ii) the Class A-2 Notes have been rated “Aaa” by Xxxxx’x Moody’s and “AAA” by S&PS&P and Fitch, (iii) the Class B Notes have been rated at least “Aa2” by Xxxxx’x Moody’s and “AA” by S&PS&P and Fitch, (iv) the Class C Notes have been rated at least “A1” by Xxxxx’x Moody’s and “A+” by S&PS&P and Fitch, (v) the Class D Notes have been rated at least “A2” by Xxxxx’x Moody’s and “A” by S&PS&P and Fitch, (vi) the Class E Notes have been rated at least “A3” by Xxxxx’x Moody’s and “A-” by S&PS&P and Fitch, (vii) the Class F Notes have been rated at least “Baa1” by Xxxxx’x Moody’s and “BBB+” by S&PS&P and Fitch, (viii) the Class G Notes have been rated at least “Baa2” by Xxxxx’x Moody’s and “BBB” by S&PS&P and Fitch, (ix) the Class H Notes have been rated at least “Baa3” by Xxxxx’x Moody’s and “BBB-” by S&PS&P and Fitch, (x) the Class J Notes have been rated at least “Ba2” by Xxxxx’x Moody’s and “BB” by S&P and Fitch and (xi) the Class K Notes have been rated at least “B2” by Xxxxx’x Moody’s and “B” by S&P and Fitch and that such ratings are in full force and effect on the Closing Date.

Rating Letters. The Trustee’s receipt of Trustee shall receive a letter signed by each Rating Agency and confirming that (i) the Class A-1 Notes have been rated “Aaa” by Xxxxx’x Moody’s, “AAA” by S&P and “AAA” by S&PFitch, (ii) the Class A-2 Notes have been rated “Aaa” by Xxxxx’x Moody’s, “AAA” by S&P and “AAA” by S&PFitch, (iii) the Class B A-3 Notes have been rated “Aaa” by Moody’s, “AAA” by S&P and “AAA” by Fitch, (iv) the Class B-FL Notes have been rated at least “Aa2” by Xxxxx’x and Moody’s, at least “AA” by S&PS&P and at least “AA” by Fitch, (ivv) the Class C B-FX Notes have been rated at least “A1Aa2” by Xxxxx’x Moody’s, at least “AA” by S&P and at least “AA” by Fitch, (vi) the Class C-FL Notes have been rated at least “A+” by S&PS&P and at least “A+” by Fitch, (vvii) the Class C-FX Notes have been rated at least “A+” by S&P and at least “A+” by Fitch, (viii) the Class D Notes have been rated at least “A2A” by Xxxxx’x S&P and at least “A” by S&PFitch, (viix) the Class E Notes have been rated at least “A3A-” by Xxxxx’x S&P and at least “A-” by S&PFitch, (viix) the Class F Notes have been rated at least “Baa1BBB+” by Xxxxx’x S&P and at least “BBB+” by S&PFitch, (viiixi) the Class G G-FL Notes have been rated at least “Baa2BBB” by Xxxxx’x S&P and at least “BBB” by S&PFitch, (ixxii) the Class H G-FX Notes have been rated at least “Baa3BBB” by Xxxxx’x S&P and at least “BBB” by Fitch, (xiii) the Class H-FL Notes have been rated at least “BBB-” by S&PS&P and at least “BBB-” by Fitch, (xxiv) the Class H-FX Notes have been rated at least “BBB-” by S&P and at least “BBB-” by Fitch, (xv) the Class J Notes have been rated at least “Ba2” by Xxxxx’x and “BBBB-” by S&P and at least “BB-” by Fitch and (xixvi) the Class K Notes have been rated at least “B2CCC-” by Xxxxx’x and “B” by S&P S&P, and that such ratings are in full force and effect on the Closing Date.