Common use of Rating Letters Clause in Contracts

Rating Letters. The Trustee shall receive a letter signed by each Rating Agency and confirming that (i) the Class A-1 Notes have been rated “Aaa” by Moody’s, “AAA” by S&P and “AAA” by Fitch, (ii) the Class A-2 Notes have been rated “Aaa” by Moody’s, “AAA” by S&P and “AAA” by Fitch, (iii) the Class 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 Moody’s, at least “AA” by S&P and at least “AA” by Fitch, (v) the Class B-FX Notes have been rated at least “Aa2” by 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&P and at least “A+” by Fitch, (vii) 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 “A” by S&P and at least “A” by Fitch, (ix) the Class E Notes have been rated at least “A-” by S&P and at least “A-” by Fitch, (x) the Class F Notes have been rated at least “BBB+” by S&P and at least “BBB+” by Fitch, (xi) the Class G-FL Notes have been rated at least “BBB” by S&P and at least “BBB” by Fitch, (xii) the Class G-FX Notes have been rated at least “BBB” by S&P and at least “BBB” by Fitch, (xiii) the Class H-FL Notes have been rated at least “BBB-” by S&P and at least “BBB-” by Fitch, (xiv) 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 “BB-” by S&P and at least “BB-” by Fitch and (xvi) the Class K Notes have been rated at least “CCC-” by S&P, and that such ratings are in full force and effect on the Closing Date.

Rating Letters. The Trustee shall receive 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 Moody’s, ’s and “AAA” by S&P and “AAA” by Fitch, (ii) the Class A-2 Notes have been rated “Aaa” by Moody’s, ’s and “AAA” by S&P and “AAA” by Fitch, (iii) the Class A-3 Notes have been rated “Aaa” by Moody’s, “AAA” by S&P and “AAA” by Fitch, (iv) the Class B-FL B Notes have been rated at least “Aa2” by Moody’s, at least ’s and “AA” by S&P and at least “AA” by Fitch, (viv) the Class B-FX C Notes have been rated at least “Aa2A1” by Moody’s, at least “AA” by S&P ’s and at least “AA” by Fitch, (vi) the Class C-FL Notes have been rated at least “A+” by S&P and at least “A+” by Fitch, (vii) the Class C-FX Notes have been rated at least “A+” by S&P and at least “A+” by Fitch, (viiiv) the Class D Notes have been rated at least “A2” by Moody’s and “A” by S&P and at least “A” by Fitch, (ixvi) the Class E Notes have been rated at least “A3” by Moody’s and “A-” by S&P and at least “A-” by Fitch, (xvii) the Class F Notes have been rated at least “Baa1” by Moody’s and “BBB+” by S&P and at least “BBB+” by Fitch, (xiviii) the Class G-FL G Notes have been rated at least “Baa2” by Moody’s and “BBB” by S&P and at least “BBB” by Fitch, (xiiix) the Class G-FX H Notes have been rated at least “BBBBaa3” by S&P Moody’s and at least “BBB” by Fitch, (xiii) the Class H-FL Notes have been rated at least “BBB-” by S&P and at least “BBB-” by Fitch, (xiv) the Class H-FX Notes have been rated at least “BBB-” by S&P and at least “BBB-” by Fitch, (xvx) the Class J Notes have been rated at least “BB-Ba2” by Moody’s and “BB” by S&P and at least “BB-” by Fitch and (xvixi) the Class K Notes have been rated at least “CCC-B2” by S&P, 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 shall receive 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 Moody’s, “AAA” by S&P and “AAA” by Fitch, (ii) the Class A-2 Notes have been rated “Aaa” by Moody’s, “AAA” by S&P and “AAA” by Fitch, (iii) the Class A-3 Notes have been rated “Aaa” by Moody’s, “AAA” by S&P and “AAA” by Fitch, (iv) the Class B-FL B Notes have been rated at least “Aa2” by Moody’s, at least “AA” by S&P and at least “AA” by Fitch, (viii) the Class B-FX C Notes have been rated at least “Aa2A1” by 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&P and at least “A+” by Fitch, (vii) the Class C-FX Notes have been rated at least “A+” by S&P and at least “A+” by Fitch, (viiiiv) the Class D Notes have been rated at least “A2” by Moody’s, “A” by S&P and at least “A” by Fitch, (ixv) the Class E Notes have been rated at least “A3” by Moody’s, “A-” by S&P and at least “A-” by Fitch, (xvi) the Class F Notes have been rated at least “Baa1” by Moody’s, “BBB+” by S&P and at least “BBB+” by Fitch, (xivii) the Class G-FL G Notes have been rated at least “Baa2” by Moody’s, “BBB” by S&P and at least “BBB” by Fitch, and (xiiviii) the Class G-FX H Notes have been rated at least “BBBBaa3” by S&P and at least “BBB” by FitchMoody’s, (xiii) the Class H-FL Notes have been rated at least “BBB-” by S&P and at least “BBB-” by Fitch, (xiv) 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 “BB-” by S&P and at least “BB-” by Fitch and (xvi) the Class K Notes have been rated at least “CCC-” by S&P, and that such ratings are in full force and effect on the Closing Date.

Rating Letters. The Trustee shall receive 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 Moody’s, ’s and “AAA” by S&P and “AAA” by Fitch, (ii) the Class A-2 Notes have been rated “Aaa” by Moody’s, ’s and “AAA” by S&P and “AAA” by Fitch, (iii) the Class A-3 Notes have been rated “Aaa” by Moody’s, “AAA” by S&P and “AAA” by Fitch, (iv) the Class B-FL B Notes have been rated at least “Aa2” by Moody’s, at least ’s and “AA” by S&P and at least “AA” by Fitch, (viv) the Class B-FX C Notes have been rated at least “Aa2A1” by Moody’s, at least “AA” by S&P ’s and at least “AA” by Fitch, (vi) the Class C-FL Notes have been rated at least “A+” by S&P and at least “A+” by Fitch, (vii) the Class C-FX Notes have been rated at least “A+” by S&P and at least “A+” by Fitch, (viiiv) the Class D Notes have been rated at least “A2” by Moody’s and “A” by S&P and at least “A” by Fitch, (ixvi) the Class E Notes have been rated at least “A3” by Moody’s and “A-” “ by S&P and at least “A-” by Fitch, (xvii) the Class F Notes have been rated at least “Baa1” by Moody’s and “BBB+” by S&P and at least “BBB+” by Fitch, (xiviii) the Class G-FL G Notes have been rated at least “Baa2” by Moody’s and “BBB” by S&P and at least “BBB” by Fitch, (xiiix) the Class G-FX H Notes have been rated at least “BBBBaa3” by Moody’s and “BBB-“ by S&P and at least “BBB” by Fitch, (xiii) the Class H-FL Notes have been rated at least “BBB-” by S&P and at least “BBB-” by Fitch, (xiv) the Class H-FX Notes have been rated at least “BBB-” by S&P and at least “BBB-” by Fitch, (xvviii) the Class J Notes have been rated at least “BB-Ba3” by Moody’s and “BB” by S&P and at least “BB-” by Fitch and (xviix) the Class K Notes have been rated at least “CCC-B2” by S&P, 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 shall receive Trustee'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 Moody’s, “'s and "AAA” " by S&P and “AAA” by 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 Moody’s, “'s and "AAA” " by S&P and “AAA” by Fitch, (iii) the Class A-3 Notes have been rated “Aaa” by Moody’s, “AAA” by S&P and “AAA” by Fitch, (iv) the Class B-FL B Notes have been rated at least “"Aa2” " by Moody’s, at least “'s and "AA” " by S&P and at least “AA” by Fitch, (v) the Class B-FX C Notes have been rated at least “Aa2” "A1" by Moody’s, at least “AA” 's and "A+" by S&P and at least “AA” by Fitch, (vi) the Class C-FL Notes have been rated at least “A+” by S&P and at least “A+” by Fitch, (vii) 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 “"A2" by Moody's and "A” " by S&P and at least “A” by Fitch, (ixvii) the Class E Notes have been rated at least “"A3" by Moody's and "A-” " by S&P and at least “A-” by Fitch, (xviii) the Class F Notes have been rated at least “"Baa1" by Moody's and "BBB+” " by S&P and at least “BBB+” by Fitch, (xiix) the Class G-FL G Notes have been rated at least “"Baa2" by Moody's and "BBB” " by S&P Fitch and at least “BBB” by Fitch, (xiix) the Class G-FX H Notes have been rated at least “BBB” "Baa3" by S&P Moody's and at least “BBB” by Fitch, (xiii) the Class H-FL Notes have been rated at least “"BBB-” by S&P and at least “BBB-” by Fitch, (xiv) 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 “BB-” by S&P and at least “BB-” " by Fitch and (xvi) the Class K Notes have been rated at least “CCC-” by S&P, and that such ratings are in full force and effect on the Closing Date.

Rating Letters. The Trustee shall receive a letter An Officer’s certificate of 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 Moody’s, Xxxxx’x and “AAA” by S&P and “AAA” by Fitch, (ii) that the Class A-2 Notes have been rated “Aaa” by Moody’s, “AAA” by S&P and “AAA” by Fitch, (iii) the Class A-3 Notes have been rated “Aaa” by Moody’s, “AAA” by S&P and “AAA” by Fitch, (iv) the Class B-FL B Notes have been rated at least “Aa2” by Moody’s, Xxxxx’x and at least “AA” by S&P and at least “AA” by Fitch, (v) that the Class B-FX C Notes have been rated at least “Aa2A1” by Moody’s, at least “AA” by S&P Xxxxx’x and at least “AA” by Fitch, (vi) the Class C-FL Notes have been rated at least “A+” by S&P and at least “A+” by Fitch, (vii) the Class C-FX Notes have been rated at least “A+” by S&P and at least “A+” by Fitch, (viii) that the Class D Notes have been rated at least “AA3” by Xxxxx’x and at least “A-” by S&P and at least “AA+” by Fitch, (ix) that the Class E Notes have been rated at least “A-Baa1” by Xxxxx’x and at least “BBB+” by S&P and at least “A-” by Fitch, (x) that the Class F Notes have been rated at least “BBB+Baa1” by S&P Xxxxx’x and at least “BBB+” by Fitch, (xi) the Class G-FL Notes have been rated at least “BBB” by S&P and at least “BBBA-” by Fitch, (xii) that the Class G-FX G Notes have been rated at least “BBBBaa3” by Xxxxx’x and at least “BBB-” by S&P and at least “BBB” BBB+ by Fitch, (xiii) that the Class H-FL H Notes have been rated at least “BBB-” by S&P and at least “BBB-BBB+” by Fitch, (xiv) the Class H-FX Notes have been rated at least “BBB-” by S&P and at least “BBB-” by Fitch, (xv) that the Class J Notes have been rated at least “BB-Ba2” by Xxxxx’x and at least “BB” by S&P and at least “BB-BBB-” by Fitch Fitch, and (xvi) that the Class K Notes have been rated at least “CCC-B2” by S&PXxxxx’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 shall receive 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 Moody’s, “'s and "AAA” " by S&P and “AAA” by Fitch, (ii) the Class A-2 Notes have been rated “"Aaa” " by Moody’s, “'s and "AAA” " by S&P and “AAA” by Fitch, (iii) the Class A-3 B Notes have been rated “Aaa” at least "Aa2" by Moody’s, “AAA” 's and "AA" by S&P and “AAA” by Fitch, (iv) the Class B-FL C Notes have been rated at least “Aa2” "A1" by Moody’s, at least “AA” 's and "A+" by S&P and at least “AA” by Fitch, (v) the Class B-FX Notes have been rated at least “Aa2” by 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&P and at least “A+” by Fitch, (vii) 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 “"A2" by Moody's and "A” " by S&P and at least “A” by Fitch, (ixvi) the Class E Notes have been rated at least “"A3" by Moody's and "A-” " by S&P and at least “A-” by Fitch, (xvii) the Class F Notes have been rated at least “"Baa1" by Moody's and "BBB+” " by S&P and at least “BBB+” by Fitch, (xiviii) the Class G-FL G Notes have been rated at least “"Baa2" by Moody's and "BBB” " by S&P and at least “BBB” by Fitch, Fitch and (xiiix) the Class G-FX H Notes have been rated at least “BBB” "Baa3" by Moody's and "BBB-" by S&P and at least “BBB” by Fitch, (xiii) the Class H-FL Notes have been rated at least “BBB-” by S&P and at least “BBB-” by Fitch, (xiv) 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 “BB-” by S&P and at least “BB-” by Fitch and (xvi) the Class K Notes have been rated at least “CCC-” by S&P, and that such ratings are in full force and effect on the Closing Date.

Rating Letters. The Trustee shall receive 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 Moody’s, “AAA” by S&P Xxxxx’x and “AAA” by FitchS&P, (ii) the Class A-2 Notes have been rated “Aaa” by Moody’s, “AAA” by S&P Xxxxx’x and “AAA” by FitchS&P, (iii) the Class A-3 Notes have been rated “Aaa” by Moody’s, “AAA” by S&P and “AAA” by Fitch, (iv) the Class B-FL B Notes have been rated at least “Aa2” by Moody’s, at least Xxxxx’x and “AA” by S&P and at least “AA” by FitchS&P, (viv) the Class B-FX C Notes have been rated at least “Aa2A1” by Moody’s, at least “AA” by S&P Xxxxx’x and at least “AA” by Fitch, (vi) the Class C-FL Notes have been rated at least “A+” by S&P and at least “A+” by FitchS&P, (vii) the Class C-FX Notes have been rated at least “A+” by S&P and at least “A+” by Fitch, (viiiv) the Class D Notes have been rated at least “AA2” by S&P Xxxxx’x and at least “A” by FitchS&P, (ixvi) the Class E Notes have been rated at least “A-A3” by S&P Xxxxx’x and at least “A-” by FitchS&P, (xvii) the Class F Notes have been rated at least “BBB+Baa1” by S&P Xxxxx’x and at least “BBB+” by FitchS&P, (xiviii) the Class G-FL G Notes have been rated at least “BBBBaa2” by S&P Xxxxx’x and at least “BBB” by FitchS&P, (xiiix) the Class G-FX H Notes have been rated at least “BBBBaa3” by S&P Xxxxx’x and at least “BBB” by Fitch, (xiii) the Class H-FL Notes have been rated at least “BBB-” by S&P and at least “BBB-” by FitchS&P, (xiv) the Class H-FX Notes have been rated at least “BBB-” by S&P and at least “BBB-” by Fitch, (xvx) the Class J Notes have been rated at least “BB-Ba2” by Xxxxx’x and “BB” by S&P and at least “BB-” by Fitch and (xvixi) the Class K Notes have been rated 116 at least “CCC-B2” by S&P, Xxxxx’x and “B” by S&P and that such ratings are in full force and effect on the Closing Date.