Common use of Rating of Notes Clause in Contracts

Rating of Notes. The Depositor shall take all reasonable action necessary to enable Mxxxx’x Investors Service, Inc. (“Moody’s”) and Standard and Poor’s Ratings Services, a division of the MxXxxx-Xxxx Companies, Inc. (“S&P” and together with Moody’s, the “Rating Agencies”) to provide the Class A-1 Notes with the highest short-term rating, the remaining classes of the Notes with the highest long-term rating or its equivalent at the Closing Date.

Appears in 3 contracts

Samples: Underwriting Agreement (Nissan-Infiniti Lt), Underwriting Agreement (Nissan Auto Leasing LLC Ii), Underwriting Agreement (Nissan Auto Leasing LLC Ii)

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Rating of Notes. The Depositor shall take all reasonable action necessary to enable Mxxxx’x Xxxxx’x Investors Service, Inc. (“Moody’s”) and Standard and Poor’s Ratings Services, a division of the MxXxxxThe XxXxxx-Xxxx Companies, Inc. (“S&P” and together with Moody’sXxxxx’x, the “Rating Agencies”) to provide the Class A-1 Notes with the highest short-term rating, and the remaining classes of the Notes with the highest long-term rating or its equivalent at the Closing Date.

Appears in 2 contracts

Samples: Depositor LLC Agreement (Nissan Auto Lease Trust 2010-A), Underwriting Agreement (Nissan Auto Leasing LLC Ii)

Rating of Notes. The Depositor shall take all reasonable action necessary to enable Mxxxx’x Investors Service, Inc. (“Moody’s”) and Standard and Poor’s Ratings Services, a division of the The MxXxxx-Xxxx Companies, Inc. (“S&P” and together with Moody’sMxxxx’x, the “Rating Agencies”) to provide the Class A-1 Notes with the highest short-term rating, and the (NALT 2008-A Underwriting Agreement) 15 remaining classes of the Notes with the highest long-term rating or its equivalent at the Closing Date.

Appears in 1 contract

Samples: Underwriting Agreement (Nissan Auto Lease Trust 2008-A)

Rating of Notes. The Depositor shall take all reasonable action necessary to enable Mxxxx’x Investors Service, Inc. (“Moody’sMxxxx’x”) and Standard and Poor’s Ratings Services, a division of the MxXxxx-Xxxx Companies, Inc. (“S&P” and together with Moody’sMxxxx’x, the “Rating Agencies”) to provide the Class A-1 Notes with the highest short-term rating, and the remaining classes of the Notes with the highest long-term rating or its equivalent at the Closing Date.

Appears in 1 contract

Samples: Underwriting Agreement (Nissan Auto Leasing LLC Ii)

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Rating of Notes. The Depositor shall take all reasonable action necessary to enable Mxxxx’x Xxxxx’x Investors Service, Inc. (“Moody’sXxxxx’x”), Xxxxx, Inc. (“Fitch”) and Standard and Poor’s Ratings Services, a division of the MxXxxxThe XxXxxx-Xxxx Companies, Inc. (“S&P” and together with Moody’sXxxxx’x and Fitch, the “Rating Agencies”) to provide the Class A-1 Notes with the highest short-term rating, and the remaining classes of the Notes with the highest long-term rating or its equivalent at the Closing Date.

Appears in 1 contract

Samples: Depositor LLC Agreement (Nissan Auto Lease Trust 2009-B)

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