Common use of Rating of Notes Clause in Contracts

Rating of Notes. In accordance with Rule 2720(c)(3)(C) of the Conduct Rules of the Financial Industry Regulatory Authority (“FINRA”), the Notes have been rated in an investment grade category by Xxxxx’x Investors Service and Standard & Poor’s Ratings Services. Any certificate signed by any officer of a Spectra Party and delivered to the Representatives or counsel for the Underwriters pursuant to this Agreement shall be deemed a representation and warranty by the Spectra Party signatory thereto, as to the matters covered thereby, to each Underwriter.

Rating of Notes. In accordance with Rule 2720(c)(3)(C5121(a)(1)(C) of the Conduct Rules of the Financial Industry Regulatory Authority (“FINRA”), the Notes have been rated in an investment grade category by Xxxxx’x Investors Service and Standard & Poor’s Ratings Services. Any certificate signed by any officer of a Spectra Party and delivered to the Representatives or counsel for the Underwriters pursuant to this Agreement shall be deemed a representation and warranty by the Spectra Party signatory thereto, as to the matters covered thereby, to each Underwriter.