Ratings of Notes and Confirmations of Ratings. The ratings assigned to the Notes by the Rating Agencies are based on the terms of the Transaction Documents and other relevant structural features of this transaction, including the short term unsecured, unguaranteed and unsubordinated debt ratings of the Swap Counterparty and reflect only the views of the Rating Agencies. The ratings address the likelihood of full and timely receipt by the Noteholders of interest on the Notes and the likelihood of receipt by the Noteholders of principal of the Notes by the Final Maturity Date. The Xxxxx'x rating addresses the expected loss posed to investors until the Final Maturity Date. A rating is not a recommendation to buy, sell or hold securities and may be subject to revision, suspension or withdrawal at any time by any of the Rating Agencies. There is no assurance that any such ratings will continue for any period of time or that they will not be reviewed, revised, suspended or withdrawn entirely by any of the Rating Agencies as a result of changes in or unavailability of information or if, in the judgement of the Rating Agencies, circumstances so warrant. A qualification, downgrade or withdrawal of any of the ratings mentioned above may impact upon the value of the Notes. Agencies other than the Rating Agencies could seek to rate the Notes and, if such unsolicited ratings are lower than the comparable ratings assigned to the Notes by the Rating Agencies, those shadow ratings could have an adverse effect on the value of the Notes. For the avoidance of doubt and unless the context otherwise requires, any references to "ratings" or "rating" in this Prospectus are to ratings assigned by the specified Rating Agencies only.
