Requirements for Termination. On or before the declaration of the Distribution Date by the Trustee in accordance with clause 14.1, the Trustee must obtain written confirmation from the Rating Agencies that the termination of the Facility and the appointment of the proposed substitute Liquidity Facility Provider on that Distribution Date will not result in a downgrade, qualification or withdrawal of the credit ratings then assigned by them to the Securities.
Appears in 2 contracts
Samples: Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD 2000 Med Trust), Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD)
Requirements for Termination. On or before the declaration of the a Quarterly Distribution Date by the Trustee in accordance with clause 14.1, the Trustee must obtain written confirmation from the Rating Agencies that the termination of the Facility and the appointment of the proposed substitute Liquidity Facility Provider on that Quarterly Distribution Date will not result in a downgrade, qualification or withdrawal of the credit ratings then assigned by them to the Securities.
Appears in 2 contracts
Samples: Liquidity Facility Agreement (Medallion Trust Series 2007-1g), Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD)
Requirements for Termination. On or before the declaration of the a Distribution Date by the Trustee in accordance with clause 14.1, the Trustee must obtain written confirmation from the Rating Agencies that the termination of the Facility and the appointment of the proposed substitute Liquidity Facility Provider on that Distribution Date will not result in a downgrade, qualification or withdrawal of the credit ratings then assigned by them to the Securities.. -------------------------------------------------------------------------------- 15. TRUSTEE PROVISIONS
Appears in 2 contracts
Samples: Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD), Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD)
Requirements for Termination. On or before the declaration of the a Distribution Date by the Trustee in accordance with clause 14.1, the Trustee must obtain written confirmation from the Rating Agencies that the termination of the Facility and the appointment of the proposed substitute Liquidity Facility Provider on that Distribution Date will not result in a downgrade, qualification or withdrawal of the credit ratings then assigned by them to the Securities.. --------------------------------------------------------------------------------
Appears in 1 contract
Samples: Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD)
Requirements for Termination. On or before the declaration of the a Monthly Distribution Date by the Trustee in accordance with clause 14.1, the Trustee must obtain written confirmation from the Rating Agencies that the termination of the Facility and the appointment of the proposed substitute Liquidity Facility Provider on that Monthly Distribution Date will not result in a downgrade, qualification or withdrawal of the credit ratings then assigned by them to the Securities.. -------------------------------------------------------------------------------- 15. TRUSTEE PROVISIONS
Appears in 1 contract
Samples: Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD)
Requirements for Termination. On or before the declaration of the a Distribution Date by the Trustee in accordance with clause 14.1, the Trustee must obtain written confirmation from the Rating Agencies that the termination of the Facility and the appointment of the proposed substitute Liquidity Facility Provider on that Distribution Date will not result in a downgrade, qualification or withdrawal of the credit ratings then assigned by them to the Securities.. -------------------------------------------------------------------------------- 15. Trustee provisions
Appears in 1 contract
Samples: Liquidity Facility Agreement (Securitisation Adv Serv Medallion Trust Series 2004-1g)
Requirements for Termination. On or before the declaration of the a Quarterly Distribution Date by the Trustee in accordance with clause 14.1, the Trustee must obtain written confirmation from the Rating Agencies that the termination of the Facility and the appointment of the proposed substitute Liquidity Facility Provider on that Quarterly Distribution Date will not result in a downgrade, qualification or withdrawal of the credit ratings then assigned by them to the Securities.. -------------------------------------------------------------------------------- 15. TRUSTEE PROVISIONS
Appears in 1 contract
Samples: Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD)