RESIGNATION OR REMOVAL OF TITLING TRUSTEE. No resignation or removal of the Titling Trustee pursuant to any provision of the Titling Trust Agreement shall be effective unless and until each Rating Agency has confirmed, in writing, that such resignation or removal would not cause it to reduce, modify or withdraw its then current rating of any class of securities issued by the 1997-A Securitization Trust.
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Samples: Trust and Servicing Agreement (Toyota Auto Lease Trust 1997-A), Trust and Servicing Agreement (Toyota Auto Lease Trust 1997-A), Trust and Servicing Agreement (Toyota Lease Trust)
RESIGNATION OR REMOVAL OF TITLING TRUSTEE. No resignation or removal of the Titling Trustee pursuant to any provision of the Titling Trust Agreement shall be effective unless and until each Rating Agency has confirmed, in writing, that such resignation or removal would not cause it to reduce, modify or withdraw its then current rating of any class of securities issued by the 1997-A 20[__]-[__] Securitization Trust.
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Samples: Trust and Servicing Agreement (Toyota Lease Trust), Trust and Servicing Agreement (Toyota Lease Trust)
RESIGNATION OR REMOVAL OF TITLING TRUSTEE. No resignation or removal of the Titling Trustee pursuant to any provision of the Titling Trust Agreement shall be effective unless and until each Rating Agency has confirmed, in writing, that such resignation or removal would not cause it to reduce, modify or withdraw its then current rating of any class of securities issued by the 19971998-A C Securitization Trust.
Appears in 2 contracts
Samples: Trust and Servicing Agreement (Toyota Lease Trust), Trust and Servicing Agreement (Toyota Auto Lease Trust 1998 C)
RESIGNATION OR REMOVAL OF TITLING TRUSTEE. No resignation or removal of the Titling Trustee pursuant to any provision of the Titling Trust Agreement shall be effective unless and until each Rating Agency has confirmed, in writing, that such resignation or removal would not cause it to reduce, modify or withdraw its then current rating of any class of securities issued by the 19971998-A B Securitization Trust.. ARTICLE XVII ACCOUNTS; CASH FLOWS; PERMITTED INVESTMENTS
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Samples: Trust and Servicing Agreement (Toyota Auto Lease Trust 1998-B)
RESIGNATION OR REMOVAL OF TITLING TRUSTEE. No resignation or removal of the Titling Trustee pursuant to any provision of the Titling Trust Agreement shall be effective unless and until each Rating Agency has confirmed, in writing, that such resignation or removal would not cause it to reduce, modify or withdraw its then current rating of any class of securities issued by the 19971998-A B Securitization Trust.
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