Rating Letters. Solely with respect to the initial advance to be made by each Conduit Lender, the applicable Agent shall have received a letter from each applicable Rating Agency confirming its rating of such Conduit Lender;
Rating Letters. A Responsible Officer’s certificate of the Issuer to the effect that attached thereto is a true and correct copy of a letter signed by each Rating Agency, as applicable, and confirming that each Class of Notes has been assigned the applicable Initial Rating and that such ratings are in effect on the Closing Date.
Rating Letters. An Officer’s certificate of the Issuer to the effect that attached thereto are true and correct copies of letters signed by Xxxxx’x, S&P and Fitch and confirming that the Class A Notes have been rated “Aaa” by Xxxxx’x and “AAA” by S&P and Fitch, that the Class B Notes have been rated at least “Aa2” by Xxxxx’x and at least “AA” by S&P and Fitch, that the Class C Notes have been rated at least “A1” by Xxxxx’x and at least “A+” by S&P and Fitch, that the Class D Notes have been rated at least “A3” by Xxxxx’x and at least “A-” by S&P and “A+” by Fitch, that the Class E Notes have been rated at least “Baa1” by Xxxxx’x and at least “BBB+” by S&P and “A-” by Fitch, that the Class F Notes have been rated at least “Baa1” by Xxxxx’x and at least “BBB” by S&P and “A-” by Fitch, that the Class G Notes have been rated at least “Baa3” by Xxxxx’x and at least “BBB-” by S&P and BBB+ by Fitch, that the Class H Notes have been rated at least “BBB-” by S&P and at least “BBB+” by Fitch, that the Class J Notes have been rated at least “Ba2” by Xxxxx’x and at least “BB” by S&P and “BBB-” by Fitch, and that the Class K Notes have been rated at least “B2” by Xxxxx’x and at least “B” by S&P and “BB” by Fitch, and that such ratings are in full force and effect on the Closing Date.
Rating Letters. To the extent receipt of a rating letter is a condition to the issuance of any Certificates as provided in the Series Certificate Agreement, a favorable letter from the Rating Agency.
Rating Letters. Proof of receipt of ratings on the Bonds of at least “AA+” from S&P Global Ratings and at least “Aaa” from Xxxxx’x Investors Service, Inc.;
Rating Letters. Each Non-Conduit Purchaser and each Funding Agent shall have received a copy of a letter, in form and substance satisfactory to such Non-Conduit Purchaser or Funding Agent, from DBRS stating that the long-term rating of at least “A” has been assigned by DBRS to the Series 2015-3 Notes. Each Non-Conduit Purchaser and each Funding Agent shall have received a copy of a letter, in form and substance satisfactory to such Non-Conduit Purchaser and Funding Agent, from DBRS, and ABRCF and the Trustee shall have received a copy of a letter from Xxxxx’x, in each case stating that the issuance of the Series 2015-3 Notes will not result in a reduction or withdrawal of the rating (in effect immediately before the effectiveness of this Supplement) of any outstanding Series of Notes with respect to which it is a Rating Agency. Each Funding Agent shall have received a letter, in form and substance satisfactory to such Funding Agent, from each of Xxxxx’x, Standard & Poor’s and/or Fitch, as applicable, confirming the commercial paper rating of the related CP Conduit Purchaser after giving effect to such CP Conduit Purchaser’s purchase of Series 2015-3 Notes. Any fees of Xxxxx’x, Standard & Poor’s, Fitch and any Rating 91 Agency in connection with the delivery of such letters shall have been paid by or on behalf of ABRCF.
Rating Letters. The Trustee’s receipt of a letter signed by the Rating Agencies and confirming that (i) the Class A Notes have been rated “Aaa(sf)” by Moody’s and “AAA(sf)” by DBRS, (ii) the Class B Notes have been rated at least “Baa2(sf)” by Moody’s and “AA(sf)” by DBRS and (iii) the Class C Notes have been rated at least “BBB(low)(sf)” by DBRS and that such ratings are in full force and effect on the Closing Date.
Rating Letters. An Officer’s certificate of the Issuer to the effect it has received a true and correct copy of a letter signed by the Rating Agency and confirming that each Class of Secured Debt has been assigned the applicable Initial Rating and that such ratings are in effect on the Closing Date.
Rating Letters. Each Funding Agent shall have received a letter, in form and substance satisfactory to such Funding Agent, from each of Xxxxx’x, Standard & Poor’s and/or Fitch, as applicable, confirming the commercial paper rating of the related CP Conduit Purchaser after giving effect to such CP Conduit Purchaser’s purchase of Series 2010-6 Notes. Each Non-Conduit Purchaser and each Funding Agent shall have received a copy of a letter, in form and substance satisfactory to such Non-Conduit Purchaser and Funding Agent, from each of DBRS and Standard & Poor’s, and ABRCF and the Trustee shall have received a copy of a letter from Xxxxx’x, in each case stating that the issuance of the Series 2010-6 Notes will not result in a reduction or withdrawal of the rating (in effect immediately before the effectiveness of the Original Series 2010-6 Supplement) of any outstanding Series of Notes with respect to which it is a Rating Agency. Any fees of Xxxxx’x, Standard & Poor’s, Fitch and any Rating Agency in connection with the delivery of such letters shall have been paid by or on behalf of ABRCF.
Rating Letters. An Officer’s Certificate of the Issuer to the effect that the Issuer has received a letter from S&P confirming that such Rating Agency’s rating of the applicable First Refinancing Debt is as set forth in the Indenture (as amended by this Supplemental Indenture).
