Common use of Ratings Confirmation Clause in Contracts

Ratings Confirmation. The Company shall have obtained the Rating Agency Confirmation with respect to the Class AA Certificates and the Class A Certificates required by Section 4(a)(v) of the Note Purchase Agreement (as in effect immediately prior to the Series B Closing) and the Ratings Confirmation with respect to the Class AA Certificates and the Class A Certificates required by Section 8.01(d) of the Intercreditor Agreement (as in effect immediately prior to the Series B Closing). Promptly upon the recording of the First Indenture Amendment pursuant to the Transportation Code and the receipt of appropriate and correct recording information from the FAA, the Company will cause Daugherty, Fowler, Peregrin, Xxxxxx & Xxxxxx, a Professional Corporation, special FAA counsel in Oklahoma City, Oklahoma to deliver to the Subordination Agent, to the Pass Through Trustees, to the Loan Trustee and to the Company an opinion as to the due recording of such instrument and the lack of filing of any intervening documents with respect to the Aircraft.

Appears in 1 contract

Samples: Participation Agreement (American Airlines Inc)

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Ratings Confirmation. The Company shall have obtained the Rating Agency Confirmation with respect to the Class AA Certificates and the Class A Certificates required by Section 4(a)(v) of the Note Purchase Agreement (as in effect immediately prior to the Series B Closing) and the Ratings Confirmation with respect to the Class AA Certificates and the Class A Certificates required by Section 8.01(d) of the Intercreditor Agreement (as in effect immediately prior to the Series B Closing). Promptly upon the recording of the First Indenture Amendment pursuant to the Transportation Code and the receipt of appropriate and correct recording information from the FAA, the Company will cause Daugherty, Fowler, Peregrin, Xxxxxx & Xxxxxx, a Professional Corporation, special FAA counsel in Oklahoma City, Oklahoma to deliver to the Subordination Agent, to the Pass Through Trustees, to the Loan Trustee and to the Company an opinion as to the due recording of such instrument and the lack of filing of any intervening documents with respect to the Aircraft. (American Airlines 2016-2B Aircraft EETC) [Reg. No.]

Appears in 1 contract

Samples: Indenture and Security Agreement (American Airlines Inc)

Ratings Confirmation. The Company shall have obtained the Rating Agency Confirmation with respect to the Class AA A Certificates and the Class A B Certificates required by Section 4(a)(v) of the Note Purchase Agreement (as in effect immediately prior to the Series B C Closing) and the Ratings Confirmation with respect to the Class AA A Certificates and the Class A B Certificates required by Section 8.01(d) of the Intercreditor Agreement (as in effect immediately prior to the Series B C Closing). Promptly upon the recording of the First Indenture Amendment pursuant to the Transportation Code and the receipt of appropriate and correct recording information from the FAA, the Company will cause Daugherty, Fowler, Peregrin, Xxxxxx & Xxxxxx, a Professional Corporation, special FAA counsel in Oklahoma City, Oklahoma to deliver to the Subordination Agent, to the Pass Through Trustees, to the Loan Trustee and to the Company an opinion as to the due recording of such instrument and the lack of filing of any intervening documents with respect to the Aircraft.

Appears in 1 contract

Samples: Participation Agreement (American Airlines Inc)

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Ratings Confirmation. The Company shall have obtained the Rating Agency Confirmation Confirmation” with respect to the Class AA A Certificates and the Class A B Certificates required by Section 4(a)(v) of the Note Purchase Agreement (as in effect immediately prior to the Series B C Closing) and the Ratings Confirmation Confirmation” with respect to the Class AA A Certificates and the Class A B Certificates required by Section 8.01(d) of the Intercreditor Agreement (as in effect immediately prior to the Series B C Closing). Promptly upon the recording of the First Second Indenture Amendment pursuant to the Transportation Code and the receipt of appropriate and correct recording information from the FAA, the Company will cause Daugherty, Fowler, Peregrin, Xxxxxx & Xxxxxx, a Professional Corporation, special FAA counsel in Oklahoma City, Oklahoma to deliver to the Subordination Agent, to the Pass Through Trustees, to the Loan Trustee and to the Company an opinion as to the due recording of such instrument and the lack of filing of any intervening documents with respect to the AircraftAircraft (other than filings in respect of the Original Indenture and the First Indenture Amendment).

Appears in 1 contract

Samples: Participation Agreement (American Airlines Inc)

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