Common use of Reliance Letters Clause in Contracts

Reliance Letters. Counsel to the Depositor shall provide reliance letters to the Underwriters relating to each legal opinion relating to the transaction contemplated hereby or in the Terms Agreement rendered to either Trustee or either Rating Agency.

Appears in 2 contracts

Samples: Underwriting Agreement (Merrill Auto Trust Securitization 2008-1), Underwriting Agreement (Merrill Auto Trust Securitization 2007-1)

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Reliance Letters. Counsel At the Closing Time, counsel to the Depositor shall provide reliance letters to the Underwriters relating to each legal opinion relating to the transaction contemplated hereby or in the Terms Agreement rendered to either Trustee or either Rating Agency.

Appears in 1 contract

Samples: Certificate Underwriting Agreement (Wachovia Education Loan Funding LLC)

Reliance Letters. Counsel At the Closing Time, counsel to the Depositor shall provide reliance letters to the Underwriters relating to each legal opinion relating to the transaction contemplated hereby or in the Terms Agreement rendered to either Trustee or Trustee, either Rating AgencyAgency or the Insurer.

Appears in 1 contract

Samples: Pooled Auto Securities Shelf LLC

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Reliance Letters. Counsel At the Closing Time, counsel to the Depositor shall provide reliance letters to the Underwriters relating to each legal opinion relating to the transaction contemplated hereby or in the Terms Agreement rendered to either the Indenture Trustee, the Owner Trustee or either any Rating Agency.

Appears in 1 contract

Samples: Underwriting Agreement (Wachovia Auto Loan Owner Trust 2008-1)

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