Required Ratings as of the Closing Date Sample Clauses

Required Ratings as of the Closing Date. The ratings on each Class of Offered Notes (the “Required Ratings”) from each “nationally recognized statistical rating organization” (each, a “Rating Agency”) stated in the Time of Sale Information. Pricing Information Notes Aggregate Principal Amount Interest Rate Purchase Price (as a % of the aggregate principal amount) Underwriting Discount Final Scheduled Payment Date Class A-1 Notes $ % % % Class A-2[a] Notes $ % % % [Class A-2b Notes] $ % % % Class A-3 Notes $ % % % Class A-4 Notes $ % % % [Class B Notes] $ % % % [Class C Notes] $ % % % Underwriters and Allotments Underwriters Initial Principal Amount of Class A-1 Notes Initial Principal Amount of Class A-2[a] Notes [Initial Principal Amount of Class A-2b Notes] Initial Principal Amount of Class A-3 Notes Initial Principal Amount of Class A-4 Notes $ $ $ $ Total $ $ $ $ Underwriters [Initial Principal Amount of Class B Notes] [Initial Principal Amount of Class C Notes] Total $ $ Address for Notices to the Representatives [Underwriter] [Underwriter] [Underwriter] [Underwriter] Time of Sale Information Preliminary Prospectus: Preliminary Prospectus, dated , 20 Trust Free Writing Prospectus: Free Writing Prospectus, dated , 20 - (Ratings) Underwriter Free Writing Prospectus: Free Writing Prospectus, dated , 20 - (Pricing)
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Required Ratings as of the Closing Date. The ratings on each Class of Offered Notes (the “Required Ratings”) from each “nationally recognized statistical rating organization” (each, a “Rating Agency”) stated in the Time of Sale Information. Pricing Information Notes Aggregate Principal Amount Interest Rate Purchase Price (as a % of the aggregate principal amount) Underwriting Discount Final Maturity Date Class A-1 Notes $ 480,000,000 1.76% 99.69742 % 0.275 % February 15, 2021 Class A-2 Notes $ 270,000,000 one-month LIBOR + 0.90% 99.72500 % 0.275 % February 15, 2021 Underwriters and Allotments Underwriters Initial Principal Amount of Class A-1 Notes Initial Principal Amount of Class A-2 Notes Barclays Capital Inc. $ 108,000,000 $ 60,750,000 BNP Paribas Securities Corp. 108,000,000 60,750,000 X.X. Xxxxxx Securities LLC 108,000,000 60,750,000 RBC Capital Markets, LLC 108,000,000 60,750,000 Banco Bradesco BBI S.A. 24,000,000 13,500,000 PNC Capital Markets LLC 24,000,000 13,500,000 Total $ 480,000,000 $ 270,000,000 Address for Notices to the Representatives Barclays Capital Inc. 000 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 BNP Paribas Securities Corp. 000 0xx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 X.X. Xxxxxx Securities LLC 000 Xxxxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 RBC Capital Markets, LLC Three World Financial Center 000 Xxxxx Xxxxxx New York, New York 10281 Time of Sale Information Preliminary Prospectus: Preliminary Prospectus, dated February 4, 2016 Trust Free Writing Prospectus: Free Writing Prospectus, dated February 4, 2016 - (Ratings) Trust Free Writing Prospectus: Free Writing Prospectus, dated February 4, 2016 - (Investor Presentation) Underwriter Free Writing Prospectus: Free Writing Prospectus, dated February 9, 2016 - (Pricing)
Sample 1
Required Ratings as of the Closing Date. The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Pricing Information Notes Aggregate Principal Amount Interest Rate Purchase Price (as a % of the aggregate principal amount) Underwriting Discount Final Scheduled Payment Date Class A-2 Notes $ 616,900,000 0.57 % 99.79238 % 0.200 % January 15, 2015 Class A-3 Notes $ 658,000,000 0.72 % 99.72976 % 0.250 % December 15, 2016 Class A-4 Notes $ 177,070,000 1.00 % 99.66560 % 0.300 % September 15, 2017 Class B Notes $ 59,990,000 1.67 % 99.64536 % 0.350 % November 15, 2017 Class C Notes $ 40,000,000 2.08 % 99.56414 % 0.400 % February 15, 2018 Class D Notes $ 40,000,000 2.93 % 99.54984 % 0.450 % October 15, 2018 Underwriters and Allotments Underwriters Initial Principal Amount of Class A-2 Notes Initial Principal Amount of Class A-3 Notes Initial Principal Amount of Class A-4 Notes Barclays Capital Inc. $ 138,802,500 $ 148,050,000 $ 39,840,750 BNP Paribas Securities Corp. 138,802,500 148,050,000 39,840,750 Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated 138,802,500 148,050,000 39,840,750 RBS Securities Inc. 138,802,500 148,050,000 39,840,750 Credit Agricole Securities (USA) Inc. 30,845,000 32,900,000 8,853,500 SMBC Nikko Capital Markets Limited 30,845,000 32,900,000 8,853,500 Total $ 616,900,000 $ 658,000,000 $ 177,070,000 Underwriters Initial Principal Amount of Class B Notes Initial Principal Amount of Class C Notes Initial Principal Amount of Class D Notes Barclays Capital Inc. $ 14,997,500 $ 10,000,000 $ 10,000,000 BNP Paribas Securities Corp. 14,997,500 10,000,000 10,000,000 Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated 14,997,500 10,000,000 10,000,000 RBS Securities Inc. 14,997,500 10,000,000 10,000,000 Total $ 59,990,000 $ 40,000,000 $ 40,000,000 Parties Trust: Ford Credit Auto Owner Trust 2012-B. Owner Trustee: U.S. Bank Trust National Association. Indenture Trustee: The Bank of New York Mellon. Documents Registration Statement Registration Statement Registration (No. 333-167489) filed on June 14, 2010 and amended by Amendment No. 1 filed on July 9, 2010 and effective July 13, 2010. Indenture: Indenture, to be dated as of the Cutoff Date, between the Trust and the Indenture Trustee. Trust Agreement: Amended and Restated Trust Agreement, to be dated as of the Cutoff Date, between the Depositor and the Owner Trustee. Purchase Agreement: Purchase Agreement, to be dated as of the Cutoff Date, between Ford Credit and the Depositor. Sale and Se...
Sample 1
Required Ratings as of the Closing Date. The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Pricing Information Notes Aggregate Principal Amount Interest Rate Purchase Price (as a % of the aggregate principal amount) Underwriting Discount Final Scheduled Payment Date Class A-2a Notes $ 185,000,000 0.79% 99.79921 % 0.200 % December 15, 2017 Class A-2b Notes $ 202,000,000 one-month LIBOR + 0.28% 99.80000 % 0.200 % December 15, 2017 Class A-3 Notes $ 247,000,000 1.13% 99.74751 % 0.250 % June 15, 2018 Class A-4 Notes $ 108,000,000 1.31% 99.69014 % 0.300 % August 15, 2018 Underwriters and Allotments Underwriters Initial Principal Amount of Class A-2a Notes Initial Principal Amount of Class A-2b Notes Initial Principal Amount of Class A-3 Notes Citigroup Global Markets Inc. $ 55,500,000 $ 60,600,000 $ 74,100,000 Credit Agricole Securities (USA) Inc. 55,500,000 60,600,000 74,100,000 Mizuho Securities USA Inc. 55,500,000 60,600,000 74,100,000 CIBC World Markets Corp. 9,250,000 10,100,000 12,350,000 SMBC Nikko Securities America, Inc. 9,250,000 10,100,000 12,350,000 Total $ 185,000,000 $ 202,000,000 $ 247,000,000 Underwriters Initial Principal Amount of Class A-4 Notes Citigroup Global Markets Inc. $ 32,400,000 Credit Agricole Securities (USA) Inc. 32,400,000 Mizuho Securities USA Inc. 32,400,000 CIBC World Markets Corp. 5,400,000 SMBC Nikko Securities America, Inc. 5,400,000 Total $ 108,000,000 Parties Trust: Ford Credit Auto Lease Trust 2015-A. Owner Trustee: U.S. Bank Trust National Association.
Sample 1
Required Ratings as of the Closing Date. The ratings on each Class of Offered Notes (the “Required Ratings”) from each “nationally recognized statistical rating organization” (each, a “Rating Agency”) stated in the Time of Sale Information. Pricing Information Notes Aggregate Principal Amount Interest Rate Purchase Price* Underwriting Discount* Final Scheduled Payment Date Class A-1 Notes $ 288,300,000 0.63000% 99.95000 % 0.050 % May 15, 2017 Class A-2a Notes $ 275,000,000 1.08% 99.82735 % 0.170 % March 15, 2019 Class A-2b Notes $ 185,200,000 one-month LIBOR + 0.31% 99.83000 % 0.170 % March 15, 2019 Class A-3 Notes $ 382,000,000 1.33% 99.77052 % 0.220 % October 15, 2020 Class A-4 Notes $ 120,480,000 1.52% 99.71350 % 0.270 % August 15, 2021 Class B Notes $ 39,510,000 1.85% 99.69385 % 0.300 % September 15, 2021 Class C Notes $ 26,340,000 2.14% 99.63880 % 0.330 % October 15, 2022 * As a percentage of the aggregate principal amount of the Notes.
Sample 1
Required Ratings as of the Closing Date. The ratings on each Class of Offered Notes (the “Required Ratings”) from each “nationally recognized statistical rating organization” (each, a “Rating Agency”) stated in the Time of Sale Information. Pricing Information Notes Aggregate Principal Amount Interest Rate Purchase Price (as a % of the aggregate principal amount) Underwriting Discount Final Maturity Date Class A-1 Notes $ 675,000,000 1.95% 99.70511 % 0.275 % November 15, 2021 Class A-2 Notes $ 325,000,000 one-month LIBOR + 0.46% 99.72500 % 0.275 % November 15, 2021 Class B Notes $ 45,752,000 2.16% 99.68525 % 0.300 % November 15, 2021 Underwriters and Allotments Underwriters Initial Principal Amount of Class A-1 Notes Initial Principal Amount of Class A-2 Notes Initial Principal Amount of Class B Notes Barclays Capital Inc. $ 151,875,000 $ 73,125,000 $ 11,438,000 BNP Paribas Securities Corp. 151,875,000 73,125,000 11,438,000 Credit Agricole Securities (USA) Inc. 151,875,000 73,125,000 11,438,000 Xxxxxx Xxxxxxx & Co. LLC 151,875,000 73,125,000 11,438,000 BNY Mellon Capital Markets, LLC 33,750,000 16,250,000 — U.S. Bancorp Investments, Inc. 33,750,000 16,250,000 — Total $ 675,000,000 $ 325,000,000 $ 45,752,000
Sample 1

Related to Required Ratings as of the Closing Date

  • Required Ratings The Offered Certificates shall have received Required Ratings of at least [ ] from [ ].

  • Resignation as L/C Issuer after Assignment Notwithstanding anything to the contrary contained herein, if at any time Bank of America assigns all of its Commitment and Loans pursuant to subsection (b) above, Bank of America may, upon 30 days’ notice to the Borrower and the Lenders, resign as L/C Issuer. In the event of any such resignation as L/C Issuer, the Borrower shall be entitled to appoint from among the Lenders a successor L/C Issuer hereunder; provided, however, that no failure by the Borrower to appoint any such successor shall affect the resignation of Bank of America as L/C Issuer. If Bank of America resigns as L/C Issuer, it shall retain all the rights, powers, privileges and duties of the L/C Issuer hereunder with respect to all Letters of Credit outstanding as of the effective date of its resignation as L/C Issuer and all L/C Obligations with respect thereto (including the right to require the Lenders to make Base Rate Loans or fund risk participations in Unreimbursed Amounts pursuant to Section 2.03(c)). Upon the appointment of a successor L/C Issuer, (a) such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer, and (b) the successor L/C Issuer shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other arrangements satisfactory to Bank of America to effectively assume the obligations of Bank of America with respect to such Letters of Credit.

  • Ratings Letters The Depositor will have received ratings letters that assign the ratings to the Publicly Registered Notes specified in the Terms Annex.

  • Continuing Security Interest; Assignments under the Credit Agreement This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the latest of (i) the payment in full in cash of the Secured Obligations, (ii) the Termination Date and (iii) the termination or expiration of all Letters of Credit and all Secured Hedge Agreements, (b) be binding upon each Grantor, its successors and assigns and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Secured Parties and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender Party may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitments, the Advances owing to it and the Note or Notes, if any, held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender Party herein or otherwise, in each case as provided in Section 8.07 of the Credit Agreement.

  • Fund Valuation and Financial Reporting Services (1) Account for Fund share purchases, sales, exchanges, transfers, dividend reinvestments, and other Fund share activity as reported by the Fund’s transfer agent on a timely basis.

  • Required Notices to Rating Agency and Subservicer (See Section 11.06 of the Standard Terms)

  • Special Notices to the Rating Agencies (a) The Depositor shall give prompt notice to the Rating Agencies of the occurrence of any of the following events of which it has notice:

  • Ratings Event Upon the occurrence of a Ratings Event (as defined below) Party A has not, within 10 days after such rating withdrawal or downgrade (unless, within 10 days after such withdrawal or downgrade, each such Swap Rating Agency has reconfirmed the rating of the Swap Certificates which was in effect immediately prior to such withdrawal or downgrade (determined without regard to any financial guaranty insurance policy, if applicable), unless the rating of the Swap Certificates were changed due to a circumstance other than the withdrawal or downgrading of Party A's (or its Credit Support Provider's) rating), complied with one of the solutions listed below, then an Additional Termination Event shall have occurred with respect to Party A and Party A shall be the sole Affected Party with respect to such Additional Termination Event. It shall be a ratings event ("Ratings Event") if at any time after the date hereof Party A shall fail to satisfy the Swap Counterparty Ratings Threshold. Swap Counterparty Ratings Threshold shall mean that both (A) the unsecured, long-term senior debt obligations of Party A (or its Credit Support Provider) are rated at least "BBB-" by S&P, and (B) either (i) the unsecured, long-term senior debt obligations of Party A (or its Credit Support Provider) are rated at least "A2" by Moody's (including if such rating is on watch for possible downgrade) and the unsecured, short-term debt obligations of Party A (or its Credit Support Provider) are rated at least "P-1" by Moody's (including if such rating is on watch for possible downgrade) or (ii) if Party A (or its Credit Support Provider) does not have a short-term rating from Moody's, the unsecured, long-term senior debt obligations of Party A (or its Credit Support Provider) are rated at least "A1" by Moody's (including if such rating is on watch for possible downgrade).

  • Acknowledgement and Consent to Bail-In of EEAAffected Financial Institutions Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any EEAAffected Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of an EEAthe applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

  • Certain Notifications and Required Actions After the date of this Agreement, the Company shall promptly advise the Representatives in writing of: (i) the receipt of any comments of, or requests for additional or supplemental information from, the Commission; (ii) the time and date of any filing of any post-effective amendment to the Registration Statement or any amendment or supplement to any preliminary prospectus, the Time of Sale Prospectus, any free writing prospectus or the Prospectus; (iii) the time and date that any post-effective amendment to the Registration Statement becomes effective; and (iv) the issuance by the Commission of any stop order suspending the effectiveness of the Registration Statement or any post-effective amendment thereto or any amendment or supplement to any preliminary prospectus, the Time of Sale Prospectus or the Prospectus or of any order preventing or suspending the use of any preliminary prospectus, the Time of Sale Prospectus, any free writing prospectus or the Prospectus, or of any proceedings to remove, suspend or terminate from listing or quotation the Shares from any securities exchange upon which they are listed for trading or included or designated for quotation, or of the threatening or initiation of any proceedings for any of such purposes. If the Commission shall enter any such stop order at any time, the Company will use its best efforts to obtain the lifting of such order at the earliest possible moment. Additionally, the Company agrees that it shall comply with all applicable provisions of Rule 424(b), Rule 433 and Rule 430B under the Securities Act and will use its reasonable efforts to confirm that any filings made by the Company under Rule 424(b) or Rule 433 were received in a timely manner by the Commission.

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