Certificate Ratings. It is a condition of Closing that at the Closing Date the Class 1-A1, Class 1-A2, Class 2-A, Class 3-A1, Class 3-AX, Class 3-PAX, Class 4-A, Class 4-AX, Class 4-PAX, Class 5-A1, Class 5-A2, Class 5-A3, Class 5-AX, Class 5-AIO, Class 5-C, Class 6-A and Class R Certificates be rated "AAA" by Standard & Poor's, a division of The XxXxxx-Xxxx Companies, Inc. ("S&P") and "Aaa" by Xxxxx'x Investors Service, Inc. ("Xxxxx'x" and together with S&P, the "Rating Agencies"); the Class 1-A3, Class 3-A2, Class M and Class MX Certificates be rated "AAA" by S&P; the Class B1 and Class B1X Certificates be rated "AA+" by S&P and "Aa2" by Moody's; the Class B2 and Class B2X Certificates be rated "AA" by S&P; the Class B3 and B3X Certificates be rated "AA-" by S&P and "A2" by Moody's; the Class B4 Certificates be rated "A" by S&P; the Class B5 Certificates be rated "A-" by S&P and "Baa2" by Moody's; and the Class B6 Certificates be rated "BBB" by S&P. Terms of Sale of Offered Certificates: The Depositor agrees to sell to Xxxxxx Brothers Inc., (the "Underwriter") and the Underwriter agrees to purchase from the Depositor, the Offered Certificates in the principal amounts and prices set forth on Schedule 1 annexed hereto. The purchase price for the Offered Certificates shall be the Purchase Price Percentage set forth in Schedule 1 plus accrued interest at the initial interest rate per annum from and including the Cutoff Date up to, but not including, the Closing Date. The Underwriter will offer the Offered Certificates to the public from time to time in negotiated transactions or otherwise at varying prices to be determined at the time of sale.
Certificate Ratings. Class A: AAA by Standard & Poor's Aaa by Moody's AAA by Fitch Class B: A by Standard & Poor's A2 by Moody's A by Fitch Class C: BBB by Standard & Poor's Baa2 by Moody's BBB by Fitch Indenture: Indenture, dated as of September 29, 1999 between Wilmington Trust Company, not in its individual capacity but solely as Owner Trustee for the Chase Credit Card Owner Trust 1999-3 and The Bank of New York, as Indenture Trustee and securities intermediary.
Certificate Ratings. It is a condition of Closing that at the Closing Date the Class A1, Class A2, Class AX and Class R Certificates be rated "AAA" by Standard & Poor's, a division of The XxXxxx-Xxxx Companies, Inc. ("S&P") and "Aaa" by Xxxxx'x Investors Service, Inc., ("Xxxxx'x" and together with S&P, the "Rating Agencies"); the Class B1 Certificates be rated "AA" by S&P; the Class B2 Certificates be rated "A" by S&P and the Class B3 Certificates be rated "BBB" by S&P. Terms of Sale of Offered Certificates: The Depositor agrees to sell to Xxxxxx Brothers Inc., (the "Underwriter") and the Underwriter agrees to purchase from the Depositor, the Offered Certificates in the principal amounts and prices set forth on Schedule 1 annexed hereto. The purchase price for the Offered Certificates shall be the Purchase Price Percentage set forth in Schedule 1 plus accrued interest at the initial interest rate per annum from and including the Cutoff Date up to, but not including, the Closing Date. The Underwriter will offer the Offered Certificates to the public from time to time in negotiated transactions or otherwise at varying prices to be determined at the time of sale.
Examples of Certificate Ratings in a sentence
Certificate Ratings: The Class A Certificates, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2 and Class B-3 Certificates are expected to be rated by S&P, Moody’s, and Fitch.
Certificate Ratings: The Offered Certificates are expected to be rated by Moody’s Investors Service Inc.
Certificate Ratings: It is a condition to the issuance of the Class A1, Class A2, Class A3 and Class A-IO Certificates that they be rated “Aaa” by Xxxxx’x Investors Service, Inc.
Certificate Rating(s]: ________ by ____________ --------------------- _____________, [_______ by ____________ _____________.
Certificate Ratings: The Class A Certificates, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class B-1, Class B-2, and Class B-3 Certificates are expected to be rated by S&P, Moody’s, and Fitch.
More Definitions of Certificate Ratings
Certificate Ratings. It is a condition of closing that at the Closing Date the Class A Certificates be rated "AAA" by each of Standard & Poor's Rating Services, a division of The XxXxxx-Xxxx Companies, Inc. ("S&P") and Fitch, Inc. ("Fitch") and "Aaa" by Xxxxx'x Investors Services Inc. ("Moody's") and that the Class B Certificates be rated "A" by each of S&P and "A2" by Moody's.
Certificate Ratings. It is a condition of Closing that at the Closing Date the Class A and Class R Certificates be rated "AAA" by Standard & Poor's, a division of The XxXxxx-Xxxx Companies, Inc. ("S&P") and "Aaa" by Xxxxx'x Investors Service, Inc., ("Xxxxx'x" and together with S&P, the "Rating Agencies"); the Class B1 Certificates be rated "AA" by S&P and "Aa2" by Xxxxx'x; the Class B2 Certificates be rated "A" by S&P and "A2" by Moody's and the Class B3 Certificates be rated "BBB" by S&P and "Baa2" by Moody's.
Certificate Ratings. Class A: AAA by Standard & Poor's Aaa by Xxxxx'x AAA by Fitch Class B: A by Standard & Poor's A2 by Xxxxx'x A by Fitch
Certificate Ratings. It is a condition of Closing that at the Closing Date the Class 1-A1, Class 1-A2, Class 2-A, Class 3-A1, Class 3-A2, Class 4-A, Class 4-AX and Class R Certificates be rated "AAA" by Standard & Poor's, a division of The XxXxxx-Xxxx Companies, Inc. ("S&P"), and "Aaa" by Xxxxx'x Investors Service, Inc. ("Xxxxx'x" and together with S&P, the "Rating Agencies"); the Class 1-A3 and Class 3-A3 be rated "AAA" by S&P; the Class B1 and Class B1-X Certificates be rated "AA" by S&P; the Class B2 and Class B2-X Certificates be rated "A" by S&P and the Class B3 Certificates be rated "BBB" by S&P. Terms of Sale of Offered Certificates: The Depositor agrees to sell to Xxxxxx Brothers Inc. (the "Underwriter"), and the Underwriter agrees to purchase from the Depositor, the Offered Certificates in the principal amounts and prices set forth on Schedule 1 annexed hereto. The purchase price for the Offered Certificates shall be the Purchase Price Percentage set forth in Schedule 1 plus accrued interest at the initial interest rate per annum from and including the Cutoff Date up to, but not including, the Closing Date. The Underwriter will offer the Offered Certificates to the public from time to time in negotiated transactions or otherwise at varying prices to be determined at the time of sale.
Certificate Ratings. Class [________] [________] [________] ----------- -------------- -------------- -------------- Class 1-A-1 Class 1-A-2 Class 1-A-3 Class 1-A-4 Class 1-A-5 Class 1-A-6 Class 1-A-7 Class 1-A-R Class 2-A-1 Class 2-A-2 Class 2-A-3 Class 2-A-4 Class 2-A-5 Class 2-A-6 Class 2-A-7 Class 3-A-1 Class 3-A-2 Class 3-A-3 Class 3-A-4 Class 3-A-5 Class 3-A-6 Class 3-A-7 Class B-1 Class B-2 Class B-3 Class B-4
Certificate Ratings. It is a condition of Closing that at the Closing Date the Class 1A, Class 1A-IO, Class 1A-PO, Class 2A and Class R Certificates be rated "AAA" by Fitch, Inc. ("Fitch") and "Aaa" by Moody's Investors Service, Inc. ("Moody's"); the Class 1B1 Certificatxx xx xated "AA" by Fitch and Standard & Poor's, a division of The McGraw-Hill Companies ("S&P" and together with Fitch and Moody's, the "Xxxxxx Xxencies"), and "Aa2" by Moody's; the Class 1B2 Certificates be rated "A" by Fitch and S&P, and "A2" by Moody's; and the Class B3 Certificates be rated "BBB" by Fitch and S&P, and "Baa2" by Moody's.
Certificate Ratings. It is a condition of Closing that at the Closing Date the Class A1, Class A1X, Class A2, Class A2X, Class A3 and Class R Certificates be rated "AAA" by Fitch, Inc. ("Fitch") and "Aaa" by Xxxxx'x Investors Service, Inc. ("Moody's" and together with Fitch, the "Rating Agencies"); the Class B1 Certificates be rated "AA" by Fitch and "Aa2" by Moody's; the Class B2 Certificates be rated "AA" by Fitch; the Class B3 Certificates be rated "A" by Fitch and "A2" by Moody's; the Class B4 Certificates be rated "A" by Fitch; the Class B5 Certificates be rated "BBB" by Fitch and "Baa2" by Moody's'; and the Class BX Certificates be rated "BBB" by Fitch.