Reliance Letters. Counsel to each of the Depositor and the Sponsor 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 4 contracts
Samples: Terms Agreement (Pooled Auto Securities Shelf LLC), Terms Agreement (Ml Asset Backed Corp), Terms Agreement (Ml Asset Backed Corp)
Reliance Letters. Counsel to each of the Depositor and the Sponsor 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)
