Common use of Rating of Notes Clause in Contracts

Rating of Notes. The Depositor shall take all reasonable action necessary to enable M▇▇▇▇’▇ Investors Service, Inc. (“Moody’s”) and Standard and Poor’s Ratings Services, a division of the M▇▇▇▇▇-▇▇▇▇ Companies, Inc. (“S&P” and together with Moody’s, the “Rating Agencies”) to provide the Class A-1 Notes with the highest short-term rating, the remaining classes of the Notes with the highest long-term rating or its equivalent at the Closing Date.

Appears in 3 contracts

Sources: Underwriting Agreement (Nissan-Infiniti Lt), Underwriting Agreement (Nissan Auto Leasing LLC Ii), Underwriting Agreement (Nissan Auto Leasing LLC Ii)

Rating of Notes. The Depositor shall take all reasonable action necessary to enable M▇▇▇▇’▇ Investors Service, Inc. (“Moody’s”) and Standard and Poor’s Ratings Services, a division of the MThe ▇▇▇▇▇▇-▇▇▇▇ Companies, Inc. (“S&P” and together with Moody’s▇▇▇▇▇’▇, the “Rating Agencies”) to provide the Class A-1 Notes with the highest short-term rating, and the remaining classes of the Notes with the highest long-term rating or its equivalent at the Closing Date.

Appears in 2 contracts

Sources: Underwriting Agreement (Nissan Auto Lease Trust 2010-A), Underwriting Agreement (Nissan Auto Leasing LLC Ii)

Rating of Notes. The Depositor shall take all reasonable action necessary to enable M▇▇▇▇’▇ Investors Service, Inc. (“Moody’s”) and Standard and Poor’s Ratings Services, a division of the The M▇▇▇▇▇-▇▇▇▇ Companies, Inc. (“S&P” and together with Moody’sM▇▇▇▇’▇, the “Rating Agencies”) to provide the Class A-1 Notes with the highest short-term rating, and the remaining classes of the Notes with the highest long-term rating or its equivalent at the Closing Date.

Appears in 1 contract

Sources: Underwriting Agreement (Nissan Auto Lease Trust 2008-A)

Rating of Notes. The Depositor shall take all reasonable action necessary to enable M▇▇▇▇’▇ Investors Service, Inc. (“Moody’s▇▇▇▇▇’▇”), ▇▇▇▇▇, Inc. (“Fitch”) and Standard and Poor’s Ratings Services, a division of the MThe ▇▇▇▇▇▇-▇▇▇▇ Companies, Inc. (“S&P” and together with Moody’s▇▇▇▇▇’▇ and Fitch, the “Rating Agencies”) to provide the Class A-1 Notes with the highest short-term rating, and the remaining classes of the Notes with the highest long-term rating or its equivalent at the Closing Date.

Appears in 1 contract

Sources: Underwriting Agreement (Nissan Auto Lease Trust 2009-B)

Rating of Notes. The Depositor shall take all reasonable action necessary to enable M▇▇▇▇’▇ Investors Service, Inc. (“Moody’sM▇▇▇▇’▇”) and Standard and Poor’s Ratings Services, a division of the M▇▇▇▇▇-▇▇▇▇ Companies, Inc. (“S&P” and together with Moody’sM▇▇▇▇’▇, the “Rating Agencies”) to provide the Class A-1 Notes with the highest short-term rating, and the remaining classes of the Notes with the highest long-term rating or its equivalent at the Closing Date.

Appears in 1 contract

Sources: Underwriting Agreement (Nissan Auto Leasing LLC Ii)