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erage Test for any Class of Senior Notes is not satisfied as of the Determination Date related to a Payment Date to which such test is applied or if the Rating Agencies have not confirmed the initial ratings of the Senior Notes as of the 30th Business Day after the Ramp-Up End Datc (and such confirmation has not bee
lass A Notes. the Class B Notes and the Class C Notes has been paid in fill. If a Coverage Test for any Class of Senior Notes is not satisfied as of the Determination Date related to a Payment Date to which such test is applied or if the Rating Agencies have not confirmed the initial ratings of the Senior Notes as of
Payments will be used to redeem the Senior Notes in accordance with the Priority of Payments to the extent necessary to satisfy, such test or cause the Rating Agencies to confirm the initial ratings of the Senior Notes. as applicable, thereby reducing the amounts available for payment at lower levels of the Priori
tial ratings of the Senior Notes prior to the 30 Business Day following the Ramp-Up End Date (and has not provided such confirmation on or prior to the Determination Date related to the current Payment Date). amounts available at the applicable level of the Priority of Payments will be used to redeem the Senior Notes
erage Test for any Class of Senior Notes is not satisfied as of the Determination Date related to a Payment Date to which such test is applied or if the Rating Agencies have not confirmed the initial ratings of the Senior Notes as of the 30th Business Day after the Ramp-Up End Datc (and such confirmation has not bee
lass A Notes. the Class B Notes and the Class C Notes has been paid in fill. If a Coverage Test for any Class of Senior Notes is not satisfied as of the Determination Date related to a Payment Date to which such test is applied or if the Rating Agencies have not confirmed the initial ratings of the Senior Notes as of
he Collateral Administrator for the Collateral Administrator Fee and Collateral Administrator Expenses; (iv) ordinary fees and ordinary expenses of the Rating Agencies in connection with the rating of the Securities, including fees for any credit estimates and ongoing surveillance fees, and the ordinary fees and or
g Date to and including the Determination Date related to such Payment Date and (ii) for each Payment Date thereafter, the period from but excluding the Determination Date related to the prior Payment Date to and including the Determination Date related to such Payment Date; provided that the final Collection Period s
Entities connected to both the Rating Agencies and the Determination Date
Rating Agency
ORGANIZATION
Moody's
ORGANIZATIONthe Collateral Obligations
ORGANIZATION
Bloomberg L.P.
ORGANIZATIONthe Portfolio Profile Test
ORGANIZATIONthe Collateral Quality Test
ORGANIZATIONTelerate Page 3750
ORGANIZATIONBloomberg Financial Markets Commodities News
ORGANIZATION