Attached files
file | filename |
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8-K - 8-K - American Express Receivables Financing Corp VIII LLC | d600216d8k.htm |
EX-5.1 - EXHIBIT 5.1 - American Express Receivables Financing Corp VIII LLC | d600216dex51.htm |
Exhibit 8.1
September 17, 2013
American Express Receivables Financing Corporation VIII LLC
200 Vesey Street
31st Floor, Room 507C
New York, New York 10285
Re: | American Express Issuance Trust II |
Class A Series 2013-2 Floating Rate Asset Backed Notes
Class B Series 2013-2 Floating Rate Asset Backed Notes
Class C Series 2013-2 Floating Rate Asset Backed Notes
Ladies and Gentlemen:
We have advised American Express Receivables Financing Corporation VIII LLC (the Registrant) with respect to certain federal income tax aspects of the issuance by the Registrant of the Class A Series 2013-2 Floating Rate Asset Backed Notes (the Class A Notes), the Class B Series 2013-2 Floating Rate Asset Backed Notes (the Class B Notes) and the Class C Series 2013-2 Floating Rate Asset Backed Notes (the Class C Notes and, together with the Class A Notes and the Class B Notes, the Notes). The Notes will be issued pursuant to an Amended and Restated Indenture, dated as of March 12, 2013, as supplemented by the Series 2013-2 Indenture Supplement, expected to be dated as of September 24, 2013, as more particularly described in the prospectus, dated September 16, 2013 (the Base Prospectus), and the preliminary prospectus supplement, dated September 16, 2013 (the Preliminary Prospectus Supplement and, together with the Base Prospectus, the Prospectus), relating to such series, each forming a part of the Registration Statement on Form S-3 (File Nos. 333-185503 and 333-185503-01) as filed by the Registrant with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the Act), on December 14, 2012, and declared effective on March 6, 2013 (the Registration Statement). Such advice conforms to the description of selected federal income tax consequences to holders of the Notes that appears under the headings Prospectus SummaryTax Status and Federal Income Tax Consequences in the Base Prospectus and Prospectus Supplement SummaryFederal Income Tax Consequences in the Preliminary Prospectus Supplement. Such description does not purport to discuss all possible income tax ramifications of the proposed issuance, but with respect to those tax consequences which are discussed, in our opinion the description is accurate in all material respects, and we hereby confirm and adopt as our opinion the opinions set forth therein. There can be no assurance, however, that contrary positions will not be taken by the Internal Revenue Service or that the law will not change.
This opinion letter is based on the facts and circumstances set forth in the Prospectus and in the other documents reviewed by us.
We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the use of our name wherever appearing in the Prospectus contained therein. In giving such consent, we do not consider that we are experts, within the meaning of the term as used in the Act or the rules and regulations of the Securities and Exchange Commission issued thereunder, with respect to any part of the Registration Statement, including this opinion as an exhibit or otherwise.
Very truly yours, |
/s/ Orrick, Herrington & Sutcliffe LLP |
ORRICK, HERRINGTON & SUTCLIFFE LLP |
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