Attached files
file | filename |
---|---|
EX-36.2 - EX-36.2 - AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST | d540368dex362.htm |
EX-36.1 - EX-36.1 - AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST | d540368dex361.htm |
EX-8.1 - EX-8.1 - AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST | d540368dex81.htm |
EX-5.2 - EX-5.2 - AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST | d540368dex52.htm |
EX-5.1 - EX-5.1 - AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST | d540368dex51.htm |
EX-4.2 - EX-4.2 - AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST | d540368dex42.htm |
EX-4.1 - EX-4.1 - AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST | d540368dex41.htm |
EX-1.2 - EX-1.2 - AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST | d540368dex12.htm |
EX-1.1 - EX-1.1 - AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST | d540368dex11.htm |
8-K - FORM 8-K - AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST | d540368d8k.htm |
Exhibit 8.2
July 17, 2018
American Express Receivables Financing Corporation III LLC
4315 South 2700 West, Room 1100, 02-01-46
Salt Lake City, Utah 84184
Re: | American Express Credit Account Master Trust |
Class A Series 2018-7 Floating Rate Asset Backed Certificates |
Class B Series 2018-7 Floating Rate Asset Backed Certificates |
Ladies and Gentlemen:
We have advised American Express Receivables Financing Corporation III LLC (the Registrant) with respect to certain federal income tax aspects of the issuance by the Registrant of the Class A Series 2018-7 Floating Rate Asset Backed Certificates (the Class A Certificates) and the Class B Series 2018-7 Floating Rate Asset Backed Certificates (the Class B Certificates and, together with the Class A Certificates, the Certificates). The Certificates will be issued pursuant to a Fourth Amended and Restated Pooling and Servicing Agreement, dated as of April 1, 2018, as amended from time to time, and the Series 2018-7 Supplement, expected to be dated as of July 23, 2018, as more particularly described in the prospectus, dated July 17, 2018 (the Prospectus), relating to such series, each forming a part of the Registration Statement on Form SF-3 (File Nos. 333-205964 and 333-205964-01) as filed by the Registrant with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the Act), on July 30, 2015, and declared effective on December 21, 2015 (the Registration Statement). Such advice conforms to the description of selected federal income tax consequences to holders of the Certificates that appears under the headings Summary of Series TermsTax Status and Tax Matters in the Prospectus. 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.
American Express Receivables Financing Corporation III LLC
July 17, 2018
Page 2
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 |