Common use of Eligible Credit Support Clause in Contracts

Eligible Credit Support. On any date: (A) for the purpose of Fitch the collateral specified in the table in Appendix A will qualify as "Eligible Credit Support" for Party A and the Fitch Valuation Percentages shall apply as set out in such table; (B) for the purpose of Moody's the collateral specified in the table in Appendix B will qualify as "Eligible Credit Support" for Party A and the Moody's Valuation Percentages shall apply as set out in such table; and (C) for the purpose of S&P the collateral specified in the table in Appendix C will qualify as "Eligible Credit Support" for Party A and S&P Valuation Percentages shall apply as set out in such table.

Appears in 3 contracts

Sources: Isda Master Agreement, Isda Master Agreement, Isda Master Agreement

Eligible Credit Support. On any date: (A) for the purpose of Fitch the collateral specified in the table in Appendix A will qualify as "Eligible Credit Support" for Party A and the Fitch Valuation Percentages shall apply as set out in such table; (B) for the purpose of Moody's ▇▇▇▇▇'▇ the collateral specified in the table in Appendix B will qualify as "Eligible Credit Support" for Party A and the Moody's ▇▇▇▇▇'▇ Valuation Percentages shall apply as set out in such table; and (C) for the purpose of S&P the collateral specified in the table in Appendix C will qualify as "Eligible Credit Support" for Party A and S&P Valuation Percentages shall apply as set out in such table.

Appears in 3 contracts

Sources: Termination Agreement, Termination Agreement, Schedule to the Master Agreement

Eligible Credit Support. On any date: (A) for the purpose of Fitch the collateral specified in the table in Appendix A (or as may be agreed between Party A, Party B and Fitch from time to time) will qualify as "Eligible Credit Support" for Party A and the Fitch Valuation Percentages shall apply as set out in such table (or, in relation to any type of Eligible Credit Support not listed in that table, such percentage as may be agreed between Party A, Party B and Fitch from time to time); (B) for the purpose of Moody's ▇▇▇▇▇'▇ the collateral specified in the table in Appendix B will qualify as "Eligible Credit Support" for Party A and the Moody's ▇▇▇▇▇'▇ Valuation Percentages shall apply as set out in such table; and (C) for the purpose of S&P the collateral specified in the table in Appendix C will qualify as "Eligible Credit Support" for Party A and S&P Valuation Percentages shall apply as set out in such table.

Appears in 1 contract

Sources: Master Agreement