Common use of Implications of Rating Events Clause in Contracts

Implications of Rating Events. Each of the following provisions (A) to (F) (inclusive) is without prejudice to the consequences of Party A (i) breaching any provision of this Agreement other than the subparagraph of this Part 5(f) or the paragraph of the Credit Support Annex to which each such provision below refers or (ii) failing to post collateral under, or take any action required under, the Credit Support Annex, in each case in accordance with the requirements of any rating agency other than the rating agency to which each such provision below refers.