Initial S&P Rating Event. In the event that neither Party A (or its successor or permitted transferee) nor any Credit Support Provider from time to time in respect of Party A has the Initial S&P Required Rating (an Initial S&P Rating Event), then: (a) Party A will, within the Initial Remedy Period, post collateral at its own cost and expense if required in accordance with the provisions of the Credit Support Annex; and (b) at any time, at its own discretion and at its own cost and expense, Party A may:
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Sources: Isda Master Agreement, Isda Master Agreement, Isda Master Agreement