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Common use of Rating Event Clause in Contracts

Rating Event. A Rating Event as defined in Part 5.2 shall have occurred. Party A shall be the sole Affected Party in respect thereof.

Appears in 12 contracts

Sources: Class C Swap Agreement (Barclaycard Funding PLC), Master Agreement (Gracechurch Receivables Trustee LTD), Swap Transaction Confirmation (Gracechurch Receivables Trustee LTD)

Related Clauses

  • Ratings Event
  • Terminating Event
  • Rating Agency Downgrade
  • Trigger Event
  • Triggering Event

Parent Clauses

  • Termination Provisions
  • ADDITIONAL TERMINATION EVENTS
  • Other Provisions
  • Definitions
  • Information as to Company

Sub-Clauses

  • Payee Tax Representations
  • Events of Default
  • Payer Tax Representation
  • Governing Law
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