Common use of Rating Event Clause in Contracts

Rating Event. An Additional Termination Event occurs pursuant to Part 5(d)(V). For the purposes of any such Additional Termination Event pursuant to this Part 1(g)(iv), Party A shall be the sole Affected Party and all Transactions shall be Affected Transactions.

Appears in 2 contracts

Sources: Payment Agreement, Payment Agreement

Rating Event. An Additional Termination Event occurs pursuant to Part 5(d)(V). For the purposes of any such Additional Termination Event pursuant to this Part 1(g)(iv5(f)(v), in which case Party A shall be the sole Affected Party and all Transactions shall be Affected Transactions.

Appears in 1 contract

Sources: Covered Bond Swap Schedule