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Common use of Ratings Downgrade Clause in Contracts

Ratings Downgrade. (a) For the purpose of this Part 5(9), the following additional definitions apply:

Appears in 3 contracts

Sources: Isda Master Agreement (Westpac Securitisation Management Pty LTD), Isda Master Agreement (Westpac Securitisation MGT Pty LTD Series 2005-1g WST Trust), Isda Master Agreement (Westpac Securitisation Management Pty LTD)

Related Clauses

  • Ratings Event
  • Rating Agency Downgrade
  • No Downgrade
  • Downgrade
  • Required Ratings

Parent Clauses

  • OTHER PROVISIONS
  • Agreement to Deliver Documents
  • Conditions of Underwriters’ Obligations
  • EVENTS OF DEFAULT
  • CONDITIONS OF OBLIGATIONS OF THE UNDERWRITERS

Sub-Clauses

  • Actions to be Taken
  • Definitions
  • Actions to be Taken Upon Occurrence of Event
  • COLLATERALIZATION EVENT
  • RATINGS EVENT
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