Common use of Subsequent Fitch Rating Event Clause in Contracts

Subsequent Fitch Rating Event. In the event that neither Party A (nor its successor nor permitted assignee) nor any Credit Support Provider (that is a Fitch Eligible Guarantor) from time to time in respect of Party A has the Supported Minimum Counterparty Ratings (such event being "Subsequent Fitch Rating Event") then Party A will: (A) at its own expense, use reasonable endeavours to take any of the actions set out in Part 5(e)(iii)(B) above within 60 calendar days of the occurrence of such Subsequent Fitch Rating Event; and (B) pending taking any of the actions set out in Part 5(e)(iii)(B) above, Party A will at its own cost and expense, within 14 calendar days of the occurrence of such Subsequent Fitch Rating Event, post collateral in the form of cash or securities or both in support of its obligations under this Agreement in accordance with the terms of the Credit Support Annex.

Subsequent Fitch Rating Event. In the event that neither Party A (nor its successor nor permitted assignee) nor any Credit Support Provider (that is a Fitch Eligible Guarantor) from time to time in respect of Party A has the Supported Minimum Counterparty Ratings (such event being "Subsequent Fitch Rating Event") then Party A will: (A) at its own expense, use reasonable endeavours to take any of the actions set out in Part 5(e)(iii)(B) above within 60 30 calendar days of the occurrence of such Subsequent Fitch Rating Event; and (B) pending taking any of the actions set out in Part 5(e)(iii)(B) above, Party A will at its own cost and expense, within 14 calendar days of the occurrence of such Subsequent Fitch Rating Event, post collateral in the form of cash or securities or both in support of its obligations under this Agreement in accordance with the terms of the Credit Support Annex.

Subsequent Fitch Rating Event. In the event that neither Party A (nor its successor nor permitted assignee) nor any Credit Support Provider (that is a Fitch Eligible Guarantor) from time to time in respect of Party A has the Supported Minimum Counterparty Ratings (such event being "Subsequent Fitch Rating Event") then Party A will: (A) at its own expense, use reasonable endeavours to take any of the actions set out in Part 5(e)(iii)(B) above within 60 30 calendar days of the occurrence of such Subsequent Fitch Rating Event; and (B) pending taking any of the actions set out in Part 5(e)(iii)(B) above, Party A will at its own cost and expense, within 14 calendar days of the occurrence of such Subsequent Fitch Rating Event, post collateral in the form of cash or securities or both in support of its obligations under this Agreement in accordance with the terms of the Credit Support Annex.