Collateral Trigger Requirements definition

Collateral Trigger Requirements shall apply so long as no Relevant Entity has the Qualifying Collateral Trigger Rating.
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Collateral Trigger Requirements shall apply so long as no Relevant Entity has a Qualifying Collateral Trigger Rating and Party A has not obtained, if relevant, a rating agency confirmation from Moody’s on each occasion as may be relevant in respect thereof or the terms of any such rating agency confirmation from Moody's are subsequently breached.
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Examples of Collateral Trigger Requirements in a sentence

  • It shall constitute an Additional Termination Event, in respect of which Party A shall be the sole Affected Party, if Party A fails to comply with or perform any of its obligations in accordance with the Credit Support Annex and the Collateral Trigger Requirements apply and at least 30 Local Business Days have elapsed since the last time the Collateral Trigger Requirements did not apply, and such failure shall not be or give rise to an Event of Default.

  • In the case of the Hedge Collateral Cash Account, within 30 days of the signing of this Agreement and, in the case of the Hedge Collateral Securities Account, within 90 days of both: (i) the occurrence of an Initial Fitch Rating Event, a Subsequent Fitch Rating Event or if the Collateral Trigger Requirements apply; and (ii) a request of Party A made in writing.

  • Fitch Rating Event or if the Collateral Trigger Requirements apply; and (ii) a request of Party A made in writing.

  • In the case of the Hedge Collateral Cash Account, within 30 days of the signing of this Agreement and, in the case of the Hedge Collateral Securities Account, within 90 days of both: (i) the occurrence of an Initial Fitch Rating Event, Yes Yes Yes a Subsequent Fitch Rating Event or if the Collateral Trigger Requirements apply; and (ii) a request of Party A made in writing.

Related to Collateral Trigger Requirements

  • S&P Required Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a long-term unsecured and unsubordinated debt rating from S&P of "BBB+".

  • Collateral Quality Tests means the Collateral Quality Tests set out in the Investment Management Agreement being each of the following:

  • Collateral Quality Test means a test that is satisfied if, as of any date of determination, in the aggregate, the Collateral Loans owned (or, in relation to a proposed purchase of a Collateral Loan, both owned and proposed to be owned) by the Borrower satisfy each of the tests set forth below, calculated, in each case, in accordance with Section 1.04:

  • Required Ratings Threshold means each of the S&P Required Ratings Threshold and the Moody’s Second Trigger Ratings Threshold.

  • Threshold Event Collateral shall have the meaning assigned to such term in Section 5(g).