Common use of Additional Termination Provisions Clause in Contracts

Additional Termination Provisions. (i) If (1) the short-term counterparty risk assessment or the long-term counterparty risk assessment, in each case, of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as, respectively, “P-1(cr)” or “A2(cr)”, by Xxxxx’x Investors Service Inc. (“Moody’s”) (the “Minimum Xxxxx’x Rating”), (2) (i) the short-term issuer default rating (the “Fitch ST Rating”) or (ii) the derivative counterparty rating, if one is assigned, and if not, the long-term issuer default rating (as applicable, the “Xxxxx XX Rating”), in each case, of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as, respectively, “F1” or “A-”, by Fitch Ratings, Inc. (“Fitch”) (the “Minimum Fitch Rating”), or (3) the short- term, unsecured, unsubordinated and unguaranteed debt obligations or the long-term, unsecured, unsubordinated and unguaranteed debt obligations, in each case, of Party A or any Credit Support Provider from time to time in respect of Party A, as applicable, cease to be rated at least as high as, respectively, “R-1(low)” or “A”, by DBRS Limited (“DBRS” and, together with Moody’s and Fitch and each of their respective successors, the “Rating Agencies” and each a “Rating Agency”) (the “Minimum DBRS Rating”, and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”, and each such cessation being an “Initial Rating Event”, provided that, for greater certainty, in respect of each of (1), (2) and (3), if Party A or any Credit Support Provider of Party A, as applicable, has one of such ratings from Moody’s, Fitch or DBRS, respectively, it will have the applicable “\Minimum Ratings” and an Initial Rating Event will not occur with respect to Party A), then Party A will, at its own cost, either:

Additional Termination Provisions. (i) If (1) the short-term counterparty risk assessment or the long-term counterparty risk assessment, in each case, assessment of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as, respectively, “P-1(cr)” or as “A2(cr)” (the “Minimum Xxxxx’x Rating”, by Xxxxx’x Investors Service Inc. (“Moody’s”) (the “Minimum Xxxxx’x Rating”), (2) (i) the short-term issuer default rating (the “Fitch ST Rating”) or (ii) the derivative counterparty rating, if one is assigned, and if not, the long-term issuer default rating (as applicable, the “Xxxxx XX Rating”), in each case, of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as, respectively, “F1” or “A-A” (the “Minimum Fitch Rating”, provided that, for greater certainty, only one of such ratings from Fitch is required to have the Minimum Fitch Rating) by Fitch Ratings, Inc. (“Fitch”) (the “Minimum Fitch Rating”), or (3) the short- short-term, unsecured, unsubordinated and unguaranteed debt obligations or the long-term, unsecured, unsubordinated and unguaranteed debt obligations, in each case, obligations of Party A or any Credit Support Provider from time to time in respect of Party A, as applicable, cease to be rated at least as high as, respectively, “R-1(low)” or “A” (the “Minimum DBRS Rating”, provided that, for greater certainty, only one of such ratings from DBRS is required to have the Minimum DBRS Rating and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”) by DBRS Limited (“DBRS” and, together with Moody’s and Fitch and each of their respective successors, the “Rating Agencies” and each a “Rating Agency”) ), (the “Minimum DBRS Rating”, and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”, and each such cessation being an “Initial Rating Event”, provided that, for greater certainty, in respect of each of (1), (2) and (3), if Party A or any Credit Support Provider of Party A, as applicable, has one of such ratings from Moody’s, Fitch or DBRS, respectively, it will have the applicable “\Minimum Ratings” and an Initial Rating Event will not occur with respect to Party A), then Party A will, at its own cost, either:

Additional Termination Provisions. (i) If (1) the rating of the short-term counterparty risk assessment or term, unsecured, unsubordinated and unguaranteed debt obligations or, respectively, the long-term counterparty risk assessmentterm, in each caseunsecured, unsubordinated and unguaranteed debt obligations of Party A or any Credit Support Provider credit support provider or guarantor from time to time in respect of Party A, as applicable, ceases A cease to be rated at least as high as, respectively, “P-1(cr)P-1” or “A2(cr)A-2” (the “Minimum Xxxxx’x Rating”, ) by Xxxxx’x Investors Service Inc. (“Moody’s”) (the “Minimum Xxxxx’x Rating”), (2) (i) the short-term issuer default rating by Fitch, Inc. (the “Fitch ST RatingFitch”) or (ii) the derivative counterparty ratingand, if one is assigned, and if notrespectively, the long-term issuer default rating (as applicable, the “Xxxxx XX Rating”), in each case, by Fitch of Party A or any Credit Support Provider credit support provider or guarantor from time to time in respect of Party A, as applicable, ceases A cease to be at least as high as, respectively, “F1” or and “A-”, by Fitch Ratings, Inc. (“Fitch”) A” (the “Minimum Fitch Rating”), or (3) the short- term, rating of the short-term unsecured, unsubordinated and unguaranteed debt obligations or and the long-term, term unsecured, unsubordinated and unguaranteed debt obligations, in each case, obligations of Party A or any Credit Support Provider credit support provider or guarantor from time to time in respect of Party A, as applicable, A cease to be rated at least as high as, respectively, “R-1(lowR-1 (middle)” or and “AA (high)” (the “Minimum DBRS Rating” and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”, ) by DBRS Limited (“DBRS” and, together with Moody’s and Fitch and each of their respective successors, the “Rating Agencies” and each a “Rating Agency”) ), (the “Minimum DBRS Rating”, and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”, and each such cessation being an “Initial Rating Event”, provided that, for greater certainty, in respect of each of (1), (2) and (3), if Party A or any Credit Support Provider of Party A, as applicable, has one of such ratings from Moody’s, Fitch or DBRS, respectively, it will have the applicable “\Minimum Ratings” and an Initial Rating Event will not occur with respect to Party A), then Party A will, at its own cost, either:

Additional Termination Provisions. (i) If (1) the short-term counterparty risk assessment or (x) S&P Option 4 is in effect and the long-term counterparty risk assessmentterm, unsecured, unsubordinated and unguaranteed debt obligations of Party A (or its successor) or any credit support provider or guarantor from time to time in respect of Party A cease to be rated at least “A+” by Standard & Poor’s Rating Services, a division of The XxXxxx-Xxxx Companies, Inc. (“S&P”), or (y) S&P Option 1 or S&P Option 3 is in effect and the long-term, unsecured, unsubordinated and unguaranteed debt obligations of Party A (or its successor) or any credit support provider or guarantor from time to time in respect of Party A cease to be rated at least “A” by S&P (in each case, as applicable, the “Minimum S&P Rating”), (2) the rating of the short-term, unsecured, unsubordinated and unguaranteed debt obligations or, respectively, the long-term, unsecured, unsubordinated and unguaranteed debt obligations of Party A or any Credit Support Provider credit support provider or guarantor from time to time in respect of Party A, as applicable, ceases A cease to be rated at least as high as, respectively, “P-1(cr)P-1” or “A2(cr)A-2” (the “Minimum Xxxxx’x Rating”, ) by Xxxxx’x Investors Service Inc. (“Moody’s”) (the “Minimum Xxxxx’x Rating”), (2) (i3) the short-term issuer default rating by Fitch, Inc. (the “Fitch ST RatingFitch”) or (ii) the derivative counterparty ratingand, if one is assigned, and if notrespectively, the long-term issuer default rating (as applicable, the “Xxxxx XX Rating”), in each case, by Fitch of Party A or any Credit Support Provider credit support provider or guarantor from time to time in respect of Party A, as applicable, ceases A cease to be at least as high as, respectively, “F1” or and “A-”, by Fitch Ratings, Inc. (“Fitch”) A” (the “Minimum Fitch Rating”), or (34) the short- term, rating of the short-term unsecured, unsubordinated and unguaranteed debt obligations or and the long-term, term unsecured, unsubordinated and unguaranteed debt obligations, in each case, obligations of Party A or any Credit Support Provider credit support provider or guarantor from time to time in respect of Party A, as applicable, A cease to be rated at least as high as, respectively, “R-1(lowR-1 (middle)” or and “AA (high)” (the “Minimum DBRS Rating” and, together with the Minimum S&P Rating, Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”, ) by DBRS Limited (“DBRS” and, together with Moody’s S&P, Xxxxx’x and Fitch and each of their respective successors, the “Rating Agencies” and each a “Rating Agency”) ), (the “Minimum DBRS Rating”, and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”, and each such cessation being an “Initial Rating Event”, provided that, for greater certainty, in respect of each of (1), (2) and (3), if Party A or any Credit Support Provider of Party A, as applicable, has one of such ratings from Moody’s, Fitch or DBRS, respectively, it will have the applicable “\Minimum Ratings” and an Initial Rating Event will not occur with respect to Party A), then Party A will, at its own cost, either:

Additional Termination Provisions. (i) If (1) the short-term counterparty risk assessment or the long-term counterparty risk assessment, in each case, of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as, respectively, “P-1(cr)” or “A2(cr)”, by Xxxxx’x Investors Service Inc. (“Moody’s”) (the “Minimum Xxxxx’x Rating”), (2) (i) the short-short- term issuer default rating (the “Fitch ST Rating”) or (ii) the derivative counterparty rating, if one is assigned, and if not, the long-term issuer default rating (as applicable, the “Xxxxx XX Rating”), in each case, of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as, respectively, “F1” or “A-”, by Fitch Ratings, Inc. (“Fitch”) (the “Minimum Fitch Rating”), or (3) the short- short-term, unsecured, unsubordinated and unguaranteed debt obligations or the long-term, unsecured, unsubordinated and unguaranteed debt obligations, in each case, of Party A or any Credit Support Provider from time to time in respect of Party A, as applicable, cease to be rated at least as high as, respectively, “R-1(lowR- 1(low)” or “A”, by DBRS Limited (“DBRS” and, together with Moody’s and Fitch and each of their respective successors, the “Rating Agencies” and each a “Rating Agency”) (the “Minimum DBRS Rating”, and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”, and each such cessation being an “Initial Rating Event”, provided that, for greater certainty, in respect of each of (1), (2) and (3), if Party A or any Credit Support Provider of Party A, as applicable, has one of such ratings from Moody’sXxxxx’x, Fitch or DBRS, respectively, it will have the applicable “\Minimum Ratings” and an Initial Rating Event will not occur with respect to Party A), then Party A will, at its own cost, either:

Additional Termination Provisions. (i) If (1) the short-term counterparty risk assessment or the long-term counterparty risk assessment, in each case, of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as, respectively, “P-1(cr)” or “A2(cr)”, by Xxxxx’x Investors Service Inc. (“Moody’s”) (the “Minimum Xxxxx’x Rating”), (2) (i) the short-short- term issuer default rating (the “Fitch ST Rating”) or (ii) the derivative counterparty rating, if one is assigned, and if not, the long-term issuer default rating (as applicable, the “Xxxxx XX Rating”), in each case, of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as, respectively, “F1” or “A-”, by Fitch Ratings, Inc. (“Fitch”) (the “Minimum Fitch Rating”), or (3) the short- short-term, unsecured, unsubordinated and unguaranteed debt obligations or the long-term, unsecured, unsubordinated and unguaranteed debt obligations, in each case, of Party A or any Credit Support Provider from time to time in respect of Party A, as applicable, cease to be rated at least as high as, respectively, “R-1(low)” or “A”, by DBRS Limited (“DBRS” and, together with Moody’s and Fitch and each of their respective successors, the “Rating Agencies” and each a “Rating Agency”) (the “Minimum DBRS Rating”, and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”, and each such cessation being an “Initial Rating Event”, provided that, for greater certainty, in respect of each of (1), (2) and (3), if Party A or any Credit Support Provider of Party A, as applicable, has one of such ratings from Moody’s, Fitch or DBRS, respectively, it will have the applicable “\Minimum Ratings” and an Initial Rating Event will not occur with respect to Party A), then Party A will, at its own cost, either:

Additional Termination Provisions. (i) If (1) the short-term counterparty risk assessment or the long-term counterparty risk assessment, in each case, of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as, respectively, “P-1(cr)” or “A2(cr)”, by Xxxxx’x Investors Service Inc. (“Moody’s”) (the “Minimum Xxxxx’x Rating”), (2) (i) the short-short- term issuer default rating (the “Fitch ST Rating”) or (ii) the derivative counterparty rating, if one is assigned, and if not, the long-term issuer default rating (as applicable, the “Xxxxx XX Rating”), in each case, of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as, respectively, “F1” or “A-”, by Fitch Ratings, Inc. (“Fitch”) (the “Minimum Fitch Rating”), or (3) the short- short-term, unsecured, unsubordinated and unguaranteed debt obligations or the long-term, unsecured, unsubordinated and unguaranteed debt obligations, in each case, of Party A or any Credit Support Provider from time to time in respect of Party A, as applicable, cease to be rated at least as high as, respectively, “R-1(lowR- 1(low)” or “A”, by DBRS Limited (“DBRS” and, together with Moody’s and Fitch and each of their respective successors, the “Rating Agencies” and each a “Rating Agency”) (the “Minimum DBRS Rating”, and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”, and each such cessation being an “Initial Rating Event”, provided that, for greater certainty, in respect of each of (1), (2) and (3), if Party A or any Credit Support Provider of Party A, as applicable, has one of such ratings from Moody’s, Fitch or DBRS, respectively, it will have the applicable “\Minimum Ratings” and an Initial Rating Event will not occur with respect to Party A), then Party A will, at its own cost, either: