Common use of CFR Clause in Contracts

CFR. With respect to an obligor of a Collateral Obligation, if such obligor has a corporate family rating by Moody’s, then such corporate family rating; provided that if such obligor does not have a corporate family rating by Moody’s but any entity in the obligor’s corporate family does have a corporate family rating, then the CFR is such corporate family rating. For purposes of this Indenture, the terms Moody’s Default Probability Rating, Mxxxx’x Rating and Moody’s Derived Rating, have the meanings under the respective headings below. With respect to any Collateral Obligation as of any date of determination, the rating determined in accordance with the following methodology:

CFR. With respect to an obligor of a Collateral Obligation, if such obligor has a corporate family rating by Moody’s, then such corporate family rating; provided that if such obligor does not have a corporate family rating by Moody’s but any entity in the obligor’s corporate family does have a corporate family rating, then the CFR is such corporate family rating. For purposes of this Indenture, the terms Moody’s Default Probability Rating, Mxxxx’x Xxxxx’x Rating and Moody’s Derived Rating, have the meanings under the respective headings below. With respect to any Collateral Obligation as of any date of determination, the rating determined in accordance with the following methodology: