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Common use of DBRS Clause in Contracts

DBRS. In respect of any reference to a rating downgrade by DBRS, a party will be treated as having being downgraded by DBRS if: (i) such party is or has been rated by DBRS and such rating has been lowered or withdrawn; or (ii) such party is not rated by DBRS but ceases to have a DBRS Equivalent Rating.

Appears in 5 contracts

Samples: Issuer Account Bank Agreement, Issuer Account Bank Agreement, Issuer Master Framework Agreement