Fitch Implications. If an Initial Fitch Rating Event occurs and Party A does not take any of the measures described in Part 5(f)(iii) above (and regardless of whether reasonable efforts have been used to implement any of those measures), such failure shall not be or give rise to an Event of Default but shall constitute an Additional Termination Event which shall be deemed to have occurred on the next Local Business Day after:
Appears in 8 contracts
Samples: Master Agreement, Isda Master Agreement, Master Agreement
