Common use of Rating Downgrade Clause in Contracts

Rating Downgrade. (a) If, at any time, a Downgrade occurs and the downgrade constitutes a Minor Downgrade, Party A shall, within 30 days (or such greater period as agreed to in writing by the relevant Designated Rating Agency), comply with Section 17(c).

Appears in 4 contracts

Samples: Novation Agreement (Crusade Global Trust No. 2 of 2006), Master Agreement (Crusade Management LTD), Master Agreement (Crusade Global Trust No. 2 of 2006)

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Rating Downgrade. (a) If, at any time, a Downgrade occurs and the downgrade constitutes a Minor Downgrade, Party A shall, within 30 days (or such greater period as agreed to in writing by the relevant Designated Rating Agency), comply with Section 17(c18(c)(i).

Appears in 2 contracts

Samples: Master Agreement (Interstar Securitisation Management Pty LTD), Master Agreement (Interstar Securitisation Management Pty LTD)

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Rating Downgrade. (a) If, at any time, a Downgrade occurs and the downgrade constitutes a Minor Downgrade, Party A shall, within 30 days (or such greater period as agreed to in writing by the relevant Designated Rating Agency), comply with Section 17(c18(c).

Appears in 1 contract

Samples: Master Agreement (Interstar Securitisation Management Pty LTD)

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