Rating Event. (i)(x) If, at any time, the long-term, unsecured and unsubordinated debt obligations of Party A (or its successor) cease to be rated at least as high as A1 (or its equivalent) by Moody's (and, at such time, the long-term, unsecured and unsubordinated debt obligations of any co-obligor to Party A are not rated as high as A1 (or its equivalent) by Moody's (such ratings together the "MOODY'S REQUIRED RATINGS I")), then Party A will, at its own cost within 30 days from ceasing to meet Moody's Required Ratings I:
Appears in 7 contracts
Samples: Master Agreement (Barclaycard Funding PLC), Master Agreement (Barclaycard Funding PLC), Master Agreement (Barclaycard Funding PLC)
Rating Event. (i)(x) If, at any time, the long-term, unsecured and unsubordinated debt obligations of Party A (or its successor) cease to be rated at least as high as A1 (or its equivalent) by Moody's (and, at such time, the long-term, unsecured and unsubordinated debt obligations of any co-obligor to Party A are not rated as high as A1 (or its equivalent) by Moody's (such ratings together the "MOODY'S REQUIRED RATINGS I")), then Party A will, at its own cost within 30 days from ceasing to meet Moody's Required Ratings I1:
Appears in 3 contracts
Samples: Master Agreement (Barclaycard Funding PLC), Master Agreement (Barclaycard Funding PLC), Master Agreement (Barclaycard Funding PLC)
Rating Event. (i)(xi) (x) If, at any time, the long-term, unsecured and unsubordinated debt obligations of Party A (or its successor) cease to be rated at least as high as A1 (or its equivalent) by Moody's (and, at such time, the long-term, unsecured and unsubordinated xxx xxxubordinated debt obligations of any co-obligor to Party A are not rated as high as A1 (or its equivalent) by Moody's (such ratings together the "MOODY'S REQUIRED RATINGS XXXXXXX I")), then Party A will, at its own xxx xxx cost within 30 days from ceasing to meet Moody's Required Ratings I:
Appears in 2 contracts
Samples: Master Agreement (Gracechurch Receivables Trustee LTD), Master Agreement (Gracechurch Receivables Trustee LTD)
Rating Event. (i)(xi) (x) If, at any time, the long-term, unsecured and unsubordinated debt obligations of Party A (or its successor) cease to be rated at least as high as A1 (or its equivalent) by Moody's Moodys (and, at such time, the long-term, unsecured and unsubordinated debt obligations of any co-obligor to Party A are not rated as high as A1 (or its equivalent) by Moody's Moodys (such ratings together the "MOODY'S REQUIRED RATINGS I")), then Party A will, at its own cost within 30 days from ceasing to meet Moody's Required Ratings I:
Appears in 1 contract
Samples: Master Agreement (Gracechurch Receivables Trustee LTD)
