Ratings Downgrade Provisions. Unless written notification to the contrary has been received from the Rating Agencies, following the occurrence of a Ratings Event I and/or a Ratings Event II, the parties shall comply with the following provisions, as applicable.
Appears in 31 contracts
Samples: Master Agreement (Jpmac 2006-Nc2), Master Agreement (Jpmac 2006-Cw2), Master Agreement (World Financial Network Credit Card Master Trust)