Subsequent Fitch Rating Event. A Subsequent Fitch Rating Event has commenced and is continuing and: (1) Party A fails to comply with Part 6(a)(1)(ii)(B)(1) and has not implemented at least one of the remedies described in Part 6(a)(1)(ii)(B)(2) within the Subsequent Fitch Collateral Remedy Period; or (2) Party A fails to implement at least one of the remedies described in Part 6(a)(1)(ii)(B)(2) within the Subsequent Fitch Remedy Period.
Appears in 4 contracts
Samples: Basis Rate Swap Agreement, Isda Master Agreement, Basis Rate Swap Agreement (Fixed and Tracker)
