Xxxxx’x First Rating Trigger Collateral. The following shall constitute an Additional Termination Event in which Party A is the sole Affected Party: Party A has failed to comply with or perform any obligation to be complied with or performed by Party A in accordance with the Credit Support Annex from time to time entered into between Party A and Party B in relation to this Agreement and either (x) the Xxxxx’x Second Rating Trigger Requirements do not apply or (y) less than 30 Local Business Days have elapsed since the last time the Xxxxx’x Second Rating Trigger Requirements did not apply.
Appears in 3 contracts
Samples: Isda Master Agreement (Nissan Auto Receivables Corp Ii), Master Agreement (Fifth Third Holdings Funding, LLC), Isda Master Agreement (Nissan Auto Receivables 2008-C Owner Trust)
Xxxxx’x First Rating Trigger Collateral. The following shall constitute an Additional Termination Event in which Party A is the sole Affected Party: Party A has failed to comply with or perform any obligation to be complied with or performed by Party A in accordance with the Credit Support Annex from time to time entered into between Party A and Party B in relation to this Agreement and either (x) the Xxxxx’x Second Rating Trigger Requirements do not apply or (y) less than 30 Local Business Days have elapsed since the last time the Xxxxx’x Second Rating Trigger Requirements did not apply.
Appears in 2 contracts
Samples: Isda Master Agreement (Fifth Third Holdings Funding, LLC), Isda Master Agreement (Hyundai Abs Funding Corp)
