Common use of Capital Requirement Clause in Contracts

Capital Requirement. Party A shall fail to maintain capital in the amount consistent with its financial program as represented to the Relevant Rating Agencies. For the purposes of the foregoing Additional Termination Event, Party A shall be the Affected Party.

Appears in 4 contracts

Sources: Series Supplement (Lehman Abs Corp Repac Ge Glob Ins FLT Rt Tr Cert Ser 2002-1), Trust Certificates (Lehman Abs Corp Repack Amer Gen Float Rt Tr Certs Ser 2003-1), Series Supplement (Lehman Abs Corp Repack Amer Gen Float Rt Tr Certs Ser 2003-1)