PRIMACY OF CREDIT RATINGS. Without prejudice to the Supplier’s obligations and the Authority’s rights and remedies under paragraph 13, if, following the occurrence of a Financial Distress Event pursuant to Paragraphs 13.1.1 to 13.1.6, the Rating Agencies review and report subsequently that the credit ratings do not drop below the relevant Credit Rating Threshold, then: the Supplier shall be relieved automatically of its obligations under paragraphs 13.3 to 13.6; and the Authority shall not be entitled to require the Supplier to provide financial information in accordance with paragraph 13.3.2(b). ANNEX 1: RATING AGENCIES [Rating Agency 1] [Rating Agency 2] ANNEX 2: CREDIT RATINGS & CREDIT RATING THRESHOLDS Entity Credit rating (long term) Credit Rating Threshold Supplier [Panel Guarantor/ [and Call Off Guarantor] PANEL AGREEMENT SCHEDULE 17: COMMERCIALLY SENSITIVE INFORMATION INTRODUCTION In this Panel Agreement Schedule 17 (Commercially Sensitive Information) the Parties have sought to identify the Supplier’s Confidential Information that is genuinely commercially sensitive and the disclosure of which would be the subject of an exemption under the FOIA. Where possible, the Parties have sought to identify when any relevant Information will cease to fall into the category of Information to which this Panel Agreement Schedule 17 applies. Without prejudice to the Authority's obligation to disclose Information in accordance with FOIA or Clause 27.4 (Freedom of Information), the Authority will, in its sole discretion, acting reasonably, seek to apply the relevant exemption set out in the FOIA to the following Information: No. Date Item(s) Duration of Confidentiality [REDACTED] [REDACTED] [REDACTED] [REDACTED] PANEL AGREEMENT SCHEDULE 18: DISPUTE RESOLUTION PROCEDURE DEFINITIONS In this Panel Agreement Schedule 18, the following definitions shall apply:
PRIMACY OF CREDIT RATINGS. 25.1Without prejudice to the Supplier’s obligations and the Authority’s rights and remedies under Paragraph 23 above, if, following the occurrence of a Financial Distress Event pursuant to Paragraphs 23.1.2 to 23.1.6 (inclusive) above, the Rating Agencies review and report subsequently that the credit ratings do not drop below the relevant Credit Rating Threshold, then:
PRIMACY OF CREDIT RATINGS. Without prejudice to the Supplier’s obligations and the Authority’s rights and remedies under paragraph 116, if, following the occurrence of a Financial Distress Event pursuant to Paragraphs 116.1.1 to 116.1.6, the Rating Agencies review and report subsequently that the credit ratings do not drop below the relevant Credit Rating Threshold, then: the Supplier shall be relieved automatically of its obligations under paragraphs 116.3 to 116.6; and the Authority shall not be entitled to require the Supplier to provide financial information in accordance with paragraph 116.3.2(b). ANNEX 1: RATING AGENCIES [Rating Agency 1] [Rating Agency 2] ANNEX 2: CREDIT RATINGS & CREDIT RATING THRESHOLDS Entity Credit rating (long term) Credit Rating Threshold Supplier FRAMEWORK SCHEDULE 17: COMMERCIALLY SENSITIVE INFORMATION INTRODUCTION In this Framework Schedule 17 (Commercially Sensitive Information) the Parties have sought to identify the Supplier's Confidential Information that is genuinely commercially sensitive and the disclosure of which would be the subject of an exemption under the FOIA. Where possible, the Parties have sought to identify when any relevant Information will cease to fall into the category of Information to which this Framework Schedule 17 applies. Without prejudice to the Authority's obligation to disclose Information in accordance with FOIA or Clause 27.4 (Freedom of Information), the Authority will, in its sole discretion, acting reasonably, seek to apply the relevant exemption set out in the FOIA to the following Information:
PRIMACY OF CREDIT RATINGS. 7.1 Without prejudice to the Contractor’s obligations and the Framework Authority’s rights and remedies under Paragraphs 3 to 5 above, if, following the occurrence of a Financial Distress Event pursuant to Paragraphs 3.1.2 to 3.1.4 (inclusive), 4.1.2, 4.1.3, 5.1.2 or 5.1.3 above (or a Material Sub-Contractor Financial Distress Event pursuant to Paragraphs 9.1.2 to 9.1.5 (inclusive) below), the Rating Agencies review and report subsequently that the credit ratings do not drop below the relevant Credit Rating Threshold, then as applicable:
PRIMACY OF CREDIT RATINGS. Without prejudice to the Supplier’s obligations and the Authority’s rights and remedies under paragraph 3., if, following the occurrence of a Financial Distress Event pursuant to Paragraphs 3.1.1. to 3.1.6., the Rating Agencies review and report subsequently that the credit ratings do not drop below the relevant Credit Rating Threshold, then: the Supplier shall be relieved automatically of its obligations under paragraphs 3.3. to 3.6.; and the Authority shall not be entitled to require the Supplier to provide financial information in accordance with paragraph (g). ANNEX 1: RATING AGENCIES [Rating Agency 1] [Rating Agency 2] ANNEX 2: CREDIT RATINGS & CREDIT RATING THRESHOLDS Entity Credit rating (long term) Credit Rating Threshold Supplier [Dynamic Marketplace Guarantor/ [and Contract Guarantor] DMP SCHEDULE 17: COMMERCIALLY SENSITIVE INFORMATION – NOT USED DMP SCHEDULE 18: DISPUTE RESOLUTION PROCEDURE DEFINITIONS In this DMP Schedule 18, the following definitions shall apply:
PRIMACY OF CREDIT RATINGS. 6.1 Without prejudice to the Supplier’s obligations and the Authority’s rights and remedies under paragraphs 4 and 5 above, if, following the occurrence of a Financial Distress Event pursuant to paragraphs 4.1.2 to 4.1.6 (inclusive) above, the Rating Agency review and report subsequently that the credit ratings do not drop below the relevant Credit Rating Threshold, then the Supplier shall be relieved automatically of its obligations under paragraphs 4.3 to 4.8 (inclusive) above. ANNEX 1: RATING AGENCY AND LONG TERM CREDIT RATINGS Capita Travel and Events: Rating Agency - Experian (Credit Rating) 88 FRAMEWORK GUARANTOR Rating agency 1 Long term credit rating at the Framework Commencement Date
PRIMACY OF CREDIT RATINGS. Without prejudice to the Supplier’s obligations and the Authority’s rights and remedies under Paragraph 2, if, following the occurrence of a Financial Distress Event pursuant to any of Paragraphs 3.1(b) to 3.1(g), the Rating Agencies review and report subsequently that the credit ratings for the FDE Group entities do not drop below the relevant Credit Rating Thresholds specified for those entities in Annex 2 of this Schedule, then: the Supplier shall be relieved automatically of its obligations under Paragraphs 4.3 to 4.6; and the Authority shall not be entitled to require the Supplier to provide financial information in accordance with Paragraph 4.3(b)(ii).
PRIMACY OF CREDIT RATINGS. Without prejudice to the Supplier’s obligations and the Authority’s rights and remedies under paragraph 117, if, following the occurrence of a Financial Distress Event pursuant to Paragraphs 117.1.1
PRIMACY OF CREDIT RATINGS. 5.1. Without prejudice to the Consultant’s obligations and the Client’s rights and remedies under paragraph 3, if, following the occurrence of a Financial Distress Event pursuant to paragraph 2 to the Rating Agencies review and report subsequently that the credit ratings do not drop below the relevant Credit Rating Threshold, then: the Consultant is relieved automatically of its obligations under paragraph 3 and the Client is not entitled to require the Consultant to provide financial information in accordance with paragraph 2.3. ANNEX 1: CREDIT RATINGS & CREDIT RATING THRESHOLDS Consultant Credit current rating (long term) [ ] Credit Rating Threshold [ ] SCHEDULE [Guidance: insert schedule ref here] GDPR The following definitions shall apply to this Schedule [Guidance: insert schedule ref here] Agreement : this contract;
PRIMACY OF CREDIT RATINGS. Without prejudice to the Supplier's obligations and the Authority's rights and remedies under paragraph 2, if, following the occurrence of a Financial Distress Event pursuant to any of paragraphs 3.1.2 to 3.1.6, the Rating Agencies review and report subsequently that the credit ratings do not drop below the relevant Credit Rating Threshold, then: the Supplier shall be relieved automatically of its obligations under paragraphs 3.3 to 3.6; and
