Rating Events S&P Sample Clauses

Rating Events S&P. (i) This Agreement sets out four options for establishing certain of the definitions set out in Part 5(f)(i)(2) below and in the Credit Support Annex hereto of Initial S&P Rating Event, Subsequent S&P Rating Event and Credit Support Amount (in each case, being “S&P Strong”, “S&P Adequate”, “S&P Moderate” and “S&P Weak” respectively and each a "S&P Framework"). On the date of this Agreement, the provisions relating to S&P Adequate shall apply to this Agreement. After the date of this Agreement, the S&P Framework may be amended in accordance with Part 5(f)(i)(1) (Replacement Framework) below.
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Related to Rating Events S&P

  • Train Operator Events of Default The following are Train Operator Events of Default:

  • Termination Events This Agreement may, by notice given prior to or at the Closing, be terminated:

  • Default Events (a) Any material breach of the Funding Agreement by the Recipient, including those set out below, will be an event of default (“Default Event”):

  • CHANGE IN CONDITIONS Any changes to the condition of the site or work from the time of the proposal to the time when Company starts the work shall be the responsibility of the Customer. Customer shall immediately notify Company by email of any changes not previously disclosed regarding the setup or site conditions. In the event of an increase in the work, the contract price shall be increased by a fair and reasonable valuation based upon the original contract rates. In either an increase or decrease in work, Customer shall provide an extra work notification to Company. Signing a time sheet is an automatic or extra work notification & serves as authorization of overtime pay.

  • Default Events and Termination 18.1 Each of the following circumstances shall constitute a General Default:

  • Events Beyond Our Control If an Event Beyond Our Control occurs and prevents Us from performing any of Our obligations under this Contract to any extent, then We are not required to perform that obligation to the extent and for as long as We are prevented by that Event Beyond Our Control. If such an Event Beyond Our Control occurs and We consider it appropriate to do so, We may notify You of the Event Beyond Our Control by any reasonable means, including by a public announcement.

  • Qualifying Events In order to be eligible for COBRA continuation, you need to have experienced a Qualifying Event. A Qualifying Event is one of the events listed below which would result in loss of coverage if not for the COBRA continuation:

  • Rating Impact on Student Learning Growth ESE will provide model contract language and guidance on rating educator impact on student learning growth based on state and district-determined measures of student learning. Upon receiving this model contract language and guidance, the parties agree to bargain with respect to this matter.

  • Downgrade Event If Downgrade Event is indicated as Applicable on the Cover Sheet, if at any time there occurs a Downgrade Event in respect of a Party, then the other Party may require Performance Assurance in an amount determined by that Party in a commercially reasonable manner. Failure to provide such Performance Assurance to the requesting Party within three Business Days of request is an Event of Default.

  • Events of Default Defined The following shall each constitute an "Event of Default" hereunder:

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