Common use of Subsequent DBRS Rating Event Clause in Contracts

Subsequent DBRS Rating Event. If Party A does not comply with the provisions of Part 5(e)(ii)(2), such failure shall not be or give rise to an Event of Default but shall constitute an Additional Termination Event with respect to Party A which shall be deemed to have occurred on the day falling 31 Local Business Days following the day on which the Subsequent DBRS Rating Event occurred, with Party A as the sole Affected Party and all Transactions as Affected Transactions.

Subsequent DBRS Rating Event. If Party A does not comply with the provisions of Part 5(e)(ii)(25(d)(I)(2), such failure shall not be or give rise to an Event of Default but shall constitute an Additional Termination Event with respect to Party A which shall be deemed to have occurred on the day falling 31 Local Business Days following the day on which the Subsequent DBRS Rating Event occurred, with Party A as the sole Affected Party and all Transactions as Affected Transactions.