Common use of Subsequent to the Clause in Contracts

Subsequent to the. Execution Time, there shall not have been any decrease in the rating of any of Berkshire's or Salomon's debt securities by any "nationally recognized statistical rating organization" (as defined for purposes of Rule 436(g) under the Act).

Appears in 2 contracts

Sources: Underwriting Agreement (Salomon Inc), Underwriting Agreement (Berkshire Hathaway Inc /De/)