Downgraded Party definition

Downgraded Party is amended by changing “(i)” to “(ii).”
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Downgraded Party shall have the meaning attributed to it in Section VII(b).
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Downgraded Party is amended by replacing “6(a)(i) with “6(a)(ii).”
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Examples of Downgraded Party in a sentence

  • The Qualified Institution shall serve as Custodian with respect to the Posted Collateral in the Collateral Account, and shall hold such Posted Collateral in accordance with the terms of this Annex and for the security interest of the Downgraded Party and, subject to such security interest, for the ownership of the non-Downgraded Party.

  • The Qualified Institution shall serve as Custodian with respect to the Posted Collateral in the Collateral Account, and shall hold such Posted Collateral in accordance with the terms of the Credit Support Annex and for the security interest of the Downgraded Party and, subject to such security interest, for the ownership of the Pledgor.

  • The Qualified Institution shall serve as Custodian with respect to the Posted Collateral in the Collateral Account, and shall hold such Posted Collateral in accordance with the terms of this Credit Support Annex and for the security interest of the Downgraded Party and, subject to such security interest, for the ownership of the other PartyPledgor.

  • The Qualified Institution shall serve as Custodian with respect to the cash in the Collateral Account, and shall hold such cash in accordance with the terms of this Annex and for the security interest of the Downgraded Party and, subject to such security interest, for the ownership of the non-Downgraded Party.

  • The Qualified Institution shall serve as Custodian with respect to the Cash in the Collateral Account, and shall hold such Cash in accordance with the terms of this Annex and for the security interest of the Downgraded Party and, subject to such security interest, for the ownership of the non-Downgraded Party.

  • The Qualified Institution shall serve as Custodian with respect to the EligiblePosted Collateral in the Collateral Account, and shall hold such EligiblePosted Collateral in accordance with the terms of this Annex and for the security interest of the Downgraded Party and, subject to such security interest, for the ownership of Party B.

  • The Qualified Institution shall serve as Custodian with respect to the Performance Assurance in the Collateral Account, and shall hold such Performance Assurance in accordance with the terms of this Annex and for the security interest of the Downgraded Party and, subject to such security interest, for the ownership of the non-Downgraded Party.

  • The newly designated Qualified Institution shall serve as Custodian with respect to the Posted Collateral in the Collateral Account, and shall hold such Posted Collateral in accordance with the terms of this Annex and for the security interest of the Downgraded Party and, subject to such security interest, for the ownership of the non-Downgraded Party.

  • The Downgraded Party shall have no responsibility for any losses resulting from any investment or reinvestment effected in accordance with the Pledging Party's instructions.

  • If the Exposed Party fails to satisfy any conditions for holding Cash as set forth above, then the Exposed Party will Transfer or cause the Custodian to Transfer the Cash to a Qualified Institution (as defined herein) and the Cash shall be maintained in accordance with Sections VII(b) and (c), with the party not eligible to hold Cash being considered the "Downgraded Party" (as defined in Section VII(b)).


More Definitions of Downgraded Party

Downgraded Party. (as defined in Section 13(g)(ii)) and Posted Collateral shall be maintained in accordance with Sections 13(g)(ii) and 13(h)(iii).
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