Initial S&P Note Downgrade Event definition

Initial S&P Note Downgrade Event will occur where:

Examples of Initial S&P Note Downgrade Event in a sentence

  • If Party A does not take any of the measures described in sub-paragraphs (i) or (ii) above 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 and shall be deemed to have occurred on the 30th day following the Initial S&P Note Downgrade Event or Subsequent S&P Note Downgrade Event, as applicable, with Party A as the sole Affected Party and all Transactions shall be Affected Transactions.

  • If Party A does not take any of the measures described in sub-paragraphs (k)(i) or (k)(ii) above 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 and shall be deemed to have occurred on the 30th day following the Initial S&P Note Downgrade Event or the [5th] day following the Subsequent S&P Note Downgrade Event, as applicable, with Party A as the sole Affected Party and all Transactions shall be Affected Transactions.

  • If Party A does not take any of the measures described in sub-paragraphs [(k)(i)] or [(k)(ii)] above 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 and shall be deemed to have occurred on the thirtieth day following the Initial S&P Note Downgrade Event or Subsequent S&P Note Downgrade Event, as applicable, with Party A as the sole Affected Party.

  • To protect its reputation and to reflect the strong positioning of its brand, the Group constantly upgrades its products and adheres to high quality standards in all areas of operation.

  • If Party A does not take any of the measures described in sub-paragraphs (A)(i) or (A)(ii) above 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 and shall be deemed to have occurred on the thirtieth day following the Initial S&P Note Downgrade Event or the tenth day following the Subsequent S&P Note Downgrade Event, as applicable, with Party A as the sole Affected Party.

  • The recalled employee shall have ten (10) working days from the date on the notice to deliver to the City the employee’s written notice accepting the recall to the classification specified and fifteen (15) days from the date of the notice of acceptance to report for work.