Common use of Additional Termination Provisions Clause in Contracts

Additional Termination Provisions. If (1) the long-term counterparty risk assessment of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as “A2(cr)” (the “Minimum Xxxxx’x Rating”, by Xxxxx’x Investors Service Inc. (“Moody’s”), (2) (i) the short-term issuer default rating (the “Fitch ST Rating”) or (ii) the derivative counterparty rating, if one is assigned, and if not, the long-term issuer default rating (as applicable, the “Xxxxx XX Rating”), in each case, of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as, respectively, “F1” or “A” (the “Minimum Fitch Rating”, provided that, for greater certainty, only one of such ratings from Fitch is required to have the Minimum Fitch Rating) by Fitch Ratings, Inc. (“Fitch”), or (3) the short-term, unsecured, unsubordinated and unguaranteed debt obligations or the long-term, unsecured, unsubordinated and unguaranteed debt obligations of Party A or any Credit Support Provider from time to time in respect of Party A, as applicable, cease to be rated at least as high as, respectively, “R-1(low)” or “A” (the “Minimum DBRS Rating”, provided that, for greater certainty, only one of such ratings from DBRS is required to have the Minimum DBRS Rating and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”) by DBRS Limited (“DBRS” and, together with Moody’s and Fitch and each of their respective successors, the “Rating Agencies” and each a “Rating Agency”), (each such cessation being an “Initial Rating Event”), then Party A will, at its own cost, either:

Additional Termination Provisions. (i) If (1) the short-term counterparty risk assessment or the long-term counterparty risk assessment assessment, in each case, of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as as, respectively, “P-1(cr)” or “A2(cr)” (the “Minimum Xxxxx’x Rating”, by Xxxxx’x Investors Service Inc. (“Moody’s”) (the “Minimum Xxxxx’x Rating”), (2) (i) the short-short- term issuer default rating (the “Fitch ST Rating”) or (ii) the derivative counterparty rating, if one is assigned, and if not, the long-term issuer default rating (as applicable, the “Xxxxx XX Rating”), in each case, of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as, respectively, “F1” or “A” (the “Minimum Fitch RatingA-”, provided that, for greater certainty, only one of such ratings from Fitch is required to have the Minimum Fitch Rating) by Fitch Ratings, Inc. (“Fitch”) (the “Minimum Fitch Rating”), or (3) the short-term, unsecured, unsubordinated and unguaranteed debt obligations or the long-term, unsecured, unsubordinated and unguaranteed debt obligations obligations, in each case, of Party A or any Credit Support Provider from time to time in respect of Party A, as applicable, cease to be rated at least as high as, respectively, “R-1(lowR- 1(low)” or “A” (the “Minimum DBRS Rating”, provided that, for greater certainty, only one of such ratings from DBRS is required to have the Minimum DBRS Rating and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”) by DBRS Limited (“DBRS” and, together with Moody’s and Fitch and each of their respective successors, the “Rating Agencies” and each a “Rating Agency”)) (the “Minimum DBRS Rating”, (and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”, and each such cessation being an “Initial Rating Event”, provided that, for greater certainty, in respect of each of (1), (2) and (3), if Party A or any Credit Support Provider of Party A, as applicable, has one of such ratings from Moody’s, Fitch or DBRS, respectively, it will have the applicable “\Minimum Ratings” and an Initial Rating Event will not occur with respect to Party A), then Party A will, at its own cost, either:

Additional Termination Provisions. (i) If (1) the short-term counterparty risk assessment or the long-term counterparty risk assessment of Party A or any Credit Support Provider from time to time in respect of Party A, as applicable, ceases to be at least as high as as, respectively, “Prime-1(cr)” or “A2(cr)” (the “Minimum Xxxxx’x Rating”, provided that, for greater certainty, only one of such assessments from Xxxxx’x is required to have the Minimum Xxxxx’x Rating) by Xxxxx’x Investors Service Inc. (“Moody’s”), or (2) (i) the short-term issuer default rating (the “Fitch ST Rating”) or (ii) the derivative counterparty rating, if one is assigned, and if not, the long-term issuer default rating (as applicable, the “Xxxxx XX Rating”), in each case, of Party A or any Credit Support Provider from time to time in respect of Party A, as applicable, ceases to be at least as high as, respectively, “F1” or “A” (the “Minimum Fitch Rating”, provided that, for greater certainty, only one of such ratings from Fitch is required to have the Minimum Fitch Rating, and together with the Minimum Xxxxx’x Rating, the “Minimum Ratings” and each, a “Minimum Rating”) by Fitch Ratings, Inc. (“Fitch”), or (3) the short-term, unsecured, unsubordinated and unguaranteed debt obligations or the long-term, unsecured, unsubordinated and unguaranteed debt obligations of Party A or any Credit Support Provider from time to time in respect of Party A, as applicable, cease to be rated at least as high as, respectively, “R-1(low)” or “A” (the “Minimum DBRS Rating”, provided that, for greater certainty, only one of such ratings from DBRS is required to have the Minimum DBRS Rating and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”) by DBRS Limited (“DBRS” and, together with Moody’s and Fitch and each of their respective successors, the “Rating Agencies” and each a “Rating Agency”), (each such cessation being an “Initial Rating Event”), then Party A will, at its own cost, either:

Additional Termination Provisions. If (1) the short-term counterparty risk assessment or the long-term counterparty risk assessment assessment, in each case, of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as as, respectively, “P-1(cr)” or “A2(cr)” (the “Minimum Xxxxx’x Rating”, by Xxxxx’x Investors Service Inc. (“Moody’s”) (the “Minimum Xxxxx’x Rating”), (2) (i) the short-short- term issuer default rating (the “Fitch ST Rating”) or (ii) the derivative counterparty rating, if one is assigned, and if not, the long-term issuer default rating (as applicable, the “Xxxxx XX Rating”), in each case, of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as, respectively, “F1” or “A” (the “Minimum Fitch RatingA-”, provided that, for greater certainty, only one of such ratings from Fitch is required to have the Minimum Fitch Rating) by Fitch Ratings, Inc. (“Fitch”) (the “Minimum Fitch Rating”), or (3) the short-term, unsecured, unsubordinated and unguaranteed debt obligations or the long-term, unsecured, unsubordinated and unguaranteed debt obligations obligations, in each case, of Party A or any Credit Support Provider from time to time in respect of Party A, as applicable, cease to be rated at least as high as, respectively, “R-1(low)” or “A” (the “Minimum DBRS Rating”, provided that, for greater certainty, only one of such ratings from DBRS is required to have the Minimum DBRS Rating and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”) by DBRS Limited (“DBRS” and, together with Moody’s and Fitch and each of their respective successors, the “Rating Agencies” and each a “Rating Agency”)) (the “Minimum DBRS Rating”, (and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”, and each such cessation being an “Initial Rating Event”, provided that, for greater certainty, in respect of each of (1), (2) and (3), if Party A or any Credit Support Provider of Party A, as applicable, has one of such ratings from Moody’s, Fitch or DBRS, respectively, it will have the applicable “\Minimum Ratings” and an Initial Rating Event will not occur with respect to Party A), then Party A will, at its own cost, either:

Additional Termination Provisions. (i) If (1) the long-term counterparty risk assessment of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as “A2(cr)” (the “Minimum Xxxxx’x Rating”, by Xxxxx’x Investors Service Inc. (“Moody’s”), (2) (i) the short-term issuer default rating (the “Fitch ST Rating”) or (ii) the derivative counterparty rating, if one is assigned, and if not, the long-term issuer default rating (as applicable, the “Xxxxx XX Rating”), in each case, of Party A or any Credit Support Provider from time to time in respect of Party APartyA, as applicable, ceases to be at least as high as, respectively, “F1” or “AA-” (the “Minimum Fitch Rating”, provided that, for greater certainty, only one of such ratings from Fitch is required to have the Minimum Fitch Rating) by Fitch Ratings, Inc. (“Fitch”), or (3) 2)the rating of the short-term, unsecured, unsubordinated and unguaranteed debt obligations or the long-term, unsecured, unsubordinated and unguaranteed debt obligations of Party A or any Credit Support Provider from time to time in respect of Party A, as applicable, A cease to be rated at least as high as, respectively, “R-1(lowR-1 (low)” or “A” (the “Minimum DBRS Rating”, and together with the Minimum Fitch Rating, the “Minimum Ratings” and each, a “Minimum Rating”, provided that, for greater certainty, only one of such ratings from each of Fitch and DBRS is required to have the Minimum DBRS Rating and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “applicable Minimum Rating”,) by DBRS Limited (“DBRS” and, together with Moody’s and Fitch and each of their respective successors, the “Rating Agencies” and each a “Rating Agency”), (each such cessation being an “Initial Rating Event”), then Party A will, at its own cost, either:

Additional Termination Provisions. (i) If (1) the short-term counterparty risk assessment or the long-term counterparty risk assessment assessment, in each case, of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as as, respectively, “P-1(cr)” or “A2(cr)” (the “Minimum Xxxxx’x Rating”, by Xxxxx’x Investors Service Inc. (“Moody’s”) (the “Minimum Xxxxx’x Rating”), (2) (i) the short-short- term issuer default rating (the “Fitch ST Rating”) or (ii) the derivative counterparty rating, if one is assigned, and if not, the long-term issuer default rating (as applicable, the “Xxxxx XX Rating”), in each case, of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as, respectively, “F1” or “A” (the “Minimum Fitch RatingA-”, provided that, for greater certainty, only one of such ratings from Fitch is required to have the Minimum Fitch Rating) by Fitch Ratings, Inc. (“Fitch”) (the “Minimum Fitch Rating”), or (3) the short-term, unsecured, unsubordinated and unguaranteed debt obligations or the long-term, unsecured, unsubordinated and unguaranteed debt obligations obligations, in each case, of Party A or any Credit Support Provider from time to time in respect of Party A, as applicable, cease to be rated at least as high as, respectively, “R-1(lowR- 1(low)” or “A” (the “Minimum DBRS Rating”, provided that, for greater certainty, only one of such ratings from DBRS is required to have the Minimum DBRS Rating and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”) by DBRS Limited (“DBRS” and, together with Moody’s and Fitch and each of their respective successors, the “Rating Agencies” and each a “Rating Agency”)) (the “Minimum DBRS Rating”, (and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”, and each such cessation being an “Initial Rating Event”, provided that, for greater certainty, in respect of each of (1), (2) and (3), if Party A or any Credit Support Provider of Party A, as applicable, has one of such ratings from Xxxxx’x, Fitch or DBRS, respectively, it will have the applicable “\Minimum Ratings” and an Initial Rating Event will not occur with respect to Party A), then Party A will, at its own cost, either: