Additional Termination Events — Ratings Downgrade

Description

This AI field captures additional termination events resulting from a party’s failure to maintain its credit rating with S&P, Moody’s and/or Fitch at or above a certain specified threshold (typically investment grade) in International Swaps and Derivatives Association agreements.


Jurisdiction

  • United Kingdom (England)
  • United States (New York)

Document Types

  • 100% Structured Finance Agt

Tags

  • ISDA

Language

  • 100% English