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