Glossary entry

English term or phrase:

downgrade clause

Russian translation:

оговорка (статья, положение) о снижении рейтинга

Added to glossary by erika rubinstein
Oct 3, 2010 19:08
13 yrs ago
3 viewers *
English term

downgrade clause

English to Russian Other Insurance
It is agreed that coverage hereunder is subject to the following downgrade clause:
Notwithstanding anything contained in this policy to the contrary, the Insured or Reinsured shall have the right to give 30 days noticet o reduce or terminate any individual Insurer's participation in this policy if the rating of such Insurer is downgraded to a level below A-as issued by Standard & Poor's, such notice to be given within 30 days of downgrading
Change log

Oct 9, 2010 14:14: erika rubinstein Created KOG entry

Proposed translations

+2
1 min
Selected

оговорка (статья, положение) о деклассификации (снижении рейтинга)

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Peer comment(s):

agree Andrei Mazurin : "о снижении рейтинга".
9 hrs
thanks
agree Dmitri Lyutenko : понижение рейтинга http://www.multitran.ru/c/m.exe?t=4836714_2_1
10 hrs
thanks
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4 KudoZ points awarded for this answer. Comment: "Thanks"
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