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Agreement with the client

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Full Text of the Document

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...., namely:- (a) the rights and liabilities of each party in respect of the rating of securities shall be defined; (b) the fee to be charged by the credit rating agency shall be specified; 2[(c) The client shall co-operate with the credit rating agency in order to enable the latter to carry out periodic review of the rating during the tenure of the rated instrument;] (d) the client shall 3[*....

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Full Text of the Document

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....client. 1[(g) the client shall 5[***] obtain a rating for any issue of debt securities in accordance with the relevant regulations.] 6[(h) The client shall provide explicit consent to the credit rating agency to obtain the details related to their existing and/or future borrowing of any nature, its repayment and delay or default, if any, of any nature, in servicing of the borrowing, either fro....