ng or ratings will be adjusted down one subcategory. (if on watch for downgrade) or up one subcategory (if on watch for upgrade). -Moody's Rating": The Moody's Default Probability Rating; provided that, with respect to the Collateral Obligations generally, if at any time Moody's or any successor to it ceases to provide rating service

e adjusted down one subcategory• (if on review for possible downgrade) or up one subcategory (if on review for possible upgrade). "Moody's Rating': The Moody's Default Probability Rating: provided. that, with respect to the Collateral Obligations generally. if at any time Moody's or any successor to it ceases to provide rating servic