(a) A counterparty is currently past due on any of its material exposures.

(b) A counterparty is not currently past due, but it is probable that the counterparty will be past due on any of its material exposures in the foreseeable future without the concession, for instance, when there has been a pattern of delinquency in payments on its material exposures.

(c) A counterparty’s outstanding securities have been delisted, are in the process of being delisted, or are under threat of being delisted from an exchange due to noncompliance with the listing requirements or for financial reasons.

(d) On the basis of actual performance, estimates and projections that encompass the counterparty’s current capabilities, the licensee forecasts that all the counterparty’s committed/available cash flows will be insufficient to service all of its financings or Sukuk in accordance with the contractual terms of the existing agreement for the foreseeable future.

(e) A counterparty’s existing exposures are categorised as exposures that have already evidenced difficulty in the counterparty’s ability to repay in accordance with the supervisory categorisation scheme in force or the credit categorisation scheme within the licensee’s internal credit rating system.

(f) A counterparty is in non-performing status or would be categorised as nonperforming without the concessions.

(g) The counterparty cannot obtain funds from sources other than the existing banks at an effective profit rate equal to the current market rates for similar financings or Sukuk for a non-troubled counterparty.