Rating Service definition

Rating Service means Moody’s, if Moody’s is then rating the Bonds, S&P, if S&P is then rating the Bonds, and Fitch, if Fitch is then rating the Bonds, and their respective successors and assigns.
Rating Service means any nationally recognized securities rating service that shall have assigned a rating that is then in effect with respect to the Bonds upon application of the Issuer.
Rating Service means as of any particular date of determination each of Fitch, KBRA and S&P, or their respective successors, that then has a rating on Outstanding Bonds assigned at the request of the Corporation, or any nationally recognized statistical rating organization identified as such by the Securities and Exchange Commission that then has a rating on Outstanding Bonds assigned at the request of the Corporation.

Examples of Rating Service in a sentence

  • Using VERIBANC, Inc Rating Service a bank must have a rating of at least “Yellow”.

  • The said Bank must be a Schedule I Bank that has a long-term obligation rating of AA or better and a commercial paper and short-term debt rating of R-1 Middle or better as rated by the Dominion Bond Rating Service.


More Definitions of Rating Service

Rating Service means each of S&P and Moody’s.
Rating Service means as of any particular date of determination each of Fitch, Moody’s and S&P, or their respective successors, which then has a rating on Outstanding Bonds assigned at the request of the Corporation.
Rating Service means as of any date, each Xxxxx'x Investor Service, Inc. and Standard & Poor's Rating Group.
Rating Service means any nationally recognized rating service.
Rating Service means Moody's, if the Bonds are rated by such at the time, and Standard & Poor's, if the Bonds are rated by such at the time, and their successors and assigns, or if either shall be dissolved or no longer assigning credit ratings to long term debt, then any other nationally recognized entity assigning credit ratings to long term debt designated by the Authority and satisfactory to the Trustee.
Rating Service means Moody's, if the Bonds are rated by Moody's at the time, and/or S&P, if the Bonds are rated by S&P at the time, and their successors and assigns.
Rating Service means Xxxxx'x Investors Service, Inc. or Standard & Poor's Ratings Services, a division of Th e XxXxxx -Xxxx C ompan ies, Inc., or any of their respective successors and assigns and, if such corporations shall be dissolved or liquidated or shall no longer perform the functions of a securities rating agency, "Rating Service" shall be deemed to refer to any other nationally recognized securities rating agency designated by the Lessor.