Acceptable credit rating. For the purposes of clause 10.2, an acceptable credit rating means that the Trader or the third party (as the case may be):
(a) carries a long term credit rating of at least:
(i) Baa3 (Xxxxx'x Investor Services Inc.);
(ii) BBB- (Standard & Poor's Rating Group);
(iii) B- (AM Best); or
(iv) BBB- (Fitch Ratings); and
(b) if the Trader or the third party (as the case may be) carries a credit rating at the minimum level required by paragraph (a), is not subject to a negative watch or any similar arrangement by the agency that gave it the credit rating.
Acceptable credit rating. (a) The Service Provider will have an Acceptable Credit Rating if it has a credit rating of not less than BBB (Standard & Poor’s), Baa (Xxxxx’x Investor Services) or BBB (Fitch).
(b) If the Service Provider has a credit rating that meets or exceeds the Acceptable Credit Rating, it will provide to the LFC documentary evidence, to the LFC’s reasonable satisfaction, that the Service Provider has a credit rating that meets or exceeds the Acceptable Credit Rating, within twenty (20) Business Days following the Effective Date. The LFC may subsequently require that the Service Provider provide that documentary evidence again at any time that the LFC has reasonable grounds to believe that the Service Provider does not have an Acceptable Credit Rating.
Acceptable credit rating. For the purposes of clause 1.1, an acceptable credit rating means that the Network User or the third party (as the case may be):
(a) carries a long term credit rating of at least:
(i) BBB- (Standard & Poor’s Rating Group); or
(ii) a rating that is equivalent to the rating specified in subparagraph (i) from a rating agency that is an approved rating agency for the purposes of Part 5D of the Reserve Bank of Xxx Xxxxxxx Xxx 0000; and
(b) if the Network User or the third party (as the case may be) carries a credit rating at the minimum level required by sub-clause (a), is not subject to a negative watch or any similar arrangement by the agency that gave it the credit rating.
Acceptable credit rating. For the purposes of clause 10.2, an acceptable credit rating means that the Trader or the third party (as the case may be):
(a) carries a long term credit rating of at least:
(i) Baa3 (Xxxxx'x Investor Services Inc.); (ii)BBB- (Standard & Poor's Rating Group);
Acceptable credit rating. For the purposes of Schedule 6.6.2, an acceptable credit rating means that the Retailer or the third party (as the case may be):
Acceptable credit rating a Credit Rating equal to or better than the following: (i) *** by Xxxxx’x Investors Service, Inc., (ii) *** by Standard & Poor’s Rating Services, a division of XxXxxx-Xxxx Companies, (iii) *** by Fitch Ratings, Inc., or (iv) a comparable Credit Rating by any other “nationally recognized statistical rating organization” registered with the U.S. Securities and Exchange Commission, including any successor to Xxxxx’x Investors Service, Inc., Standard & Poor’s Rating Services, or Fitch Ratings, Inc.
Acceptable credit rating. (a) The Service Provider will have an Acceptable Credit Rating if it has a credit rating of not less than BBB (Standard & Poor’s), Baa (Xxxxx’x Investor Services) or BBB (Fitch).
(b) If the Service Provider has a credit rating that meets or exceeds the Acceptable Credit Rating, it will provide to the LFC documentary evidence, to the LFC’s reasonable satisfaction, that the Service Provider has a credit rating that meets or exceeds the Acceptable Credit Rating, within twenty (20) Business Days following the Effective Date. The LFC may require the Service Provider to provide the LFC with such updated documentary evidence again at any time the LFC has reasonable grounds to believe that the Service Provider does not have an Acceptable Credit Rating (and the Service Provider will deliver such documentary evidence to the LFC no later than ten (10) Business Days after the LFC has made a request under this clause 8.1(b)).
Acceptable credit rating. (a) The Access Seeker will have an Acceptable Credit Rating if it has a credit rating of not less than BBB (Standard & Poor’s), Baa (Xxxxx’x Investor Services) or BBB (Fitch) (Acceptable Credit Rating).
(b) If the Access Seeker has a credit rating that meets or exceeds the Acceptable Credit Rating, it will provide to the LFC documentary evidence, to the LFC’s reasonable satisfaction, that the Access Seeker has a credit rating that meets or exceeds the Acceptable Credit Rating, within 20 Business Days following the Effective Date. The LFC may subsequently require that the Access Seeker provide that documentary evidence again at any time that the LFC has reasonable grounds to believe that the Access Seeker does not have an Acceptable Credit Rating.
Acceptable credit rating. For the purposes of clause (a), an acceptable credit rating means that:
(i) the Retailer must carry a long-term credit rating of at least BBB- (Standard & Poor’s Ratings Group), or an equivalent rating from any other rating agency which is an approved rating agency for the purposes of Part 5D of the Reserve Bank of New Zealand Act 1989; and
(ii) if the Retailer has the minimum acceptable credit rating, this rating is not subject to negative credit watch or any similar arrangement by the agency that gave it that credit rating.
Acceptable credit rating two (2) Credit Ratings that are each equal to or better than the following: (i) Baa3 by Xxxxx’x Investors Service, Inc., (ii) BBB- by Standard & Poor’s Rating Services, a division of XxXxxx-Xxxx Companies, (iii) BBB- by Fitch Ratings, Inc., or (iv) any comparable Credit Ratings by any other nationally recognized statistical rating organizations registered with the U.S. Securities and Exchange Commission, including any successors to Xxxxx’x Investors Service, Inc., Standard & Poor’s Rating Services, or Fitch Ratings, Inc.;
