Annual Rating Sample Clauses

Annual Rating. The Borrower shall, commencing in 2022, no earlier than June 1 and no later than the last Business Day of June of each year during the term of the TIFIA Loan, provide to the TIFIA Lender, at no cost to the TIFIA Lender, a public rating letter by a Nationally Recognized Statistical Rating Organization on the TIFIA Bond and the existing ratings on any other outstanding Bonds; provided, however, that (i) the delivery of such rating letter shall not be required hereunder if the Borrower, in connection with the issuance of any Future Bonds in accordance with Section 16(b) (Issuance of Future Bonds), has previously provided to the TIFIA Lender a public rating letter issued by a Nationally Recognized Statistical Rating Organization covering the TIFIA Bond and any other Bonds then outstanding that is dated no earlier than the preceding December 1 and (ii) a rating report is not required to be included along with such annual rating letter as long as the Borrower provides to the TIFIA Lender, at no cost to the XXXXX Xxxxxx,‌ a rating report with a rating letter on the TIFIA Bond and any other outstanding Bonds (A) upon the issuance of any Future Bonds, (B) at any time the rating on the TIFIA Bond or any other outstanding Bonds is changed, and (C) at least once every five (5) years.
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Annual Rating. The Borrower shall, [commencing in 20[__]], no later than the last Business Day of June of each year during the term of the TIFIA Bond, at no cost to the TIFIA Lender, provide to the TIFIA Lender a public rating on the Senior Obligations and on the TIFIA Bond by a Nationally Recognized Rating Agency, together with the rating report or letter delivered by such Nationally Recognized Rating Agency in connection with each such rating, in each case prepared no earlier than June 1 of such year.
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Annual Rating. The Borrower shall, commencing 2in021, no later than the last Business Day of June of each year during the term of the LToIFaInA, at no cost to the TIFIA Lender, provide to the TIFIA Lender a public rating on the TIFLIAoan by a Nationally Recognized Rating Agency, together with the rating report or letter delivered by such Nationally Recognized Rating Agency in connection weitahchsuch rating, in each case preparedeanrolier than June 1 of such year. 8 Note to Borrower: If the law ishcanged or another change impacts the availability of LTF and/or STA funthdes to Borrower, the TIFIA Lender will want to know how the Borrower intends to address such change, including any alternative funding sources that will be utilized.
Sample 1Sample 2
Annual Rating. ‌ The Issuer will maintain a rating of the Notes from any one of S&P, Xxxxx’x or DBRS, provided that, no specific credit rating in respect of the Notes shall be required to be obtained or maintained by the Issuer.
Sample 1
Annual Rating. Employees shall receive an annual performance rating for the performance appraisal period. Performance ratings are issued in writing to the employees within 30 days following the end of the rating period.
Sample 1
Annual Rating. The Borrower shall, commencing in 2012, no later than the last Business Day of December of each year over the term of the TIFIA Loan, at no cost to the TIFIA Lender, provide to the TIFIA Lender a rating on any Senior Obligations and the TIFIA Loan by a Nationally Recognized Rating Agency.
Sample 1
Annual Rating. The Borrower shall, commencing in 2021, no later than the last Business Day of June of each year during the term of the TIFIA Loan, at no cost to the TIFIA Lender, provide to the TIFIA Lender a public rating on the TIFIA Loan by a Nationally Recognized Rating Agency, together with the rating report or letter delivered by such Nationally Recognized Rating Agency in connection with each such rating, in each case prepared no earlier than June 1 of such year. 8 Note to Borrower: If the law is changed or another change impacts the availability of LTF and/or STA funds to the Borrower, the TIFIA Lender will want to know how the Borrower intends to address such change, including any alternative funding sources that will be utilized.
Sample 1
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Annual Rating. The Concessionaire shall, commencing in 2008, no later than the last Business Day of December of each year over the term of the TIFIA Loan, at no cost to the TIFIA Lender, provide to the TIFIA Lender a private rating on the Senior Loan by a Nationally Recognized Rating Agency.
Sample 1

Related to Annual Rating

  • Evaluation Rating The final summative evaluation level that is assigned to a teacher based on the holistic review of all Evaluation Factors, observed during the Evaluation Cycle. The rating shall be “accomplished”, “skilled”, “developing”, or “ineffective”. The final rating shall not be weighted in such a way that one (1) domain or component of the evaluation system has a higher importance than another, except that any area marked N/A shall not negatively impact the evaluation rating.

  • Performance Rating Describes the Educator’s performance on each performance standard and overall. There shall be four performance ratings: Exemplary: the Educator’s performance consistently and significantly exceeds the requirements of a standard or overall. The rating of exemplary on a standard indicates that practice significantly exceeds proficient. Proficient: the Educator’s performance fully and consistently meets the requirements of a standard or overall. Proficient practice is understood to be fully satisfactory.

  • Rating The Notes can be issued without the requirement that they have any rating from a nationally recognized statistical rating organization.

  • Industry Ratings The City will only accept coverage from an insurance carrier who offers proof that it:

  • Ratings No “nationally recognized statistical rating organization” as such term is defined for purposes of Rule 436(g)(2) (i) has imposed (or has informed the Company that it is considering imposing) any condition (financial or otherwise) on the Company’s retaining any rating assigned to the Company or any securities of the Company or (ii) has indicated to the Company that it is considering any of the actions described in Section 7(c)(ii) hereof.

  • Credit Rating With respect to the Competitive Supplier or Competitive Supplier’s Guarantor, its senior unsecured, unsubordinated long-term debt rating, not supported by third party credit enhancement, and if such debt is no longer rated, then the corporate or long-term issuer rating of Competitive Supplier or Competitive Supplier’s Guarantor.

  • PRIORITY RATING If so identified, this Contract is a "rated order" certified for national defense, emergency preparedness, and energy program use, and SELLER shall follow all the requirements of the Defense Priorities and Allocation System Regulation (15 C.F.R. Part 700).

  • BBB SCDHEC shall mean the South Carolina Department of Health and Environmental Control and its authorized representatives. CCC. Statement of Basis shall mean the report(s) describing the corrective measure(s)/remedial action(s) being con ducted pursuant to South Carolina Hazardous Waste Management Regulations, as amended.

  • Insurance Company Rating The required insurance must be written by a company approved to do business in the State or Texas with a financial standing of at least an A- rating, as reflected in Best’s insurance ratings or by a similar rating system recognized within the insurance industry at the time the policy is issued.

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