Common use of Minimum Rating Clause in Contracts

Minimum Rating. The Program Bonds have a long-term rating of not less than ‘Baa3’/ ‘BBB-’.

Minimum Rating. The Program Bonds have a long-term rating of not less than ‘Baa3’/ ‘BBB-A3’/‘A-’.

Minimum Rating. The Program Bonds have a long-term rating of not less than ‘Baa3’/ ‘BBB-’Baa3’/’BBB-’.

Minimum Rating. The Program Bonds have a long-term rating of not less than ‘Baa3’/ ‘BBB-A3’/’A-’.

Minimum Rating. The Program Bonds have a long-term rating of not less than ‘Baa3’/ ‘BBB-’A3’/’A-’.

Minimum Rating. The Program Bonds have a long-term rating of not less than ‘Baa3’/ ‘BBB-Baa3’/‘BBB-’.