QUALITY GUIDELINES. 1. Ratings
a. Except with respect to permitted collateral for repurchase agreements (F.
1.) and as noted below, a permissible investment must have a minimum short-term rating as provided by a Nationally Recognized Statistical Rating Organization (“NRSRO”) as follows: Any one of the following: A-1 by Standard & Poors (“S&P”), P-1 by Xxxxx’x Investor Services (“Moody’s”), F-1 by Fitch (or an equivalent rating by another NRSRO). A security without its own rating shall be considered to be rated if the issuer of the security is rated with respect to: (i) a class of short-term debt obligations, in the case of short-term ratings, or (ii) a class of long-term debt obligations, in the case of long-term ratings, or (iii) any security of the issuer within a class the same as the unrated security that is comparable in priority of payment to the unrated security to be purchased. Long-term ratings shall be used only if a security is not rated and no security of the same issuer that is comparable in priority with such security is rated. Where a long-term rating is used, the issuer must have a minimum long-term rating as follows: Any one of the following: A- by S&P, A3 by Moody’s, A- by Fitch or equivalent rating by another NRSRO.
b. Permitted collateral for repurchase agreements (see F.1.) must have a rating in the highest two categories from at least two NRSROs in the case of money market instruments and BBB/Baa or the equivalent for corporate obligations. Table of Contents
QUALITY GUIDELINES. Notwithstanding the above all Gas delivered hereunder shall conform to the then current quality specifications, standards and/or tariff requirements of any downstream pipeline for heating quality, sulphur, carbon dioxide, oxygen and nitrogen (or any other quality specifications not covered in this Agreement that are specified in such downstream pipeline's then current tariff), subject, however, to the following exceptions: Gatherer will accept gas for delivery on its System (A) with Gross Heating Value less than the specification contained in this Agreement or the specification of any applicable downstream pipeline or (B) a nitrogen content in excess of the specification contained in this Agreement or the specification of any downstream pipeline to the extent, and only to the extent, with respect to either event in clause (A) and (B) such downstream pipeline accepts such gas. In the event any downstream pipeline refuses to accept Owner's gas for failure to meet the specifications in clause (ii) above, then Gatherer may, at its option, reject such gas under this Agreement. In addition, should Owner's gas have a carbon dioxide content (as measured at any Point of Receipt) in excess of four percent (4%), Gatherer shall accept such gas to the extent, and only to the extent, (i) such gas, when commingled with other streams of gas, is in compliance with such specification, and (ii) Gatherer determines, acting in its sole
QUALITY GUIDELINES. Without limiting Section 3.3, WDC shall, and shall cause its Affiliates and sublicensees to, adhere to the trademark brand or style guidelines related to the Spinco Group Licensed Trademarks (collectively, the “Spinco Guidelines”); provided that Spinco gives WDC reasonable advance written notice of any changes to the Spinco Guidelines previously provided, and further provided that WDC shall not be in breach of this paragraph for failure to conform with such changes to prior Spinco Guidelines so long as it is actively exercising good faith, commercially reasonable efforts to bring the affected goods and services into compliance.
QUALITY GUIDELINES. 1. Ratings
a. Except with respect to permitted collateral for repurchase agreements (F.
1.) and as noted below, a permissible investment must have a minimum short-term rating as provided by a Nationally Recognized Statistical Rating Organization (“NRSRO”) as follows: Any one of the following: A-1 by Standard & Poors (“S&P”), P-1 by Xxxxx’x Investor Services (“Moody’s”), F-1 by Fitch (or an equivalent rating by another NRSRO). A security without its own rating shall be considered to be rated if the issuer of the security is rated with respect to: (i) a class of short-term debt obligations, in the case of short-term ratings, or (ii) a class of long-term debt obligations, in the case of long-term ratings, or (iii) any security of the issuer within a class the same as the unrated security that is comparable in priority of payment to the unrated security to be purchased.
QUALITY GUIDELINES. 1. Ratings
a. Except with respect to permitted collateral for repurchase agreements (F.
1.) and as noted below, a permissible investment must have a minimum short-term rating as provided by a Nationally Recognized Statistical Rating Organization (“NRSRO”) as follows: Any one of the following: A-1 by Standard & Poors (“S&P”), P-1 by Xxxxx’x Investor Services (“Moody’s”), F-1 by Fitch (or an equivalent rating by another NRSRO). A security without its own rating shall be considered to be rated if the issuer of the security is rated with respect to: (i) a class of short-term debt obligations, in the case of short-term ratings, or (ii) a class of long-term debt obligations, in the case of long-term ratings, or (iii) any security of the issuer within a class the same as the unrated security that is comparable in priority of payment to the unrated security to be purchased. Any one of the following: A- by S&P, A3 by Moody’s, A- by Fitch or equivalent rating by another NRSRO
b. Permitted collateral for repurchase agreements (see F.1.) must have a rating from at least two NRSROs in the case of money market instruments and BBB/Baa or the equivalent for corporate obligations, except equities need not be rated.
QUALITY GUIDELINES. 1. Ratings Except as otherwise provided with respect to repurchase agreement collateral in paragraph G: Specified rating categories at initial time of purchase:
QUALITY GUIDELINES. 8.4.1 All Components supplied to Biosense by Stereotaxis will meet the requirements of the Component Specifications and the Component Manufacturing Specifications and the requirements of any applicable health regulatory agency.
8.4.2 All Daughter Products supplied by Biosense will be manufactured in accordance with the FDC Act, including, without limitation, the FDA QSR requirements at Biosense's plant located at Irwindale CA or other plants established by Biosense from time to time, including plants of Biosense's suppliers, if applicable (the "Facility"). It is understood that for all purposes of this Agreement "health regulatory agency" will include, without limitation, the European Commission.
QUALITY GUIDELINES. All securities or the issuers of such securities will be rated investment grade (BBB- or equivalent) or better by at least one NRSRO at time of purchase. The weighted average quality rating of the underlying assets will be maintained at a minimum rating of AA- or equivalent.
QUALITY GUIDELINES. Except as otherwise provided with respect to repurchase agreement collateral in paragraph G: Specified rating categories at time of purchase: SHORT TERM: Either A-1 by S & P or P-1 by Xxxxx'x and one of the following and one of the following; A-1 by S&P, P-1 by Xxxxx'x, F-1 by Fitch or D-1 by Duff and Xxxxxx. DOWNGRADES The Fund may not purchase securities based on an S&P, Moody's, Fitch, or Duff rating where the rating organization has announced publicly that it is examining the rating for a possible downgrade. This limitation does not apply to securities rated A1+ by S&P. In the event that a security held in the portfolio falls below the minimum guideline as detailed in this paragraph H as a result of being downgraded by S&P, Moody's, Fitch, or Duff, Chase will notify the client and await instructions. In no event, however, will Chase be liable for any consequences of the fallen rating, including retention of the security in the absence of instructions from the client.
QUALITY GUIDELINES. Notwithstanding the above, all Gas delivered hereunder shall conform to the then current quality specifications as contained in the Spectra Energy Partners, LP - East Tennessee Natural Gas Pipeline tariff (the “East Tennessee Tariff”), other than the specifications for maximum Btu content and hydrocarbon dewpoint level, which shall not be required to be met.
