Safety Fitness Rating Sample Clauses

Safety Fitness Rating. Xxxxxxx agrees to maintain an FMCSA safety fitness rating of "Satisfactory" or “Unrated,” for the duration of this Agreement. Any change in Carrier's safety fitness rating requires immediate written notification to Broker. If Xxxxxxx's rating becomes “Conditional” or “Unsatisfactory,” Broker may terminate this Agreement upon written notice to Carrier.
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Safety Fitness Rating. Also known as a “Safety Rating.” A motor-coach carrier receives a safety rating when the safety investigator conducts an on-site review of the carrier's compliance with the Federal Motor Carrier Safety Regulations and the Hazardous Materials Regulations. The investigator reviews records, evaluates roadside vehicle inspection data, and accident/incident data to determine whether a motor carrier meets the Safety Fitness standard. Standard Carrier Alpha Code (SCAC). Carrier’s Standard Carrier Alpha Code (SCAC) is a unique two to four letter code used to identify transportation companies assigned by the National Motor Freight Traffic Association (NMFTA), (See Part III, 23).
Sample 1
Safety Fitness Rating. Carrier agrees to maintain an FMCSA safety fitness rating of "Satisfactory" or “Unrated,” for the duration of this Agreement. Any change in Carrier's safety fitness rating requires immediate written notification to Broker. If Carrier's rating becomes “Conditional” or “Unsatisfactory,” Broker may terminate this Agreement upon written notice to Carrier.
Sample 1

Related to Safety Fitness Rating

  • Industry Ratings The City will only accept coverage from an insurance carrier who offers proof that it: a. Is authorized to do business in the State of Kansas; b. Carries a Best's policyholder rating of A- or better; and c. Carries at least a Class VIII financial rating; or d. Is a company mutually agreed upon by the City and Consulting Engineer/Architect.

  • Cooperation with Rating Agencies If the ratings assigned to the Offered Notes by the Rating Agencies are conditional on the delivering of documents or the taking of any other actions by the Depositor, the Depositor will deliver those documents and take those actions.

  • Insurance Carrier Rating Coverages provided by Contractor must be underwritten by an insurance company deemed acceptable to the State of Washington’s Office of Risk Management. Insurance coverage shall be provided by companies authorized to do business within the State of Washington and rated A- Class VII or better in the most recently published edition of Best’s Insurance Rating. Enterprise Services reserves the right to reject all or any insurance carrier(s) with an unacceptable financial rating.

  • Moody’s Xxxxx’x Investors Service, Inc. and its successors.

  • Required Ratings The Offered Certificates shall have received Required Ratings of at least [ ] from [ ].

  • Maintenance of Ratings At all times, Borrower shall use commercially reasonable efforts to maintain (x) a corporate family rating issued by Xxxxx’x and a corporate credit rating issued by S&P and (y) public ratings issued by Xxxxx’x and S&P with respect to its senior secured debt.

  • 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).

  • 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.

  • Maintenance of Rating Since the execution of this Agreement, there shall not have been any decrease in or withdrawal of the rating of any securities of the Company or any of its subsidiaries (including the Bank) by any “nationally recognized statistical rating organization” (as defined for purposes of Section 3(a)(62) of the 0000 Xxx) or any notice given of any intended or potential decrease in or withdrawal of any such rating or of a possible change in any such rating that does not indicate the direction of the possible change.

  • Credit Ratings Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case with no requirement to maintain any specific minimum rating.

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