Underlying Rating Sample Clauses

Underlying Rating. (a) Maintain unenhanced ratings on its long-term Parity Bonds from at least two Rating Agencies. The City covenants and agrees that it shall not at any time withdraw any long-term rating on any of its Parity Obligations from any Rating Agency if the effect of such withdrawal would be to cure a Potential Default or an Event of Default under this Agreement or to reduce the Facility Fee.
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Underlying Rating. The County shall at all times maintain a rating on its long-term unenhanced Parity Debt from at least two Rating Agencies. The County covenants and agrees that it shall not at any time withdraw any long-term unenhanced rating on its Parity Debt from any of Fitch, Xxxxx’x or S&P if the effect of such withdrawal would be to cure a Default or an Event of Default under this Agreement.
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Underlying Rating. If at any time there is a long-term unenhanced rating from any Rating Agency on the Commission’s Revenues Secured Debt, the Commission covenants and agrees that such rating shall not fall below Investment Grade or be suspended, withdrawn or unavailable for non-credit-related reasons. The Commission covenants and agrees that it shall not at any time withdraw any long-term unenhanced rating on its Revenues Secured Debt from any Rating Agency if the effect of such withdrawal would be to cure a Default or an Event of Default under this Agreement.
Sample 1
Underlying Rating. The Authority shall at all times maintain a rating on its long-term unenhanced Senior Obligations of at least (a) “BBB-” (or the equivalent) from S&P and (b) “Baa3” (or the equivalent) from Xxxxx’x. The Authority covenants and agrees that it shall not at any time permit any such rating to be withdrawn or suspended.
Sample 1
Underlying Rating. The City shall at all times maintain a rating on its long-term unenhanced Parity Debt from at least two Rating Agencies. The City covenants and agrees that it shall not at any time withdraw any long-term unenhanced rating on its Parity Debt from any of Fitch, Moody’s or S&P if the effect of such withdrawal would be to cure a Default or an Event of Default under this Agreement. Further, such rating shall not be older than twenty-four
Sample 1
Underlying Rating. The City will at all times maintain a Lease Revenue Bond Rating from at least one Rating Agency. The City covenants and agrees that it will not at any time withdraw any Lease Revenue Bond Rating if the effect of such withdrawal would be to cure a Default or an Event of Default under this Agreement.
Sample 1
Underlying Rating. The District shall at all times maintain a rating on its long-term unenhanced Senior Obligations from at least two Rating Agencies. The District covenants and agrees that it shall not at any time withdraw any long-term unenhanced rating on its Senior Obligations from any of Xxxxx’x or S&P if the effect of such withdrawal would be to cure a Default or an Event of Default under this Agreement.
Sample 1
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Related to Underlying Rating

  • 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.

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

  • 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 and could serve as a model of practice on that standard district-wide.  Proficient: the Educator’s performance fully and consistently meets the requirements of a standard or overall. Proficient practice is understood to be fully satisfactory.

  • 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.

  • 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.

  • 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.

  • Downgrades Securities may not be purchased based on an S&P, Xxxxx’x, Fitch or another NRSRO’s rating where the applicable NRSRO has announced publicly that it is examining the relevant rating for a possible downgrade. The foregoing limitation shall not apply to securities rated A-1+ by S&P. In the event that a security held falls below the minimum guideline as detailed in this paragraph G as a result of being downgraded by an NRSRO, JPMorgan shall notify the Lender and await instructions as to whether the affected security should be sold. In the absence of a contrary instruction, JPMorgan shall take no action in respect of the affected security. In no event shall JPMorgan be liable for any consequences of a rating downgrade, including, but not limited to, retention of the affected security in the absence of a sale instruction from Lender. Lender acknowledges that any loss from a sale shall be for its account.

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

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