A3 or higher from Xxxxx’x; “A” or higher from Fitch; and/or the equivalent from another internationally recognised credit rating agency acceptable to the Association. If we cease to satisfy such requirement, then we shall as soon as practicable notify the Operator and the Association in writing of the same;
A3 by Moody’s, (c) “A-” by Fitch or (d) “A:X” by A.M. Best Company and (y) any one of the following: (a) “A-” by S&P, (b) “A3” by Moody’s, (c) “A-” by Fitch, (d) “A (low)” by DBRS or (e) “A:X” by A.M. Best Company; provided, however, that any claims-paying ability rating that satisfies the requirement in the preceding clause (x) will also satisfy the requirement in clause (y); and provided that (A) an insurance carrier shall be deemed to have the applicable claims-paying ability ratings set forth above if the obligations of such insurance carrier under the related insurance policy are guaranteed or backed in writing by an entity that has long-term unsecured debt obligations that are rated not lower than the ratings set forth above or claims-paying ability ratings that are not lower than the ratings set forth above; and (B) an insurance carrier will be deemed to have the applicable claims-paying ability ratings set forth in this clause (ii) if a Rating Agency Confirmation is obtained from the Rating Agency whose rating requirement has not been satisfied.
A3 by Moody’s, (b) “A-” by S&P, (c) “A-” by Fitch, (d) “A-:X” by A.M. Best Company, Inc. or (e) “A(low)” by DBRS, or, in the case of clauses (i) or (ii), any other insurer acceptable to the Rating Agencies, as evidenced by a Rating Agency Confirmation.
Examples of A3 in a sentence
The Department will not pay the Contractor for the cost to restore or repair damage utility facilities and will consider any delays resulting from this damage to be non-excusable in accordance with Section 108.06, Determination of and Extensions to the Contract Time.” 105.08 A.3 Additional Section 600 Work Drawing Submittal Requirements.
Submit work drawings for all structures for overhead signs according to Sections 105.08 A.3, “Additional Section 600 Work Drawing Submittal Requirements”.
The Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes and the Class C Notes (collectively, the “Notes”) are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture and subject to the subordination provisions therein.
A.3. Solicitation Amendments A.3.1. If an ”Amendment of Solicitation”, OMES-FORM-CP-011, is issued, the bidder shall acknowledge receipt of any/all amendment(s) to solicitations by signing and returning the solicitation amendment(s).
An A3 locality map must be attached to the back of this document, as Appendix A.
More Definitions of A3
A3 or its equivalent by Xxxxx’x Investors Service, Inc. All insurers providing Insurance required by this Loan Agreement will be authorized to issue Insurance in the Property Jurisdiction.
A3 by Xxxxx’x, (d) “A(low)” by DBRS, Inc. or (e) “A-:VIII” by A.M. Best Company (or such other rating as to which a Rating Agency Confirmation has been obtained) covering the Servicer’s or Special Servicer’s, as applicable, officers and employees in connection with its activities under this Agreement. Each such insurance policy shall protect the Servicer or the Special Servicer, as applicable, against losses resulting directly from forgery, theft, embezzlement, fraud, errors and omissions of such covered persons. Coverage of the Servicer or the Special Servicer under a policy or bond obtained by an Affiliate thereof and providing the coverage required by this Section 3.11(d) shall satisfy the requirements of this Section 3.11(d). The amount of coverage shall at least be equal to the coverage that is required by the applicable governmental authorities having regulatory power over the Servicer and Special Servicer. The amount of coverage shall be in such form and amount as are consistent with Accepted Servicing Practices. In the event that any such bond or policy ceases to be in effect, the Servicer or the Special Servicer, as applicable, shall obtain a comparable replacement bond or policy. Each shall use reasonable effort to cause each and every sub-servicer, if any, to maintain a blanket fidelity bond and an errors and omissions insurance policy meeting the requirements as described above. In lieu of the foregoing, but subject to this Section 3.11, the Servicer and the Special Servicer may self-insure with respect to such risks so long as the long term debt obligations or deposits of the Servicer or the Special Servicer, as applicable (or its immediate or remote parent) are rated at least “A3” by Xxxxx’x (or such other rating as to which a Rating Agency Confirmation has been obtained).
A3 or higher by Moody’s and “A-” or higher by S&P, if such Person is rated by both Moody’s and S&P, or (ii) “A3” or higher by Moody’s or “A-” or higher by S&P if such Person is rated by either S&P or Moody’s.
A3. 180 “Caa1” 4770
A3 by Moody's, or the short-term, unsecured and unsubordinated debt obligations of Party A (or its successor) or any guarantor of Party A's obligations under the Agreement, are downgraded below "Prime-2" by Moody's; and
A3 or higher from Xxxxx’x; “A” or higher from Fitch; and/or the equivalent from another internationally recognised credit rating agency acceptable to the Association: and
A3 by Moody's and "BBB" by S&P. Rating as of Closing: Underlying Securities Xxxx: Book-entry security with DTC. EXHIBIT A Standard Terms for Trust Agreements (begins on next page) STANDARD TERMS FOR TRUST AGREEMENTS between MERRILL LYNCH DEPOSITOR, INC., as Dxxxxxxxr, and UNITED STATES TRUST COMPANY OF NEW YORK, as Trustee and as Securities Intermediary TRUST CERTIFICATES Dated as of February 20, 1998 Reconciliation and tie between the Standard Terms, dated as of February 20, 1998, and the Trust Indenture Act of 1939, as amended. This reconciliation and tie does not constitute part of the Standard Terms. ================================================================================ Trust Indenture Act Standard of 1939 Section Terms Section -------------------------------------------------------------------------------- 310(a)(1) 7.07 -------------------------------------------------------------------------------- (a)(2) 7.07 -------------------------------------------------------------------------------- (a)(5) 7.07 -------------------------------------------------------------------------------- 312(a) 7.14 -------------------------------------------------------------------------------- 313(a) 7.16 -------------------------------------------------------------------------------- 314(a) 3.10 -------------------------------------------------------------------------------- (c)(1) 1.03 -------------------------------------------------------------------------------- (c)(2) 1.03 -------------------------------------------------------------------------------- (e) 1.03 -------------------------------------------------------------------------------- 315(a)(1) 7.01 -------------------------------------------------------------------------------- 315(a)(2) 7.03 -------------------------------------------------------------------------------- 315(b) 7.01(d) -------------------------------------------------------------------------------- 315(d) 7.01(c) -------------------------------------------------------------------------------- 316(a)(1)(A) 5.19 -------------------------------------------------------------------------------- (a)(1)(B) 5.20 -------------------------------------------------------------------------------- (b) 5.21 -------------------------------------------------------------------------------- (c) 1.03(b) -------------------------------------------------------------------------------- 317(a)(1) 5.18 --------------------------------------------------------...