Applicable Rating Agencies definition

Applicable Rating Agencies means, at the option of the Company and at any time, (1) the two Rating Agencies most recently selected by the Company in its sole discretion to be the Applicable Rating Agencies or (2) the three Rating Agencies most recently selected by the Company in its sole discretion to be the Applicable Rating Agencies. For purposes of clarity, it is understood and agreed that the Company may, from time to time and in its sole discretion, determine whether there shall be two or three Applicable Rating Agencies and select or change the Rating Agencies which shall be the Applicable Rating Agencies.
Applicable Rating Agencies means, at any given time, each Rating Agency then rating the Bonds.
Applicable Rating Agencies means the Rating Agencies that have rated any Securities issued in connection with a Secondary Market Transaction.

Examples of Applicable Rating Agencies in a sentence

  • The Paying Agent shall be permitted to resign as Paying Agent upon 30 days' prior written notice to the Trustee, NAFCO, the Administrator and the Applicable Rating Agencies.

  • The Trustee shall give prompt notice to the Applicable Rating Agencies and each Certificateholder upon the appointment of a Successor Administrator.

  • This Agreement may be amended for any other purpose upon notice to the Applicable Rating Agencies and 10 days’ prior written notice to the Controlling Class, but without the consent of the Holders of any Notes.

  • The Administrator shall promptly give notice to the Applicable Rating Agencies upon any such merger or consolidation of the Trustee.

  • This Agreement and any Supplement may not be amended unless NAFCO shall have delivered the proposed amendment to the Applicable Rating Agencies at least ten Business Days (or such shorter period as shall be acceptable to each of them) prior to the execution and delivery thereof and the Rating Agency Condition has been satisfied with respect to such amendment.


More Definitions of Applicable Rating Agencies

Applicable Rating Agencies as used in this Agreement mean Moody's and Standard and Poor's.
Applicable Rating Agencies means Moodys, S&P and Fitch.
Applicable Rating Agencies means ▇▇▇▇▇’▇, S&P and Fitch.
Applicable Rating Agencies means one or more of Fitch, Moody’s and/or S&P who have been requested to provide a credit rating in respect of, and at the relevant time have an outstanding public credit rating on, the Certificates, and their successors, and each a “Applicable Rating Agency”;
Applicable Rating Agencies means each nationally recognized rating agency that, at the request of NAFCO, from time to time maintains a credit rating of the Class B Certificates.
Applicable Rating Agencies means, at any given time, each Rating Agency then
Applicable Rating Agencies means Moodys, S&P and Fitch. “Application” has the meaning specified in Section 2.05(b).