Assigned Rating definition

Assigned Rating means, in respect of the Counterparty, the Custodian or the Principal Paying Agent, the rating assigned to the Relevant Unsecured Indebtedness of such entity by the Applicable Rating Agency. The Assigned Rating relating to the Counterparty is denoted in this Securities Note as the "Counterparty Assigned Rating", the Assigned Rating relating to the Custodian is denoted in this Securities Note as the "Custodian Assigned Rating" and the Assigned Rating relating to the Principal Paying Agent is denoted in this Securities Note as the "Principal Paying Agent Assigned Rating". For these purposes, "Applicable Rating Agency" means the rating agency specified as such in the Notes Data Table in relation to such entity, and the "Relevant Unsecured Indebtedness" of an entity means either the long-term unsecured unsubordinated indebtedness or the short-term unsecured unsubordinated indebtedness of such entity, indicated in the Notes Data Table as either "Long-term" or "Short-term" respectively.
Assigned Rating means, with respect to any Transferred Loan as of any date of determination, the lowest of (a) the monitored publicly available rating or Shadow Rating expressly assigned to such Loan by Xxxxx’x or S&P that addresses the full amount of the principal and interest payable on such Loan, (b) the rating assigned by the Servicer’s internal risk rating model, or (c) the RiskCalc Rating; provided, however, that (i) in the case of the rating determined in subsection (a), (b) or (c), such Assigned Rating shall in no event be lower than the rating determined in (a), (ii) any such rating, if assigned by S&P, shall be lowered by one rating level, (iii) any such rating, if assigned by the Servicer’s internal rating model, shall, if the weighted average rating assigned by the Servicer to any set of Transferred Loans is found to be higher than the weighted average Shadow Rating of the same set of Loans, be adjusted downward by the amount of such deviation, (iv) each such rating shall be compared quarterly with the applicable RiskCalc Rating, and to the extent that the RiskCalc Rating is found to be lower, then such rating will be adjusted downward and to the extent that the RiskCalc Rating is found to be higher, then such rating will be adjusted upward, in each case, by the amount of such deviation, and (v) each such rating shall be converted to the equivalent Xxxxx’x rating for reporting purposes; provided, however, that for the period of 60 days after the Effective Date, the Assigned Rating shall be the lower of (x) the RiskCalc Rating or (y) the internal rating.
Assigned Rating means, in respect of the Swap Counterparty, any Collateral Provider, the Custodian, the Account Bank or the Principal Paying Agent, the rating assigned to the Relevant Unsecured Indebtedness of such entity (or, in the case of the Principal Paying Agent, any guarantor of such entity) by the Rating Agency. For these purposes, the "Relevant Unsecured Indebtedness" of an entity means either the long-term unsecured unsubordinated indebtedness or the short-term unsecured unsubordinated indebtedness of such entity, indicated in the Information Table as either "Long-term" or "Short-term" respectively.

Examples of Assigned Rating in a sentence

  • If and for so long as the Counterparty Assigned Rating is at or above the Counterparty Required Rating, the Credit Support Annex is suspended.

  • Electronic accessory data helpful for the interpretation of the experiment should be digitally signed and stored Entries should wherever possible be made only by the person to whom the book is issued.

  • If and for so long as each Counterparty Assigned Rating is at or above the applicable Counterparty Required Rating, the Credit Support Amount is zero; and the Credit Support Annex is suspended.

  • The Assigned Rating will be shown on the Wall Charts and Pairing Sheets at the tournament but are not listed online before the tournament.3 For example, consider a player in an Under section who has an established US Chess rating.

  • S/NAssessment IndicatorAssignedRating/Descrip tionMeans of Demonstrating Assigned Rating Values1Desiltation rate for two pumps (M3/hour) State average desiltation rate given the worst case operating conditions assuming sediment formed of a mixture of coarse sand and gravel and further state what those worst case operating conditions are.

  • Rating Assigned Weight Assigned Rating x Weight The extent to which the employee: (1) Aligns the shared vision with the Unit/department performance improvement goals and strategic plan, (2) Reassesses the shared vision statement annually to assure that it is still meaningful and current, (3) Ensures that staff is able to model the shared vision and values as part of their daily practice.

  • If and for so long as the Counterparty Assigned Rating is at or above the Counterparty Required Rating, the Credit Support Amount is zero; and the Credit Support Annex is suspended.

  • If and for so long as the Repo Counterparty Assigned Rating by Moody's is below the Repo Counterparty Floor Rating by Moody's, the Repo Counterparty will provide a third party guarantee from a party with the ratings required by Moody's or transfer its obligations under the relevant Repo Agreement to an alternative Repo Counterparty with the ratings required by Moody's.

  • With respect to each Substitute Collateral Debt Security acquired based on an S&P Estimated Rating after the Effective Date, the Collateral Manager shall determine compliance with the S&P Post-Acquisition Compliance Test when it receives notice from S&P of the S&P Assigned Rating for such Substitute Collateral Debt Security.

  • S/NAssessment IndicatorAssigned Rating/Descrip tionMeans of Demonstrating Assigned Rating Values7Size of area dredged before repositioning dredger to a new area (metres^2) Provide a detailed description on how the dredger moves from one dredged area to the next.


More Definitions of Assigned Rating

Assigned Rating is hereby amended by replacing the reference to “DBRS” therein with “an Approved Rating Agency”;
Assigned Rating means, in respect of the Swap Counterparty, the Repo Counterparty, the Custodian, the Account Bank or the Principal Paying Agent, the rating assigned by each relevant Rating Agency to, as applicable, either the long-term unsecured unsubordinated indebtedness or the short-term unsecured unsubordinated indebtedness of such entity.
Assigned Rating. The Moody's Assigned Rating or the S&P Assigned Rating, as applicable.

Related to Assigned Rating

  • Specified Rating means, for the Class A(2018-1) Notes, Aaa(sf) with respect to Xxxxx’x, AAA(sf) with respect to Standard & Poor’s and AAAsf with respect to Fitch.

  • Mxxxx’x Rating means, with respect to a Reference Obligation, as of any date of determination:

  • S&P Rating means, at any time, the rating issued by S&P and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.

  • Xxxxx’x Rating means, at any time, the rating issued by Xxxxx’x and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.

  • Required Rating means a short-term unsecured debt rating of “A-1+” by S&P Global Ratings and “F1+” by Fitch.

  • Moody’s Rating means, at any time, the rating issued by Moody's and xxxx xx effect with respect to the Borrower's senior unsexxxxx xong-term debt securities without third-party credit enhancement.

  • Credit Rating means the rating assigned by a Rating Agency to the senior unsecured long term Indebtedness of a Person.

  • Required Ratings [Ratings] Closing Date, Location and Time: ___________ ___, 20___; offices of Cadwalader, Wickersham & Taft, LLP, Xxx Xxxx, New Xxxk; 10:00 a.m. New York City time. Purchase Price for the Offered Certificates: Class Percent of Initial Aggregate ----- Principal Balance -------------------------------- Class A % Classes B-1, B-2 and B-3 % In eaxx xxxx, as offered and sold pursuant to this Terms Agreement, plus accrued interest, if applicable, thereon. Notwithstanding any other provision of the above-referenced Underwriting Agreement, all references to the Registration Statement in the Underwriting Agreement shall be with reference to File No. _________. Subject to the terms and conditions and in reliance upon the representations and warranties set forth in the above-referenced Underwriting Agreement (which is incorporated herein in its entirety and made a part hereof) as supplemented by this Terms Agreement, the Seller agrees to sell to the Underwriter, and the Underwriter agrees to purchase from the Seller, the Offered Certificates. The Underwriter has been retained solely to act as underwriter in connection with the sale of the Offered Certificates to investors (including the establishment of the price of the Offered Certificates to investors), and no fiduciary, advisory or agency relationship between Seller and the Underwriter has been created in respect of any of the transactions contemplated by this Terms Agreement, irrespective of whether the Underwriter has advised or is advising Seller on other matters. * * * If the foregoing is in accordance with your understanding of our agreement, please sign and return to the undersigned a counterpart hereof, whereupon this letter and your acceptance shall represent a binding agreement by and among the Seller, Wells Fargo Bank, N.A. and the Underwriter. Very truly yours, WELLS FARGO ASSET SECURITIES XORPORATION By: ---------------------------- Name: Title: WELLS FARGO BANK, N.A. By: ---------------------------- Name: Title: The foregoing Terms Agreement is hereby confirmed and accepted as of the date first above written. HSBC SECURITIES (USA) INC. By: ---------------------------------- Name: Title: Exhibit B SUPPLEMENTAL INFORMATION With respect to any investor, "Supplemental Information" means any of the following types of information, to the extent omitted from the Issuer Free Writing Prospectus:

  • Designated Rating means, for a security or instrument, a rating issued by a designated rating organization, or its DRO affiliate, that is at or above one of the following rating categories, or that is at or above a category that replaces one of the following rating categories, if

  • Specified Rating Agencies means each of Moody’s, S&P and DBRS as long as, in each case, it has not ceased to rate the Notes or failed to make a rating of the Notes publicly available for reasons outside of the Issuer’s control; provided that if one or more of Moody’s, S&P or DBRS ceases to rate the Notes or fails to make a rating of the Notes publicly available for reasons outside of the Issuer’s control, the Issuer may select any other “designated rating organization” within the meaning of National Instrument 41-101 of the Canadian Securities Administrators as a replacement agency for such one or more of them, as the case may be.

  • Moody’s means Xxxxx’x Investors Service, Inc.

  • Approved Ratings Threshold means each of the S&P Approved Ratings Threshold and the Moody’s First Trigger Ratings Threshold.

  • Applicable Rating means the rating assigned to each Class of the Series 2016-T1 Notes by the Note Rating Agency, upon the issuance of such Class as set forth below:

  • Investment Grade Credit Rating means (a) with respect to Fitch, a credit rating of BBB- or higher, (b) with respect to Xxxxx’x, a credit rating of Baa3 or higher and (c) with respect to S&P, a credit rating of BBB- or higher.

  • Investment Grade Rating means a rating equal to or higher than Baa3 (or the equivalent) by Moody’s and BBB- (or the equivalent) by S&P, or an equivalent rating by any other Rating Agency.

  • Hedge Counterparty Ratings Requirement means (a) either (i) the unsecured, short-term debt obligations of the substitute counterparty (or its Credit Support Provider) are rated at least “A-1” by S&P or (ii) if the substitute counterparty does not have a short-term rating from S&P, the unsecured, long-term senior debt obligations of the substitute counterparty (or its Credit Support Provider) are rated at least “A+” by S&P, (b) either (i) the unsecured, long-term senior debt obligations of such substitute counterparty (or its Credit Support Provider) are rated at least “A1” by Moody’s (and if rated “A1” by Moody’s, such rating is not on watch for possible downgrade to below “A1”) and the unsecured, short-term debt obligations of such substitute counterparty (or its Credit Support Provider) are rated at least “P-1” by Moody’s (and if rated “P-1” by Moody’s, such rating is not on watch for possible downgrade and remaining on watch for possible downgrade), or (ii) if such substitute counterparty (or its Credit Support Provider) does not have a short-term debt rating from Moody’s, the unsecured, long-term senior debt obligations of such substitute counterparty (or its Credit Support Provider) are rated at least “Aa3” by Moody’s (and if rated “Aa3” by Moody’s, such rating is not on watch for possible downgrade to below “Aa3”), and (c) either (i) the unsecured, long-term senior debt obligations of such substitute counterparty (or its Credit Support Provider) are rated at least “A” by Fitch or (ii) the unsecured, short-term debt obligations of such substitute counterparty (or its Credit Support Provider) are rated at least “F1” by Fitch. For the purpose of this definition, no direct or indirect recourse against one or more shareholders of the substitute counterparty (or against any Person in control of, or controlled by, or under common control with, any such shareholder) shall be deemed to constitute a guarantee, security or support of the obligations of the substitute counterparty.

  • Debt Rating has the meaning specified in the definition of “Applicable Rate.”

  • Index Debt Rating means the S&P Rating, the Xxxxx’x Rating and the Fitch Rating.

  • S&P Approved Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a short-term unsecured and unsubordinated debt rating from S&P of “A-1”, or, if such entity does not have a short-term unsecured and unsubordinated debt rating from S&P, a long-term unsecured and unsubordinated debt rating or counterparty rating from S&P of “A+”.

  • Moody s” means Moody’s Investors Service, Inc.

  • Investment Grade Rating Date means the date on which the Borrower first obtains an Investment Grade Rating.

  • Corporate Rating an opinion issued by S&P of an obligor’s overall financial capacity (its creditworthiness) to pay its financial obligations.

  • Investment Grade Ratings means a rating equal to or higher than Baa3 (or the equivalent) by Moody’s and BBB- (or the equivalent) by S&P, provided that no negative watch is placed on such rating.

  • Senior Debt Rating means, at any date, the credit rating identified by a Rating Agency as the credit rating that (a) it has assigned to long term unsecured senior debt of the Borrower or (b) would assign to long term unsecured senior debt of the Borrower were the Borrower to issue or have outstanding any long term unsecured senior debt on such date.

  • Credit Rating Agency means a nationally recognized credit rating agency that evaluates the financial condition of issuers of debt instruments and then assigns a rating that reflects its assessment of the issuer’s ability to make debt payments.

  • Initial Rating With respect to the Secured Notes, the rating or ratings, if any, indicated in Section 2.3.