Assigned Xxxxx’x Rating means the monitored publicly available rating, the private rating (so long as such private rating has been issued or provided by Moody’s within the previous 15 months) or the credit estimate (so long as such credit estimate has been issued or provided by Moody’s within the previous 15 months) expressly assigned to a debt obligation (or facility) by Moody’s; provided that, in the case of a private rating or credit estimate assigned to an obligation by Moody’s more than 13 months earlier, the Assigned Xxxxx’x Rating of such obligation shall be one subcategory lower than such private rating or credit estimate, as applicable.
Assigned Xxxxx’x Rating means the monitored publicly available rating or the monitored estimated rating expressly assigned to a debt obligation (or facility) by Moody’s that addresses the full amount of the principal and interest promised; provided that, if application has been made for such estimated rating, pending its receipt, the Assigned Xxxxx’x Rating will be the lower of (i) the rating as may be estimated in good faith by the Servicer in accordance with the Moody’s RiskCalc Calculation described herein and (ii) a rating of “B3”; provided, further, that with respect to any Loan Asset for which Moody’s has provided an estimated rating, the Servicer (on behalf of the Borrower) will (x) if such estimated rating was provided to the Borrower more than 6 months prior to the Closing Date, request that Moody’s confirm or update such estimate within 6 months after the Closing Date, and in all other cases and thereafter, request that Moody’s confirm or update such estimate annually (and pending receipt of such confirmation or new estimate, the Loan Asset will have the prior estimated rating) and (y) notify Moody’s if the Servicer becomes aware of any restructuring, recapitalization or other material amendment that, in the reasonable judgment of the Servicer, would have a material adverse effect on such Loan Asset.
Assigned Xxxxx’x Rating. With respect to any Loan as of any date of determination, the monitored publicly available rating or the estimated rating expressly assigned to such Loan by Xxxxx’x that addresses the full amount of the principal and interest payable on such Loan.
More Definitions of Assigned Xxxxx’x Rating
Assigned Xxxxx’x Rating. The monitored publicly available rating or the estimated rating expressly assigned to a debt obligation (or facility) by Moody’s that addresses the full amount of the principal and interest promised.
Assigned Xxxxx’x Rating means the publicly available rating or the monitored estimated rating expressly assigned to a debt obligation (or facility) by Moody's that addresses the full amount of the principal and interest promised, and "Assigned S&P Rating" means the publicly available rating assigned to a debt obligation (or facility) by S&P that includes no subscripts, asterisks or other qualifications, that is not stated to be an unmonitored rating, and that addresses the full amount of the principal and interest promised.
Assigned Xxxxx’x Rating. The monitored publicly available rating or the estimated rating expressly assigned to a debt obligation (or facility) by Xxxxx’x that addresses the full amount of the principal and interest promised; provided that, so long as the Borrower (or the Collateral Manager on its behalf) applies for a new estimated rating, or renewal of an estimated rating, annually and upon a material amendment or change, and provides the information required to obtain such estimate or renewal, as applicable, then pending receipt of such estimate or renewal, as applicable, (A) in the case of a request for a new estimated rating, (i) for a period of 90 days, such debt obligation will have a Xxxxx’x Rating of “B3” for purposes of this definition if the Collateral Manager certifies to the Collateral Agent that the Collateral Manager believes that such estimated rating will be at least “B3” and (ii) thereafter, such debt obligation will have a Xxxxx’x Rating of “Caa3” or (B) in the case of a request for a renewal of an estimated rating following a material deterioration in the creditworthiness of the Obligor or a specified amendment, the Borrower will continue using the previous estimated rating assigned by Xxxxx’x until such time as (x) Xxxxx’x renews such estimated rating or assigns a new estimated rating for such debt obligation and (y) the criteria specified in clause (A) above in connection with an annual request for a renewal of an estimated rating becomes applicable in respect of such debt obligation.
Assigned Xxxxx’x Rating or clause (e) of the definition of “Moody’s Derived Rating”) and the determination of the Moody’s Recovery Rate (to the extent necessary in accordance with clause (a) of the definition of “Moody’s Recovery Rate”), the calculation made as follows:
Assigned Xxxxx’x Rating. The meaning assigned in Schedule 4 hereof.
Assigned Xxxxx’x Rating. The meaning specified in Schedule 3 hereto.
Assigned Xxxxx’x Rating and “CFR” mean: ASSIGNED XXXXX’X RATING The monitored publicly available rating or the estimated rating expressly assigned to a debt obligation (or facility) by Moody’s that addresses the full amount of the principal and interest promised.