Authority Rating definition

Authority Rating means the long-term unenhanced ratings (without regard to any bond insurance policy or credit enhancement) assigned by each of Moody’s, Fitch and S&P to the Authority’s Senior Bonds.

Authority Rating means the lowest long-term unenhanced ratings (without regard to any bond insurance policy or credit enhancement) assigned by each of Xxxxx’x,

Authority Rating means the lowest long-term unenhanced ratings (without regard to any bond insurance policy or credit enhancement) assigned by each of Moody’s, Fitch and S&P to the Authority’s Senior Lien Debt. The Lenders acknowledge that as of the Effective Date, Moody’s does not rate the Authority’s Senior Lien Debt.

Examples of Authority Rating in a sentence

• The Authority agrees to pay to the Lender, for the account of the Lender, for each day, a nonrefundable annual fee (the “Commitment Fee”) initially accruing at a rate of 20 basis points (0.20%) per annum multiplied by the Available Commitment, for such day, which is subject to maintenance of the current Authority Rating.

• While the unitary benefits per trip are moderate, the high trip demand between these areas relevantly scales the total amount of benefits.

• The Authority covenants and agrees that it shall not at any time withdraw or permit to be withdrawn any Authority Rating issued by any of Fitch, Xxxxx’x or S&P if the effect of such withdrawal would be to cure a Default or an Event of Default under this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 or to decrease the Applicable Spread or Commitment Fee Rate.

• Three acts were amended to empower TRA to be the main collector of the property tax in the country: The Urban Authority (Rating) Act, Cap.

• The Authority covenants and agrees that it shall not at any time withdraw or permit to be withdrawn any Authority Rating issued by any of Fitch, Moody’s or S&P if the effect of such withdrawal would be to cure a Default or an Event of Default under this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 or to decrease the Applicable Spread or Commitment Fee Rate.

• Local Authority Rating of their effectiveness as a unit versus GBV 55Table 44.

• CARAT Guidelines” means the CARAT Guidelines - Guide- lines for Constructing Policies Governing the Use of Identity- Based Public Key Certificates drafted by the Certification Authority Rating and Trust (CARAT) Task Force of the National Automated Clearing House Association (NACHA), Version 1 Draft, September 21, 1998, excluding later amend- ments or additions, incorporated by reference and on file with the Secretary of State.

• The Authority covenants and agrees that it shall not at any time withdraw or permit to be withdrawn any Authority Rating issued by any of Fitch, Moody’s or S&P if the effect of such withdrawal would -56- be to cure a Default or an Event of Default under this Agreement or to decrease the Applicable Spread or Commitment Fee Rate.

• Different specialists use the backing to channel a particular method to show this uncommon considerate model.

• BCITO Has a New Zealand Qualifications Authority Rating of Highly Confident in ITO performance and Confident in capability in self-assessment.

More Definitions of Authority Rating

Authority Rating means the long-term unenhanced rating assigned by Moody’s, Fitch or S&P to Parity Debt.

Authority Rating means the long-term unenhanced ratings (without regard to any bond insurance policy or credit enhancement) assigned by each of Moody’s and S&P to the Authority’s Pledged Revenue Bonds.

Authority Rating means the long-term unenhanced ratings (without regard to any bond insurance policy or credit enhancement) assigned by each of Xxxxx’x, Fitch and S&P to the Authority’s Senior Xxxx Xxxxx.

Authority Rating means the long-te1m unenhanced ratings (without regard to any bond insurance policy or credit enhancement) assigned by each of Moody's, Fitch and S&P to the Authority's Senior Lien Debt; provided, however, in the event that there is no Senior Lien Debt outstanding or no rating assigned by Moody 's, Fitch or S&P to any Senior Lien Debt, Authority Rating shall mean the Authority's "issuer credit rating."

Authority Rating means the long-term unenhanced ratings (without regard to any bond insurance policy or credit enhancement) assigned by each of Moody’s, S&P and Fitch to the Authority’s Second Program Bonds.