Bank Rating definition

Bank Rating means, with respect to any Person, the ratings established or deemed to have been established by Moody’s and S&P for the senior, unsubordinated, unsecured long-term debt of such Person.
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Bank Rating means, with respect to any Person, the ratings established or deemed to have been established by Moody’s and S&P for the senior, unsubordinated, unsecured long term debt of such Person.
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Bank Rating means, for the Bank or any Replacement Bank, the long term deposit rating established by S&P for the Bank or the Replacement Bank, as the case may be, or the long term foreign issuer or issuer credit rating established by Moody's for the Bank or the Replacement Bank, as the case may be.
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Examples of Bank Rating in a sentence

  • I/We hereby authorize the Employer/Employers Representative to approach all or any of the following banks for a reference: Description of Bank Detail Bank Detail applicable to Company Head Office Bank Detail applicable to the Site of the Works Name of bank Branch name Branch code Street address Name of manager Telephone number Account number Bank Rating Signed at ……………………..……..

  • For certainty, any amendment to (i) the definition of “Standby Account Bank Ratings” that lowers the ratings specified therein, or (ii) the consequences of breaching a Standby Account Bank Rating that makes such consequences less onerous, shall, with respect to each affected Rating Agency only, be deemed to be a material amendment and shall be subject to confirmation of the satisfaction of the Rating Agency Condition from each affected Rating Agency.

  • The Custodian reserves the right to appoint, add, replace or remove Sub- Custodians provided that any such appointment, addition, replacement or removal will be subject to the prior written consent of each of the Issuer, the Security Trustee and the Cash Manager, and provided that such Sub-Custodian satisfies the Swap Collateral Account Bank Rating (unless Ratings Confirmation in accordance with paragraph 1(b) has been obtained).

  • For certainty, any amendment to (i) the definition of "Standby Account Bank Ratings" that lowers the ratings specified therein, or (ii) the consequences of breaching a Standby Account Bank Rating that makes such consequences less onerous, shall, with respect to each affected Rating Agency only, be deemed to be a material amendment and shall be subject to Rating Agency Confirmation from each affected Rating Agency.

  • No state member bank shall invest in bank premises, or in the stock, bonds, debentures, or other such obligations 5 See FRRS 3–1575 for an explanation of the Uniform Interagency Bank Rating System.

  • I/We hereby authorize the Employer/Employers Representative to approach all or any of the following banks for a reference: Description of Bank Detail Bank Detail applicable to Company Head Office Bank Detail applicable to the Site of the Works Name of bank Branch name Branch code ▇▇▇▇▇▇ address Name of manager Telephone number Account number Bank Rating Signed at ……………………..……..

  • If at any time the rating of the Account Bank falls below the Account Bank Rating Requirements, then the Borrower shall move the accounts forthwith to a replacement account bank which meets the Account Bank Rating Requirements and which shall be previously approved in writing by the Agent (such approval not to be unreasonably withheld or delayed).

  • The Contract Security shall be issued by a reputable international bank with at least one Official Credit Rating equivalent to or higher than the Required Bank Rating.

  • Any proposed Replacement Bank shall be subject to the approval of the Company and the Required Holders, unless such Replacement Bank shall have a Bank Rating of A or higher by S&P or A2 or higher by ▇▇▇▇▇'▇, in which case such approval shall not be required.

  • The Account Bank must at all times comply with the Account Bank Rating Requirements.