Bank Rating definition
Examples of Bank Rating in a sentence
DATE: ……................................................(of person authorised to sign on behalf of the Tenderer) CERTIFIED BANK RATING Tenderers to attach a Certified Bank Rating to this page.
Cash in demand deposit accounts is minimized by sweeping available cash balances into investment accounts on a daily basis.Under University policy, deposits are only held at financial institutions that maintain an issuer rating on long-term debt of A3 or higher by Moody’s, A- or higher by Standard & Poor’s or an Asset Peer Group rating of 65 or higher as defined by Sheshunoff Bank Rating Reports.
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.
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.
Bank rating: Tenderer’s to fully complete Form T2.1 F and Attach Letter from the bank indicating your Bank Rating It is important that the tenderer provides information as requested as this information will be used for functionality in which a minimum of 70 points must be scored to move to the next stage of evaluation.
Under University policy, deposits are only held at financial institutions that maintain an issuer rating on long term debt of A3 or higher by Moody’s, A- or higher by Standard & Poor’s or an Asset Peer Group rating of 65 or higher as defined by Sheshunoff Bank Rating Reports.
As of the publication date of this summary, the following ratings were assigned to Deutsche Bank: Rating AgencyLong-termShort-termStandard & Poor’s (S&P)A+A-1Moody’sAa1P-1FitchAA-F1+Rating agencies may change their ratings at short notice.
Source: https://www.fitchratings.com/creditdesk/public/ratings_defintions/index.cfm?rd_file=uspf You may access the guidelines from Fitch Ratings regarding the Global Bank Rating Criteria (which includes the rating methodology applicable to this particular instrument under the approach set out for going-concern instruments via the link given below; https://www.fitchratings.com/site/re/891051 A copy of the rating certificate is given in Annexure III of this Prospectus.
As of the publication date of this summary, the following ratings were assigned to Deutsche Bank: Rating AgencyLong-termShort-termStandard & Poor’s (S&P)AAA-1+Moody’sAa1P-1FitchAA-F1+Rating agencies may change their ratings at short notice.