Class B Rating definition

Class B Rating means a rating equal to “A(high)(sf)” by DBRS and “Asf” by Fitch or such other rating level communicated by the Rating Agencies for the Class B Notes at any time during the Securitisation.
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Class B Rating means a rating equal to “A1(sf)” by Moody’s and “Asf” by Fitch or such other rating level communicated by the Rating Listing and Admission to trading of the Rated Notes Proceeds of the issue of the NotesAgencies for the Class B Notes at any time during the Securitisation.
Sample 1

Examples of Class B Rating in a sentence

  • In the 12 months prior to the start of the pandemic, Manchester partnered 55 event organisations to deliver or facilitate 63 events in public spaces or on our highways, attracting more than 1.4 million people across 200 days of live events.

  • For a rental bus that exceeds 15-passenger capacity (including the driver), any driver who operates the bus during the rental term must have a Commercial Driver’s License (CDL), Class B Rating with a Passenger Endorsement (P).

  • Add the following to the end of the first paragraph of Section 1505.1 General: Section 1505.1 Any reroofing or roof repair using wood single or shake material in an area that exceeds 25% of the projected roof area in any 12 month period must comply with the requirements for new roof installations or a minimum of Class B Rating (Ord.

  • For example, if only five trucks were found to have a Class B Rating Factor < 1, then only those five need be analyzed for Class C loads.

  • Each of the Class A Rating, the Class B Rating and the Class C Rating is referred to as a ”Rating“.

Related to Class B Rating

  • Class A-2 Rate means [____]% per annum (computed on the basis of a 360 day year consisting of twelve 30 day months).

  • Highest Rating Category means, with respect to a Permitted Investment, that the Permitted Investment is rated by S&P or Moody’s in the highest rating category given by that rating agency for that general category of security. By way of example, the Highest Rating Category for tax exempt municipal debt established by S&P is “A 1+” for debt with a term of one year or less and “AAA” for a term greater than one year, with corresponding ratings by Moody’s of “MIG 1” (for fixed rate) or “VMIG 1” (for variable rate) for three months or less and “Aaa” for greater than three months. If at any time (i) both S&P and Moody’s rate a Permitted Investment and (ii) one of those ratings is below the Highest Rating Category, then such Permitted Investment will, nevertheless, be deemed to be rated in the Highest Rating Category if the lower rating is no more than one rating category below the highest rating category of that rating agency. For example, a Permitted Investment rated “AAA” by S&P and “Aa3” by Moody’s is rated in the Highest Rating Category. If, however, the lower rating is more than one full rating category below the Highest Rating Category of that Rating Agency, then the Permitted Investment will be deemed to be rated below the Highest Rating Category. For example, a Permitted Investment rated “AAA” by S&P and “A1” by Moody’s is not rated in the Highest Rating Category.

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

  • Class A-4 Rate means [ ]% per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.