Company Credit Rating definition

Company Credit Rating means a long-term issuer credit rating from S&P and an issuer rating from Xxxxx’x.
Sample 1Sample 2Sample 3
Company Credit Rating means a long-term issuer credit rating from S&P and an issuer rating from Moody’s.
Sample 1Sample 2Sample 3
Company Credit Rating means a long-term issuer credit rating from S&P and an issuer rating from Moody’s for PG&E the utility, separate fro PG&E Corp.
Sample 1

Examples of Company Credit Rating in a sentence

  • The User shall inform The Company in writing forthwith if it becomes aware of no longer meeting The Company Credit Rating or if it is or is likely to be put on credit watch or any similar credit surveillance procedure which may give The Company reasonable cause to believe that the User may not be able to sustain meeting The Company Credit Rating for at least 12 months.

  • The User shall inform The Company in writing forthwith if it becomes aware of losing its The Company Credit Rating or if it is or is likely to be put on credit watch or any similar credit surveillance procedure which may give The Company reasonable cause to believe that the User may not be able to sustain its The Company Credit Rating for at least 6 months.

  • Thereafter not less than 75 days before the 1 April and 1 October each year until30 days after the Charging Date the User shall confirm to The Company whether it meets The Company Credit Rating (which in the case of a long term private credit rating shall be confirmed by Standard and Poor’s or Moody’s within CUSC Section 15 v1.2 20 9th January 2014 a period of 45 days prior to the date of confirmation).

  • We confirm that we:meet The Company Credit Rating [ ]do not meet The Company Credit Rating.

  • Thereafter not less than 75 days before 1 April and 1 October in each year the User shall confirm its The Company Credit Rating position to The Company (which in the case of a long term private credit rating shall be confirmed by Standard and Poor’s or Moody’s within a period of 45 days prior to the date of confirmation).

  • The Parties intend that PG&E emerge from Chapter 11 as soon as possible with a Company Credit Rating of Investment Grade and that PG&E’s Company Credit Rating will improve over time.

  • Thereafter not less than 75 days before the 1 April and 1 October each year until30 days after the Charging Date the User shall confirm to The Company whether it meets The Company Credit Rating (which in the case of a long term private credit rating shall be confirmed by Standard and Poor’s or Moody’s within a period of 45 days prior to the date of confirmation).

  • This may include informing the municipal officials, advising on key communication personnel at the various agencies serving during the transaction including Bond Counsel, Depository Trust Company, Credit Rating Agency, Escrow Bank, Underwriter, Underwriter's Counsel, the Verification Agent and the tracking of the defeasement investments.

  • Performance Bond or letter of credit from a Qualified Bank User confirms to National Grid that The Company Credit Rating is met.

  • Company Credit Rating The Company is rated “CARE A-; Stable” (pronounced as Single A Minus; Outlook: Stable) by CARE Ratings Limited.

Related to Company Credit Rating

  • Credit Rating means, with respect to any entity, the rating then assigned to such entity’s unsecured, senior long-term debt obligations (not supported by third party credit enhancements) or if such entity does not have a rating for its senior unsecured long-term debt, then the rating then assigned to such entity as an issuer rating by S&P, Moody’s or any other rating agency agreed by the Parties as set forth in the Cover Sheet.

  • Investment Grade Credit Rating means (i) a Credit Rating of Baa3 or higher given by Xxxxx’x, (ii) a Credit Rating of BBB- or higher given by S&P or (iii) a Credit Rating of BBB- or higher given by Fitch.

  • S&P Rating means, at any time, the rating issued by S&P and then in effect with respect to the Borrower's senior unsecured long-term debt securities without third-party credit enhancement.

  • Moody s” means Moody’s Investors Service, Inc.

  • Debt Rating has the meaning specified in the definition of “Applicable Rate.”

  • Xxxxx’x Rating means, at any time, the rating issued by Xxxxx’x and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.

  • Required Rating means, in the case of Moody's, the rating assigned to the Underlying Securities by Moody's as of the Closing Date, and, in the case of S&P, the rating assigned to the Underlying Securities by S&P as of the Closing Date.