Corporate Family Rating an opinion issued by Xxxxx’x of a corporate family’s ability to honor all of its financial obligations that is assigned to a corporate family as if it had a single class of debt and a single consolidated legal entity structure.
Corporate Family Rating means a credit rating assigned by a Credit Rating Agency to reflect its opinion of the ability of a corporate group to honour all of its financial obligations, as if there was a single class of debt and the corporate group was a single legal entity, where the corporate group is as determined by the relevant Credit Rating Agency;
Corporate Family Rating means, with respect to any Collateral Debt Obligation and the issuer or obligor thereof, as of any date of determination, the "corporate family rating" as published by Moody's as of such date of determination, if applicable and available; or otherwise, the "senior implied rating" as published by Moody's as of such date of determination.
Examples of Corporate Family Rating in a sentence
Use commercially reasonable efforts to cause Corporate Family Ratings to continue to be publicly rated by each of S&P and Xxxxx’x (or, to the extent S&P or Xxxxx’x no longer provides a Corporate Family Rating, Fitch, or such other rating agency as is designated as a replacement rating agency by Borrower with the consent of the Administrative Agent), but not to maintain a specific rating.
More Definitions of Corporate Family Rating
Corporate Family Rating means a credit rating assigned by a Credit Rating Agency, to reflect its opinion of the ability of a corporate group to honour all of its financial obligations, as if there was a single class of debt and a single consolidated legal entity structure, where the corporate group is as determined by the relevant Credit Rating Agency, and Ofwat has approved in writing to the Appointee that such corporate group can be used for this purpose;
Corporate Family Rating means, on any date, each of the ratings most recently publicly announced by Xxxxx’x and S&P (or, to the extent that either Xxxxx’x or S&P no longer maintains a corporate family rating or corporate credit rating, as applicable, of the Ultimate Parent or Borrower, Fitch or any other rating agency reasonably satisfactory to the Administrative Agent that is designated as a replacement rating agency by Borrower) as the corporate family rating, corporate credit rating or equivalent type of credit rating (as applicable) of the Ultimate Parent or, if the Ultimate Parent is not rated, of Borrower.
Corporate Family Rating means the corporate family rating assigned from time to time to the Issuer by Xxxxx’x, representing the highest rating that Xxxxx’x may assign to any unsecured obligation of any member of the Issuer Group, and being on the Issue Date, Baa3.
Corporate Family Rating means, on any date, each of the ratings most recently publicly announced by Moody’s and S&P (or, to the extent that either Moody’s or S&P no longer maintains a corporate family rating or corporate credit rating, as applicable, of Shelf Drilling, Ltd. or Borrower, Fitch or any other rating agency reasonably satisfactory to the Administrative Agent that is designated as a replacement rating agency by Borrower) as the corporate family rating, corporate credit rating or equivalent type of credit rating (as applicable) of Shelf Drilling, Ltd. or, if Shelf Drilling, Ltd. is not rated, of Borrower.
Corporate Family Rating means, with respect to a Collateral Debt Obligation, an obligor in respect thereof or a guarantor that unconditionally and irrevocably guarantees such Collateral Debt Obligation, the corporate family rating of such obligor or guarantor as assigned by Moody's from time to time.
Corporate Family Rating means a credit rating issued by a Credit Rating Agency to all classes of debt issued by companies that are members and/ or affiliates of the same corporate group where the “corporate group” is as determined by the relevant Credit Rating Agency for such purpose.
Corporate Family Rating means a credit rating assigned by a Credit Rating Agency to reflect its opinion of the ability of a corporate group to honour all of its