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 (a) cause the Facilities to be continuously rated by S&P and Xxxxx’x and (b) cause the Borrower to continuously receive a Corporate Family Rating and Corporate Rating.
Use commercially reasonable efforts to (a) cause the Facilities to be continuously rated by S&P and Xxxxx’x and (b) cause the Borrower to continuously receive a public Corporate Family Rating and Corporate Rating (it being acknowledged and agreed, in each case, that no minimum ratings shall be required).
Use commercially reasonable efforts to (a) cause the Term Loans to be continuously rated by S&P and Xxxxx’x and (b) cause the Borrower to continuously receive a Corporate Family Rating and Corporate Rating.
Similarly, on July 30, 2018, Moody’s Investors Service ("Moody’s") assigned ADVANZ PHARMA a B3 Corporate Family Rating and a B3-PD Probability of Default Rating.
Green Field’s Corporate Family Rating, Probability of Default Rating and Senior Secured Notes Due 2016 rating were all downgraded.
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. Moody’s corporate family rating, the successor equivalent rating thereto (or the monitored estimated rating expressly assigned to an obligor by Moody’s) or, if a corporate family rating has not yet been assigned, the senior implied rating; provided that pending receipt from Moody’s of any such estimate, the Corporate Family Rating will be “B3” so long as the Portfolio Manager has certified to the Warehouse Collateral Administrator in writing that application for such estimate is pending and such estimate is expected to be at least “B3”; provided, further, that the aggregate principal balance of Collateral Debt Obligations having a Xxxxx’x Rating by reason of the preceding proviso may not exceed 10% of the portfolio principal balance.
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
Corporate Family Rating. Moody’s corporate family rating, the successor equivalent rating thereto (or the monitored estimated rating expressly assigned to an obligor by Moody’s) or, if a corporate family rating has not yet been assigned, the senior implied rating; provided that pending receipt from Moody’s of any such estimate, the Corporate Family Rating will be “B3” so long as the Portfolio Manager has certified to the Collateral Administrator in writing that application for such estimate is pending and such estimate is expected to be at least “B3.”
Corporate Family Rating means, for each of S&P and Xxxxx’x, the corporate family rating of CNX and its subsidiaries assigned by such rating agency.