Credit Enhanced definition

Credit Enhanced means a bond issue with a third party repayment guarantee such as a bank letter of credit, Federal program or insurance policy from a credit enhancer such as a bank or insurance company with credit ratings in the three highest categories, meaning at least A3 from Moodys, or A- from either FitchRatings or Standard and Poors, which repayment guarantee structure is binding for at least 36 months and results in the bonds being issued with the credit ratings of the credit enhancer.
Sample 1Sample 2Sample 3
Credit Enhanced when used with reference to any Bonds or Series of Bonds, means Bonds or a Series of Bonds the payment of the principal of and interest on which is insured or guaranteed by a Credit Enhancer.
Sample 1Sample 2Sample 3
Credit Enhanced used as a verb has a corresponding meaning.
Sample 1Sample 2

Examples of Credit Enhanced in a sentence

  • Long Term Senior Unsecured Non Credit Enhanced Debt of the Borrower Rated Less Than Level 2 But At Least BBB- By S&P And Baa3 By Xxxxx’x.

  • Long Term Senior Unsecured Non Credit Enhanced Debt of the Borrower Rated Less Than Level 3 But At Least BB+ By S&P And Ba1 By Xxxxx’x.

  • Long Term Senior Unsecured Non Credit Enhanced Debt of the Borrower Rated Less Than Level 1 But At Least BBB By S&P And Baa2 By Xxxxx’x.

  • XXXXX 0 XXXXX 0 XXXXX 0 XXXXX 0 XXXXX 5 Long Term Senior Unsecured Non Credit Enhanced Debt of the Borrower Rated At Least BBB+ By S&P And Baa1 By Xxxxx’x.

  • Prior to his current position, he worked for three years as a mortgage trader and in the research department for Goldman, Sachs & Co. James Cielinski Managing Director Senior Portfolio Manager— Global Income Investment Grade Credit Enhanced Income Core Fixed Income Since 2000 2003 2003 2003 Mr. Cielinski joined the Investment Adviser in 1998 as a portfolio manager.

  • As the GSEs will compete with each other as stated above to provide credit enhancement for Multifamily Credit Enhanced Bonds, there will be no risk sharing obligation with respect to the Multifamily Credit Enhancement Program.

  • Those partnerships listed on Schedule A and designated as the CFin BTB Credit Enhanced Partnerships.

  • If a Participant that was not also a Credit Enhanced Participant is terminated, then acceptance of any allocation shall be voluntary by any Equity Sponsor or its appointee and shall be in accordance with New England Hydro’s offer thereof.

  • Each GSE shall, separately from the other GSE, arrange for the pricing and acquisition by Treasury of Multifamily Credit Enhanced Bonds for which the GSE has provided or will be providing credit enhancement.

  • It shall be a condition to the consummation of each Schedule B-2 Stabilization Work-Out Agreement that the related Credit Enhanced Partnership shall have received a Stabilization Opinion in form and substance acceptable to Natixis.

Related to Credit Enhanced

  • Credit Enhancer means the Credit Enhancer identified in the Adoption Annex.

  • Credit Enhancement means, with respect to this Agreement, any credit enhancement or other credit support arrangement in support of the obligations of the Company hereunder or with respect hereto, including any guarantee, collateral arrangement (including any pledge, charge, mortgage or other security interest in collateral or title transfer arrangement), trust or similar arrangement, letter of credit, transfer of margin, reimbursement obligation or any similar arrangement.

  • QFC Credit Support has the meaning specified in Section 11.21.