Credit Rating definition
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.
Credit Rating means the rating assigned by a Rating Agency to the senior unsecured long term Indebtedness of a Person.
Credit Rating means a rating as determined by a Credit Rating Agency of the Parent’s non-credit-enhanced, senior unsecured long-term indebtedness.
Examples of Credit Rating in a sentence
All budgets, projections, appraisals, feasibility studies and other documentation submitted by the Borrower to the RUS and any Rating Agency assigning a Credit Rating were based on assumptions that were reasonable at the time submitted; and, as of the date hereof, the Borrower has updated such budgets, projections, appraisals, feasibility studies and other documentation as required by RUS and any Rating Agency and in connection with customary updates provided to Rating Agencies assigning a Credit Rating.
Ratings As long as any Note remains outstanding, the Borrower shall (a) maintain a Credit Rating from at least two (2) Rating Agencies and (b) continuously subscribe with a Rating Agency for the services described in Exhibit A attached hereto.
More Definitions of 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 the Ratings Agencies.
Credit Rating means, with respect to any entity, (a) the rating then assigned to such entity’s unsecured senior long-term debt obligations (not supported by third party credit enhancements), or (b) if such entity does not have a rating for its unsecured senior long-term debt obligations, then the rating assigned to such entity as an issuer rating by S&P and/or ▇▇▇▇▇’▇. If the entity is rated by both S&P and ▇▇▇▇▇’▇ and such ratings are not equivalent, the lower of the two ratings shall determine the Credit Rating. If the entity is rated by either S&P or ▇▇▇▇▇’▇, but not both, then the available rating shall determine the Credit Rating.
Credit Rating means, with respect to any entity, (a) the rating then assigned to such entity’s unsecured senior long-term debt obligations (not supported by third party credit enhancements), or (b) if such entity does not have a rating for its unsecured senior long-term debt obligations, then the rating assigned to such entity as an issuer rating by S&P and/or Moody’s. If the entity is rated by both S&P and Moody’s and such ratings are not equivalent, the lower of the two ratings shall determine the Credit Rating. If the entity is rated by either S&P or Moody’s, but not both, then the available rating shall determine the Credit Rating.
Credit Rating means the rating assigned by a Rating Agency to the Borrower or Whitestone REIT for the senior unsecured long term indebtedness of the Borrower.
Credit Rating means, with respect to (a) S&P, the rating assigned by S&P to the short-term senior unsecured debt of ▇▇▇▇▇▇, and (b) ▇▇▇▇▇’▇, the rating assigned by ▇▇▇▇▇’▇ to the long-term senior unsecured debt of ▇▇▇▇▇▇ or to the short-term senior unsecured debt of ▇▇▇▇▇▇, as applicable.
Credit Rating means, at any time, with respect to Caterpillar or CFSC, the credit rating on such Borrower’s long-term senior unsecured debt then most recently publicly announced by either ▇▇▇▇▇’▇ or S&P, and “Credit Ratings” means with respect to each such Borrower, such credit ratings from both ▇▇▇▇▇’▇ and S&P. In the case of each of CFKK and CIF, “Credit Rating” and “Credit Ratings” mean, at any time, the Credit Rating and Credit Ratings of CFSC at such time, as determined pursuant to the preceding sentence.
Credit Rating is replaced in its entirety, as follows: