Examples of Credit Rating Level in a sentence
The Facility Fee shall be determined by reference to the Credit Rating Level in effect from time to time; provided, however, that no change in the Facility Fee rate resulting from a change in the Credit Rating Level shall be effective until three (3) Business Days after the date on which the Agent receives written notice of a change.
ICMA also leveraged its domestic relationship with a US association, members of which worked in- country for short-term assignments in a pro bono capacity.
If the security has a Asset Credit Rating Level of 17, 18 or 19, then that security must be rated by at least two of Moody’s, S&P and Fitch.
There is no concentration of investments in any one issuer that represents 5% or more of plan net position avail- able for benefits.Credit Quality Fixed Income SecuritiesAs of June 30, 2017Investment Type Credit Rating Level Fair ValueU.S Fixed Income Corporate BondsRRS uses ratings from Standard & Poor’s for the preparation of this chart.
For the purposes of determining whether a Financial Distress Event has occurred pursuant to the provisions of paragraph 3.1.1, the credit rating of the Supplier or relevant Key Sub‑contractor (as the case may be) shall be deemed to have dropped below the applicable Credit Rating Threshold if any of the Rating Agencies have rated the Supplier or relevant Key Sub‑contractor (as the case may be) at or below the applicable Credit Rating Level.