Credit Ratings definition

Credit Ratings means, as of any date of determination, (i) the public corporate rating or public corporate family rating as determined by Xxxxx’x, S&P or Fitch, respectively, of the Borrowers and (ii) the public facility ratings of the Term Loans as determined by Xxxxx’x, S&P or Fitch, respectively; provided that, if Xxxxx’x, S&P or Fitch shall change the basis on which ratings are established by it, each reference to the Credit Rating announced by Xxxxx’x, S&P or Fitch shall refer to the then equivalent rating by Xxxxx’x, S&P or Fitch, as the case may be.
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Credit Ratings has the meaning assigned to that term in Section 5.04(a).
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Credit Ratings at any time, the then Moody's Credit Rating and the then S&P Credit Rating.
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Examples of Credit Ratings in a sentence

  • The European Union (Alternative Investment Fund Managers) (Amendment) Regulations 2014 (S.I. No. 379 of 2014) (the "Amending Regulations") transpose the requirements of the Credit Ratings Agencies Directive (2013/14/EU) ("CRAD") into Irish law.

  • This risk is minimised through the Annual Investment Strategy, which requires that deposits are not made with financial institutions unless they meet identified minimum credit criteria, in accordance with the Fitch, Moody’s and Standard & Poor’s Credit Ratings Services.

  • The facility ratings for Joint Obligor Risk Limits are determined in accordance with the matrix in the Credit Ratings Policy of the Bank.

  • This risk is minimised through the Annual Investment Strategy, which requires that deposits are not made with financial institutions unless they meet identified minimum credit criteria, in accordance with the Fitch, Moody’s and Standard & Poors Credit Ratings Services.

  • From an initial review it seems that scrubbers present a number of technical and environmental challenges that haveto be studied in more detail.


More Definitions of Credit Ratings

Credit Ratings has the meaning specified in Section 2.18.
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Credit Ratings has the meaning assigned to that term in Schedule 5.
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Credit Ratings at any time, the then Xxxxx'x Credit Rating and the then S&P Credit Rating.
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Credit Ratings means the Borrower’s corporate rating assigned by the Rating Agencies.
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Credit Ratings has the meaning specified in SECTION 2.21.
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Credit Ratings means credit ratings issued by a credit rating agency as may be prescribed;
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Credit Ratings means (a) the senior unsecured debt credit rating of the Borrower from Moody’s and (b) the long term issuer credit rating of the Borrower from S&P.2. Facility FeeThe Borrower shall pay a fee (the “Facility Fee”) quarterly in arrears calculated on a per annum basis, for the ratable benefit of each lender under the Amended Revolving Facility from the Amendment Effective Date to the maturity date of the Amended Revolving Facility on the aggregate amount of the commitments under the Amended Revolving Facility (whether used or unused) as set forth below.For purposes of determining the Facility Fee, the applicable Credit Rating from one of S&P and Moody’s will be required to qualify for the applicable Level set forth above; provided that if the higher applicable Credit Rating is more than one Level higher than the other Credit Rating, the Facility Fee shall be the Level below the Level corresponding to such higher Credit Rating.
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