Credit Watch definition

Credit Watch means S&P or Moody’s ratings outlook “Watch Negative”, “Possible Downgrade”, “Review for Downgrade”, “Review for Possible Downgrade” or other similar terminology.

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Credit Watch means a negative ratings outlook by S&P or Moody’s, sometimes referred to as “Negative Watch”, “Credit Watch”, “Negative, for Potential Downgrade” or “Negative Outlook”. The parties recognize that the nature of each project and the circumstances of each Applicant/Customer will vary. Any further provisions concerning the security to be posted by Applicant/Customer hereunder are set forth in Addendum 2, as mutually executed by the parties.

Credit Watch means the Borrower being included on a list of a Rating Agency or a Recognised Credit Rating Agency which signals that it may downgrade the Borrower's credit rating; Default means an Event of Default or any event or circumstance specified in Clause 23 (Events of Default) which would (with the expiry of a grace period, the giving of notice, the making of any

Examples of Credit Watch in a sentence

• Upon notice of any Credit Watch, all future wholegoods shipments to the affected Dealer must be approved in advance by CNHi Capital.

• Upon a Capital Default or if for any reason CNHi Capital deems itself insecure with respect to financing being provided to a Dealer, CNHi Capital may place such Dealer on a status of Credit Watch.

• CNHi Capital will provide prompt oral and written notification to CNHi America of such Credit Watch status.

• Upon a Capital Default, or if for any reason CNHi Capital deems itself insecure with respect to financing being provided to a Dealer, CNHi Capital may place such Dealer on a status of Credit Watch.

• CNHi Capital will provide prompt oral and written notification of such Credit Watch status.

• CNHi Capital shall advise CNHi America of the reason for any Credit Watch status and actions necessary to remove the Credit Watch status.

• Upon notice of any Credit Watch, future wholegoods shipments to the affected Dealer must be approved in advance by CNHi Capital.

• CNHi Capital shall advise CNHi of the reason for any Credit Watch status and actions necessary to remove the Credit Watch status.

• For the avoidance of doubt the status of Credit Watch as defined by S&P or a rating modifier of 'u' (Under Review) applied to a rated Company as defined by Bests shall not, of itself, be construed as a downgrading for the purposes of this clause.

• In connection with the Credit Watch (Off-line) Service, Intersections will design certain online order pages with Equifax branding which Intersections will then host on a separately established webpage to enable online ordering of the Credit Watch (Off-line) Service.

More Definitions of Credit Watch

Credit Watch means the S&P or Moody’s ratings outlook, i.e., “Negative Watch,” “Credit Watch,” “Negative, for potential downgrade,” “Negative Outlook” or other similar terminology.

Credit Watch means, in respect of a rating, the potential direction of a short or long-term rating which is based on identifiable events and short-term trends that cause ratings to be placed under special surveillance by S&P;