DBRS Equivalent Rating definition

DBRS Equivalent Rating means, with respect to any Person not rated by DBRS, (i) if such Person is rated by all three of Xxxxx’x, Standard & Poor’s and Fitch Ratings, Ltd. (together, the “Equivalent Rating Agencies”), either (A) if at least two Equivalent Rating Agencies have provided equivalent ratings with respect to such Person, the DBRS equivalent of such equivalent ratings (regardless of any rating from another Equivalent Rating Agency) or (B) otherwise, the median of the DBRS equivalents of the ratings for such Person provided by each of the three Equivalent Rating Agencies, (ii) if such Person is rated by any two of the Equivalent Rating Agencies, the DBRS equivalent of the lower of the ratings for such Person provided by the relevant Equivalent Rating Agencies or (iii) if such Person is rated by only one of the Equivalent Rating Agencies, the DBRS equivalent of the rating for such Person provided by such Equivalent Rating Agency.

DBRS Equivalent Rating means, with respect to any date and any Person with respect to whom DBRS does not maintain a public Relevant DBRS Rating as of such date,

DBRS Equivalent Rating means, with respect to any date and any Person with respect to whom DBRS does not maintain a public Relevant DBRS Rating as of such date:

Examples of DBRS Equivalent Rating in a sentence

• In respect of any reference to a rating downgrade by DBRS, a party will be treated as having being downgraded by DBRS if: (i) such party is or has been rated by DBRS and such rating has been lowered or withdrawn; or (ii) such party is not rated by DBRS but ceases to have a DBRS Equivalent Rating.

• Ratings Event II Required RatingsIn respect of DBRS, with respect to DBRS if its long-term, unsecured and unsubordinated debt or counterparty obligations are rated at or above the DBRS Equivalent Rating of "BBB" or any other rating level below the DBRS Equivalent Rating of "BBB" that does not adversely affect the then current ratings by DBRS of the highest rated Notes.

• Epic software and other tools have been implemented to improve workflow and to prevent identity theft.Ms. Costa highlighted department accomplishments, which included winning the Department of the Year for Excellence.The discussion continued with a variety of goals and initiatives that the department has set to accomplish in the future.

• Transfer Trigger: if such bank is rated by DBRS, such bank fails to maintain an institution rating of “BBB” provided by DBRS, being the higher of (a) a rating one notch below the institution’s long-term critical obligations rating; (b) the institution’s issuer rating or long-term senior unsecured debt rating; or (c) the institution’s long-term deposit rating, or if an entity is not rated by DBRS, then the DBRS Equivalent Rating assigned by Fitch, S&P or Moody’s (the “Qualifying Transfer Trigger Rating”).

More Definitions of DBRS Equivalent Rating

DBRS Equivalent Rating means, with respect to any Person not rated by DBRS, (i) if such Person is rated by all three of Moody’s, Standard & Poor’s and Fitch Ratings, Ltd. (together, the “Equivalent Rating Agencies”), either (A) if at least two Equivalent Rating Agencies have provided equivalent ratings with respect to such Person, the DBRS equivalent of such equivalent ratings (regardless of any rating from another Equivalent Rating Agency) or (B) otherwise, the median of the DBRS equivalents of the ratings for such Person provided by each of the three Equivalent Rating Agencies, (ii) if such Person is rated by any two of the Equivalent Rating Agencies, the DBRS equivalent of the lower of the ratings for such Person provided by the relevant Equivalent Rating Agencies or (iii) if such Person is rated by only one of the Equivalent Rating Agencies, the DBRS equivalent of the rating for such Person provided by such Equivalent Rating Agency.

DBRS Equivalent Rating means, with respect to any date and any Person with respect to whom DBRS does not maintain a public Relevant DBRS Rating as of such date; (a) if such Person has an Equivalent Rating Agency Rating from three of the Equivalent Rating Agencies as of such date, then the median of the Corresponding DBRS Ratings for such Person as of such date; (b) if such Person has Equivalent Rating Agency Ratings from only two of the Equivalent Rating Agencies as of such date, then the lower Corresponding DBRS Rating for such Person as of such date; and (c) ) if such Person has an Equivalent Rating Agency Rating from only one of the Equivalent Rating Agencies as of such date, then the Corresponding DBRS Rating for such Person as of such date.

DBRS Equivalent Rating means the DBRS rating equivalent of any of the below ratings by Fitch, Moody’s or S&P:

DBRS Equivalent Rating means, with respect to any Person not rated by DBRS, (i) if such Person is rated by all three of Xxxxx’x, Standard & Poor’s and Fitch Ratings, Ltd. (together, the “Equivalent Rating Agencies”), either (A) if at least two Equivalent Rating Agencies have provided equivalent long-term senior unsecured debt ratings with respect to such Person, the DBRS equivalent of such equivalent ratings (regardless of any rating from the other Equivalent Rating Agency) or (B) otherwise, the median of the DBRS equivalents of the long-term senior unsecured debt ratings for such Person provided by each of the three Equivalent Rating Agencies, (ii) if such Person is rated by any two of the Equivalent Rating Agencies, the DBRS equivalent of the lower of the long-term senior unsecured debt ratings for such Person provided by the relevant Equivalent Rating Agencies or (iii) if such Person is rated by only one of the Equivalent Rating Agencies, the DBRS equivalent of the long-term senior unsecured debt rating for such Person provided by such Equivalent Rating Agency.

DBRS Equivalent Rating means with respect to any issuer rating or senior unsecured debt rating (or other rating equivalent), (a) if public ratings by Fitch, Moody's and S&P are all available, (i) the remaining rating (upon conversion on the basis of the DBRS Equivalent Rating Table) once the highest and the lowest rating have been excluded or (ii) in the case of two or more same ratings, any of such ratings (upon conversion on the basis of the DBRS Equivalent Rating Table); (b) if the DBRS Equivalent Rating cannot be determined under clause (a) above, but public ratings by any two of Fitch, Moody's and S&P are available, the lower rating available (upon conversion on the basis of the DBRS Equivalent Rating Table); and (c) if the DBRS Equivalent Rating cannot be determined under clause (a) or paragraph (b) above, and therefore only a public rating by one of Fitch, Moody's and S&P is available, such rating will be the DBRS Equivalent Rating (upon conversion on the basis of the DBRS Equivalent Rating Table).

DBRS Equivalent Rating means the DBRS rating equivalent of any of the below ratings by Fitch, Moody’s or S&P: DBRSAAA Revenue Eligible Investments Amount

DBRS Equivalent Rating means the DBRS rating equivalent of any of the below ratings by Fitch, Moody’s or Standard & Poor’s Ratings Services: Moody'sS&P Fitch DBRS Long Term ShortTermLong TermShort TermLong TermShort TermLong TermShort Term Aaa Aa1 Aa2 Aa3 A1A2 P-1AAA AA+ AAAA- A-1+AAA AA+ AAAA- F1+AAAAA(high)R-1HAAAA(low)R-1MA+AA-1A+AF1A(high) AA(low)R-1LA3Baa1P-2A-BBB+A-2A-BBB+F2BBB(high)R-2HBaa2 Baa3P-3BBB BBB-A-3BBB BBB-F3BBBR-2MBBB(low)R-2 (Low)or R3Ba1 Ba2 Ba3 B1B2 BB+ BB BB- B+BBB+ BB BB- B+BBBB(high) BBBB(low)B(high)R-4BR-5B3 B-B- B(low) Caa1CCC+CCC+CCCC(high)Caa2 Caa3CCC CCC-CCC CCC- CCCCCC(low)C DDID