DBRS Morningstar means DBRS, Inc., and its successors in interest.

DBRS Morningstar. DBRS, Inc. or its successors in interest. If neither DBRS, Inc., nor any successor remains in existence, “DBRS Morningstar” shall be deemed to refer to such other nationally recognized statistical rating agency or other comparable Person reasonably designated by the Depositor, notice of which designation shall be given to the Trustee, the Certificate Administrator, the Master Servicer and the Special Servicer and specific ratings of DBRS Morningstar herein referenced shall be deemed to refer to the equivalent ratings (as reasonably determined by the Depositor) of the party so designated.

DBRS Morningstar means DBRS, Inc.

Examples of DBRS Morningstar in a sentence

If none of the 3 Rating Agencies above assign a rating, but the security is rated by DBRS Morningstar, then the DBRS Morningstar rating is assigned.
The debentures are rated “BBB” by S&P and “BBB” by DBRS Morningstar.
The Paying Agent shall at all times be an entity having a long-term unsecured debt rating of at least “A” by DBRS Morningstar and “BBB+” from each of S&P and Fitch, or shall be otherwise acceptable to each Rating Agency.
If none of the 3 rating agencies above assign a rating, but the security is rated by DBRS Morningstar, then the DBRS Morningstar rating is assigned.
Each Custodian shall be a depository institution subject to supervision by federal or state authority, shall have a combined capital and surplus of at least $10,000,000, shall have a long-term debt rating of at least “A2” from Xxxxx’x and at least “A” from DBRS Morningstar (or, if not rated by DBRS Morningstar, an equivalent rating by 2 other NRSROs), and shall be qualified to do business in the jurisdiction in which it holds the Mortgage Loan File.

More Definitions of DBRS Morningstar

DBRS Morningstar means Morningstar Credit Ratings, LLC, and its successors in interest.

DBRS Morningstar means DBRS, Inc., or any successor that is a nationally recognized statistical rating organization.

DBRS Morningstar means DBRS Limited, which was acquired by Morningstar, Inc. on July 2, 2019;

DBRS Morningstar means DBRS Limited, or its successor;

DBRS Morningstar means DBRS, Inc., and its successors in interest. “Depositor” shall mean the depositor under the Lead Securitization Servicing Agreement.

DBRS Morningstar. DBRS, Inc., or any successor thereto.

DBRS Morningstar means DBRS, Inc., or any successor. SALE AND SERVICING AGREEMENT (RMIT 2024-1) – Schedule II - 10