Duff & Phelxx definition
Examples of Duff & Phelxx in a sentence
Purchaser's A.M. Best & Co. rating is A+ (superior) and its Duff & Phelxx xxxing is AA.
For the purposes of this Section 6, a rating of at least A (or its equivalent) shall mean that such issuer has a rating of at least A (or its equivalent) from two (2) of the following four (4) rating agencies: Fitch Investors Service, Moodx'x Xxxestor Service, Standard & Poor's Corporation and Duff & Phelxx.
Nothing contained herein shall prevent the communication of information with any Governmental Entity or any agency or other organization which rates the financial solvency or claims-paying ability of Seller, Purchaser or JANY, including without limitation, A.M. Best Company, Inc., Duff & Phelxx, Xxandard & Poor's Corporation and Moodx'x Xxxestors Services, Inc.
Nothing contained herein shall prevent the communication of information with any Governmental Entity or any agency or other organization which rates the financial solvency or claims-paying ability of Seller or Purchaser, including without limitation, A.M. Best Company, Inc., Duff & Phelxx, Xxandard & Poor's Corporation and Moodx'x Xxxestors Services, Inc.
If at any time Duff & Phelxx xxxces its ratings of any of the Notes under review, the Company will promptly and in any event within one Business Day of the occurrence thereof, give each Purchaser written notice thereof.