External Rating definition

External Rating shall have the meaning specified in Section 5.1(hh) of the Note Funding Agreement.
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External Rating shall have the meaning specified in Section 5.1(hh) of the Note Purchase Agreement.
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External Rating has the meaning specified in Section 5.01(x).
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Examples of External Rating in a sentence

  • The Master Servicer may effect only one such Ratings Cure prior to obtaining an External Rating that is equal to or better than the Implied Rating.

  • Except as set forth in the next succeeding paragraph or if any change in Law or any change in regulatory guidelines by any Official Body requires an additional External Rating, once the External Rating has been obtained, no Funding Agent may request another External Rating hereunder.

  • If the External Rating is less than the Implied Rating, then the Master Servicer may effect a Ratings Cure (as defined below).

  • Except as set forth in the next succeeding paragraph or if any change in Law or any change in regulatory guidelines by any Official Body requires an additional External Rating, once the External Rating has been obtained, no Funding Agent may request another External Rating hereunderIf the External Rating is less than the Implied Rating, then the Master Servicer may effect a Ratings Cure (as defined below).

  • The Borrower shall procure that the Facility is rated by an External Rating Agency within ninety (90) days after the Utilisation Date and in any case before 31 March 2013.

  • External Rating Agency Ratings If being funded through certain financing agreements that NFIC has in place, NFIC Middle Market Senior Loans which do not have a publicly-traded market price will require either (1) a public rating or private letter rating from S&P and Xxxxx’x, or (2) to be submitted annually to Xxxxx’x and S&P for a credit estimate (“Rating Agency Rating”).

  • The Borrower shall procure that the Facility is rated by an External Rating Agency within one hundred and twenty (120) days after the Effective Date.


More Definitions of External Rating

External Rating has the meaning set forth in Section 7.1(k).
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External Rating has the meaning set forth in Section 10.4(a).
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Related to External Rating

  • Initial Rating With respect to the Secured Notes, the rating or ratings, if any, indicated in Section 2.3.

  • Mxxxx’x Rating means, with respect to a Reference Obligation, as of any date of determination:

  • Nationally Recognized Statistical Rating Organization means a nationally recognized statistical rating organization within the meaning of Rule 436 under the Securities Act.

  • Moody’s means Xxxxx’x Investors Service, Inc. and any successor thereto.

  • Moody’s Rating means, at any time, the rating issued by Moody's and xxxx xx effect with respect to the Borrower's senior unsexxxxx xong-term debt securities without third-party credit enhancement.

  • Xxxxx’x Rating means, at any time, the rating issued by Xxxxx’x and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.

  • Risk Rating means, with respect to any Loan at any time, if such Loan is at such time (i) rated by both S&P and Moody’s, the lower of such ratings, (ii) rated by either S&P or Moody’s, such rating or (iii) not rated by either S&P or Moody’s, the rating determined by the Servicer’s risk rating model.

  • Rating means the operating limits as specified by the component manufacturer.

  • S&P Global Ratings means S&P Global Ratings, a division of S&P Global.

  • Index Debt Rating means the S&P Rating, the Xxxxx’x Rating and the Fitch Rating.

  • S&P Rating means, at any time, the rating issued by S&P and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.

  • Ratings As of any date of determination, the ratings, if any, of the Certificates as assigned by the Rating Agencies.

  • Short-Term Rating has the meaning specified in the Intercreditor Agreement.

  • Debt Rating has the meaning specified in the definition of “Applicable Rate.”

  • Threshold Rating means the short-term unsecured debt rating of P-1 by Moody's and A-1 by Standard & Poor's.

  • Nationally Recognized Rating Agency means any nationally recognized statistical rating organization identified as such by the Securities and Exchange Commission.

  • Moody s” means Moody’s Investors Service, Inc.

  • Other Rating Agency means each NRSRO, if any, other than Fitch then providing a rating for the VMTP Shares pursuant to the request of the Fund.

  • Note Rating Agency means, with respect to any Outstanding Series, Class or Tranche of Notes, each statistical note rating agency selected by the Issuer to rate such Notes.

  • Substitute Rating Agency means a “nationally recognized statistical rating organization” within the meaning of Section 3(a)(62) under the Exchange Act selected by the Company (as certified by a resolution of the Board of Directors of the Company).

  • approved rating means, for a security, a rating at or above one of the following rating categories issued by an approved rating organization for the security or a rating category that replaces a category listed below:

  • Other Rating Agency Guidelines mean the guidelines provided by each Other Rating Agency, as may be amended from time to time, in connection with the Other Rating Agency’s rating of Senior Securities.

  • Standard & Poor’s means Standard & Poor’s Ratings Services, a division of The XxXxxx-Xxxx Companies, Inc.

  • Debt Ratings has the meaning specified in the definition of “Applicable Rate.”

  • Rating Agency or Rating Agencies S&P, Xxxxx’x and Fitch or their successors. If such agencies or their successors are no longer in existence, “Rating Agencies” shall be such nationally recognized statistical rating agencies, or other comparable Persons, designated by the Depositor, notice of which designation shall be given to the Trustee and the Servicer.

  • Moody’s Second Trigger Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, (i) if such entity has a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A3” and a short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-2”, or (ii) if such entity does not have a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A3”.