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).

  • The Company is also using Credit Risk ratings from widely recognized External Rating Agencies (Moody’s Investors Service, Standard & Poor's Financial Services LLC and Fitch Ratings Inc.) in order to assess the probability of default of a specific counterparty and, if necessary, refers to elements of other approaches, methods and models used to assess and manage these risks.

  • The Solicitor shall provide the services of a ‘Deed Clerk/Archivist’ and the Clients Deeds must be available for inspection and review by the Client and the Client’s internal and external Solicitors and others (including for example but not by way of limitation, HM Treasury; National Audit Office; HMRC Valuation Office Agency; External Estates Advisors; External Rating Advisor; selling agents etc.).

  • Develop or edit forms from previous year, find venue for External Rating and Ranking of the project.

  • Key Audit Matter Auditor’s ResponseFair Valuation of Group’s financial instrumentsThe valuation of the financial instruments is based on a recovery range provided by the External Rating Agency and other unobservable inputs.

  • SECTION VI : FINANCIAL RISK MANAGEMENT Loans and advances to banks are further analysed as follows (based on contractual maturity): External Rating Sight 0-3 months 3-12 months Gross amount External Rating Sight 0-3 months 3-12 months Gross amount No credit limits were exceeded during the reporting period.

  • Credit scores would be calculated by the model or, for FSPs (as provided in the CC Risk Procedures), a combination of Minimum External Rating requirements and exposure limits.

  • All Investment Grade cases for review are considered by Review Committee subject to such requests meeting the review criteria as stated in subsequent paragraphs.In case of Below Investment Grade cases, the External Rating Committee (RC) is the Review Committee and all the requirements relating to quorum, etc., is applicable accordingly.


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.

  • 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.

  • 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.

  • 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).

  • 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”.

  • Corporate Rating an opinion issued by S&P of an obligor’s overall financial capacity (its creditworthiness) to pay its financial obligations.

  • Fitch means Fitch Ratings, Inc., and its successors in interest.

  • Highest Rating Category means, with respect to a Permitted Investment, that the Permitted Investment is rated by S&P or Moody’s in the highest rating category given by that rating agency for that general category of security. By way of example, the Highest Rating Category for tax exempt municipal debt established by S&P is “A 1+” for debt with a term of one year or less and “AAA” for a term greater than one year, with corresponding ratings by Moody’s of “MIG 1” (for fixed rate) or “VMIG 1” (for variable rate) for three months or less and “Aaa” for greater than three months. If at any time (i) both S&P and Moody’s rate a Permitted Investment and (ii) one of those ratings is below the Highest Rating Category, then such Permitted Investment will, nevertheless, be deemed to be rated in the Highest Rating Category if the lower rating is no more than one rating category below the highest rating category of that rating agency. For example, a Permitted Investment rated “AAA” by S&P and “Aa3” by Moody’s is rated in the Highest Rating Category. If, however, the lower rating is more than one full rating category below the Highest Rating Category of that Rating Agency, then the Permitted Investment will be deemed to be rated below the Highest Rating Category. For example, a Permitted Investment rated “AAA” by S&P and “A1” by Moody’s is not rated in the Highest Rating Category.