Group IV Country definition

Group IV Country. Greece, Italy, Portugal and Japan.
Group IV Country means Greece, Italy, Portugal and Japan (or such other countries as may be notified by Moody’s to the Collateral Manager from time to time).
Group IV Country means Greece, Italy and Portugal (or such other countries as may become publicly available under published criteria or such other countries the Portfolio Manager is otherwise notified of by Moody’s from time to time).

Examples of Group IV Country in a sentence

  • Any Group I Country, Group II Country, Group III Country or Group IV Country.

  • Any Moody’s Group I Country, Moody’s Group II Country, Moody’s Group III Country or Moody’s Group IV Country.


More Definitions of Group IV Country

Group IV Country means Greece, Italy, Portugal, Singapore and Japan so long as the U.S. Dollar denominated sovereign debt obligations of the jurisdiction are rated at least "Aa2" (and not on credit watch with negative implications) by Moody's and the foreign currency issuer credit rating assigned by S&P to the jurisdiction is at least "AA").
Group IV Country means Greece, Italy, Portugal and Japan (or such other countries as may be notified by Moody’s to the Manager from time to time).
Group IV Country means Greece, Italy, Japan, and Portugal (or such other countries as may be notified by Moody’s to the Collateral Manager from time to time). Coverage Tests and the InterestReinvestment Test: The Coverage Tests will be used primarily to determine whether principal and interest may be paid on the Secured Notes and distributions may be made on the Subordinated Notes or whether funds which would otherwise be used to pay interest on the Secured Notes (other than the Class A Notes and the Class B Notes) and to make distributions on the Subordinated Notes must instead be used to pay principal on one or more Classes of Secured Notes according to the priorities referred to in “—Priority of Payments.” The “Coverage Tests” will consist of the Overcollateralization Ratio Test and the Interest Coverage Test applied respectively to the Class A Notes and the Class B Notes (together, the “Class A/B Coverage Tests”), the Class C Notes (together, the “Class C Coverage Tests”) and the Class D Notes (together, the “Class D Coverage Tests”). Measurement of the degree of compliance with the Overcollateralization Ratio Tests will be required as of the end of the Ramp-Up Period and each Measurement Date thereafter. Measurement of the degree of compliance with the Interest Coverage Tests will be required as of each Measurement Date beginning on the second Determination Date. In addition, the Interest Reinvestment Test, which is not a Coverage Test, will apply as described herein. The Overcollateralization Ratios at the end of the Ramp- Up Period and Interest Coverage Ratios on or after the second Determination Date for the various Classes of Secured Notes are expected to be as set forth below, and the “Overcollateralization Ratio Test” and “Interest Coverage Test” applicable to the indicated Class or Classes of Secured Notes will be satisfied as of any date of determination at or subsequent to the end of the Ramp-Up Period or, in the case of the Interest Coverage Test, on or after the second Determination Date if the applicable Overcollateralization Ratio or Interest Coverage Ratio, as the case may be, is at least equal to the applicable ratio indicated below or such Class or Classes of Secured Notes is no longer Outstanding. If any Coverage Test (other than a Class D Coverage Test)is not satisfied on any Determination Date occurring subsequent to the Ramp-Up Period (or, in the case of an Interest Coverage Test, on or subsequent to the second Determination Date) the Issuer will b...
Group IV Country means Greece, Italy, Portugal, Singapore and Japan so long as the U.S. Dollar denominated sovereign debt obligations of the jurisdiction are rated at least "Aa2" (and not on credit watch with negative implications) by Moody's and the foreign currency issuer credit rating assigned by S&P to the jurisdiction is at least "AA"); provided that a Collateral Obligation issued by an issuer organized or with headquarters in Bermuda, Bahamas, Netherlands Antilles, Channel Islands or the Cayman Islands shall be treated as issued by an issuer in a Group IV Country if in the reasonable business judgment of the Collateral Manager, the revenues of such issuer are originated primarily in any Group IV Country (other than Bermuda, Bahamas, Netherlands Antilles, Channel Islands or the Cayman Islands) or the United States or Canada.
Group IV Country means Greece, Italy, Portugal, Japan and Singapore (or such other countries as may be notified by Moody's to the Portfolio Manager from time to time) so long as the foreign currency issuer credit rating of such country is rated, at the time of acquisition of the relevant Collateral Obligation, at least "AA-" by S&P, and the foreign currency country ceiling rating of such country is, at the time of acquisition of the relevant Collateral Obligation, at least "Aa2" by Moody’s.
Group IV Country means Greece, Italy, Portugal, Japan and any country subsequently determined by Moody’s to be a Moody’s Group IV Country.
Group IV Country. Greece, Italy and Portugal (or such other countries as may be notified by Xxxxx’x to the Portfolio Manager and the Collateral Administrator from time to time).