Highest Credit Rating definition

Highest Credit Rating. The highest rating category (disregarding any plus or minus or any numerical or other sub-category) of either Rating Agency.
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Highest Credit Rating. With respect to Moody's, P-1 or Aaa and with respect to S&P, A1+ or AAA.
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Highest Credit Rating. With respect to [S&P] [Fitch] [DCR] [Moody's], ___________________.
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Examples of Highest Credit Rating in a sentence

  • As a next step to strengthen its long term position in the U.S. municipal debt market and to enhance the Group’s earnings base DEPFA plc is aiming to establish an AAA (Highest Credit Rating) rated municipal bond insurance company.

  • No such investment shall mature later than one Business Day prior to the next Payment Date (or on such Payment Date, in the case of obligations referred to in clause (a)(i) of the definition of Eligible Investments and in the case of Eligible Investments of which the Indenture Trustee is the obligor, so long as at the time of such investment the long-term unsecured debt securities of the Indenture Trustee are rated the Highest Credit Rating by the Rating Agencies).


More Definitions of Highest Credit Rating

Highest Credit Rating. With respect to [Rating Agency], "[__]" or "[__]" and with respect to [Rating Agency], "[__]" or "[___]."
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Related to Highest Credit Rating

  • Highest Credit Rating Available The highest rating category (disregarding any plus or minus or any numerical or other subcategory) of any Rating Agency. Holders: With respect to the Trust Fund, all of the Certificateholders of REMIC Certificates. With respect to the Lower Tier REMIC, the RL Class Certificateholder and the Trustee, as the case may be, as holders of the Lower Tier Interests.

  • Credit Rating means, with respect to any entity, the rating then assigned to such entity’s unsecured, senior long-term debt obligations (not supported by third party credit enhancements) or if such entity does not have a rating for its senior unsecured long-term debt, then the rating then assigned to such entity as an issuer rating by S&P, Moody’s or any other rating agency agreed by the Parties as set forth in the Cover Sheet.

  • Applicable Credit Rating For any long-term deposit or security, a credit rating of AAA in the case of S&P or Aaa in the case of Moody's. For any sh▇▇▇-▇▇▇m deposit or security, or a rating of A-l+ in the case of S&P or P-1 in the case of Moody's.

  • Investment Grade Credit Rating means (a) with respect to Fitch, a credit rating of BBB- or higher, (b) with respect to ▇▇▇▇▇’▇, a credit rating of Baa3 or higher and (c) with respect to S&P, a credit rating of BBB- or higher.

  • Acceptable Credit Rating means a minimum long term credit rating of either BBB from Standard & Poors or Baa2 from ▇▇▇▇▇’▇; Access Undertaking means: