Highest Rating definition

Highest Rating means, with respect to Moody’s, P-1, or Aaa, and, with respect to S&P, A-1+ or AAA, or any rating category that will not cause a Ratings Event, as confirmed in writing by the applicable Rating Agency.
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Highest Rating means, with respect to Moody's, P-1 or Aaa and, with respect to Standard & Poor's, A-1+ or AAA, or any rating that will not cause a Rating Agency to reduce or withdraw its rating on any class of any outstanding series.
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Highest Rating means, with respect to Moody's, P-1 or Aaa and, with respect to Standard & Poor's, A-1+ or AAA, or any rating that will not cause a Ratings Event.
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Examples of Highest Rating in a sentence

  • Interest-bearing negotiable certificates of deposit, interest-bearing time deposits, interest-bearing savings accounts or bankers’ acceptances, issued by a Qualified Financial Institution whose unsecured short-term obligations are rated in the Highest Rating Category.

  • Interest must be payable on a current basis and the obligations must be rated in the Highest Rating Category.

  • Direct obligations of, and obligations on which the full and timely payment of principal and interest is unconditionally guaranteed by, any agency or instrumentality of the United States of America (other than the Federal Home Loan Mortgage Corporation) or direct obligations of the World Bank, which obligations are rated in the Highest Rating Category.

  • Mortgage Loan Trust 2006-OA1 Highest Rating of Certificates: Class [ ] rated “Aaa” by ▇▇▇▇▇’▇, and “AAA” by S&P.

  • Lawler Name: Darron Woodus Title: M▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: As▇▇▇▇▇▇▇ ▇▇▇▇ President Date: Date: SCHEDULE 1A ELIGIBLE COLLATERAL MOODY'S Certificates: Banc of America Funding Corporation, Mortgage Pass-Through Certificates, Series 2007-B Highest Rating of Certificates: Classes A-1 and A-2 rated "Aaa" by Moody's, "AAA" by S&P and "AAA" by Fitch.

  • By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ By: __/s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President Date: January 31, 2007 Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President Date: January 31, 2007 Certificates: DEUTSCHE BANK ALT A SECURITIES MORTGAGE LOAN TRUST 2007-AR1 Highest Rating of Certificates: Class [ ] rated [“Aaa”] by Moody’s[, and] [“AAA”] by S&P.

  • Any written repurchase agreement entered into with a Qualified Financial Institution (see definition below) whose unsecured short-term obligations are rated in the Highest Rating Category.

  • By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President Date: May 31, 2007 Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President Date: May 31, 2007 Certificates: DEUTSCHE ALT-A SECURITIES MORTGAGE LOAN TRUST 2007-OA3 Highest Rating of Certificates: Class [ ] rated [“Aaa”] by Moody’s[, and] [“AAA”] by S&P and [“AAA”] by Fitch.

  • Investment Agreements with a Qualified Financial Institution whose unsecured long-term obligations are rated in the Highest Rating Category, or whose obligations are unconditionally guaranteed or insured by a Qualified Financial Institution whose unsecured long-term obligations are rated in the Highest Rating Category.

  • By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Date: April 18, 2007 Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Assistant Vice President Date: April 18, 2007 Certificates: BAYVIEW FINANCIAL MORTGAGE PASS-THROUGH TRUST 2007-A Series Highest Rating of Certificates: Classes A-IO, 1-A1, 1-A2, 1-A3, 1-A4, 1-A5, 2-A1, 2-A2, 2-A3, and 2-A4, rated “Aaa” by Moody’s, and “AAA” by S&P, and “AAA” by Fitch.


More Definitions of Highest Rating

Highest Rating means, with respect to Moody's, P-1 or Aaa, with respect to Standard & Poor's, A-1+ or AAA, and with respect to Fitch, F-1+ or AAA or or any rating category that will not cause a Ratings Event. "Holdings" shall mean Partners First Holdings, LLC, a Delaware limited liability company. "Independent Director" shall have the meaning specified in subsection 2.7(h)(vii). "Ineligible Receivables" shall have the meaning specified in subsection 2.5(a). "Initial Account" shall mean each MasterCardregistered trademark 1 and VISAregistered trademark consumer revolving credit card account which is identified in the computer file or microfiche list delivered to the Trustee by the Transferor pursuant to Section 2.1 on the Initial Issuance Date. ----------------- 1 MasterCard and VISA are registered trademarks of MasterCard International Incorporated and VISA USA, Inc., respectively.
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Highest Rating means, with respect to Moody's, P-1 or Aaa, and, with respect to Standard & Poor's, A-1 + or AAA, or with respect to either Standard & Poor's or Moody's, any rating category which will not cause a reduction in or withdrawal of the rating of any Class of any Series then outstanding, as confirmed in writing by the applicable Rating Agency.
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Highest Rating means, with respect to ▇▇▇▇▇'▇ Investors Service, Inc., P-1 or Aaa and, with respect to Standard and Poor's Rating Group, A-1 + or AAA.
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Highest Rating means, with respect to Moody's, P-1 or Aaa, with respect to Standard & Poor's, A-1+ or AAA, and with respect to Fitch, F-1+ or AAA or or any rating category that will not cause a Ratings Event. "Holdings" shall mean Partners First Holdings, LLC, a Delaware limited liability company. "Independent Director" shall have the meaning specified in subsection 2.7(h)(vii). "Ineligible Receivables" shall have the meaning specified in subsection 2.5(a). "Initial Account" shall mean each MasterCard and VISA(1) consumer revolving credit card account which is identified in the computer file or microfiche list delivered to the Trustee by the Transferor pursuant to Section 2.1 on the Initial Issuance Date.
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Related to Highest Rating

  • 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.

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

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

  • 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.

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