Investment Grade Rating Event definition
Investment Grade Rating Event means the first day on which the Notes have an Investment Grade Rating from each Rating Agency, and no Default has occurred and is then continuing under this Indenture.
Investment Grade Rating Event means the first day on which the Securities have an Investment Grade Rating from each of S&P and Moody’s, and no Default has occurred and is then continuing under this Indenture.
Investment Grade Rating Event means the first day on which the notes have an Investment Grade Rating from each Rating Agency, and no Default has occurred and is then continuing under the Indenture.
Examples of Investment Grade Rating Event in a sentence
Section 6.01 Neither the Trustee nor any Paying Agent shall be responsible for determining whether any Change of Control or Below Investment Grade Rating Event has occurred and whether any Change of Control offer with respect to the Notes is required.
More Definitions of Investment Grade Rating Event
Investment Grade Rating Event means the first day on which the Notes are assigned an Investment Grade Rating by a Rating Agency and no Default or Event of Default has occurred and is continuing.
Investment Grade Rating Event has the meaning set forth in Section 4.3.(b).
Investment Grade Rating Event means the first day on which the 6 1⁄4% Senior Notes or any Permitted Refinancing Indebtedness in respect thereof in the form of unsecured Indebtedness evidenced by bonds, debentures, notes or similar instruments are assigned an Investment Grade Rating.
Investment Grade Rating Event means, with respect to a series of Notes, the first day on which (a) the Notes of such series have an Investment Grade Rating from at least two Rating Agencies, (b) no Default or Event of Default with respect to the Notes of such series has occurred and is then continuing under this Indenture and (c) the Company has delivered to the Trustee an Officers’ Certificate certifying as to the satisfaction of the conditions set forth in clauses (a) and (b) of this definition.
Investment Grade Rating Event means the delivery to the Trustee of an Officers’ Certificate to the effect that the Notes have an Investment Grade Rating from each Rating Agency, and no Default has occurred and is then continuing under this Indenture.
Investment Grade Rating Event means the senior notes issued by Operating Partnership and guaranteed by the Partnership cease to have a rating of at least “BBB-” or higher by S&P Global, Inc., “BBB-” or higher by Fitch Ratings, Inc., or Baa3 or higher by ▇▇▇▇▇’▇ Investors Services, Inc.
Investment Grade Rating Event means the first day on which the notes issued under the Indenture are assigned an Investment Grade Rating.