Issuer credit rating definition

Issuer credit rating means a credit rating assigned to an issuer of corporate debt by a Credit Rating Agency;
Issuer credit rating means a credit rating assigned to an issuer of corporate debt by Standard and Poor’s Rating Group (or any of its subsidiaries), by Moody’s Investors Services Incorporated (or any of its subsidiaries) or by Fitch Ratings Limited, or any other reputable credit rating agency which has comparable standing in the United Kingdom and the United States of America.
Issuer credit rating means, either:

Examples of Issuer credit rating in a sentence

  • In addition to the primary servicer rating outlined above, Issuers with a “Ginnie Mae Single-Family Servicing Portfolio” that exceeds $50,000,000,000 ($50 billion) will be required to obtain an Issuer credit rating from a “Nationally Recognized Statistical Rating Organization” as defined by Section 78c(a) of Title 15 of the United States Code (15 U.S.C. 78c(a)).

  • Co., 165 FERC ¶ 61,244 (2018).10 Multiplied by the applicable tax gross-up rate for the year of the Annual ADIT Flow Back so long as the Standard and Poor’s (“S&P”) Long-Term Issuer credit ratings for PG&E Corporation and any subsidiary where its electric transmission assets reside (“Transmission Subsidiary”) are not both below BBB- nor both above BBB+, and so long as the Moody’s Long-Term Issuer credit rating for PG&E Corporation and its Transmission Subsidiary are not both below Baa3 nor both above Baa1.

  • CLEAN UNIT DESIGNATION: The PGW Mill qualifies as a Clean Unit per 40 CFR § 52.21(x) and the permit conditions related to the Clean Unit Designation (effective date and expiration date), the basis for such determination are included in this permit amendment.

  • S&P has also issued an is- suer credit rating to Danish Ship Finance A/S of ‘BBB+’, with a ‘Stable’ outlook.• Bond rating A• Issuer credit rating BBB+• Outlook StableS&P regularly monitors and provides instrument and issuer credit ratings.

  • Co., 165 FERC ¶ 61,244 (2018).8 Multiplied by the applicable tax gross-up rate for the year of the Annual ADIT Flow Back so long as the Standard and Poor’s (“S&P”) Long-Term Issuer credit ratings for PG&E Corporation and any subsidiary where its electric transmission assets reside (“Transmission Subsidiary”) are not both below BBB- nor both above BBB+, and so long as the Moody’s Long-Term Issuer credit rating for PG&E Corporation and its Transmission Subsidiary are not both below Baa3 nor both above Baa1.


More Definitions of Issuer credit rating

Issuer credit rating means a credit rating assigned to an issuer of corporate debt by Standard and Poor's Rating Group (or any of its subsidiaries) or by Moody's Investors Services Incorporated (or any of its subsidiaries) or any equivalent rating from any other reputable credit-rating agency which has comparable standing in the United Kingdom and the United States of America. 7 Basis of allocations and apportionments 7.1 The analyses of operating costs and tangible fixed assets prepared under sub- paragraphs 5.1(1), 5.1(3) and 5.2 shall give a description of the bases of any apportionments or allocations of costs and assets and shall be prepared in accordance with any guidelines which may be issued from time to time by the Director [Water Services Regulation Authority] under sub-paragraph 7.3. 7.2 Accounting statements prepared under paragraph 4 and, where relevant, the description of transactions prepared under paragraph 6 shall:
Issuer credit rating means a credit rating assigned to an issuer of corporate debt by Standard and Poor's Rating Group (or any of its subsidiaries), by Moody's Investors Services Incorporated (or any of its subsidiaries) or by Fitch Ratings Limited, or any other reputable credit rating agency which has comparable standing in the United Kingdom and the United States of America. I32. Except with the prior consent of Ofwat, the Appointee shall not transfer, lease, license or lend any sum or sums, asset, right or benefit to any Associated Company of the Appointee if: I32.1 the Appointee does not hold an Issuer credit rating that is an Investment grade rating; I32.2 where the Appointee holds more than one Issuer credit rating, one or more of the ratings so held is not an Investment grade rating; or I32.3 any Issuer credit rating held by the Appointee is BBB- by Standard & Poor's Ratings Group or Fitch Ratings Ltd or Baa3 by Moody's Investors Service, Inc. (or such higher Issuer credit rating as may be specified by any of these credit rating agencies from time to time as the lowest Investment grade rating), or is an equivalent rating from another credit rating agency that has been notified to the Appointee by Ofwat as of comparable standing for the purposes of paragraph I30 and: I32.3.1 is on review for possible downgrade; or I32.3.2 is on "Credit Watch" or "Rating Watch" with a negative designation; or, where neither I32.3.1 nor I32.3.2 applies: I32.3.3 the rating outlook of the Appointee as specified by any credit rating agency referred to in paragraph I32.3 above which at the relevanttime has assigned the lower or lowest Issuer credit rating that is an Investment grade rating held by the Appointee has been changed from stable or positive to negative. I33. Where any of paragraphs I32.1, I32.2 or I32.3 apply the exceptions are: I33.1 payment properly due for any goods, services or assets in relation to commitments entered into prior to the date on which the circumstances described in paragraph I32 arise, and which are provided on an arm's length basis and on normal commercial terms; I33.2 a transfer, lease, licence or loan of any sum or sums, asset, right or benefit on an arm's length basis, on normal commercial terms and where the value of the consideration due in respect of the transaction in question is payable wholly in cash and is paid in full when the transaction is entered into. For the avoidance of doubt this exception does not include a dividend or other distribution, out ...
Issuer credit rating means a credit rating assigned to an issuer of corporate debt by Standard and Poor's Rating Group (or any of its subsidiaries), by Moody's Investors Services Incorporated (or any of its subsidiaries) or by Fitch Ratings Limited, or any other reputable credit rating agency which has comparable standing in the United Kingdom and the United States of America. 6A.7 (1) Except with the prior consent of the Water Services Regulation Authority, the Appointee shall not transfer, lease, license or lend any sum or sums, asset, right or benefit to any Associated Company of the Appointee if:
Issuer credit rating has the meaning given in paragraph 2 of Standard Special Condition A38 (Credit Rating of the Licensee).
Issuer credit rating means a credit rating assigned to an issuer of corporate debt by Standard and Poor's Rating Group (or any of its subsidiaries) or by Moody's Investors Services Incorporated (or any of its subsidiaries) or any equivalent rating from any other reputable credit-rating agency which has comparable standing in the United Kingdom and the United States of America.Condition J: Levels of Service Information and Service Targets
Issuer credit rating means in relation to any person the credit rating of its unsecured and unsubordinated long term debt.
Issuer credit rating means the implied senior most credit rating of the Company, which: