Level 1 Period definition

Level 1 Period means a period during which the Rated Securities are rated better than or equal to Aa2 by Moody's or better than or equal to AA by Standard & Poor's.
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Level 1 Period means a period during which the Rated Securities are rated better than or equal to A3 by Moody’s or better than or equal to A- by Standard & Poor’s.
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Level 1 Period means a period during which the Borrower maintains a public corporate family rating better than or equal to BB (with stable or better outlook) from S&P and a public corporate family rating better than or equal to Ba3 (with stable or better outlook) from Moody’s.
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Examples of Level 1 Period in a sentence

  • Not less than two mediation sessions shall be held over not more than 30 days, said 30-day period (the “Level 2 Period”), beginning on the last day of the Level 1 Period.

  • Only after the Level 1 Period has expired without a resolution to the dispute shall the Parties select a mutually agreeable and neutral mediator to aid the Parties in resolving their dispute.

  • The Pricing Period of January 1, 1999 through March 31, 1999 will be a Level 1 Period.

  • If a student continues to be academically ineligible at the end of the Level 1 Period, they will be removed from all official participation/contact with the team/activity for 7 additional calendar days.

  • Xxxx Title: Authorized Signatory Level 1 Period 0 bps 100 bps Level 2 Period 25 bps 125 bps Level 3 Period 37.5 bps 137.5 bps Level 4 Period 50 bps 150 bps Level 5 Period 75 bps 175 bps Xxxxxxx Sachs Bank USA $ 87,500,000 JPMorgan Chase Bank, N.A. $ 87,500,000 The Bank of Tokyo-Mitsubishi UFJ, Ltd.

  • The Applicable Margin For Base Rate Borrowings, Base Rate Portions, LIBOR Borrowings, LIBOR Portions, the Facility A Commitment Fee Percentage and the Facility B Commitment Fee Percentage will be set for each Pricing Period and will vary depending upon whether such period is a Level 1 Period, a Levex 0 Xxxxxx, x Xxxxx 0 Xxxxxx, x Xxxxx 0 Xxxiod, a Level 5 Period or a Level 6 Period (each a "Pricing Period Level").

  • The Pricing Period of October 1, 1998 through December 31, 1998 will be a Level 1 Period.

  • The Applicable Margin for each Loan and Portion and the Commitment Fee Percentage will be set for each Pricing Period and will vary depending upon whether such period is a Level 1 Period, a Level 2 Period, a Level 3 Period, a Level 4 Period or a Level 5 Period.

  • If, during any Pricing Period, Borrower's consolidated Leverage Ratio is less than or equal to .650 to 1:00 and the average Unused Commitment for the most recent fiscal quarter period ending prior to the first day of such Pricing Period is less than or equal to fifty percent (50%) of the Total Commitment, Borrower's pricing with respect to the Commitment Fee Percentage will be a Level 1 Period.

  • The Pricing Period of July 1, 2000 through September 30, 2000 will be a Level 1 Period.


More Definitions of Level 1 Period

Level 1 Period means a period during which the Borrower maintains a public corporate family rating better than or equal to BB (with stable or better outlook) from S&P and a public corporate family rating better than or equal to Ba3 (with stable or better outlook) from Xxxxx’x.
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Level 1 Period means any period during which the Debt to Cash Flow from Operations Ratio measured as of the end of the most recent fiscal quarter was less than 1.0 to 1.0.
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Level 1 Period. Level 2 Period", "Level 3 Period" and "Level 4 Period" means a period of time during which the Consolidated Debt/Capital Ratio of Merisel Parent is as set forth in the table below: Ratio Period equal to or less than .55:1.00 Level 1 greater than .55:1.00 but equal Level 2 to or less than .60:1.00 greater than .60:1.00 but equal Level 3 to or less than .625:1.00 greater than .625:1.00 Xxxxx 0
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Level 1 Period means a period during which the Borrower maintains a public corporate family rating better than or equal to BB- from S&P and a public corporate family rating better than or equal to Ba3 from Moody’s.
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Related to Level 1 Period

  • Rating period means the 12-month period for which premium rates are determined by a health

  • 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.

  • 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.

  • Digital Signal Level 1 (DS-1 means the 1.544 Mbps first level signal in the time division multiplex hierarchy.

  • Sound level meter means an instrument which includes a microphone, amplifier, RMS detector, integrator or time averager, output meter, and weighting networks used to measure sound pressure levels.

  • Digital Signal Level 0 (DS-0 means the lowest-level signal in the time division multiplex digital hierarchy, and represents a voice-grade channel operating at either the 56 Kbps or 64 Kbps transmission bit rates. There are twenty-four (24) DS-0 channels in a DS-1.