Level 1 Status definition

Level 1 Status exists at any date if, at such date, the Index Debt is rated either A- or higher by S&P or A3 or higher by Xxxxx’x.
Level 1 Status means, on any date, the Consolidated Total Debt to Consolidated EBITDA Ratio is greater than or equal to 4.50 to 1.00 as of such date.
Level 1 Status exists at any date if, at such date, the Borrower Indenture Securities are rated BBB- or higher by S&P and Baa3 or higher by Moody's.

Examples of Level 1 Status in a sentence

  • Low Security Baseline – TX-RAMP Level 1 Status no later than January 1, 2023 b.

  • After compliance with AIM Level 1 responses and deadlines, you must continue quarterly benchmark monitoring for the next four quarters for the parameter(s) that caused the AIM triggering event at all affected stormwater discharge points, beginning no later than the next full quarter after compliance.5.2.3.4 AIM Level 1 Status Update.

  • The Council is aiming to achieve Level 1 Status in respect of NI 188 by March 2009.

  • B-BBEE Level 1 Status National Footprint ASI Loyalty Offerings at No Cost As your risk advisor, ASl's comprehensive Commercial Insurance offering is modelled on a bespoke group policy design to suit your business needs.

  • Level 1 Status12A Discharger with Level 1 Status as of insert the amendment effective date or on July 1 of the reporting year intending to implement the On-Site Compliance Option must submit the implementation information required in Section II above in their Level 1 Exceedance Response Action (ERA) Evaluation and Report, per the required schedule in Section XII.C of this General Permit or prior to obtaining applicable local approvals for the BMP(s), whichever comes first.

  • Upon successful completion of the training program, the candidate shall be awarded CMAS Underwater Hockey Referee Level 1 Status.

  • NAL/TNAL Exceedances Prior to Implementation of Level 1 Status BMPs.Prior to the implementation of an additional BMP identified in the Level 1 ERA Evaluation or October 1, whichever comes first, sampling results for any parameter(s) being addressed by that additional BMP will not be included in the calculations of annual average or instantaneous maximum NAL/TNAL exceedances in SMARTS.

  • Repetition: 10 Level: 1 Status: C Name: DATE/TIME/PERIOD To specify date, time, period.

  • Level 1 Status - Operational Source ControlIn the event that sampling results indicate that an Instantaneous Maximum or Annual Average NAL is exceeded, the Discharger shall immediately have Level 1 status for any and all parameters exceeded.

  • Also, Winthrop School partially attributes its change to Level 1 Status with DESE to the impact of co-teaching.


More Definitions of Level 1 Status

Level 1 Status means that period of time during which the ratio of the FDC Group's Adjusted Funded Debt to Adjusted Pro Forma EBITDA, on a trailing twelve-month basis, is less than 2.00 to 1.00.
Level 1 Status exists at any date if, on such date, the Parent's Applicable Xxxxx'x Rating is Ba2 or better and the Parent's Applicable S&P Rating is BB or better.
Level 1 Status exists at any date if, as of the last day of the fiscal quarter of the Company referred to in the most recent Financials, the Leverage Ratio (Pricing) on such date is less than 2.25 to 1.00.

Related to Level 1 Status

  • Level V Status exists at any date if, on such date, the Borrower has not qualified for Level I Status, Level II Status, Level III Status or Level IV Status.

  • Level VI Status exists at any date if, on such date, the Borrower has not qualified for Level I Status, Level II Status, Level III Status, Level IV Status or Level V Status.

  • Level IV Status exists at any date if, on such date, (i) the Borrower has not qualified for Level I Status, Level II Status or Level III Status and (ii) the Borrower's Xxxxx'x Rating is Baa3 or better or the Borrower's S&P Rating is BBB- or better.

  • Level III Status exists at any date if, on such date, (i) the Borrower has not qualified for Level I Status or Level II Status and (ii) the Borrower's Xxxxx'x Rating is Baa2 or better or the Borrower's S&P Rating is BBB or better.

  • Level II Status exists at any date if, on such date, (i) the Borrower has not qualified for Level I Status and (ii) the Borrower's Xxxxx'x Rating is Baa1 or better or the Borrower's S&P Rating is BBB+ or better.

  • Level I Status exists at any date if, as of the last day of the fiscal quarter of the Borrower referred to in the most recent Financials, the Leverage Ratio is less than 1.00 to 1.00.

  • Level II means a component of the federal PASRR requirement. Level II refers to the evaluation and determination of whether nursing facility services and specialized services are needed for individuals with mental illness or developmental disability who are potential nursing facility admissions, regardless of the source of payment for the nursing facility service (42 CFR 483.128(a)). Level II evaluations include assessment of the individual’s physical, mental, and functional status (42 CFR 483.132).

  • Health status-related factor means any of the following factors:

  • Level IV and “Level V”: the respective Level set forth below: S&P Moody’s Level I A- or higher A3 or higher Level II BBB+ Baa1 Level III BBB Baa2 Level IV BBB- Baa3 Level V BB+ or lower Ba1 or lower provided that if on any day the Applicable Xxxxx’x Rating and the Applicable S&P Rating do not coincide for any rating category and the Level differential is (x) one level, then the higher of the Applicable S&P Rating or the Applicable Xxxxx’x Rating will be the applicable Level; (y) two levels, the Level at the midpoint will be the applicable Level; and (z) more than two levels, the highest of the intermediate Levels will be the applicable Level; provided further that if on any day, neither the Applicable Xxxxx’x Rating nor the Applicable S&P Rating is available, the applicable Level shall be Level V.

  • Level III means a level of detail in the CPM Schedule which is an implementation (control) schedule used to direct the Work by providing schedule parameters to the more detailed implementation level, identify and resolve schedule problems, status progress in terms of Milestones, measure the impact of scope changes and delays, develop recovery plans, and support schedule-related contractual action. The work breakdown structure in the Level III CPM Schedule is at an area level, and shall involve over two thousand (2,000) activities. The Level III CPM Schedule is developed with the assistance of and accepted by Contractor’s Key Personnel. All Major Equipment (including bulk material requirements) are scheduled at area level and detailed construction activities at each commodity level follow the same area concept. The Subcontract schedules are similarly developed for each area, as applicable.

  • Level I means a component of the federal PASRR requirement. Level I refers to the identification of individuals who are potential nursing facility admissions who have indicators of mental illness or developmental disabilities (42 CFR 483.128(a)).

  • Level 1 means a charging system that provides charging through a one-hundred- twenty volt AC plug with a cord connector that meets the SAE international J1772 standard or a successor standard.

  • Digital Signal Level 0 or "DS0" means the 64 Kbps zero-level signal in the time-division multiplex hierarchy.

  • Digital Signal Level 1 or "DS1" means the 1.544 Mbps first-level signal in the time-division multiplex hierarchy. In the time-division multiplexing hierarchy of the telephone network, DS1 is the initial level of multiplexing.

  • Level 5 means a project of greater than 2 MWac.

  • B-BBEE status level of contributor” means the B-BBEE status of an entity in terms of a code of good practice on black economic empowerment, issued in terms of section 9(1) of the Broad- Based Black Economic Empowerment Act;

  • Level 2 means a charging system that provides charging through a two-hundred- eight to two-hundred-forty volt AC plug with a cord connector that meets the SAE international J1772 standard or a successor standard.

  • Level IV Pricing applies on any day on which (i) the Borrower’s long-term debt is rated BBB+ or higher by S&P or Baa1 or higher by Moody’s and (ii) none of Level I Pricing, Level II Pricing or Level III Pricing applies.

  • Level 1 Support means qualifying and logging all Technical Support Incidents, answering technical inquiries via telephone support and email regarding the Work and performing limited diagnostic services.

  • Level I Pricing applies on any day on which the Borrower’s long-term debt is rated A+ or higher by S&P or A1 or higher by Moody’s.

  • Level 2 Support means, with the use of technical support specialists: (i) performing Defect isolation, Defect replication and interoperability testing; (ii) performing remote diagnostic services and on-site troubleshooting, if required; (iii) identifying the source of Defects; (iv) developing a reproducible test case for any Defect and documenting the details of such Defect for escalation to Level 3 Support; and (v) developing and implementing Workarounds where reasonably possible.

  • Level 4 means a project of greater than 550 kWac and not more than 1 MWac.