Level 4 definition

Level 4 means a project of greater than 550 kWac and not more than 1 MWac.
Level 4 means that, as of any date of determination, the criteria of none of Level 1, Level 2 or Level 3 are satisfied and the Long-Term Debt carries either of the following ratings:
Level 4 means that either (a) S&P shall have assigned a rating lower than A but at least A- or (b) Moody's shall have assigned a rating lower than A2 but at least A3.

Examples of Level 4 in a sentence

  • An Error is Severity Level 4, when there is an issue that relates to improvement of performance or functionality, or there is an issue for which a permanent workaround has been provided.

  • Disciplinary action shall range from Level 1 (least severe) to Level 4 (discharge).

  • If requested by the employee or the Employer, an Association representative shall attend a meeting called for the purpose of imposing Level 3 or Level 4 disciplinary action.

  • Level 4 will involve discharge and will be for serious problems or for continuing problems after the employee fails to respond properly to Level 2 or Level 3 discipline.

  • Before imposing Level 3 or Level 4 discipline, the Employer shall (in addition to any investigatory interview) offer an employee an informal hearing during which the employee is informed of the allegations against them and the general nature of the evidence and is given an opportunity to respond by providing evidence and explanation.


More Definitions of Level 4

Level 4 means that, as of any date of determination, the criteria of none of Xxxxx 0, Xxxxx 0 or Level 3 are satisfied and the Long-Term Debt carries either of the following ratings: “BBB+” from S&P “Baa1” from Moody’s.
Level 4 means, in the case of Integrated Master’s Degrees, that phase of a programme of study corresponding to the fourth session of full-time undergraduate study.
Level 4 or "live action" means that a drill is run in game-like conditions and is the only time that players are taken to the ground.
Level 4 means that, as of any date of determination, the applicable Rating is equal to BBB+ (in the case of a Rating from S&P), Baa1 (in the case of a Rating from Moody’s) or BBB+ (in the case of a Rating from Fitch), as applicable, as of such date of determination.
Level 4 means that, as of any date of determination, the higher of the Ratings is equal to or lower than BBB+ or Baa1, as applicable, as of such date of determination, or the only Rating is a private rating and the Borrower will not authorize the applicable rating agency to make such Rating available to the Agent and the Lenders.
Level 4 means that, as of any date of determination, the applicable Rating is equal to BBB+ (in the case of a Rating from S&P) or Baa1 (in the case of a Rating from Moody’s), as applicable, as of such date of determination.
Level 4 means any period (other than a Xxxxx 0 Xxxxxx, Xxxxx 0 Period or Level 3 Period) during which the Senior Unsecured Debt Rating is better than or equal to at least one of the following ratings: (i) BBB- by S&P and/or (ii) Baa3 by Xxxxx'x.