Level IV definition

Level IV and “Level V”: the respective Level set forth below: 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 IV means the most serious acts of misconduct, which are so serious, they may require the intervention of outside agencies and/or law enforcement. Health, safety and well-being are seriously threatened by this level of act.
Level IV means a residential care home licensed and required to provide room, board, personal care, general supervision and medication management as defined by these regulations.

Examples of Level IV in a sentence

  • Limited Category for Access Level IV Persons: Access Level IV Persons shall only be required to report the following information in their initial and annual holdings reports: An Independent Board Member of John Hancock Trust must report any Insurance Contracts.

  • Broker Letter/Duplicate Confirm Statements Applies to: All Access Levels excluding Access Level IV In accordance with Rule 17j-1(d)(2) under the 1940 Act and Rule 204A-1(b) under the Advisers Act, you are required to report to Code of Ethics Administration each transaction in any reportable security.

  • Rates exceeding this amount must be documented and justified as to why the person or persons command a higher salary rate.Information on future Executive Level IV salary rates may be found at the Office of Personnel Management website: http://opm.gov.

  • In no event, however, shall such compensation exceed the equivalent of the daily rate paid for Level IV of the Executive Schedule.

  • A student who commits a Level IV offense may also be subject to criminal proceedings.


More Definitions of Level IV

Level IV shall exist at any time the Total Leverage Ratio is greater than or equal to 4.00:1.0 but less than 4.50:1.0.
Level IV means that the student achieves at an advanced level. Students performing at this level consistently perform in a superior manner clearly beyond that required to be proficient at grade level work.
Level IV shall exist at any time the Total Leverage Ratio is less than 1.00:1.
Level IV applies on any day if, on such day, the applicable Leverage Ratio is 4.00:1 or greater.
Level IV has the meaning specified in Section 2.09(a)(ii).
Level IV applies on any day if, on such day, the applicable Funded Debt Ratio is equal to or less than 1.00:1.