Long Term Credit Rating definition

Long Term Credit Rating means the credit rating or ratings (as the case may be) from time to time assigned by Moody's and/or Standard & Poor's to the long term senior unsecured debt of the Parent Guarantor.
Long Term Credit Rating means, at any time in respect of a Rating Agency: A. the long term credit rating published at that time by that Rating Agency in respect of Mittal Steel Company N.V.’s unsubordinated unsecured debt; or B. if such a rating has not at that time been given by that Rating Agency, the long term corporate credit rating given to Mittal Steel Company N.V. at that time by that Rating Agency.
Long Term Credit Rating means any of the following: (i) long-term issuer rating for Moody’s, (ii) long-term issuer credit for S&P, or (iii) long-term issuer default rating for Fitch.

Examples of Long Term Credit Rating in a sentence

  • Short Term Credit Rating - A2 Long Term Credit Rating - BBB+ The rating of the municipality is stable and represents the following: A2 – Good GradeGood certainty of timely payment.

  • Appendix E3 Long Term Credit Rating Definition There are many grades of long term ratings, below are the Investment Grades only.

  • Exhibit G – Analysis of Long Term Credit Rating Scale used by Major Credit Rating Organizations.

  • Therefore, the author is interested inconducting further research on customary land disputes by elevating it into a thesis with the title: "THE ROLE OF THE TRADITIONAL HEAD IN THE SETTLEMENT OF ULAYAT LAND DISPUTES THROUGH MEDIATION"Role as a Mediator in land disputes to obtain a dispute resolution.

  • If the same Margin is not applicable to the Long Term Credit Ratings given by each Rating Agency that at the relevant time has given a Long Term Credit Rating, the applicable Margin will be the average of the Margins applicable to the relevant Long Term Credit Ratings given to the Company by the Rating Agencies at the relevant time, as set out in the table in sub-paragraph (a)(ii) above.

  • The researcher attempted to overcome such intimidation by reassuring and encouraging each participant during the interviewing process.

  • Banks must be at least A- rated per the Fitch Long Term Credit Rating or at least Aa3- rated based on the Moody’s long-term rating. The Company has no tolerance for unauthorised credit (including counterparty) limit breaches. The Company seeks to lend securities under repo with investment grade counterparties only (> BB+).

  • Exposure to an individual institution will be restricted by their credit rating so that single entity exposure is limited, as detailed in the table below: S&P Long Term Credit Rating Category*S&P Short Term Credit Rating Category** or Moody’s / Fitch equivalents If any of the Council’s investments are downgraded such that they no longer fall within the investment policy, they will be divested as soon as practicable.

  • Unless defined otherwise or unless the context otherwise requires, capitalised words used in this Agreement shall have the meaning given to them in this Schedule: Acceptable Long Term Credit Rating means a credit rating (which shall not be more than six (6) months old) from (i) either Xxxxx’x Investor Services, of “BA” or higher;, or (ii) from Standard & Poors, of “BB” or higher.

  • The following issuer credit rating limits shall apply for all portfolios: Short Term Credit Rating A-1, P-1, F1, MIG-1 or better Long Term Credit Rating A, A2 or better Asset-Backed Securities AAA or Aaa Pre-Refunded issues 100% escrowed with US Government related securities may be unrated, with an implied US Government equivalent rating.


More Definitions of Long Term Credit Rating

Long Term Credit Rating means the solicited long term senior and unsecured credit rating confirmed to the Borrower by S&P and Moodx'x (xx whichever of them is rating the Borrower at the relevant time) on or after the date of this Agreement.
Long Term Credit Rating means the rating assigned by Moody's in respect of long term unsecured and unsubordinated debt obligations (not supported by third party credit enhancement).
Long Term Credit Rating means with respect to an issuer or obligor (i) the long-term issuer credit rating of such issuer or obligor or (ii) the long-term credit rating for the senior unsecured debt of such issuer or obligor.

Related to Long Term Credit Rating

  • Credit Rating means the rating assigned by a Rating Agency to the senior unsecured long term Indebtedness of a Person.

  • Long-Term Rating has the meaning specified in the Intercreditor Agreement.

  • Acceptable Credit Rating means a minimum long term credit rating of either BBB from Standard & Poors or Baa2 from Xxxxx’x; Access Undertaking means:

  • Investment Grade Credit Rating means (a) with respect to Fitch, a credit rating of BBB- or higher, (b) with respect to Xxxxx’x, a credit rating of Baa3 or higher and (c) with respect to S&P, a credit rating of BBB- or higher.

  • Applicable Credit Rating For any long-term deposit or security, a credit rating of "AAA" in the case of S&P or "Aaa" in the case of Xxxxx'x. For any short-term deposit or security, a rating of "A-l+" in the case of S&P or "P-1" in the case of Xxxxx'x.

  • Credit Rating Agency means a nationally recognized credit rating agency that evaluates the financial condition of issuers of debt instruments and then assigns a rating that reflects its assessment of the issuer’s ability to make debt payments.

  • Highest Credit Rating Available The highest rating category (disregarding any plus or minus or any numerical or other subcategory) of any Rating Agency. Holders: With respect to the Trust Fund, all of the Certificateholders of REMIC Certificates. With respect to the Lower Tier REMIC, the RL Class Certificateholder and the Trustee, as the case may be, as holders of the Lower Tier Interests.

  • S&P Global Ratings means S&P Global Ratings, a division of S&P Global.

  • 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.

  • Rating Level means, with respect to any rating agency, each rating subcategory or “notch” of such rating agency , giving effect to pluses and minuses (or similar designations). By way of illustration, BBB+, BBB and BBB- are each separate Rating Levels of S&P.

  • Moody s” means Moody’s Investors Service, Inc.

  • 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.

  • Applicable Rating Level at any time and for any Borrower shall be determined in accordance with the then-applicable S&P Rating and the then-applicable Xxxxx’x Rating for such Borrower as follows: S&P Rating A or higher or Xxxxx’x Rating A2 or higher 1 S&P Rating A- or higher or Xxxxx’x Rating A3 or higher 2 S&P Rating BBB+ or Xxxxx’x Rating Baa1 3 S&P Rating BBB or Xxxxx’x Rating Baa2 4 S&P Rating BBB- or Xxxxx’x Rating Baa3 5 S&P Rating BB+ or below or Xxxxx’x Rating Ba1 or below, or no S&P Rating or Xxxxx’x Rating 6 The Applicable Rating Level for any Borrower and for any day shall be determined based upon the higher of the S&P Rating and the Xxxxx’x Rating for such Borrower in effect on such day. If the S&P Rating and the Xxxxx’x Rating are not the same (i.e., a “split rating”), the higher of such ratings shall control, unless (i) the ratings differ by more than one level, in which case the rating one level below the higher of the two ratings shall control, or (ii) either rating is below BBB- or Baa3 (as applicable), in which case the lower of the two ratings shall control.

  • Index Debt Rating means the S&P Rating, the Xxxxx’x Rating and the Fitch Rating.

  • DBRS means DBRS, Inc., and its successors in interest.

  • Mxxxx’x Rating means, with respect to a Reference Obligation, as of any date of determination:

  • Required Deposit Rating means the short-term credit rating of the related entity is at least equal to P-1 by Moody's, A-1+ by Standard & Poor's and F1 by Fitch.

  • Moody’s Rating means, at any time, the rating issued by Moody's and xxxx xx effect with respect to the Borrower's senior unsexxxxx xong-term debt securities without third-party credit enhancement.

  • Designated Rating means, for a security or instrument, a rating issued by a designated rating organization, or its DRO affiliate, that is at or above one of the following rating categories, or that is at or above a category that replaces one of the following rating categories, if

  • Xxxxx’x Rating means, at any time, the rating issued by Xxxxx’x and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.

  • Approved Ratings Threshold means each of the S&P Approved Ratings Threshold and the Moody’s First Trigger Ratings Threshold.

  • Debt Rating has the meaning specified in the definition of “Applicable Rate.”

  • Moody’s means Xxxxx’x Investors Service, Inc.

  • Specified Rating means, for the Class A(2018-1) Notes, Aaa(sf) with respect to Xxxxx’x, AAA(sf) with respect to Standard & Poor’s and AAAsf with respect to Fitch.

  • Required Rating means a short-term unsecured debt rating of “A-1+” by S&P Global Ratings and “F1+” by Fitch.

  • Fitch means Fitch Ratings, Inc., and its successors in interest.