Long Term Debt Rating definition

Long Term Debt Rating means the rating assigned by S&P and Mxxxx’x to the long term, unsecured and unsubordinated indebtedness of the Borrower.

Long Term Debt Rating means the rating assigned by a Rating Agency to the senior long-term debt of Reliant Energy FinanceCo II LP (it being understood that a change in outlook status (e.g., watch status, negative outlook status) is not a change in rating as contemplated hereby).

Long Term Debt Rating means the rating assigned by S&P, Moody’s or Fitch to the long term, unsecured and unsubordinated indebtedness guaranteed by the non-regulated Subsidiaries of the Borrower; provided that, in the event that any such rating agency shall cease to issue such rating on the long term, unsecured and unsubordinated indebtedness guaranteed by the non-regulated Subsidiaries of the Borrower, the “Long Term Debt Rating” of such rating agency shall be the issuer rating assigned by such rating agency to the Borrower.

Examples of Long Term Debt Rating in a sentence

• Any change to the rate used in the computation of Facility Fee shall become effective on the day on which the Company's revised Long Term Debt Rating is published by the relevant Rating Agency.

• Community and governance assessments identify a need for more co-ordinated data collection and data management, particularly with respect to ground water and climate monitoring.

• Where the Company's Long Term Debt Rating as determined by one Rating Agency is of a different grade to that determined by the other Rating Agency, the higher of the two ratings shall apply for the purposes of calculating the Facility Fee.

• The Borrower will deliver to the Agent notice of any change by a Rating Agency in the Long Term Debt Rating, and the issuance by an additional Rating Agency of a Long Term Debt Rating, promptly upon the effectiveness of such change or issuance.

• The Company shall pay to the Agent for the account of each Lender a fee equal to the per annum percentage (as set forth in the following table opposite the Company's Senior Long Term Debt Rating) of the Commitments in effect from time to time.

More Definitions of Long Term Debt Rating

Long Term Debt Rating means, on any date, the Company's senior unsecured non credit-enhanced long term debt rating as determined by a Rating Agency.

Long Term Debt Rating means with respect to the Pledgor, the public rating assigned by S&P or Xxxxx’x, to the extent the Pledgor is rated by such organization, to the long term, unsecured and unsubordinated indebtedness of such party, or, if applicable, the Credit Support Provider.

Long Term Debt Rating appearing in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety as follows:

Long Term Debt Rating means the foreign currency rating assigned by S&P or Moody’s (as applicable) of the Borrower’s long-term senior unsecured debt.

Long Term Debt Rating means the rating assigned by S&P and Moody's to the long term, unsecured, senior indebtedness of the Borrower.

Long Term Debt Rating means the rating assigned by a Rating Agency to the Loans under this Agreement.

Long Term Debt Rating means, with respect to any Person, the rating published by a national rating agency with respect to the unsecured Indebtedness without third party credit support of such Person having a maturity date of not less than five years from the date of issuance.