Minimum Rating Requirement definition

Minimum Rating Requirement means that there shall be in existence Ratings equal to or higher than the Specified Threshold from at least two Rating Agencies at any particular time;
Minimum Rating Requirement means that the Notes have been publicly assigned an investment grade rating BBB- or above in the case of S&P, Baa3 or above in the case of Moody’s, or, where an Adjustment Substitute Rating Agency has been substituted by the Issuer, a comparable rating or above by at least one of the Adjustment Rating Agencies
Minimum Rating Requirement means that there shall be in existence a Rating equal to or higher than the Specified Threshold from at least one Rating Agency at any particular time;

Examples of Minimum Rating Requirement in a sentence

  • We select only the vocabulary that appears enough time (20 at least) to be considered as relevant because well used in the domain.

  • Failure to maintain a Swap provider holding the Minimum Rating Requirement during the embedded Swap period will require replacement of the Swap provider within ten business days.


More Definitions of Minimum Rating Requirement

Minimum Rating Requirement means that the Notes have been publicly assigned an Investment Grade credit rating by at least two of the Rating Agencies and have not been publicly assigned a Non-Investment Grade rating by any Rating Agency as at any particular time except that any credit rating assigned and published by a Rating Agency on an unsolicited basis shall not be deemed to be "publicly assigned" for the purposes of this definition;
Minimum Rating Requirement means (A) with respect to Xxxxx'x, a long-term credit rating of at least Baa3; and (B) with respect to S&P, long-term credit rating of at least BBB-.
Minimum Rating Requirement means the rating requirement described in Section 11.16(b).
Minimum Rating Requirement means a long term debt rating of Baa2 by Xxxxx’x or BBB by S&P.
Minimum Rating Requirement means (A) with respect to Moody's, a long-term senior unsecured debt rating, counterparty ratinx, or long-term deposit-paying rating of at least A2 or a financial strength rating of at least A2 (or, in the event that Moody's does not provide the long-term or other types of ratxxxx xxferred to above with respect to the Trust, a commercial paper or short-term rating of at least P-2); and (B) with respect to S&P, a long-term senior unsecured debt rating, counterparty rating, financial program rating or certificate of deposit rating of at least A or a financial strength rating of at least A (or, in the event that S&P does not provide the long-term or other types of ratings referred to above with respect to the Trust or the Trust's Credit Support Provider, a commercial paper rating or short-term rating of A-2).
Minimum Rating Requirement means a long-term credit rating of at least “BBB” as rated by Standard & Poor’s (or, if Standard & Poor’s hereafter ceases the publication of ratings for banks, a long-term credit rating of a reputable rating agency as reasonably designated by Sublandlord that most closely approximates a Standard & Poor’s rating of “BBB” as of the date hereof); and (ii) the termEligible Issuer” shall mean a bank that meets the criteria set forth in this Section 17(e) for a bank which is the issuer of the original Letter of Credit.
Minimum Rating Requirement means that the Notes have been publicly assigned an investment grade rating BBB- or above in the case of S&P, Baa3 or above in the case of Moody’s, or, where an