Morningstar DBRS definition

Morningstar DBRS means DBRS, Inc., and its successors in interest.
Morningstar DBRS means DBRS Limited, or its successor;
Morningstar DBRS means DBRS, Inc., or any successor that is a nationally recognized statistical rating organization.

Examples of Morningstar DBRS in a sentence

  • Xxxxxxxx Xxxx., Xxxxx 000 Glendale, Colorado 80246 Attention: Legal Department Email: XXXXxxxxxx@xxxxxxx.xxx If to S&P: S&P Global Ratings 00 Xxxxx Xxxxxx New York, New York 10041 Attention: Asset Backed Surveillance Department If to DBRS Morningstar: DBRS, Inc.


More Definitions of Morningstar DBRS

Morningstar DBRS means DBRS Limited, which was acquired by Morningstar, Inc. on July 2, 2019; “MoveUP” means Canadian Office and Professional Employees Union Local 378, which operates as MoveUP; “NGTL” means NOVA Gas Transmission Ltd., a subsidiary of TC Energy Corporation;
Morningstar DBRS means DBRS, Inc. “Mortgage” means a mortgage, deed of trust or deed to secure debt, as applicable, for each Property or for multiple Properties located within the same county or parish, dated as of the Closing Date (or, in connection with a Property which is a Substitute Property, dated as of the Substitution Date), executed and delivered by Borrower, constituting a Lien or security title on the Improvements and the Property or Properties, as applicable, as Collateral for the Loan, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time. “Mortgage Documents” means the Mortgages, the Assignments of Leases and Rents and the Fixture Filings. “Multiemployer Plan” means a “multiemployer plan” within the meaning of Section 414(f) of the Code or Section 3(37) of ERISA to which contributions are required to be made by any Loan Party or any of its ERISA Affiliates or to which any such entity has any liability. “Net Assets” means, with respect to any Person, the difference between (i) the fair market value of such Person’s assets and (ii) such Person’s liabilities determined in accordance with GAAP, but without deducting for depreciation with respect to any real estate assets. “Net Proceeds” means (i) the net amount of all insurance proceeds received by Lender pursuant to Section 5.1.1(a)(i) and (iii) as a result of damage to or destruction of a Property, after deduction of its reasonable costs and expenses (including, but not limited to, reasonable counsel fees), if any, in collecting same (“Insurance Proceeds”), or (ii) the net amount of an Award, after deduction of Lender’s reasonable costs and expenses (including, but not limited to, reasonable counsel fees), if any, in collecting same (“Condemnation Proceeds”), whichever the case may be. “Net Transfer Proceeds” means, with respect to the Transfer of any Property, the gross sales price for such Property (including any xxxxxxx money, down payment or similar deposit included in the total sales price paid by the purchaser), less Transfer Expenses. “Non-Property Taxes” means all Taxes other than Property Taxes and Other Charges.
Morningstar DBRS means DBRS Limited, which was acquired by Morningstar, Inc. on July 2, 2019;

Related to Morningstar DBRS

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

  • KBRA means Xxxxx Bond Rating Agency, Inc. and its successors in interest.

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

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

  • Fitch means Fitch Ratings, Inc.

  • 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.

  • Moody’s means Xxxxx’x Investors Service, Inc. and any successor thereto.

  • Fitch Rating means, at any time, the rating issued by Fitch and then in effect with respect to the Borrower’s senior unsecured long-term public debt securities without third party credit enhancement (it being understood that if the Borrower does not have any outstanding debt securities of the type described above but has an indicative rating from Fitch for debt securities of such type, then such indicative rating shall be used for determining the “Fitch Rating”).

  • Standard & Poor s” or “S&P” means S&P Global Ratings, a division of S&P Global Inc., a corporation organized and existing under the laws of the State of New York, and its successors and assigns, and, if such corporation shall be dissolved or liquidated or shall no longer perform the functions of a securities rating agency, Standard & Poor's shall be deemed to refer to any other nationally recognized securities rating agency designated by the Issuer.

  • 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.

  • Standard & Poor’s means Standard & Poor’s Ratings Services, a Standard & Poor’s Financial Services LLC business.

  • BBB by Standard & Poor's or "Baa2" by Moody's, as promptly as practicabxx xxx in any case within 90 days of the event, the Master Servicer shall, at its expense, either

  • Baa2 or higher by Moody's with respect to any outstanding long-term unsecured unsubordinated debt, and, in the case of a successor Trustee or successor Securities Administrator other than pursuant to Section 10.10, rated in one of the two highest long-term debt categories of, or otherwise acceptable to, each of the Rating Agencies. The Trustee shall not be an Affiliate of the Master Servicer. If the Trustee publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section 10.06 the combined capital and surplus of such corporation shall be deemed to be its total equity capital (combined capital and surplus) as set forth in its most recent report of condition so published. In case at any time the Trustee or the Securities Administrator, as applicable, shall cease to be eligible in accordance with the provisions of this Section 10.06, the Trustee or the Securities Administrator shall resign immediately in the manner and with the effect specified in Section 10.08.

  • Substitute Rating Agency means a “nationally recognized statistical rating organization” within the meaning of Section 3(a)(62) under the Securities Exchange Act of 1934, as amended, selected by the Company (as certified by a resolution of the Company’s board of directors) as a replacement agency for Moody’s or S&P, or both, as the case may be.

  • Standard and Poor’s means Standard and Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies, Inc., and any successor or successors thereto.

  • 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.