Morningstar DBRS definition

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

Morningstar DBRS means DBRS, Inc., or any successor that is a nationally recognized statistical rating organization.

Morningstar DBRS. DBRS, Inc. or its successor in interest. If neither DBRS, Inc., nor any successor remains in existence, “Morningstar DBRS” shall be deemed to refer to such other nationally recognized statistical rating agency or other comparable Person reasonably designated by the Depositor, notice of which designation shall be given to the Servicer, the Special Servicer, the Trustee and the Certificate Administrator and specific ratings of Morningstar DBRS herein referenced shall be deemed to refer to the equivalent ratings of the party so designated.

Examples of Morningstar DBRS in a sentence

• During the three months ended March 31, 2023, the Company recognized interest expense on its Series B, Series D, Series E and Series F debentures of $2.8, $2.3, $1.9 and $1.3 respectively (three months ended March 31, 2022 – $2.8,$2.3,$1.9 and $1.3 respectively).The debentures have received a rating of AA (low) with Stable trend from DBRS Morningstar ("DBRS").

• Morningstar DBRS reaffirmed the Company's issuer rating and unsecured debt/medium-term notes rating of BBB (low) and the Company's preferred shares rating of Pfd-3 (low), all with stable outlook, and S&P Global Ratings reaffirmed the Company's senior unsecured debt rating and issuer credit rating of BB+ with stable outlook.

• There is no assurance that a rating will remain in effect for any given period of time or that a rating will not be lowered, withdrawn or revised by Morningstar DBRS, S&P or Moody’s if, in their judgment, circumstances so warrant.

• Long-term rating categories for Morningstar DBRS and S&P range from highest credit quality (generally “AAA”) to default in payment (generally “D”).

• The outstanding principal amount of $250.0 and the accrued interest of $5.6 were repaid in full on the maturity date.The debentures have received a rating of AA (low) with Stable trend from DBRS Morningstar ("DBRS").

• The rating trend indicates the direction in which Morningstar DBRS considers the rating is headed should present tendencies continue.

• The Company has an investment grade credit rating from DBRS Morningstar ("DBRS") (stable outlook).

• Carige is rated by the international rating agencies Fitch Ratings Ireland Limited ("Fitch"), and Moody's France SAS ("Moody's") and DBRS Morningstar ("DBRS").

• See "Non-GAAP Financial Measures." • Investment grade credit rating of BBB reaffirmed by Morningstar DBRS.

• The Company has an investment grade credit rating from Morningstar DBRS (stable outlook).

More Definitions of Morningstar DBRS

Morningstar DBRS means DBRS, Inc. and its successor in interest.

Morningstar DBRS means DBRS Limited, which was acquired by Morningstar, Inc. on July 2, 2019;

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

Morningstar DBRS means DBRS Limited (DBRS Morningstar) and any successor to its rating agency business. "Note Parties" means, collectively, the Issuer and the Guarantors and "Note Party" means any one of them. "Noteholders" or "holders" means any registered holder, from time to time, of the Notes.

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;