Nationally Recognized Statistical Organization definition

Nationally Recognized Statistical Organization means a nationally recognized statistical rating organization within the meaning of Section 3(a)(62) under the Exchange Act.
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Nationally Recognized Statistical Organization means a nationally recognized statistical rating organization within the meaning of Section 3(a)
Sample 1Sample 2
Nationally Recognized Statistical Organization means a nationally recognized statistical rating organization within the meaning of Section 3(a) (62) under the Exchange Act.
Sample 1

Examples of Nationally Recognized Statistical Organization in a sentence

  • Bankers’ acceptances must be rated “A-1” or its equivalent or higher by Nationally Recognized Statistical Organization (NRSRO) to be eligible for purchase.

  • Obligations eligible for investment under this subdivision shall be rated in a rating category of “A” or its equivalent or higher by a Nationally Recognized Statistical Organization (NRSRO).

  • Negotiable CD's must be rated in a rating category of “A” or its equivalent or higher by a Nationally Recognized Statistical Organization (NRSRO) to be eligible for a purchase.

  • As authorized in Government Code Section 53601(h), 25% of the City’s portfolio may be invested in commercial paper of “prime quality of the highest ranking or of the highest letter and number rating as provided for by Nationally Recognized Statistical Organization (NRSRO).


More Definitions of Nationally Recognized Statistical Organization

Nationally Recognized Statistical Organization means a nationally recognized statistical rating organization within the meaning of Section 3(a)(62) under the Exchange Act. 238 “Natixis” shall have the meaning assigned to such term in the preamble.
Sample 1

Related to Nationally Recognized Statistical Organization

  • Investment Grade means a rating of Baa3 or better by Moody’s (or its equivalent under any successor rating categories of Moody’s); a rating of BBB- or better by S&P (or its equivalent under any successor rating categories of S&P); and the equivalent investment grade credit rating from any additional Rating Agency or Rating Agencies selected by the Company.

  • Rating Agency means only those rating agencies that are engaged from time to time to rate the securities issued in connection with the Securitizations of the Notes.

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

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

  • NRSRO A nationally recognized statistical rating organization within the meaning of Section 3(a)(62) of the Exchange Act.