Other Rating Agency Eligible Assets definition

Other Rating Agency Eligible Assets means assets of the Company designated by any Other Rating Agency as eligible for inclusion in calculating the Agency Discounted Value of the Company’s assets in connection with such Other Rating Agency’s rating of any series of MRP Shares.
Other Rating Agency Eligible Assets means assets of the Corporation designated by any Other Rating Agency as eligible for inclusion in calculating the discounted value of the Corporation's assets in connection with such Other Rating Agency's rating of the Preferred Shares.
Other Rating Agency Eligible Assets means assets of the Company set forth in the Other Rating Agency Guidelines of each Other Rating Agency as eligible for inclusion in calculating the Agency Discounted Value of the Company’s assets in connection with the Other Rating Agency’s rating of Senior Securities.

Examples of Other Rating Agency Eligible Assets in a sentence

  • For so long as VMTP Shares of any Series are Outstanding, the Fund shall maintain, on each Valuation Date, and shall verify to its satisfaction that it is maintaining on such Valuation Date, Fitch Eligible Assets (if Fitch is then rating the VMTP Shares) and Other Rating Agency Eligible Assets (if any Other Rating Agency is then rating the VMTP Shares) having an aggregate Discounted Value that will cause each applicable Overcollateralization Ratio to be equal to or greater than 100%.

  • The Trust will also deliver an APS Basic Maintenance Report to S&P (if S&P is then rating the APS) and any Other Rating Agency which is then rating the APS and so requires, on any Valuation Date that (i) the Discounted Value of S&P Eligible Assets (if S&P is then rating the APS) or Other Rating Agency Eligible Assets as contemplated above, as the case may be, is greater than the APS Basic Maintenance Amount by five percent or less or (ii) on any date which the Trust redeems Common Shares or APS.

  • The Trust will also deliver an APS Basic Maintenance Report to S&P (if S&P is then rating the APS) and any Other Rating Agency which is then rating the APS and so requires, (i) on any Valuation Date that the Discounted Value of S&P Eligible Assets (if S&P is then rating the APS) or Other Rating Agency Eligible Assets as contemplated above, as the case may be, is greater than the APS Basic Maintenance Amount by five percent or less or (ii) on any date on which the Trust redeems Common Shares or APS.


More Definitions of Other Rating Agency Eligible Assets

Other Rating Agency Eligible Assets means assets of the Fund set forth in the Other Rating Agency Guidelines as eligible for inclusion in calculating the Discounted Value of the Fund's assets in connection with Other Rating Agency ratings of VRDP Shares.
Other Rating Agency Eligible Assets means assets of the Corporation set forth in the Other Rating Agency Guidelines as eligible for inclusion in calculating the Discounted Value of the Corporation's assets in connection with Other Rating Agency ratings of shares of a Series of VRDP Shares at the request of the Corporation.
Other Rating Agency Eligible Assets means assets of the Trust set forth in the Other Rating Agency Guidelines as eligible for inclusion in calculating the Discounted Value of the Trust's assets in connection with an Other Rating Agency's long-term preferred share ratings of shares of a Series of VRDP Shares at the request of the Trust.
Other Rating Agency Eligible Assets means assets of the Fund designated by any Other Rating Agency as eligible for inclusion in calculating the discounted value of the Fund assets in connection with such Other Rating Agency’s rating of the Series A Preferred Shares.
Other Rating Agency Eligible Assets means assets of the Issuer set forth in the Other Rating Agency Guidelines of each Other Rating Agency as eligible for inclusion in calculating the Discounted Value of the Issuer’s assets in connection with the Other Rating Agency’s rating of Tortoise Notes.
Other Rating Agency Eligible Assets means assets of the Issuer set forth in the Other Rating Agency Guidelines of each Other Rating Agency as eligible for inclusion in calculating the Discounted Value of the Issuer's assets in connection with the Other Rating Agency's rating of Tortoise Notes.
Other Rating Agency Eligible Assets means assets of the Fund set forth in the Rating Agency Guidelines of an Other Rating Agency, if any, as eligible for inclusion in calculating the Discounted Value of the Fund’s assets in connection with the rating provided by such Other Rating Agency with respect to any Series of RVMTP Shares.