Prime quality definition

Prime quality of an investment means that it is within the top four rating categories in any rating service recognized by the commissioner unless the commissioner determines for any licensee that only those investments in the top three rating categories qualify as "prime quality".
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Prime quality of an investment means that it is within the top
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Prime quality shall be as rated by at least two of the following: Moody’s, within its NCO/▇▇▇▇▇’▇ rating of prime 1, by S&P, within its rating of A-1, by Fitch, within its rating of F-1, or by their corporate successors, provided that at the time of any such investment:
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Examples of Prime quality in a sentence

  • Please refer to “Check-list for Inspection of Prime quality CRGO for Transformers” attached at Annexure-A.


More Definitions of Prime quality

Prime quality of an investment means that it is within the top four rating categories in any rating service recognized by the commissioner unless the commissioner
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Prime quality of an investment means that it is within the top four rating categories in any
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Related to Prime quality

  • indenture to be qualified means this Indenture.

  • pre-qualification means a screening process designed to ensure that invitations to bid are confined to capable providers;

  • National Ambient Air Quality Standards or “NAAQS” means national ambient air quality standards that are promulgated pursuant to Section 109 of the Act, 42 U.S.C. § 7409.

  • Water quality means the chemical, physical and biological condition of water.

  • the qualifying period means the period of 12 years immediately preceding the date of publication of the advertisements referred to in paragraph (A)(iv) above or of the first of the two advertisements to be published if they are published on different dates; and