Qualified Issuer definition

Qualified Issuer any commercial bank (a) which has capital and surplus in excess of $250,000,000 and (b) the outstanding long-term debt securities of which are rated at least A by S&P or at least A2 by Moody’s, or carry an equivalent rating by a nationally recognized rating agency if both of the rating agencies named herein cease publishing ratings of investments.
Qualified Issuer means any commercial bank (a) which has capital and surplus in excess of $100,000,000 and (b) the outstanding long term debt securities of which are rated at least A-2 by Standard & Poor’s Ratings Group, Inc. or at least P-2 by Xxxxx’x Investors Service, Inc., or carry an equivalent rating by a nationally recognized rating agency if both of the two named rating agencies cease publishing ratings of investments.
Qualified Issuer means any commercial bank that has a combined capital and surplus in excess of $500.0 million.

Examples of Qualified Issuer in a sentence

  • The Qualified Issuer is a Certified CDFI, or an entity designated by a Certified CDFI to issue Bonds on its behalf, that meets the requirements of the Regulations and this NOGA, and that has been approved by the CDFI Fund pursuant to review and evaluation of its Qualified Issuer Application.

  • Each Qualified Issuer and Eligible CDFI will be required to have an independent third-party conduct an Annual Assessment of its Bond Loan portfolio.

  • This NOGA invites interested parties to submit a Qualified Issuer Application to be approved as a Qualified Issuer under the CDFI Bond Guarantee Program.

  • The Qualified Issuer Application must provide information that demonstrates that the Qualified Issuer’s Program Administrator has the expertise, capacity, experience, and qualifications necessary to perform certain required administrative duties (including, but not limited to, compliance monitoring and reporting functions).

  • The Qualified Issuer applicant must demonstrate that it has (either directly or contractually through another designated entity) the appropriate expertise, capacity, experience, and qualifications, or is otherwise qualified to serve as Program Administrator.


More Definitions of Qualified Issuer

Qualified Issuer means a United States office of a commercial bank or trust company organized under the laws of the United States of America or a political subdivision thereof or a foreign bank with a branch office located in the United States and unaffiliated to Shipper and, in either case, (A) subject to supervision or examination by a federal or state authority of the United States of America, (B) having a Credit Rating of BBB or higher by Standard and Poor’s or Baa or higher by Moody's Investment Services and (C) having a minimum asset base of at least $5,000,000,000.
Qualified Issuer means an issuer actively engaged in property development as a principal business activity. For determining whether property development is a principal activity of an issuer, consideration will be given to the following factors:
Qualified Issuer means any FDIC-insured depository institution that is “well capitalized” as defined in 12 U.S.C. § 1831o (b)(1)(A), is in the business of issuing letters of credit and maintains offices in either or both of New York City, NY and Washington, DC. where presentation and drawings on such letters of credit can be duly made.
Qualified Issuer means a U.S. commercial bank (or a foreign bank with a U.S. branch) having total assets of at least One Billion Dollars ($1,000,000,000) and a Credit Rating of no less than (as applicable): (a) “A-” from S&P, or (b) “A3” from Xxxxx’x, or (c) if such bank has a Credit Rating at such time from both S&P and Xxxxx’x, “A-” from S&P and “A3” from Xxxxx’x. If such rating is A- or equivalent to A-, such issuer must not be on negative credit watch or have a negative outlook by any rating agency.
Qualified Issuer means a U.S. commercial bank or a foreign bank with a U.S. branch with such bank (a) having a Credit Rating of at least A- with an outlook designation of “stable” from S&P or A3 with an outlook designation of “stable” from Moody’s or (b) ) being reasonably acceptable to Buyer.
Qualified Issuer means any bank or trust company authorized to engage in the banking business that is organized under or licensed as a branch or agency under the laws of the United States of America or any state thereof that has an Acceptable Credit Rating.
Qualified Issuer means a Person that has a current long-term credit rating (corporate or long-term senior unsecured debt) of (1) “A2” or higher by Xxxxx’x Investors Service, Inc.; or