Rating Agency Requirements definition

Rating Agency Requirements means such requirements as the Rating Agencies may impose as a condition to their assigning to the Certificates such ratings as may be acceptable to Lender. Borrower acknowledges that Lender has advised Borrower that the Loan and/or Certificates are contemplated to include the highest ratings assigned by the Rating Agencies.
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Rating Agency Requirements means the Fitch Requirements and the DBRS Requirements, as defined below.
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Rating Agency Requirements is defined in Section 9.1(d).
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Examples of Rating Agency Requirements in a sentence

  • The Issue Terms will specify whether the Charged Assets may be substituted from time to time in whole or in part for alternative charged assets, subject to any Rating Agency Requirements, and, if substitution is applicable, whether such substitution is on the Nominal Basis, the Market Value Basis or the Fair Value Basis.

  • Re‑read Rating Agency Requirements and Avoid “Drafting Creep”The various rating agencies have published their respective requirements for single purpose entities and separateness.7 Over time, drafters have embellished the rating agency requirements in loan documents by adding features beyond those need- ed to meet rating agency requirements.

  • Confirm with Financial Advisor Rating Schedule for the Bonds and any special Rating Agency Requirements January 20226.

  • Darrow, et al., Rating Agency Requirements in 1 Securitization of Financial Assets, supra note 19.

  • The Issue Terms will specify whether the Charged Assets may be substituted from time to time in whole or in part for alternative charged assets, subject to any Rating Agency Requirements, and, if substitution is applicable, whether such substitution is on theNominal Basis, the Market Value Basis or the Fair Value Basis.

  • Regulatory or Rating Agency Requirements In connection with a prospective leasehold mortgagee’s due diligence review, regulatory and rating agency requirements define the “financeability” of a ground lease.


More Definitions of Rating Agency Requirements

Rating Agency Requirements means such requirements as the Rating Agencies may impose as a condition to their assigning a rating to the Securities as may be acceptable to Lender. Each of Borrower and Maryland Owner acknowledges that Lender has advised each of Borrower and Maryland Owner that one or more classes of the Securities are contemplated to receive the highest long-term investment grade rating category from each Rating Agency.
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Rating Agency Requirements means the requirements of the Rating Agency.
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Rating Agency Requirements means any: (a) requirements of any rating agency that rates or has rated any securities issued pursuant to a securitization that includes any interest in any indebtedness secured by a Leasehold Mortgage; or (b) standards or criteria that any such rating agency requires to be satisfied for any such securities to obtain or maintain any specified rating or to maximize the face amount of any securities qualifying for a particular rating.
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Rating Agency Requirements means a minimum financial strength rating for the operating companies of A- from AM Best and S&P;
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Rating Agency Requirements means such requirements as the Rating Agencies may impose, after such discussions as GSMC (in its sole discretion) shall determine to be appropriate, as a condition to their assigning to the Loan or any Certificates such ratings as may be acceptable to GSMC. Borrower and Borrower Parent/Sponsor acknowledge that the Loan and/or Certificates are contemplated to include the highest ratings assigned by the Rating Agencies.
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Rating Agency Requirements means the Moody's Requirements, the S&P Requirements and the Fitch Requirements, as defined below. The Moody's Requirements apply so long as no Relevant Entity has the First Trigger Required Ratings and either (i) no Relevant Entity has had the First Trigger Required Ratings since this Annex was executed or (ii) at least 30 Local Business days have elapsed since the last time a Relevant Entity had the First Trigger Required Ratings. The S&P Requirements apply to Party A if an Initial S&P Note Downgrade Event occurs and Party A has not otherwise complied with Section 17(A)(i)(B), (C) or (D) of the Agreement or if a Subsequent S&P Note Downgrade Event occurs and Party A has not otherwise complied with Section 17(A)(ii)(A) of the Agreement. The Fitch Requirements apply to Party A if an Initial Fitch Note Downgrade Event occurs and Party A has not otherwise complied with Section 17(C)(i)(B), (C) or (D) of the Agreement or if a First Subsequent Fitch Note Downgrade Event occurs and Party A has not otherwise complied with Section 17(C)(ii)(B), (C) or (D) of the Agreement. MOODY'S REQUIREMENTS.
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Related to Rating Agency Requirements

  • Rating Agency Guidelines means the Fitch Guidelines and any Other Rating Agency Guidelines as they exist from time to time.

  • Other Rating Agency Guidelines means the guidelines provided by each Other Rating Agency, as may be amended from time to time, in connection with the Other Rating Agency’s rating of the VMTP Shares.

  • Rating Agency or Rating Agencies S&P, Xxxxx’x and Fitch or their successors. If such agencies or their successors are no longer in existence, “Rating Agencies” shall be such nationally recognized statistical rating agencies, or other comparable Persons, designated by the Depositor, notice of which designation shall be given to the Trustee and the Servicer.

  • Liquidity Requirement shall have the meaning as set forth in Section 2.12(b).

  • Mandatory City Requirements means those City laws set forth in the San Francisco Municipal Code, including the duly authorized rules, regulations, and guidelines implementing such laws that impose specific duties and obligations upon Contractor.

  • Rating Agency Event means that any nationally recognized statistical rating organization within the meaning of Section 3(a)(62) of the Exchange Act that then publishes a rating for the Company (a “rating agency”) amends, clarifies or changes the criteria it uses to assign equity credit to securities such as the Notes, which amendment, clarification or change results in:

  • Rating Agency Confirmation means, with respect to any Securitization, a confirmation in writing (which may be in electronic form) by each of the applicable Rating Agencies for such Securitization that the occurrence of the event with respect to which such Rating Agency Confirmation is sought shall not result in a downgrade, qualification or withdrawal of the applicable rating or ratings ascribed by such Rating Agency to any of the securities issued pursuant to such Securitization that are then outstanding. If no such securities are outstanding with respect to any Securitization, any action that would otherwise require a Rating Agency Confirmation shall instead require the consent of the Controlling Note Holder, which consent shall not be unreasonably withheld or delayed. For the purposes of this Agreement, if any Rating Agency shall waive, decline or refuse to review or otherwise engage any request for Rating Agency Confirmation hereunder, such waiver, declination, or refusal shall be deemed to eliminate, for such request only, the condition that a Rating Agency Confirmation by such Rating Agency (only) be obtained for purposes of this Agreement, and any requirement hereunder to obtain a Rating Agency Confirmation from any Rating Agency may be satisfied or deemed in the same manner that a Rating Agency Confirmation requirement may be satisfied or deemed satisfied under the Lead Securitization Servicing Agreement. For purposes of clarity, any such waiver, declination or refusal to review or otherwise engage in any request for a Rating Agency Confirmation hereunder shall not be deemed a waiver, declination or refusal to review or otherwise engage in any subsequent request for a Rating Agency Confirmation hereunder and the condition for Rating Agency Confirmation pursuant to this Agreement for any subsequent request shall apply regardless of any previous waiver, declination or refusal to review or otherwise engage in such prior request.

  • Resource Adequacy Requirements has the meaning set forth in Section 3.3.

  • Privacy Requirements shall have the meaning set forth in Section 3.19.

  • Security Requirements means the requirements regarding the security of Personal Data, as set out in the Data Protection Laws (including, in particular, the seventh data protection principle of the DPA and/ or the measures set out in Article 32(1) of the GDPR (taking due account of the matters described in Article 32(2) of the GDPR)) as applicable;

  • Rating Agencies means DBRS, Fitch, KBRA, Xxxxx’x, Morningstar and S&P and their respective successors in interest or, if any of such entities shall for any reason no longer perform the functions of a securities rating agency, any other nationally recognized statistical rating agency reasonably designated by any Note Holder to rate the securities issued in connection with the Securitization of the related Note; provided, however, that, at any time during which the Mortgage Loan is an asset of one or more Securitizations, “Rating Agencies” or “Rating Agency” shall mean only those rating agencies that are engaged from time to time to rate the securities issued in connection with the Securitizations of the Notes.

  • Authority Requirements means the operational requirements, functions and characteristics of the Framework set out in Schedule 1 (Statement of Requirements)

  • Data Security Requirements means the following, in each case to the extent relating to any sensitive or confidential information, or any matters relating to data privacy, protection, or security or the access, collection, use, processing, storage, sharing, distribution, transfer, disclosure, destruction, or disposal of any personally identifiable information: (i) all applicable Laws and any related security breach notification requirements, (ii) the Conveyed Companies’ own respective rules, policies, and procedures, and (iii) Contracts to which the Conveyed Companies are bound.

  • Rating Agency Condition means, with respect to any action, that each Rating Agency shall have been given 10 days’ (or such shorter period as shall be acceptable to each Rating Agency) prior notice thereof and that each Rating Agency shall not have notified the Issuer or the Indenture Trustee in writing that such action will result in a reduction, withdrawal or down-grade of the then-current rating of each class of Notes.

  • Security Requirement means the amount in Dollars (as certified by the Agent whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrowers and the Creditors) which is, at any relevant time:

  • OHS Requirements means all Laws applicable to the Supply and related to occupational health or safety, and all of the City Policies that relate to occupational health or safety, and includes without limitation the WCA;

  • 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.

  • Eligibility Requirements means, with respect to any Person, that such Person (i) has total assets (in name or under management) in excess of $600,000,000 and (except with respect to a pension advisory firm or similar fiduciary) capital/statutory surplus or shareholder’s equity of $250,000,000 and (ii) is regularly engaged in the business of making or owning commercial real estate loans or operating commercial mortgage properties.

  • Safety Requirements means Prudent Electrical Practices, CPUC General Order No. 167, Contractor Safety Program Requirements, and all applicable requirements of Law, PG&E, the Utility Distribution Company, the Transmission Provider, Governmental Approvals, the CAISO, CARB, NERC and WECC.

  • Rating means the operating limits as specified by the component manufacturer.

  • Privacy and Security Requirements means (a) all Privacy Laws; (b) all applicable Privacy Contracts, and (c) all applicable Privacy Policies.

  • Rating Agency Declination As defined in the definition of “Rating Agency Confirmation” in this Agreement.

  • 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.

  • Federal safety requirements means applicable provisions of 49 U.S.C. § 30101 et seq. and all