Rating Effective Date definition

Rating Effective Date means, the initial date on which S&P, Fitch or DBRS provides, at the direction of the Borrower, a rating for the Loans.
Sample 1Sample 2Sample 3
Rating Effective Date means the Closing Date.
Sample 1

Examples of Rating Effective Date in a sentence

  • So long as the Rating Effective Date has occurred, on or before the anniversary date of the Closing Date in each calendar year, or the last Business Day immediately preceding such date if such date is not a Business Day, the Borrower shall pay for the ongoing monitoring of the rating of the Loans by S&P, Fitch or DBRS, as applicable.

  • Any reference herein to notice or other delivery to be provided to S&P, Fitch or DBRS shall no longer be applicable if after the Rating Effective Date, S&P, Fitch or DBRS, as applicable, is no longer rating any Loans (whether or not so specified herein).

  • For the avoidance of doubt, the provisions of this clause (b) shall not apply if the Rating Effective Date does not occur prior to the Effective Date.

  • Any reference herein to notice or other delivery to be provided to S&P shall no longer be applicable if after the Rating Effective Date, S&P is no longer rating any Loans (whether or not so specified herein).

  • On and after the Rating Effective Date, during the Reinvestment Period, the Borrower shall use commercially reasonable efforts to ensure that the pool of Collateral contains Collateral Loans of no less than 20 different Obligors.

  • So long as the Rating Effective Date has occurred, on or before the anniversary date of the Rating Effective Date in each calendar year, or the last Business Day immediately preceding such date if such date is not a Business Day, the Borrower shall pay for the ongoing monitoring of the rating of the Loans by S&P.

  • Indicate the most recent Financial Rating, Financial Rating Modifiers and the Financial Rating Effective Date that have been received by the following organizations.

  • The Borrower hereby irrevocably appoints the Collateral Agent to act as the Information Agent (in such capacity, the “Information Agent”) as set forth in this Article XVI; provided that the Information Agent shall not be required to take any of the actions proscribed under this Article XIV until the earlier of (i) the date after the Closing Date designated by the Administrative Agent and (ii) the Rating Effective Date.

  • Date See California Rating Effective Date in SearchPoint for definition.

  • Bidder should indicate the most recent Financial Rating, Financial Rating Modifiers and the Financial Rating Effective Date you have received by the following organizations.

Related to Rating Effective Date

  • Refinancing Effective Date shall have the meaning assigned to such term in Section 2.21(j).

  • Restructuring Effective Date has the meaning set out in the Restructuring Implementation Deed;

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • SOFR Index Cessation Effective Date means, in relation to a SOFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Secured Overnight Financing Rate) ceases to publish the daily Secured Overnight Financing Rate, or the date as of which the daily Secured Overnight Financing Rate may no longer be used;

  • Change of Control Effective Date means the first date during the Change of Control Period (as defined in Section 7.2) on which a Change of Control occurs. Notwithstanding anything in this Agreement to the contrary, if a Change of Control occurs and if the Executive’s employment with the Company (or applicable affiliated company) is terminated prior to the date on which the Change of Control occurs, and if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or anticipation of a Change of Control, then for all purposes of this Agreement the “Change of Control Effective Date” shall mean the date immediately prior to the date of such termination of employment.

  • OBFR Index Cessation Effective Date means, in relation to an OBFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Overnight Bank Funding Rate) ceases to publish the daily Overnight Bank Funding Rate or the date as of which the daily Overnight Bank Funding Rate may no longer be used;

  • €STR Index Cessation Effective Date means, in respect of an €STR Index Cessation Event, the first date on which €STR is no longer provided by the European Central Bank (or any successor administrator of €STR), as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Index Cessation Effective Date means, in respect of an Index Cessation Event, the first date on which the Applicable Rate is no longer provided. If the Applicable Rate ceases to be provided on the same day that it is required to determine the rate for an Interest Determination Date but it was provided at the time at which it is to be observed (or, if no such time is specified, at the time at which it is ordinarily published), then the Index Cessation Effective Date will be the next day on which the rate would ordinarily have been published; and

  • Amendment No. 5 Effective Date has the meaning set forth in Amendment No. 5.

  • Additional Effective Date means the date the Additional Registration Statement is declared effective by the SEC.

  • Amendment No. 3 Effective Date has the meaning specified in Amendment No. 3.

  • Amendment No. 6 Effective Date has the meaning set forth in Amendment No. 6.

  • Amendment No. 2 Effective Date has the meaning specified in Amendment No. 2.

  • Amendment No. 4 Effective Date has the meaning assigned to such term in Amendment No. 4.

  • Amendment No. 7 Effective Date has the meaning assigned to such term in Amendment No. 7.

  • IPO Effective Date means the date upon which the Securities and Exchange Commission declares the initial public offering of the Company's common stock as effective.

  • Amendment No. 8 Effective Date has the meaning assigned to such term in Amendment No. 8.

  • Amendment No. 1 Effective Date has the meaning specified in Amendment No. 1.

  • Removal Effective Date has the meaning specified in Section 9.06(b).

  • Required Effective Date means the relevant Initial Required Effective Date or Increased Required Effective Date (as those terms are defined below).

  • PAL effective date generally means the date of issuance of the PAL permit. However, the PAL effective date for an increased PAL is the date any emissions unit that is part of the PAL major modification becomes operational and begins to emit the PAL pollutant.

  • ECB Recommended Rate Index Cessation Effective Date means, in respect of an ECB Recommended Rate Index Cessation Event, the first date on which the ECB Recommended Rate is no longer provided, as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Original Effective Date means the Effective Date under, and as defined in, the Original Credit Agreement.

  • Extension Effective Date has the meaning specified in Section 2.06(c).

  • SEC Effective Date means the date the Registration Statement is declared effective by the Commission.

  • Plan Effective Date means the “Effective Date” as defined in the Plan of Reorganization.