Rating Grade definition

Rating Grade means and refer to the different debt ratings (for example, A1, A2, A3 for Moody's and A+, A and A- for Standard & Poor's) within any particular debt rating category (in the foregoing example, the rating category of "A" for both Moody's and Standard & Poor's). Any adjustment required in the Margin Percentages as a result of a change in ratings as provided hereinabove shall be effective as of the tenth (10th) Business Day after the effective date of such change.
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Rating Grade means and refer to the different debt ratings (for example, A1, A2, A3 for Moody's and A+, A anx X- xxr Standard & Poor's) within any particular debt rating category (in the foregoing example, the rating category of "A" for both Moody's and Standard & Xxxx's). Within ten (10) Business Days of the Borrower's attaining knowledge of a change in either Moody's or Standard & Xxxx's rating of the Borrower's senior unsecured long-term publicly traded Indebtedness, the Borrower shall notify the Agent, and any adjustment required in the Applicable Margin Percentages as a result of a change in such ratings shall be effective as of the earlier of the date such notice is received by the Agent or the 10th Business Day after the effective date of such change.
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Examples of Rating Grade in a sentence

  • HQLA2A2.1. Securities issued or guaranteed by sovereigns or central banks with20 per cent risk weight2.2. Securities issued or guaranteedby PSEs or MDBs with 20 per cent risk weight2.3. Non-financial corporate securities (Credit Rating Grade 1)2.4. Covered bonds, not self-issued (Credit Rating Grade 1)2.5. Adjusted amount of HQLA2A stock2.5.1. Adjustment due to secured lending/borrowing transactions2.5.2. Adjustment due to collateral swaps3.

  • Rating Grade β0 β1 h1 −6.0 10.0 1.02 −5.5 10.0 1.03 −5.0 10.0 1.04 −4.0 10.0 1.05 −3.5 10.0 1.06 −2.5 10.0 1.0 Figure 1.

  • Supervisory Rating Grade Remaining Maturity^ Use of preferential risk-weights.

  • About 70% of both university and high school students reported ever having had an alcoholic drink, of whom almost all reported having consumed alcohol at least once during the last 12 months (97.0% & 96.4% of university and HS ever drinkers, respectively) and a great majority having had a drink during the last 30 days (83.1% & 79.7% of university and high school ever drinkers, respectively).

  • HQLA2A2.1. Securities issued or guaranteed by sovereigns or central banks with20 per cent risk weight2.2. Securities issued or guaranteed by PSEs or MDBs with 20 per cent risk weight2.3. Non-financial corporate securities (Credit Rating Grade 1)2.4. Covered bonds, not self-issued (Credit Rating Grade 1)2.5. Adjusted amount of HQLA2A stock2.5.1. Adjustment due to secured lending/borrowing transactions2.5.2. Adjustment due to collateral swaps3.

  • HQLA2A2.1. Securities issued or guaranteed by sovereigns or central banks with 20 per cent risk weight2.2. Securities issued or guaranteed by PSEs or MDBs with 20 per centrisk weight2.3. Non-financial corporate securities (Credit Rating Grade 1)2.4. Covered bonds, not self-issued (Credit Rating Grade 1)2.5. Adjusted amount of HQLA2A stock2.5.1. Adjustment due to secured lending/borrowing transactions2.5.2. Adjustment due to collateral swaps3.

  • Rating Grade 4 Of the total value reported at item 4 in the ‘Net market value’ column, report in this column for all applicable line items, the aggregate value of exposures that have an APRA rating grade of 4.

  • Classification of Rating Grade of Counterparty The counterparty grades set out in the table below are to be used in classifying the rating grades for the purposes of PART A and PART C of this form.

  • Debt securities used as financial collaterals must have a credit rating better or equivalent to Rating Grade 4 or above.

  • Rating Grade 3 Of the total value reported at item 4 in the ‘Net market value’ column, report in this column for all applicable line items, the aggregate value of exposures that have an APRA rating grade of 3.

Related to Rating Grade

  • Highest Rating Category means, with respect to a Permitted Investment, that the Permitted Investment is rated by S&P or Moody’s in the highest rating category given by that rating agency for that general category of security. By way of example, the Highest Rating Category for tax exempt municipal debt established by S&P is “A 1+” for debt with a term of one year or less and “AAA” for a term greater than one year, with corresponding ratings by Moody’s of “MIG 1” (for fixed rate) or “VMIG 1” (for variable rate) for three months or less and “Aaa” for greater than three months. If at any time (i) both S&P and Moody’s rate a Permitted Investment and (ii) one of those ratings is below the Highest Rating Category, then such Permitted Investment will, nevertheless, be deemed to be rated in the Highest Rating Category if the lower rating is no more than one rating category below the highest rating category of that rating agency. For example, a Permitted Investment rated “AAA” by S&P and “Aa3” by Moody’s is rated in the Highest Rating Category. If, however, the lower rating is more than one full rating category below the Highest Rating Category of that Rating Agency, then the Permitted Investment will be deemed to be rated below the Highest Rating Category. For example, a Permitted Investment rated “AAA” by S&P and “A1” by Moody’s is not rated in the Highest Rating Category.

  • Existing grade means the grade before grading.

  • Passing grade means work of such character that credit would be entered on the records were the semester to close at that time.

  • Investment Grade Credit Rating means (a) with respect to Fitch, a credit rating of BBB- or higher, (b) with respect to Xxxxx’x, a credit rating of Baa3 or higher and (c) with respect to S&P, a credit rating of BBB- or higher.

  • Moody’s Rating means, at any time, the rating issued by Moody's and xxxx xx effect with respect to the Borrower's senior unsexxxxx xong-term debt securities without third-party credit enhancement.

  • Rating Category means one of the generic rating categories of any Rating Agency without regard to any refinement or gradation of such rating by a numerical modifier or otherwise.

  • Rating Level means, with respect to any rating agency, each rating subcategory or “notch” of such rating agency , giving effect to pluses and minuses (or similar designations). By way of illustration, BBB+, BBB and BBB- are each separate Rating Levels of S&P.

  • Investment Grade means a rating of Baa3 or better by Moody’s (or its equivalent under any successor rating categories of Moody’s); a rating of BBB- or better by S&P (or its equivalent under any successor rating categories of S&P); and the equivalent investment grade credit rating from any additional Rating Agency or Rating Agencies selected by the Company.

  • Rating Downgrade means either:

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

  • Rating Date means the date which is 90 days prior to the earlier of (i) a Change in Control and (ii) public notice of the occurrence of a Change in Control or of the intention of the Company to effect a Change in Control.

  • Threshold Rating means the short-term unsecured debt rating of P-1 by Moody's and A-1 by Standard & Poor's.

  • S&P Rating means, at any time, the rating issued by S&P and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.

  • Rating Point means the V&H coordinates associated with a particular telephone number for rating purposes.

  • Moody’s means Xxxxx’x Investors Service, Inc.

  • Rating period means the 12-month period for which premium rates are determined by a health

  • Index Debt Rating means the S&P Rating, the Xxxxx’x Rating and the Fitch Rating.

  • Moody’s Second Trigger Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, (i) if such entity has a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A3” and a short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-2”, or (ii) if such entity does not have a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A3”.

  • Ratings As of any date of determination, the ratings, if any, of the Certificates as assigned by the Rating Agencies.

  • Xxxxx’x Rating means, at any time, the rating issued by Xxxxx’x and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.

  • Mxxxx’x Rating means, with respect to a Reference Obligation, as of any date of determination:

  • Moody’s First Trigger Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, (i) if such entity has a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A2” and a short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-1”, or (ii) if such entity does not have a short-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A1”.

  • Approved Ratings Threshold means each of the S&P Approved Ratings Threshold and the Moody’s First Trigger Ratings Threshold.

  • Investment Grade Rating Date means the date on which the Borrower first obtains an Investment Grade Rating.

  • Highest adjacent grade means the highest natural elevation of the ground surface prior to construction next to the proposed walls of a structure.

  • Debt Rating has the meaning specified in the definition of “Applicable Rate.”