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.
Sample 1Sample 2
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.
Sample 1Sample 2

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.

  • The will capture when a causal link is selected for an explanation: either its preference pred- icate is true, or it is false, but all of the competing neighbouring links (all ) also have a false preference predicate.The definitions for diagnostic problem and solution remain almost unchanged for this new type of causal net, so we do not repeat them here.

  • Market value/amount 2.1. Securities issued or guaranteedby sovereigns or central banks with 20 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.

  • 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.

  • If so, commercial banks shall classify securities by the following attributes: (1) Type of issuer; (2) Credit rating; (3) Residual maturity; and (4) Modified duration; whereby the estimated volatility must truly be representative of each of commercial banks’ securities group.(1.2) Commercial banks must estimate the haircuts for each individual security where the collateral are debt securities rated below or equivalent to Rating Grade 3, or the collaterals are equity securities.

  • 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.

  • 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.

  • Commercial bank shall comply with the following regulations:(1.1) Commercial banks may consider estimating the volatility by groups of securities in cases where the financial collaterals are debt securities rated better or equivalent to Rating Grade 3.

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

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.

  • Investment Grade Credit Rating means (i) a Credit Rating of Baa3 or higher given by Xxxxx’x, (ii) a Credit Rating of BBB- or higher given by S&P or (iii) a Credit Rating of BBB- or higher given by Fitch.

  • 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.

  • 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. and any successor thereto.

  • Rating period means the calendar period for which premium rates established by a small employer carrier are assumed to be in effect.

  • 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.

  • approved rating means, for a security, a rating at or above one of the following rating categories issued by an approved rating organization for the security or a rating category that replaces a category listed below:

  • 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.

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

  • Risk Rating means, with respect to any Loan at any time, if such Loan is at such time (i) rated by both S&P and Moody’s, the lower of such ratings, (ii) rated by either S&P or Moody’s, such rating or (iii) not rated by either S&P or Moody’s, the rating determined by the Servicer’s risk rating model.