Rating Group I means (a) no Event of Default has occurred and is continuing and (b) the Moodx'x Xxxing is at or above A1 and the Standard & Poor's Rating is at or above A+; "Rating Group II" shall mean (a) no Event of Default has occurred and is continuing, (b) the Moodx'x Xxxing is at or above A3 and the Standard & Poor's Rating is at or above A- and (c) Rating Group I is not in effect; "Rating Group III" shall mean (a) no Event of Default has occurred and is continuing, (b) the Moodx'x Xxxing is at or above Baa1 and the Standard & Poor's Rating is at or above BBB+ and (c) neither Rating Group I nor Rating Group II is in effect; "Rating Group IV" shall mean (a) no Event of Default has occurred and is continuing, (b) the Moodx'x Xxxing is at or above Baa2 and the Standard & Poor's Rating is at or above BBB and (c) none of Rating Group I, Rating Group II or Rating Group III is in effect; and "Rating Group V" shall mean that none of Rating Group I, Rating Group II, Rating Group III or Rating Group IV is in effect; provided that (A) if the Moodx'x Xxxing and the Standard & Poor's Rating fall into different Rating levels and one of such Ratings is no more than one Rating level lower than the other of such Ratings, then the applicable Rating Group shall be based upon the higher of such Ratings and (B) if the Moodx'x Xxxing and the Standard & Poor's Rating fall into different Rating levels and one of such Ratings is two Rating levels lower than the other of such Ratings, then the applicable Rating Group shall be based upon a hypothetical Rating that would fall into the Rating level that is one lower than the Rating level into which the higher of such Ratings falls.
Rating Group I means ratings during a period when (a) no Event of Default has occurred and is continuing and (b) the Xxxxx’x Rating is at or above A3 or the Standard & Poor’s Rating is at or above A- or the Fitch Rating is at or above A-.
Rating Group I means ratings during a period when (a) no Event of Default has occurred and is continuing and (b) the Moody’s Rating is at or above A3 or the Standard & Poor’s Rating is at or above A- or the Fitch Rating is at or above A-.
More Definitions of Rating Group I
Rating Group I means any two of the following: the Xxxxx’x Rating is at or above A2, the Standard & Poor’s Rating is at or above A or the Fitch Rating is at or above A; “Rating Group II” shall mean (a) any two of the following: the Xxxxx’x Rating is at or above A3, the Standard & Poor’s Rating is at or above A- or the Fitch Rating is at or above A- and (b) Rating Group I is not in effect; “Rating Group III” shall mean (a) any two of the following: the Xxxxx’x Rating is at or above Baa1, the Standard & Poor’s Rating is at or above BBB+ or the Fitch Rating is at or above BBB+ and (b) neither Rating Group I nor Rating Group II is in effect;
Rating Group I means (a) no Event of Default has occurred and -------------- is continuing and the Standard & Poor's Rating is at or above AA; "Rating Group II" shall mean (a) Rating Group I is not in effect and (b) no Event of Default has occurred and is continuing and (c) the Standard & Poor's Rating is at or above A; and "Rating Grout, III" shall mean neither Rating Group I nor Rating Group II is in effect.
Rating Group I means any two of the following: the Moody’s Rating is at or above A2, the Standard & Poor’s Rating is at or above A or the Fitch Rating is at or above A; “ Rating Group II” shall mean (a) any two of the following: the Moody’s Rating is at or above A3, the Standard & Poor’s Rating is at or above A- or the Fitch Rating is at or above A- and (b) Rating Group I is not in effect; “ Rating Group III” shall mean (a) any two of the following: the Moody’s Rating is at or above Baa1, the Standard & Poor’s Rating is at or above BBB+ or the Fitch Rating is at or above BBB+ and (b) neither Rating Group I nor Rating Group II is in effect;
Rating Group I means (a) no Event of Default
Rating Group I means the Moody's Rating is at or above Aa2 or the Standard & Poor's Rating is at or above AA; "RATING GROUP II" shall mean (a) the Moody's Rating is at or above A3 or the Standard & Poor's Rating is at or above A- and (b) Rating Group I is not in effect; "RATING GROUP III" shall mean (a) the Moody's Rating is at or above Baa2 or the Standard & Poor's Rating is at or above BBB and (b) neither Rating Group I nor Rating Group II is in effect; "RATING GROUP IV" shall mean none of Rating Group I, Rating Group II or Rating Group III is in effect; PROVIDED that, (A) if the Moody's Rating and the Standard & Poor's Rating fall into different Rating levels and one of such Ratings is no more than one Rating level lower than the other of such Ratings, then the applicable Rating Group shall be based upon the higher of such Ratings and (B) if the Moody's Rating and the Standard & Poor's Rating fall into different Rating levels and one of such Ratings is two or more Rating levels lower than the other of such Ratings, then the applicable Rating Group shall be based upon a hypothetical Rating that is one lower than the Rating level of the higher of such Ratings.
Rating Group I means the Moody's Rating is at or above Aa2 or the Standard & Poor's Rxxxxx xs at or above AA; "Rating Group II" shall mean (a) the Moody's Rating is at or above A3 or the Standard & Poor's Raxxxx xx at or above A- and (b) Rating Group I is Credit Agreement ----------------
Rating Group I means (a) no Event of Default has occurred and is continuing and (b) the Moodx'x Xxxing is at or above A3 or the Standard & Poor's Rating is at or above A-; "Rating Group II" shall mean (a) no Event of Default has occurred and is continuing, (b) the Moodx'x Xxxing is at or above Baa1 or the Standard & Poor's Rating is at or above BBB+ and (c) Rating Group I is not in effect; "Rating Group III" shall mean neither Rating Group I nor Rating Group II is in effect; provided that (A) if the Moodx'x Xxxing and the Standard & Poor's Rating fall into different Rating levels and one of such Ratings is no more than one Rating level lower than the other of such Ratings, then the applicable Rating Group shall be based upon the higher of such Ratings and (B) if the Moodx'x Xxxing and the Standard & Poor's Rating fall into different Rating levels and one of such Ratings is two Rating levels lower than the other of such Ratings, then the applicable Rating Group shall be based upon a hypothetical Rating that would fall into the Rating level that is one lower than the Rating level into which the higher of such Ratings falls. "Regulations A, D, G, U and X" shall mean, respectively, Regulations A, D, G, U and X of the Board of Governors of the Federal Reserve System (or any successor), as the same may be modified and supplemented and in effect from time to time.