Ratings Criteria definition

Ratings Criteria means, for the purposes of determining the amount of Eligible Credit Support that Party A is required to transfer hereunder following a credit ratings downgrade where Party A has opted to or is required to transfer Eligible Credit Support in support of its obligations under the Agreement, the criteria used by S&P (as set out in S&P's Structured Finance reports entitled "Standard & Poor's Global Interest Rate and Currency Swap Counterparty Rating Criteria Expanded" dated 17 December 2003 and "Global Interest Rate and Currency Swaps: Calculating the Collateral Required Amount" dated 26 February 2004) ("S&P CRITERIA"), the criteria used by Moody's as at the date of the Agreement ("MOODY'S CRITERIA") and/or the criteria used by Fitch (as set out in Fitch's Structured Finance Report entitled "Counterparty Risk in Structured Finance Transactions: Swap Criteria" dated 13 September 2004) ("FITCH CRITERIA"), in respect of each of which the definition of "Credit Support Amount" is set out below. MOODY'S CRITERIA
Ratings Criteria means, the criteria used by Moody's ("Moody's Criteria") for the purposes of determining the amount of Eligible Credit Support Party A is required to transfer at any time when the Threshold with respect to Party A is zero.
Ratings Criteria means, the criteria used by S&P (as set out in S&P's Structured Finance reports entitled "Standard & Poor's Global Interest Rate and Currency Swap Counterparty Rating Criteria Expanded" dated 17 December 2003 and "Global Interest Rate and Currency Swaps: Calculating the Collateral Required Amount" dated 26 February 2004) ("S&P CRITERIA"), the criteria used by Moody's (as set out below ("MOODY'S CRITERIA") and/or the criteria used by Fitch (as set out in Fitch's Structured Finance Report entitled "Counterparty Risk in Structured Finance Transactions: Swap Criteria" dated 13 September 2004) ("FITCH CRITERIA") for the purposes of determining the amount of Eligible Credit Support Party A is required to transfer hereunder following a credit ratings downgrade where Party A has opted to transfer Eligible Credit Support in support of its obligations under this Agreement pursuant to Part 5(7) of this Agreement. MOODY'S CRITERIA "Credit Support Amount" shall be:

Examples of Ratings Criteria in a sentence

  • In any case, a Complaint must be specific as to the alleged conduct, which may be characterized as intentional or negligent, but does not include ordinary course of business discussions regarding Credit Ratings, Criteria, methodologies or timeliness where differing views may be expressed.

  • In circumstances where more than one of the Ratings Criteria apply, the Credit Support Amount shall be calculated by reference to the Ratings Criteria which would result in Party A transferring the greatest amount of Eligible Credit Support.

  • Chapter 2 – Accountability Ratings Criteria and Targets 2014 Accountability Manual 13For Index 2, Index 3, and Index 4, separate targets are set by school type: elementary, middle school, or high school/K-12.

  • Index 1 Targets for Districts and CampusesPlease refer to Chapter 2 – Accountability Ratings Criteria and Targets for a detailed discussion of 2014 Index Targets.

  • At any time following the Investment Grade Pricing Effective Date to but excluding the Revolving Credit Maturity Date, and so long as the Company continues to satisfy the Investment Grade Ratings Criteria, the Company may, as set forth in this Section, request the Dollar Tranche Revolving Credit Lenders to make offers to make Bid Rate Loans to the Company in Dollars.


More Definitions of Ratings Criteria

Ratings Criteria means, the criteria used by S&P (as set out in S&P’s “Counterparty Risk Framework Methodology and Assumptions” criteria dated 25 June 2013) ("S&P Criteria"), the criteria set out in subparagraph (A) below ("Xxxxx'x Criteria") and the criteria set out in subparagraph (C) below ("Fitch Criteria").
Ratings Criteria means, the criteria used by S&P (“S&P Criteria”), the criteria used by Xxxxx’x (“Xxxxx’x Criteria”) and the criteria used by Fitch as set out in the report by Fitch dated 13 September 2004 and entitled Counterparty Risk in Structured Finance Transactions: Swap Criteria (“Fitch Criteria”) for the purposes of determining the amount of Eligible Credit Support the Counterparty is required to transfer hereunder following a First Ratings Trigger, with respect to Xxxxx’x or another ratings downgrade, with respect to any other Rating Agency. Where the Counterparty is required to post collateral in accordance with more than one Ratings Criteria, the Counterparty will be required to post collateral in accordance with such Ratings Criteria which produces the highest Delivery Amount and the lowest Return Amount.
Ratings Criteria means, the criteria used by S&P (“S&P Criteria”) and the criteria used by Fitch as set out in the report by Fitch dated 23 May 2017 and entitled Structured Finance and Covered Bonds Counterparty Rating Criteria: Derivative Addendum (“Fitch Criteria”) for the purposes of determining the amount of Eligible Credit Support the Counterparty is required to transfer hereunder following a Ratings Collateral Trigger. Where the Counterparty is required to post collateral in accordance with more than one Ratings Criteria, the Counterparty will be required to post collateral in accordance with such Ratings Criteria which produces the highest Delivery Amount and the lowest Return Amount.
Ratings Criteria means, for the purposes of determining the amount of Eligible Credit Support that Party A is required to transfer hereunder following a credit ratings downgrade where Party A has opted to or is required to transfer Eligible Credit Support in support of its obligations under the Agreement, the criteria used by S&P (as set out in S&P's Structured Finance reports entitled "Standard & Poor's Global Interest Rate and Currency Swap Counterparty Rating Criteria Expanded" dated 17 December 2003 and "Global Interest Rate and Currency Swaps: Calculating the Collateral Required Amount" dated 26 February 2004) ("S&P CRITERIA"), the criteria used by Moody's as at the date of the Agreement ("MOODY'S
Ratings Criteria means, the criteria as set out in the report by S&P dated 8 May 2007 and entitled "Revised Framework for Applying Counterparty and Supporting Party Criteria" ("S&P Criteria") as specified below for the purposes of determining the amount of Eligible Credit Support that Party A is required to transfer hereunder . S&P Criteria:
Ratings Criteria means, the criteria used by Moody's as set out in sub- paragraph (A) below ("Moody's Criteria") and the criteria used by Fitch as set out in subparagraph (B) below ("Fitch Criteria").
Ratings Criteria means the criteria used by S&P ("S&P CRITERIA") and the criteria used by Moody's ("MOODY'S CRITERIA") for the purposes of determining the amount of Eligible Credit Support Party A is required to transfer hereunder following a credit ratings downgrade where Party A has opted to or is required to transfer Eligible Credit Support in support of its obligations under each Transaction pursuant to Section 18 of this Agreement.