Relevant Credit Rating definition
Relevant Credit Rating means a credit rating of: (a) A - (or better) by Standard and Poor's Corporation or Fitch Ratings Limited in respect of long term senior debt; or (b) A3 (or better) by ▇▇▇▇▇'▇ Investors Service Inc. in respect of long term senior debt; or (c) if any credit rating specified in paragraph (a) or (b) ceases to be published or made available or there is a material change in the basis of any such credit rating, such other rating or standard as the Secretary of State may, after consultation with the Franchisee, determine to be appropriate in the circumstances;
Relevant Credit Rating means a credit rating of: (a) A- (or better) (A minus or better) by Standard and Poor's Corporation or Fitch Ratings Limited in respect of long term senior debt; or (b) A3 (or better) by ▇▇▇▇▇'▇ Investors Service Inc. in respect of long term senior debt; or (c) if any credit rating specified in paragraph (a) or (b) ceases to be published or made available or there is a material change in the basis of any such credit rating, such other rating or standard as the Secretary of State may, after consultation with the Franchisee, determine to be appropriate in the circumstances;
Relevant Credit Rating means a credit rating of: