Relevant Rating Agencies definition

Relevant Rating Agencies means, S&P and Moody's, or such of them as then assigns a financial program, counterparty or similar rating to Party A at Party A's request, or any other nationally recognized rating agency then rating Party A at Party A's request (each, individually, a Relevant Rating Agency).

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Relevant Rating Agencies means S&P, ▇▇▇▇▇’▇ and Fitch.

Relevant Rating Agencies means (i) S&P Global Ratings Europe Limited (or any other duly authorised S&P substituted entity) ("S&P"), so long as any Covered Bonds are rated by S&P, (ii) Moody's France

Examples of Relevant Rating Agencies in a sentence

Party A shall fail to maintain capital in the amount consistent with its financial program as represented to the Relevant Rating Agencies.
Notwithstanding the foregoing, no assignment by the Seller of its rights or obligations hereunder shall be effective unless a written statement is obtained from each of the Relevant Rating Agencies that the rating of the Issuer's commercial paper notes will not be downgraded or withdrawn solely as a result of such assignment.
The Counterparty shall fail to maintain capital in the amount required by its financial program as represented to the Relevant Rating Agencies.
If at any time a Party shall fail (or cease) to be rated by at least one of the Relevant Rating Agencies, or if there is an Event of Default continuing with respect to a Party, the Threshold for such Party shall be zero.
If a Second Trigger Ratings Event with respect to Moody’s or S&P has occurred and is continuing, Party A will, at its own cost, use commercially reasonable efforts, as soon as reasonably practicable, (A) to obtain an Eligible Guarantee in respect of all of Party A’s obligations under this Agreement from a guarantor that has ratings at least equal to the Second Trigger Ratings Threshold with respect to all Relevant Rating Agencies or (B) to effect a transfer in accordance with Section 7 of this Agreement.
Notwithstanding the foregoing, if the Bonds cease to be rated Investment Grade by the Relevant Rating Agencies, the foregoing covenants shall be reinstated as of and from the date of such rating decline without the requirement for any action.
No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of the Relevant Rating Agencies, has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Relevant Notes.
Notwithstanding the foregoing, no amendment or waiver of any provision of this Agreement or consent to any departure by the Seller therefrom shall be effective unless a written statement is obtained from each of the Relevant Rating Agencies that the rating of the Issuer's commercial paper notes will not be downgraded or withdrawn solely as a result of such amendment, waiver or consent.
The effectiveness of this Amendment is subject to the conditions precedent that the Agent shall have received, on or before the date hereof, (a) an amendment to the Originator Purchase Agreement, in form and substance satisfactory to the Agent, duly executed by the parties thereto, and evidence that all of the conditions precedent to the effectiveness of such amendment have been satisfied, and (b) the written statement from each of the Relevant Rating Agencies required by Section 4.01 of the Agreement.

More Definitions of Relevant Rating Agencies

Relevant Rating Agencies means Moody’s and one other Rating Agency.

Relevant Rating Agencies means the Rating Agencies specified in the Pricing Supplement/Drawdown Listing Particulars in respect of any Class of Notes of any Note Series outstanding at such time.

Relevant Rating Agencies means, collectively, each of the Rating Agencies then rating the Issuer's commercial paper notes at the request of the Issuer. "Reportable Event" means a Reportable Event as defined in Section 4043(b) of ERISA.

Relevant Rating Agencies means, collectively, each of the Rating Agencies then rating any of the Notes at the request of the Company thereof or the Administrator; provided, however, that the determination at any time of the short-term credit ratings from the Relevant Rating Agencies of any Purchaser hereunder shall not include any such rating from any Rating Agency other than ▇▇▇▇▇'▇ Investors Service, Inc. and Standard & Poor's Ratings Services if such other Rating Agency does not then rate the short-term debt of such Purchaser.

Relevant Rating Agencies means S&P, Moody’s and Fitch.

Relevant Rating Agencies means, at any time, Moody's and S&P.