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 (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
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Relevant Rating Agencies means S&P, Xxxxx’x and Fitch.
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Examples of Relevant Rating Agencies in a sentence

  • A credit rating is not a recommendation to buy, sell or hold securities and may be subject to revision, suspension or withdrawal at any time as a result of changes in or unavailability of information or if, in the judgement of the Relevant Rating Agencies, circumstances so warrant.

  • Party A shall fail to maintain capital in the amount consistent with its financial program as represented to the Relevant Rating Agencies.

  • Relevant Rating Agencies: S&P Ratings: Application has been made for a public rating of the Notes, which is expected to be: S&P: AAA A security rating is not a recommendation to buy, sell or hold securities and may be subject to revision, suspension or withdrawal at any time by the relevant rating agency at its discretion.

  • 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each of the Relevant Rating Agencies that the rating of the Issuer's commercial paper notes will not be downgraded or withdrawn solely as a result of such amendment, waiver or consent.

  • 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.

  • 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.

  • 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.

  • Relevant Rating Agencies: S&P/Moody's Ratings: Application has been made for a public rating of the Notes, which is expected to be: S&P: AAA Moody's: Aa1 A security rating is not a recommendation to buy, sell or hold securities and may be subject to revision, suspension or withdrawal at any time by the relevant rating agency at its discretion.

  • 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.


More Definitions of Relevant Rating Agencies

Relevant Rating Agencies means Moody’s and one other Rating Agency.
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Relevant Rating Agencies means S&P, Moody’s and Fitch.
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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.
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Relevant Rating Agencies means, at any time, Moody's and S&P.
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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 Xxxxx'x 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.
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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.
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Related to Relevant Rating Agencies

  • Rating Agencies means DBRS, Fitch, KBRA, Xxxxx’x, Morningstar and S&P and their respective successors in interest or, if any of such entities shall for any reason no longer perform the functions of a securities rating agency, any other nationally recognized statistical rating agency reasonably designated by any Note Holder to rate the securities issued in connection with the Securitization of the related Note; provided, however, that, at any time during which the Mortgage Loan is an asset of one or more Securitizations, “Rating Agencies” or “Rating Agency” shall mean only those rating agencies that are engaged from time to time to rate the securities issued in connection with the Securitizations of the Notes.

  • Rating Agency means only those rating agencies that are engaged from time to time to rate the securities issued in connection with the Securitizations of the Notes.

  • Fitch means Fitch Ratings, Inc., and its successors in interest.

  • Moody s” means Moody’s Investors Service, Inc.

  • 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.