Examples of Required Ratings in a sentence
The Issuer has agreed to keep the Cash Collateral Account at all times with a bank that has Account Bank Required Ratings.
Pre-Maturity Test (Applicable to Hard Bullet Covered Bonds) Pre-Maturity Required Ratings Following a breach of the Pre-Maturity test in respect of a Series of Hard Bullet Covered Bonds, and unless the Pre-Maturity Liquidity Ledger is otherwise funded from the other sources, the Partnership shall offer to sell Randomly Selected Loans if Final Maturity Date is within 12 months from the Pre-Maturity Test Date.
A transferee of all the rights and obligations of the Hedging Counterparty under the Swap Agreement must have at least the Qualifying Transfer Trigger Rating (set out in the row headed “Revised Required Ratings in Amended Swap Agreement” of the table above) or have its obligations guaranteed by a guarantor with at least the Qualifying Transfer Trigger Rating.
A guarantor of all the obligations of the Hedging Counterparty under the Swap Agreement must have at least the Qualifying Transfer Trigger Rating (set out in the row headed “Revised Required Ratings in Amended Swap Agreement” of the table above).
In the event that the Cash Collateral Account Bank ceases to have the Account Bank Required Ratings, the Issuer shall within 30 days procure transfer of the account held with it to an Eligible Collateral Bank notified to it by the Issuer.