S & P Rating definition

S & P Rating means the most recently-announced rating from time to time of S & P assigned to the Obligation or any other class of long-term senior, unsecured debt securities issued by PPT or Borrower, as to which no letter of credit, guaranty, or third-party credit support is in place, regardless of whether all or any part of such debt securities have been issued at the time such rating was issued.
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S & P Rating means the most recently-announced rating from time to time of S & P assigned to any class of long-term senior, unsecured debt securities issued by Borrower, as to which no letter of credit, guaranty, or third-party credit support is in place, regardless of whether all or any part of such Debt has been issued at the time such rating was issued.
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S & P Rating means, at any time, the rating issued by Standard & Poor’s and then in effect with respect to the Company’s senior unsecured long-term debt securities without third-party credit enhancement.
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Examples of S & P Rating in a sentence

  • Promptly upon the receipt of notice thereof, and in any event within three (3) Business Days after any change in the Xxxxx'x Rating or the S & P Rating, notice of such change.

  • Promptly upon the receipt of notice thereof, and in any event within five (5) Business Days after any change in the Xxxxx'x Rating or the S & P Rating, notice of such change.

  • The County’s exposure to credit risk as of December 31, 2018, is as follows: S & P Rating Fair Value Federal Home Loan Mortgage Corporation Securities Total $ 33,164,018 N/R – Not Rated; N/A – Not Applicable Custodial Credit Risk The custodial credit risk for investments is the risk that, in the event of the failure of the counterparty to a transaction, a government will not be able to recover the value of investment or collateral securities in the possession of an outside party.

  • Series of Bonds S & P Rating Series AG AAASeries AS AAASeries B ASeries C BBB In the event that the Rating Agency did not confirm as final the provisional rating granted before the start of the Subscription Period, such circumstance would be immediately communicated to the CNMV and would be made public in the manner established in section III.5.2. Also, this circumstance would entail the termination of the Fund formation, of the Bonds issue and of the Loans assignment.

  • Alamo Capital ran the preliminary refunding and new water system projects financing with an underlying S & P Rating of “AA-” and no Debt Service Relief Fund that are summarized in the proposal and highlighted below: -Annual net debt service savings-$233,000, per year thru maturity on 10/1/39.

  • Xxxxxxxx Telephone No.: 313/000-0000 Telecopy No.: 313/222-9516 For purposes of utilizing the above schedule: “Level I Status” exists at any date if, on such date, the Company’s Xxxxx’x Rating is A3 or better or the Company’s S & P Rating is A- or better.

  • Borrower shall promptly upon the receipt of notice thereof, and in any event within five (5) Business Days after any change in the Xxxxx'x Rating or the S & P Rating, notify Agent in writing of such change.

  • For purposes of utilizing the above schedule: “Level I Status” exists at any date if, on such date, the Company’s Xxxxx’x Rating is A3 or better or the Company’s S & P Rating is A- or better.

  • The County’s exposure to credit risk at December 31, 2016, is as follows: S & P Rating Fair Value U.S. agency securitiesAA+$ 10,857,716MAGIC FundN/R22,868,734Negotiable certificates of depositN/A 8,739,795 Total $ 42,466,245 N/R - Not ratedN/A - Not Applicable Concentration of Credit Risk The concentration of credit risk is the risk of loss that may be caused by the County’s investment in a single issuer.

  • The County’s exposure to credit risk as of December 31, 2008, is as follows: S & P Rating Fair Value U.S. government securitiesAAA$ 1,379,521Treasury notes/bondsAAA4,442,077Investment pool/MAGIC FundN/R4,925,845Negotiable certificates of depositN/A2,182,331Money marketsAAA20,534,596Equity securitiesN/A 77,575 Total $ 33,541,945 N/R - Not ratedN/A - Not applicable 3.


More Definitions of S & P Rating

S & P Rating. Redemption Info: __________ [Any other terms and conditions agreed to by the Purchasing Agent and the Company, including, without limitation, a minimum denomination other than $1,000 and whether the Notes will be listed on an exchange.] Electronically Presented by: INCAPITAL LLC Accepted by: BANK OF AMERICA CORPORATION Part II: Form of Terms Agreement for Floating-Rate Notes Bank of America Terms Agreement Bank of America Corporation 000 Xxxxx Xxxxx Xxxxxx, NC 1-007-07-06 Xxxxxxxxx, XX 00000 Bank of America InterNotes(R) The undersigned agrees to purchase the following InterNotes(R) Clearing Information: __________ The terms of such InterNotes(R) shall be as follows:
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S & P Rating. Redemption Info: __________ [Any other terms and conditions agreed to by the Purchasing Agent and the Company, including, without limitation, a minimum denomination other than $1,000 and whether the Notes will be listed on an exchange.] Electronically Presented by: INCAPITAL LLC Accepted by: BANK OF AMERICA CORPORATION Part III: Form of Terms Agreement for Consumer Price Index Linked Notes _________, 20__ Bank of America Terms Agreement Bank of America Corporation 000 Xxxxx Xxxxx Xxxxxx, NC 1-007-07-06 Xxxxxxxxx, XX 00000
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S & P Rating. Redemption Info: __________ [Any other terms and conditions agreed to by the Purchasing Agent and the Company, including, without limitation, a minimum denomination other than $1,000 and whether the Notes will be listed on an exchange.] Electronically Presented by: INCAPITAL LLC Accepted by: BANK OF AMERICA CORPORATION Exhibit D Part I: Form of Pricing Supplement for Fixed-Rate Notes Filed under Rule 424(b)(3), Registration Statement No. 33-97157 Pricing Supplement No. ____ - dated ______, __________ __, 2004 (To: Prospectus Dated October 29, 2004) Bank of America Corporation 000 Xxxxx Xxxxx Xxxxxx, NC1-007-07-06 Charlotte, NC 28255 Bank of America Corporation $6,000,000,000 Bank of America InterNotes(R) Prospectus dated 29-Oct-04 Aggregate Price Principal to Gross Net CUSIP Number Amount Public Concession Proceeds Coupon Type Coupon Rate ------------ --------- ------ ---------- -------- ----------- ----------- ------------ --------- ------ ---------- -------- ----------- ----------- Maturity 1st Coupon Coupon Frequency Date 1st Coupon Date Amount Survivor's Option Product Ranking ---------------- -------- --------------- ---------- ----------------- --------------- ---------------- -------- --------------- ---------- ----------------- --------------- Redemption Information:_________________________________ Joint Lead Managers and Lead Agents:____________________ Agents:_________________________________________________ Trade Date:_____________________________________________ Settlement Date:________________________________________ Minimum Denominations/Increments:_______________________ S & P Ratings Services Rating:__________________________ Xxxxx'x Investor Services Rating:_______________________ Other Terms:____________________________________________ Part II: Form of Pricing Supplement for Floating-Rate Notes Filed under Rule 424(b)(3) Registration Statement No. 33-97157 Pricing Supplement No. ____ - dated ______, __________ __, 2004 (To: Prospectus Dated October 29, 2004) Bank of America Corporation 000 Xxxxx Xxxxx Xxxxxx, NC1-007-07-06 Charlotte, NC 28255 Bank of America Corporation $6,000,000,000 Bank of America InterNotes(R) Prospectus dated 29-Oct-04 Spread to Principal Gross Net Interest Index Interest CUSIP Number Amount Concession Proceeds Coupon Type Rate Basis Maturity Rate Basis ------------ --------- ---------- -------- ----------- ---------- -------- ---------- ------------ --------- ---------- -------- ----------- ---------- -------- ----...
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S & P Rating means on any date of determination, the rating of the Borrower's unsecured senior debt announced by Standard & Poor?s Ratings Group, a division of XxXxxx-Xxxx Corporation or any successor thereto.
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Related to S & P Rating

  • S&P Rating means, at any time, the rating issued by S&P and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.

  • Mxxxx’x Rating means, with respect to a Reference Obligation, as of any date of determination:

  • Moody’s Rating means, at any time, the rating issued by Moody's and xxxx xx effect with respect to the Borrower's senior unsexxxxx xong-term debt securities without third-party credit enhancement.

  • Xxxxx’x Rating means, at any time, the rating issued by Xxxxx’x and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.

  • Index Debt Rating means the S&P Rating, the Xxxxx’x Rating and the Fitch Rating.

  • Debt Rating has the meaning specified in the definition of “Applicable Rate.”

  • Initial Rating With respect to the Secured Notes, the rating or ratings, if any, indicated in Section 2.3.

  • Moody’s means Xxxxx’x Investors Service, Inc.

  • Threshold Rating means the short-term unsecured debt rating of P-1 by Moody's and A-1 by Standard & Poor's.

  • Required Rating means a short-term unsecured debt rating of “A-1+” by S&P Global Ratings and “F1+” by Fitch.

  • 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.

  • Specified Rating means, for the Class A(2018-1) Notes, Aaa(sf) with respect to Xxxxx’x, AAA(sf) with respect to Standard & Poor’s and AAAsf with respect to Fitch.

  • Investment Grade Credit Rating means (a) with respect to Fitch, a credit rating of BBB- or higher, (b) with respect to Xxxxx’x, a credit rating of Baa3 or higher and (c) with respect to S&P, a credit rating of BBB- or higher.

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

  • Credit Rating means the rating assigned by a Rating Agency to the senior unsecured long term Indebtedness of a Person.

  • Corporate Rating an opinion issued by S&P of an obligor’s overall financial capacity (its creditworthiness) to pay its financial obligations.

  • Ratings As of any date of determination, the ratings, if any, of the Certificates as assigned by the Rating Agencies.

  • Designated Rating means, for a security or instrument, a rating issued by a designated rating organization, or its DRO affiliate, that is at or above one of the following rating categories, or that is at or above a category that replaces one of the following rating categories, if

  • Moody’s Second Trigger Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, (i) if such entity has a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A3” and a short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-2”, or (ii) if such entity does not have a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A3”.

  • S&P Global Ratings means S&P Global Ratings, a division of S&P Global.

  • Investment Grade Rating means a rating equal to or higher than Baa3 (or the equivalent) by Moody’s and BBB- (or the equivalent) by S&P, or an equivalent rating by any other Rating Agency.

  • Debt Ratings has the meaning specified in the definition of “Applicable Rate.”

  • Investment Grade Rating Date means the date on which the Borrower first obtains an Investment Grade Rating.

  • Rating means the operating limits as specified by the component manufacturer.

  • Required Ratings [Ratings] Closing Date, Location and Time: ___________ ___, 20___; offices of Cadwalader, Wickersham & Taft, LLP, Xxx Xxxx, New Xxxk; 10:00 a.m. New York City time. Purchase Price for the Offered Certificates: Class Percent of Initial Aggregate ----- Principal Balance -------------------------------- Class A % Classes B-1, B-2 and B-3 % In eaxx xxxx, as offered and sold pursuant to this Terms Agreement, plus accrued interest, if applicable, thereon. Notwithstanding any other provision of the above-referenced Underwriting Agreement, all references to the Registration Statement in the Underwriting Agreement shall be with reference to File No. _________. Subject to the terms and conditions and in reliance upon the representations and warranties set forth in the above-referenced Underwriting Agreement (which is incorporated herein in its entirety and made a part hereof) as supplemented by this Terms Agreement, the Seller agrees to sell to the Underwriter, and the Underwriter agrees to purchase from the Seller, the Offered Certificates. The Underwriter has been retained solely to act as underwriter in connection with the sale of the Offered Certificates to investors (including the establishment of the price of the Offered Certificates to investors), and no fiduciary, advisory or agency relationship between Seller and the Underwriter has been created in respect of any of the transactions contemplated by this Terms Agreement, irrespective of whether the Underwriter has advised or is advising Seller on other matters. * * * If the foregoing is in accordance with your understanding of our agreement, please sign and return to the undersigned a counterpart hereof, whereupon this letter and your acceptance shall represent a binding agreement by and among the Seller, Wells Fargo Bank, N.A. and the Underwriter. Very truly yours, WELLS FARGO ASSET SECURITIES XORPORATION By: ---------------------------- Name: Title: WELLS FARGO BANK, N.A. By: ---------------------------- Name: Title: The foregoing Terms Agreement is hereby confirmed and accepted as of the date first above written. HSBC SECURITIES (USA) INC. By: ---------------------------------- Name: Title: Exhibit B SUPPLEMENTAL INFORMATION With respect to any investor, "Supplemental Information" means any of the following types of information, to the extent omitted from the Issuer Free Writing Prospectus:

  • Moody’s First Trigger Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, (i) if such entity has a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A2” and a short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-1”, or (ii) if such entity does not have a short-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A1”.