Senior Public Debt Ratings definition

Senior Public Debt Ratings means the rating(s) of Ryder’s public unsecured long-term senior debt, without third party credit enhancement, issued by Fitch, Xxxxx’x and/or S&P; or, in the event no such debt of Ryder is outstanding or if such debt shall be outstanding but shall not be rated by Fitch, S&P or Xxxxx’x, the rating(s) of this credit facility issued by Fitch, Xxxxx’x and/or S&P (or, if Fitch, Xxxxx’x and S&P do not exist, another nationally recognized rating agency approved by the Administrative Agent) upon request of Ryder.
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Senior Public Debt Ratings. The rating(s) of Ryder’s public unsecured long-term senior debt, without third party credit enhancement, issued by Fitch, Xxxxx’x and/or S&P; or, in the event no such debt of Ryder is outstanding or if such debt shall be outstanding but shall not be rated by Fitch, S&P or Xxxxx’x, the rating(s) of this credit facility issued by Fitch, Xxxxx’x and/or S&P (or, if Fitch, Xxxxx’x and S&P do not exist, another nationally recognized rating agency approved by the Administrative Agent) upon request of Ryder.
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Senior Public Debt Ratings set forth in Section 1.1 of the Credit Agreement is hereby amended by deleting the definition of “Senior Public Debt Ratings” set forth therein in its entirety and substituting in lieu thereof the following new definition: “Senior Public Debt Ratings. The rating(s) of Ryder’s public unsecured long-term senior debt, without third party credit enhancement, issued by Fitch, Mxxxx’x and/or S&P; or, in the event no such debt of Ryder is outstanding or if such debt shall be outstanding but shall not be rated by Fitch, S&P or Mxxxx’x, the rating(s) of this credit facility issued by Fitch, Mxxxx’x and/or S&P (or, if Fitch, Mxxxx’x and S&P do not exist, another nationally recognized rating agency) upon request of Ryder.”
Sample 1

Examples of Senior Public Debt Ratings in a sentence

  • Schedule 7.15 contains a true and accurate list as of the Closing Date of the Senior Public Debt Ratings.

  • The Borrowers will notify the Agents promptly upon becoming aware thereof, of any publicly announced change in the Senior Public Debt Ratings and/or any change in the rating of any other Indebtedness of any of their Subsidiaries which is rated by S&P, Xxxxx’x or Fitch.

  • The Borrowers will notify the Administrative Agent (for further notification to the Lenders, the L/C Issuers and the Agents), promptly upon becoming aware thereof, of any publicly announced change in the Senior Public Debt Ratings and/or any change in the rating of any other Indebtedness of any of their Subsidiaries which is rated by S&P, Xxxxx’x or Fitch.

  • Therefore, the FPC-GSS has mitigated these risks by granting access only to authorized persons.Further, all USDA employees have undergone a background investigation and contractor access is governed by contracts identifying rules of behavior for USDA and FSIS systems and security.Authorized users are assigned level-of-access roles based on their job functions.Roles limit the update and printing capabilities to those deemed necessary forspecified job functions.

  • Data from a different population in Namibia—a more privileged one— may point to somewhat different motivations for excessive alcohol consumption.

  • There shall have occurred no material adverse change in the Senior Public Debt Ratings since December 31, 2010.

  • There shall have occurred no material adverse change in the Senior Public Debt Ratings since December 31, 2008.

  • There shall have occurred no material adverse change in the Senior Public Debt Ratings since December 31, 2003.

  • The Borrowers will notify the Agents promptly upon becoming aware thereof, of any publicly announced change in the Senior Public Debt Ratings and/or any change in the rating of any other Indebtedness of any of their Subsidiaries which is rated by S&P, Xxxxx'x or Fitch.

  • The Borrowers will notify the Agents promptly upon becoming aware thereof, of any publicly announced change in the Senior Public Debt Ratings and/or any change in the rating of any other Indebtedness of any of their Subsidiaries which is rated by S&P, Moody’s or Fitch.


More Definitions of Senior Public Debt Ratings

Senior Public Debt Ratings. “Xxxxx’x”, “S&P” and “Fitch” are used herein as defined in the Credit Agreement) Schedule 7.16 Subsidiaries
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Related to Senior Public Debt Ratings

  • Senior Debt Rating means at any date, the credit rating identified by S&P, Fitch or Xxxxx’x as the credit rating which (a) it has assigned to long term senior unsecured debt of the Borrower or (b) it would assign to long term senior unsecured debt of the Borrower were the Borrower to issue or have outstanding any long term senior unsecured debt on such date. For the avoidance of doubt, “Senior Debt Rating” is not the Borrower’s “Corporate/Long-Term Issuer” rating.

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

  • Public Debt means any Indebtedness consisting of bonds, debentures, notes or other similar debt securities issued in (1) a public offering registered under the Securities Act or (2) a private placement to institutional investors that is underwritten for resale in accordance with Rule 144A or Regulation S under the Securities Act, whether or not it includes registration rights entitling the holders of such debt securities to registration thereof with the SEC for public resale.

  • 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.

  • 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.

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

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