S&P definition
Examples of S&P in a sentence
The Certificate Administrator shall maintain (A) a rating on its long-term senior unsecured debt or an issuer credit rating of at least “BBB-” by KBRA (or an investment grade rating by any other NRSRO, which may include Fitch, S&P and Morningstar DBRS) and (B) a rating on its long-term senior unsecured debt of at least “BBB(high)” by Morningstar DBRS (or, if not rated by Morningstar DBRS, then at least an equivalent rating by two (2) other NRSROs, which may include Fitch, S&P and KBRA).
Until paid pursuant to the terms of this Agreement, the Rights Agent will hold the Funds through such accounts in deposit accounts of commercial banks with Tier 1 capital exceeding $1 billion or with an average rating above investment grade by S&P (LT Local Issuer Credit Rating), Moody's (Long Term Rating) and Fitch Ratings, Inc.
The Borrower shall use commercially reasonable efforts to maintain public corporate credit facility ratings with respect to the Initial Term Loans and public corporate family ratings from each of S&P and Moody’s; provided, that in no event shall the Borrower be required to maintain any specific rating with any such agency.
All confidential information provided by a party hereto, including nonpublic personal information (regulated pursuant to Regulation S-P), shall be used by any other party hereto solely for the purpose of rendering services pursuant to this Agreement and, except as may be required in carrying out this Agreement, shall not be disclosed to any third party, without the prior consent of such providing party.
Upon Client’s written request from time to time, Just shall promptly furnish to Client a certificate of insurance or other evidence of the required insurance or qualification to self-insurance in accordance with the requirements of this Section 12.1. Each insurance policy that is required under this Agreement shall be obtained from an insurance carrier with an A.M. Best or equivalent rating of at least A- VII or an S&P rating of A.