S&P Global Ratings definition
Examples of S&P Global Ratings in a sentence
The Indenture Trustee shall have a combined capital and surplus of at least $50,000,000 as set forth in its most recent published annual report of condition, and the time deposits of the Indenture Trustee shall be rated at least A-1 by S&P Global Ratings and F1 by Fitch.
The Indenture Trustee shall have a combined capital and surplus of at least $50,000,000 as set forth in its most recent published annual report of condition, and the time deposits of the Indenture Trustee shall be rated at least A-1 by S&P Global Ratings and F1 or A by Fitch.
The Indenture Trustee shall have a combined capital and surplus of at least $50,000,000 as set forth in its most recent published annual report of condition, and if the Indenture Trustee shall have time deposits, then such time deposits shall be rated at least A-1 by S&P Global Ratings and F1 or A by Fitch.
Until paid pursuant to this Deposit Agreement, Computershare may hold or invest the Funds through such accounts in: (i) obligations of, or guaranteed by, the United States of America, (ii) commercial paper obligations rated A-1 or P-1 or better by S&P Global Ratings, acting through Standard & Poor’s Financial Services LLC (“S&P”) or ▇▇▇▇▇’▇ Investors Service, Inc.
Notices sent to S&P shall be addressed to S&P Global Ratings, ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, or to such other address as S&P shall supply to the Trustee.
Notwithstanding the above, the Indenture Trustee may, if it shall be unwilling so to act, or shall, if it is legally unable so to act, appoint, or petition a court of competent jurisdiction to appoint, a successor (i) having a net worth of not less than $100,000,000, (ii) which has a long term unsecured debt rating that falls within an investment grade category by S&P Global Ratings and ▇▇▇▇▇’▇ Investors Service, Inc.
The Company shall take all reasonable action necessary to enable S&P Global Ratings (“S&P”) and ▇▇▇▇▇’▇ Investors Service Inc.
S&P Global Ratings, a division of S&P Global Inc., and its successors.
Upon any termination or amendment of this Custodian Agreement, the Indenture Trustee, in the case of amendments, and the party seeking termination, in the case of terminations, shall give written notice to the Servicer and Backup Servicer, and the Servicer shall deliver such notice to S&P Global Ratings, a Standard & Poor’s Financial Services LLC business (“S&P”) and Fitch Ratings, Inc.
Any other collateral permissible by Michigan law and authorized by the Board except that in no case shall an asset with a rating classification lower than A-1 by S&P Global Ratings Service, P-1 by ▇▇▇▇▇’▇ Investors Service, or F1 by Fitch, Inc.