S&P Industry Classifications definition

S&P Industry Classifications means for the purpose of determining S&P Eligible Assets, each of the following industry classifications (as defined by the S&P Global Industry Classification System):
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S&P Industry Classifications means for the purpose of determining S&P Eligible Assets, each of the following industry classifications (as defined by the S&P Global Industry Classification System): The Fund will use its discretion in determining which industry classification is applicable to a particular investment in consultation with its Independent Accountant and S&P, to the extent the Fund considers necessary.
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S&P Industry Classifications means, for the purpose of determining S&P Eligible Assets, each of the following industry classifications:
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Examples of S&P Industry Classifications in a sentence

  • With respect to the above, the Corporation portfolio must consist of no less than 20 issues representing no less than 10 industries as determined by the S&P Industry Classifications and S&P Real Estate Industry/Property sectors.

  • The S&P Industry Classifications set forth in Schedule 3 hereto, and such industry classifications shall be updated at the option of the Collateral Manager if S&P publishes revised industry classifications.

  • Without amending these Articles Supplementary and to the extent permitted by Maryland law, the S&P Industry Classifications applicable with respect to the Corporation may be changed from those set forth in these Articles Supplementary to other S&P Industry Classifications recognized by S&P if the Board of Directors of the Corporation determines and S&P advises the Corporation in writing that the change will not adversely affect its then-current rating of the Preferred Shares.

  • The S&P Industry Classifications set forth in Schedule 2 hereto, and such industry classifications shall be updated at the option of the Collateral Manager if S&P publishes revised industry classifications.


More Definitions of S&P Industry Classifications

S&P Industry Classifications means for the purpose of determining S&P Eligible Assets, each of the following industry classifications (as defined by the S&P Global Industry Classification System): The Corporation will use its discretion in determining which industry classification is applicable to a particular investment in consultation with its Independent Accountant and S&P, to the extent the Corporation considers necessary. FORTY-SECOND: Article I.13 of the Articles Supplementary is hereby amended by inserting the definition of “S&P Loan Category”:
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S&P Industry Classifications means the S&P Industry Classifications set forth below: S&P Industry Classifications Asset Code Asset Description 1 Aerospace & Defense 2 Air transport 3 Automotive 5 Radio & Television 7 Building & Development 8 Business equipment & services 9 Cable & satellite television 10 Chemicals & plastics 11 Clothing/textiles 12 Conglomerates 13 Containers & glass products 14 Cosmetics/toiletries 15 Drugs 16 Ecological services & equipment 17 Electronics/electrical 18 Equipment leasing 19 Farming/agriculture 20 Financial intermediaries 21 Food/drug retailers 22 Food products 23 Food service 24 Forest products 26 Home furnishings 27 Lodging & casinos 28 Industrial equipment 29 [Reserved] 30 Leisure goods/activities/movies 31 Nonferrous metals/minerals 32 Oil & gas 33 Publishing 34 Rail industries 35 Retailers (except food & drug) 36 Steel 37 Surface transport 38 Telecommunications 39 Utilities 43 Life Insurance 44 Health Insurance 45 Property & Casualty Insurance 46 Diversified Insurance
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S&P Industry Classifications means, for the purposes of determining S&P Eligible Assets, each of the following industry classifications (to the extent there are subcategories shown below a classification, each subcategory shall be considered a separate industry classification):
Sample 1
S&P Industry Classifications means the S&P Industry Classifications set forth below: S&P Industry Classifications
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Related to S&P Industry Classifications

  • S&P Industry Classification The S&P Industry Classifications set forth in Schedule 2 hereto, which industry classifications may be updated at the option of the Collateral Manager if S&P publishes revised industry classifications.

  • Moody’s Industry Classification means the industry classifications set forth in Schedule 2 hereto, as such industry classifications shall be updated at the option of the Facility Agent in its sole discretion if Moody’s publishes revised industry classifications.

  • Industry Classification Group means (a) any of the classification groups set forth in Schedule 1.01(c) hereto, together with any such classification groups that may be subsequently established by Moody’s and provided by the Borrower to the Lenders, and (b) up to three additional industry group classifications established by the Borrower pursuant to Section 5.12.

  • Classifications means the classifications contained in Schedule 1 to this Agreement.

  • Industry Code means a code approved or determined by ICRC under Part 4 of the Act;

  • Change in Tax Classification has the meaning set forth in Section 5.2(h).

  • Classification means the identification of a position by reference to a classification title and pay range number.

  • Approved Classification Society means, in relation to a Ship, a classification society which is a member of IACS (other than the China Classification Society and the Russian Maritime Registry of Shipping) and acceptable to the Agent;

  • Classification Seniority is defined as the length of service in a specific job classification within the bargaining unit, beginning with the date an employee starts to serve a probationary appointment. Classification Seniority shall be interrupted only by separation because of resignation, discharge for just cause, failure to return upon expiration of a leave of absence, failure to respond to a recall from layoff, or retirement.

  • Categories in this Schedule is to a Category or Categories of the Table).

  • Petroleum Industry Standards means the Definitions for Oil and Gas Reserves promulgated by the Society of Petroleum Engineers (or any generally recognized successor) as in effect at the time in question.

  • Support Classes As specified in the Preliminary Statement.

  • Economic Life means the number of years a property improvement is expected to be in service in a facility.

  • Aa3 by Moody's or are rated "Aa3" by Moody's and such rating is on watch for possible downgrade (but only for so long as it is on watch for possible downgrade), or (C) either (i) the unsecured, short-term debt obligations of Party A (or its Credit Support Provider) are rated below "A-1" by S&P or (ii) if Party A (or its Credit Support Provider) does not have a short-term rating from S&P, the unsecured, long-term senior debt obligations of Party A (or its Credit Support Provider) are rated below "A+" by S&P (such event, a "Collateralization Event"), then, Party A, at its own cost and subject to the Rating Agency Condition, shall within 30 days either (i) cause another entity to replace Party A as party to this Agreement that satisfies the Swap Counterparty Ratings Requirement and that is approved by the Trustee (which approval shall not be unreasonably withheld) on terms substantially similar to this Agreement; (ii) obtain a guaranty of, or a contingent agreement of another person that satisfies the Swap Counterparty Ratings Requirement, to honor Party A's obligations under this Agreement, provided that such other person is approved by the Trustee such approval not to be unreasonably withheld; (iii) post collateral in accordance with a Credit Support Annex which satisfies the Rating Agency Condition; or (iv) establish any other arrangement satisfactory to the applicable Swap Rating Agency which will be sufficient to restore the immediately prior ratings of the Swap Certificates (determined without regard to any financial guaranty insurance policy, if applicable). All collateral posted by Party A shall be returned to Party A immediately upon Party A securing a substitute counterparty that satisfies the Swap Counterparty Ratings Requirement.

  • Regulatory Capital means the capital requirement specified in Article 11;