Specified Rating definition

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.

Specified Rating. Not applicable.

Specified Rating means, for the Class A(2008-3) Notes, AAA with respect to Standard & Poors, Aaa with respect to Xxxxx’x and AAA with respect to Fitch.

Examples of Specified Rating in a sentence

• Specified Rating, in relation to a Downgrade, is as specified in the applicable Conditions Supplement.

• The Calculation Agent may make such adjustments to the Conditions and/or the applicable Conditions Supplement to take account of any such substitution, including an adjustment in relation to the relevant Specified Rating and Rating Agency.

• Agreement not to Exercise Option to Convert to Fixed Rate Absent Specified Rating.......................

• Notwithstanding the foregoing, however, if the senior unsecured rating from either S&P or Fitch (each, a “Specified Ratings Agency”) is BBB- or better and at such time the senior unsecured rating from the other Specified Ratings Agency is not lower than BB+, the senior unsecured rating from Moody’s shall no longer be applicable for purposes of determining pricing, and pricing will be based solely on the senior unsecured ratings from the Specified Rating Agencies in accordance with this paragraph.

• For example, California’s laws required the following disclosures, among others: CIC § 381.1 -Disclosure of Specified Rating Information: Insurers are required to include this disclosure in each renewal notice that is sent prior to the renewal of the policy.

More Definitions of Specified Rating

Specified Rating means, for the Class B( - ) Notes, [ ] with respect to [Moody’s], [ ] with respect to [Standard & Poor’s] and [ ] with respect to [Fitch].

Specified Rating. As to any Obligor or Loan, (i) a public debt rating equal to or better than “B-” by S&P or the equivalent public debt rating of another Rating Agency, or (ii) if no rating referenced in clause (i) is available, a private debt rating equal to or better than “B-” by S&P or the equivalent private debt rating of another Rating Agency; provided, that in the case of each of the foregoing clauses (i) and (ii), (x) if both the applicable Obligor and the applicable Loan have at least one rating under any such clause, the applicable Loan rating shall apply for purposes of determining the rating under such clause and (y) if the applicable Obligor or Loan has more than one rating under any such clause, the lowest such rating shall apply for purposes of determining the rating under such clause.

Specified Rating means, for the Class C(2008-2) Notes, BBB with respect to Standard & Poors, Baa2 with respect to Xxxxx’x and BBB with respect to Fitch.

Specified Rating means a long term debt rating by S&P of BBB and by Moody's of Baa2.

Specified Rating means, for the Class A( - ) Notes, [ ] with respect to [Moody’s], [ ] with respect to [Standard & Poor’s] and [ ] with respect to [Fitch].

Specified Rating means, for the Class A(2022-2) Notes, AAAsf with respect to Fitch and Aaa(sf) with respect to Xxxxx’x Investors Service, Inc.

Specified Rating means, for the Class A(2021-1) Notes, Aaa(sf) with respect to Moody’s and AAAsf with respect to Standard and Poor’s.