Standard and Poor definition
Examples of Standard and Poor in a sentence
Borrower shall further select how said funds are to be invested by said Eligible Institution subject to reasonable approval by Lender, provided any investment will be held in high quantity short term paper not to exceed 90 days to maturity with a Standard and Poor rating or A-1 / P-1 or the equivalent thereof.
Additionally, the Company shall undertake the listing of the Company's securities in the appropriate recognized securities manual or manuals published by Standard and Poor Corporation and Mood▇'▇ ▇▇▇estment Service and shall maintain such listing for a five (5) year period.
In addition to the requirements set forth in Section 15.1 (a), each insurance company issuing one or more of policies of insurance Tenant is required to carry under this Article 15 must have a rating of no less than ANIII in the current Best's Insurance Guide or A- in the current Standard and Poor Insurance Solvency Review and must be admitted to engage in the business of insurance in the State of Texas.
All companies will be required to be rated A-VI or better by A.M. Best or A or better by Standard and Poor.
If at any time during the Lease Term no Material Default or Bankruptcy Event has occurred and is continuing and the Standard and Poor rating for Tenant is "BBB-" or better, Landlord shall, upon Tenant's request, return the First Letter of Credit to Tenant (so long as such conditions continue to be satisfied as of the date Tenant requests such return).