Statistical Rating Agency definition
Examples of Statistical Rating Agency in a sentence
If, notwithstanding such reasonable efforts, S&P fails to or ceases to assign a credit rating to Securitas AB’s senior unsecured long-term debt, Securitas AB shall use all reasonable efforts to obtain a credit rating of its senior unsecured long-term debt from a substitute rating agency that shall be a Statistical Rating Agency, and references in this Condition 4(e) to S&P or the credit ratings thereof shall be to such substitute rating agency or, as the case may be, the equivalent credit ratings thereof.