Unsecured Credit Rating definition

Unsecured Credit Rating means, for any Person, the long-term, senior, unsecured, non-credit enhanced debt ratings assigned to such Person by S&P, Fitch and Xxxxx’x.
Unsecured Credit Rating means, for any Person, the long-term, senior, unsecured, non-credit enhanced debt ratings or issuer default ratings assigned to such Person by S&P, Fitch and Moody’s.
Unsecured Credit Rating means, for any Person, the long-term, senior, unsecured, non-credit enhanced debt ratings or issuer default ratings assigned to such Person by S&P, Fitch and Moody’s. “Unused Fee” has the meaning specified in Section 2.9(a). “U.S. Government Securities Business Day” means any day except for (a) a Saturday, (b) a Sunday or (c) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities. “U.S. Person” means any Person that is a “United States Person” as defined in Section 7701(a)(30) of the Code. “U.S. Tax Compliance Certificate” has the meaning specified in Section 3.1(g)(ii)(B)(3). “Wholesale Power Contracts” means those certain contracts and agreements (together with all amendments and supplements thereto) between the Borrower and each of the Members providing for the sale of electric power and energy by the Borrower to such Member. “Withholding Agent” means the Borrower and the Administrative Agent.

Examples of Unsecured Credit Rating in a sentence

  • The contractor shall make all necessary provision for permanent sewage water now discharging through the existing sewers, pipes, culverts, channels and drains.

  • Panel (B) of Figure 8) shows evidence consistent with the parallel trends assumption.The outcome variables in this specification are Gross Yield Spread, Net Yield Spread, Risk Index, Log(Mgmt Fees), Opaque Spread, WAL, Pct Unsecured, Credit Rating, and CDS Spread.

  • Irrevocable Standby Letter of Credit from a financial institution assigned a Senior Unsecured Credit Rating from Moody’s or Standard & Poor’s of “A” or better.

  • The legal drafting provided with this Modification Proposal allows a User to supplement its Unsecured Credit Rating through the usage of a number of security tools, including a PCG.

  • The evaluation also observed a high level of engagement of other national stakeholders and institutions.


More Definitions of Unsecured Credit Rating

Unsecured Credit Rating set forth in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

Related to Unsecured Credit Rating

  • Credit Rating means, with respect to any entity, the rating then assigned to such entity’s unsecured, senior long-term debt obligations (not supported by third party credit enhancements) or if such entity does not have a rating for its senior unsecured long-term debt, then the rating then assigned to such entity as an issuer rating by S&P, Moody’s or any other rating agency agreed by the Parties as set forth in the Cover Sheet.

  • Senior Debt Rating means at any date, the credit rating identified by S&P, Fitch or Xxxxx’x as the credit rating which (a) it has assigned to long term senior unsecured debt of the Borrower or (b) it would assign to long term senior unsecured debt of the Borrower were the Borrower to issue or have outstanding any long term senior unsecured debt on such date. For the avoidance of doubt, “Senior Debt Rating” is not the Borrower’s “Corporate/Long-Term Issuer” rating.

  • Moody s” means Moody’s Investors Service, Inc.

  • Debt Ratings has the meaning specified in the definition of “Applicable Rate.”

  • Credit Score With respect to any Mortgage Loan, a numerical assessment of default risk with respect to the Mortgagor under such Mortgage Loan, determined on the basis of a methodology developed by Fair, Xxxxx & Co., Inc.

  • Fitch means Fitch Ratings, Inc., and its successors in interest.