Threshold Rating definition

Threshold Rating means the short-term unsecured debt rating of P-1 by Moody's and A-1 by Standard & Poor's.

Threshold Rating. “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, “Underwriting Agreement”, “United”, and “United Bankruptcy Event”.

Threshold Rating means the short-term unsecured debt rating of P-1 by Moody's and A-1+ by Standard & Poor's, in the case of the Class A Liquidity Provider, and the short-term unsecured debt rating of P-1 by Moody's and A-1 by Standard & Poor's, in the case of the Class B Liquidity Provider and the Class C Liquidity Provider.

Examples of Threshold Rating in a sentence

• It will be an Additional Termination Event with respect to Party A if the relevant credit rating of Citibank, N.A or any assignee issued by any Rating Agency at any time is lower than the applicable Threshold Rating (“Credit Downgrade”).

• It will be an Additional Termination Event with respect to Party A if the relevant credit rating of Xxxxxx Xxxxxxx or any assignee issued by any Rating Agency at any time is lower than the applicable Threshold Rating (“Credit Downgrade”).

• The Liquidity Provider meets the Threshold Rating requirement for the Class A-1, Class A-2, Class B, Class C-1 and Class C-2 Certificates.

• On the Extension Effective Date, the then effective Expiry Date shall be so extended without any further act; provided, however, that the Liquidity Provider shall meet the Threshold Rating on the Extension Effective Date.

• Threshold Rating for the Depositary ..................Moody’s S&PShort-Term.............

More Definitions of Threshold Rating

Threshold Rating. Trust Agreements", "Trustee", "Underwriters", "Underwriting Agreement" and "Written Notice".

Threshold Rating. “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, and “Underwriting Agreement”.

Threshold Rating means the short-term unsecured debt rating of P-1 by Moody's and A-1+ by Standard & Poor's, in the case of the Class A Liquidity Facility and the Class B Liquidity Facility, and the short-term unsecured debt rating of P-1 by Moody's and A-1 by Standard & Poor's, in the case of the Class C Liquidity Facility.

Threshold Rating means (a) in the case of Xxxxx’x, a Long-Term Rating of Baa2, and (b) in the case of Fitch, a Long-Term Rating of BBB with respect to the Class AA Liquidity Provider and the Class A Liquidity Provider and BBB- with respect to the Class B Liquidity Provider.

Threshold Rating. Transfer", "Trust Agreements, "Trustee" and "Written Notice".

Threshold Rating means the short-term issuer credit rating of A-1 by Standard & Poor's (or, in the absence of a short-term issuer credit rating by Standard & Poor's, a long-term issuer credit rating of A+ by Standard & Poor's) and a short-term unsecured debt rating of P-1 by Xxxxx'x (or, in the absence of a short-term unsecured debt rating by Xxxxx'x, a long-term unsecured debt rating of A1 by Xxxxx'x).

Threshold Rating means, with respect to any Liquidity Provider, (i) ---------------- the short-term unsecured debt rating of "P-1" by Moody's and "A-1+" by Standard & Poor's and (ii) for any Person which does not have a published short-term unsecured debt rating from each Rating Agency, the long-term unsecured debt rating of "Aa3" by Moody's and "AA-" by Standard & Poor's.