FITCH Clause Samples
The FITCH clause typically refers to a provision involving the use of credit ratings assigned by Fitch Ratings, a major credit rating agency. In practice, this clause may specify that certain financial instruments, counterparties, or transactions must meet a minimum Fitch credit rating to be considered acceptable under the agreement. For example, a contract might require that any eligible investment or collateral must be rated at least 'A' by Fitch. The core function of this clause is to ensure a standardized measure of creditworthiness, thereby managing credit risk and protecting parties from exposure to lower-quality or riskier assets.
POPULAR SAMPLE Copied 1 times
FITCH the product of the aggregate Notional Amount outstanding at the beginning of the related Calculation Period under the applicable Affected Transactions and the Fitch Volatility Cushion determined using the table set forth in Schedule 3.
FITCH. Fitch IBCA, Inc., or any successor thereto.
FITCH. Fitch Ratings, a division of Fitch, Inc., and its successors.
FITCH. Fitch Ratings, a division of Fitch, Inc., and its successors. FRONTING BANK. With respect to any letters of credit issued under this Agreement on or after the date hereof, JPMorgan, or with the consent of the Administrative Agent and the Borrower, another Lender.
FITCH. Fitch, Inc., or any successor thereto. If Fitch is designated as a Rating Agency in the Preliminary Statement, for purposes of Section 11.07 the address for notices to Fitch shall be Fitch, Inc., One State Street Plaza, New York, New York 10004, Attention: Resi▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇ ▇▇▇▇r address as Fitch may hereafter furnish to the Depositor, the Trustee and the Master Servicer.
FITCH. Fitch, Inc., and its successors.
FITCH. AAA: Highest Credit Quality. ‘AAA’ ratings denote the lowest expectation of default risk. They are assigned only in cases of exceptionally strong capacity for payment of financial commitments. This capacity is highly unlikely to be adversely affected by foreseeable events.
FITCH. Fitch IBCA, Inc.
FITCH. The term “
FITCH. In the event that the above agencies are no longer available the parties will use rating agencies of equivalent standing.