Common use of Investment Grade Rating Clause in Contracts

Investment Grade Rating. A credit rating for long-term senior unsecured non-credit enhanced debt of BBB- or better by S&P or Fitch, or Baa3 or better by Moody’s.

Appears in 3 contracts

Samples: Unsecured Term Loan Agreement (Ramco Gershenson Properties Trust), Unsecured Term Loan Agreement (Ramco Gershenson Properties Trust), Master Loan Agreement (Ramco Gershenson Properties Trust)

AutoNDA by SimpleDocs

Investment Grade Rating. A credit rating for assigned to such Person’s long-term senior unsecured non-credit enhanced debt of BBB- or better by S&P or Fitch, or Baa3 or better by Moody’sXxxxx’x. For the avoidance of doubt, any credit rating from Fitch shall not be deemed an Investment Grade Rating for purposes hereof, but such rating shall be used in the determination of the applicable Credit Rating and Credit Rating Level as set forth in the respective definitions thereof.

Appears in 1 contract

Samples: Credit Agreement (Gladstone Commercial Corp)

Investment Grade Rating. A credit rating for long-term senior unsecured non-credit enhanced debt of BBB- or better by S&P or Fitch, or Baa3 or better by Moody’sMxxxx’x.

Appears in 1 contract

Samples: Unsecured Term Loan Agreement (Ramco Gershenson Properties Trust)

AutoNDA by SimpleDocs

Investment Grade Rating. A credit rating for long-term senior unsecured non-credit enhanced debt of BBB- or better by S&P or Fitch, or Baa3 or better by Moody’sMxxxx’x.

Appears in 1 contract

Samples: Unsecured Term Loan Agreement (Ramco Gershenson Properties Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.