Lower Rating Clause Samples

Lower Rating. When an employee is requested to relieve in a position of lower rating, he shall maintain his regular rate of pay while so assigned.
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Lower Rating. When an employee is relieving in a position of lower rating, shall maintain their regular rate of pay while so assigned, unless they are permanently demoted. ARTICLE PAY DAYS employees shall be paid on every second Friday, and each pay shall consist of the actual basic earnings net up to and including the Friday, two (2) weeks immediately preceding the pay day plus overtime and other extra earnings, where applicable, for the same period.
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Related to Lower Rating

  • Debt Rating The Liquidity Provider has a short-term debt ratings of “P-1” from ▇▇▇▇▇’▇ and “F1+” from Fitch.

  • Moody’s ▇▇▇▇▇’▇ Investors Service, Inc. and its successors.

  • Debt Ratings Prompt notice of any change in its Debt Ratings.

  • Credit Rating With respect to the Competitive Supplier or Competitive Supplier’s Guarantor, its senior unsecured, unsubordinated long-term debt rating, not supported by third party credit enhancement, and if such debt is no longer rated, then the corporate or long-term issuer rating of Competitive Supplier or Competitive Supplier’s Guarantor.

  • No Ratings There are no securities or preferred stock of or guaranteed by the Company or any of its subsidiaries that are rated by a “nationally recognized statistical rating organization,” as such term is defined under Section 3(a)(62) under the 1934 Act.