S&P or Moody’s Ratings Sample Clauses

S&P or Moody’s Ratings. The maximum credit extended to a Debtor shall be consistent with their S&P or Xxxxx’x rating and the respective Credit Limit as listed in Table 2. If the Debtor is not directly rated, the ratings of its underlying debt can be used. In the event of a “split” rating, the decision regarding the amount of credit will be recommended by the Credit Department and discussed by the Risk Management Committee and/or approved by use of the protocol set for in Section VI of this Policy.
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Related to S&P or Moody’s Ratings

  • Moody’s 37 Mortgage.....................................................................37

  • Required Ratings The Offered Certificates shall have received Required Ratings of at least [ ] from [ ].

  • No Ratings There are no debt securities or preferred stock issued 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 in Section 3(a)(62) of the Exchange Act.

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

  • Ratings No “nationally recognized statistical rating organization” as such term is defined for purposes of Rule 436(g)(2) (i) has imposed (or has informed the Company that it is considering imposing) any condition (financial or otherwise) on the Company’s retaining any rating assigned to the Company or any securities of the Company or (ii) has indicated to the Company that it is considering any of the actions described in Section 7(c)(ii) hereof.

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

  • No Rating Neither the Company nor any of its subsidiaries has debt securities or preferred stock that is rated by any “nationally recognized statistical rating organization” (as such term is defined in Section 3(a)(62) of the Exchange Act).

  • Cooperation with Rating Agencies If the ratings provided with respect to the Publicly Registered Notes by the rating agency or agencies that initially rate the Publicly Registered Notes are conditional upon the furnishing of documents or the taking of any other actions by the Depositor, to furnish such documents and take any such other actions.

  • Credit Rating The credit facilities provided for under this Agreement shall have been assigned a credit rating by S&P and Xxxxx’x.

  • Credit Ratings Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case with no requirement to maintain any specific minimum rating.

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