A SP definition
Examples of A SP in a sentence
Each Party, at its sole cost, will maintain insurance coverage as described in Schedule C with insurance companies having a minimum current A.M. Best rating of A, S&P rating of A- or as otherwise reasonably acceptable to the other Party, with coverage in amounts customary for the size and nature of the Parties’ businesses.
The Letter of Credit shall be issued by a financial institution pre-approved and reasonably acceptable to Landlord, and without limitation to the generality of foregoing, the issuer of the Letter of Credit shall at all times maintain a credit rating of at least an A+ S&P rating or a ▇▇ ▇▇▇▇▇’▇ rating.
For ratemaking purposes, any short-term or future new issue long-term debt would be assumed to have interest rates commensurate with the prior Aa3 (Moody’s) and A (S&P) ratings.
Security: First Mortgage Bonds, 5.65% Series due 2018 Expected Ratings: A2 (▇▇▇▇▇’▇); A- (S&P); A+ (Fitch) Principal Amount: $500,000,000 Date of Maturity: June 15, 2018 Coupon: 5.650% Interest Payment Dates: Payable semi-annually in arrears on June 15 and December 15, commencing December 15, 2008 Public Offering Price: 99.639% of the principal amount thereof, plus no accrued interest to the date of payment and delivery.
A SP is a registered person that has completed the BCSS training.
As of June 15, 2002, Lowe's had a long-term local issuer credit rating of "A" (S&P) and a senior unsecured debt rating of "A3" (▇▇▇▇▇'▇).
It is acknowledged and agreed, that the current worldwide territory, law and jurisdiction insurance coverage of Kamada is provided by from an Israeli reputable insurer named M▇▇▇▇▇ Insurance Company Ltd., which is controlled by Generali Assicurazioni SPA (Italy) that is rated at least A S&P or BEST, and if this insurance coverage is placed at any other Insurer, then such new Insurer shall be rated at least A S&P or BEST.
The maximum level of the Credit Limit to cover the Total Exposure Amount will be determined in accordance with Table A: S&P Moody’s ▇▇▇▇▇ TNW % Credit Limit Cap* A- and above A3 and above A- and above 16% of TNW $60,000,000 BBB+ Baa1 BBB+ 10% of TNW $40,000,000 BBB Baa2 BBB 8% of TNW $30,000,000 BBB- Baa3 BBB- 6% of TNW $15,000,000 Below BBB- Below Baa3 Below BBB- 0% of TNW $0 *For CPP-B Suppliers relying on a Guarantor, the Credit Limit is also capped by the amount of the financial Guaranty.
For example, an "A-" S&P Rating and a "Baa1" Mood▇'▇ ▇▇▇ing would result in a Commitment Fee percentage equal to 0.10%.
Any Provider whose long-term rating drops below A- (S&P) or A3 (Moody’s) shall be replaced at the request of Financial Guaranty.