Examples of Acceptable Rating in a sentence
Each Servicer that does not have an Acceptable Rating, regardless of whether the Servicer is an Affiliate of the Company, shall be subject to the prior written approval of Participant (which approval shall not be unreasonably withheld, delayed or conditioned).
If any Recognized Credit Rating Agency ceases to be a “nationally recognized statistical rating organization” registered with the SEC or ceases to be in the business of rating securities of the type and nature of the Notes, the Company may replace the rating received from it with a rating from any other Acceptable Rating Agency.
Acceptable Rating: A proposal that identifies a Project Team capable of completing the Project successfully and in a timely manner, as evidenced by the Proposer’s previous experience and strength of the Proposer’s references; demonstrates successful experience new construction for projects of a similar scope and size; and evidence of working relationships between the Proposer and other members of the Project Team.
Acceptable Rating: A proposal that in the judgment of the evaluators meets the majority of the development objectives as cited and provides information that demonstrates a consistency with those objectives in a manner that is supported by the proposed use and supporting documentation.
In addition to the foregoing information, if the SVO or any other regulatory authority having jurisdiction over any holder of any Notes from time to time requires any additional information with respect to the Debt Rating of the Notes, the Company shall use commercially reasonable efforts to procure such information from the Acceptable Rating Agency.