approved rating definition

approved rating means, for a security, a rating at or above one of the following rating categories issued by an approved rating organization for the security or a rating category that replaces a category listed below:
approved rating means a rating of P-1 by Moody's or A-l+ by Standard & Poor's.
approved rating means a long-term debt rating of the Counterparty or each successor counterparty of at least A by S&P or an equivalent rating from DBRS Limited, Moody’s Investors Service, Inc., Fitch Ratings or any of their respective successors.

More Definitions of approved rating

approved rating means an investment grade rating or higher from an approved rating organization;
approved rating means a short-term rating of P-1 by Moody's and A-l+ by Standard & Poor's.
approved rating means an investment grade rating or higher from a designated rating organisation;
approved rating means a rating of P-1 by Moody's and a rating of A-1+ by Standard & Poor's.
approved rating has the meaning ascribed thereto in Section 4.1(a).
approved rating means an A2 or an A+ rating of long-term debt given by Moody's and/or Standard & Poor's, or another equivalent internationally recognised credit rating agency reasonably satisfactory to the Company;
approved rating means a rating of _____ by __________ or _____ by __________.