B Minus definition

B Minus means, with respect to ratings by Standard & Poor's Corporation, a rating of B- and, with respect to ratings by Xxxxx'x Investor Service, Inc., a rating of B3, or the equivalent thereof by any substitute agency, as provided in Section 12.10.

Examples of B Minus in a sentence

  • The moderate credit rating of Triple B Minus (BBB-) awarded by M/s.

  • Our term loan and fund based facilities aggregating to `12,572 Lakhs are rated LBBB- (Pronounced L Triple B Minus) i.e. Long Term Stable in March 2011 by ICRA.

  • TO OBTAIN THE GRADE OF B- Minus grades will be posted at the discretion of the instructor.

  • Your Company has obtained BBB- (Triple B Minus) and A3 (A Three) credit ratings for its Long-term and Short-term bank facilities, respectively, issued by Care Ratings Limited (A Credit Rating Company).

  • Similarly, one of the other rating agencies, CARE has also reaffirmed rating of the Company as “CARE BBB-; Stable” (Triple B Minus; Outlook: Stable) in September 2021.

  • N/E/S EXTERIOR WALL AREA (B Minus G) FT × 6 FT = ft2 × 0.40 =ft2N/E/S of WEST EXTERIOR WALL AREA 40% N/E/S AREA ft2 M.

  • In December 2021, CARE Ratings Limited has reviewed and upgraded the Credit Rating of the Bank’s Long-term Facilities to ‘’CARE BBB; Stable (Triple B; Outlook:Stable)’’ from ‘’CARE BBB-; Stable (Triple B Minus; Outlook:Stable)’’, which was subsequently withdrawn.

  • Refinance From National Housingthe Management Audit (Specific Account Balance Testing) for SRG Housing Finance Limited for the financial year 2017-18.qualifying among Top 100 SMEs in India.2017: Credit Rating upgraded by CARE Ratings to CARE BBB- Stable (Triple B Minus Outlook: Stable)Bank, twice i.e. in the month of April, 2016 and also in the month of January, 2017.

  • This results in credit enhancement in the rating of the bank instrument to IVR AA+ (CE)/Stable {IVR Double A Plus (Credit Enhancement) with Stable Outlook} against the unsupported rating of IVR BBB-/Stable (IVR Triple B Minus with Stable Outlook).

  • This is because poor students do not get room in Universities due to lack of finance.It has been experienced that some students who ge grades of B- (Minus) and C + are denied entry to the University but those who manage to get chances are the working classe who are accepted by Universities in the parallel degree programme and those who have got grade B – (Minus), they are enrolled in primary teacher colleges.

Related to B Minus

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • C/D Reserve Percentage for any day as applied to any ABR Loan, that percentage (expressed as a decimal) which is in effect on such day, as prescribed by the Board, for determining the maximum reserve requirement for a Depositary Institution (as defined in Regulation D of the Board) in respect of new non-personal time deposits in Dollars having a maturity of 30 days or more.

  • Net Revenue Interest means, with respect to any Property, the interest in and to all Hydrocarbons produced, saved, and sold from or allocated to such Property after giving effect to all royalties, overriding royalties, production payments, carried interests, net profits interests, reversionary interests, and other burdens upon, measured by, or payable out or production therefrom.

  • Working Capital Adjustment Amount means the amount (which may be positive or negative) equal to the result of the Closing Net Working Capital minus the Target Working Capital Amount.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Specified Reserve Fund Balance means, on the Closing Date $3,846,153.85, and with respect to any Payment Date 0.25% of the initial aggregate principal balance of the Receivables as of the Cutoff Date.

  • Yield Reserve Percentage means at any time of determination:

  • State average adjusted property tax base per square mile means the sum of

  • Minimum Dilution Reserve Percentage means, at any time of determination, the product (expressed as a percentage and rounded to the nearest 1/100th of 1%, with 5/1000th of 1% rounded upward) of (a) the average of the Dilution Ratios for the twelve (12) most recent Fiscal Months, multiplied by (b) the Dilution Horizon Ratio.

  • Yield Reserve means, on any date, an amount equal to: (a) the Capital at the close of business of the Servicer on such date multiplied by (b)(i) the Yield Reserve Percentage on such date divided by (ii) 100% minus the Yield Reserve Percentage on such date.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Portfolio Adjusted Yield means, with respect to any Transfer Date, the average of the percentages obtained for each of the three preceding Monthly Periods by subtracting the Base Rate from the Portfolio Yield for such Monthly Period and deducting 0.5% from the result for each Monthly Period.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Adjusted Asset Value means, as of a given date, the sum of EBITDA attributable to malls, power centers and all other assets for the trailing four (4) quarters most recently ended, divided by (iii) 7.75%. In determining Adjusted Asset Value:

  • Gross Sales Proceeds with respect to each sale of Shares shall be the Gross Sales Price multiplied by the number of Shares sold;

  • Closing Adjustment Amount shall have the meaning set forth in Section 2.3(b)(i)(A).

  • Dilution Reserve Percentage means, on any day, the product of (a) the Dilution Horizon Ratio, multiplied by (b) the sum of (i) 2.25 times the average of the Dilution Ratios for the twelve most recent Fiscal Months, plus (ii) the Dilution Volatility Component.

  • Production Payments and Reserve Sales means the grant or transfer by the Company or any of its Restricted Subsidiaries to any Person of a royalty, overriding royalty, net profits interest, Production Payment, partnership or other interest in Oil and Gas Properties, reserves or the right to receive all or a portion of the production or the proceeds from the sale of production attributable to such properties where the holder of such interest has recourse solely to such production or proceeds of production, subject to the obligation of the grantor or transferor to operate and maintain, or cause the subject interests to be operated and maintained, in a reasonably prudent manner or other customary standard or subject to the obligation of the grantor or transferor to indemnify for environmental, title or other matters customary in the Oil and Gas Business, including any such grants or transfers pursuant to incentive compensation programs on terms that are reasonably customary in the Oil and Gas Business for geologists, geophysicists or other providers of technical services to the Company or any of its Restricted Subsidiaries.

  • Monthly Shared-Loss Amount means the change in the Cumulative Shared- Loss Amount from the beginning of each month to the end of each month.

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).

  • Tax increment revenues means the amount of ad valorem property taxes and specific local taxes attributable to the application of the levy of all taxing jurisdictions upon the captured assessed value of real and personal property in the zone. Tax increment revenues do not include any of the following:

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.

  • Class B-1 Applied Realized Loss Amount As of any Distribution Date, the sum of all Applied Realized Loss Amounts with respect to the Mortgage Loans which have been applied to the reduction of the Certificate Principal Balance of the Class B-1 Certificates.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Capital Base means, at any date, the sum of Tangible Net Worth and Subordinated Debt.