Ba1 definition

Ba1 to the Class A-1, Class A-2, Class A-3, Class A-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class B-1, Class B-2, Class B-3 and Class B-4 Certificates, respectively.
Ba1 or lower from Moody's and (d) "BB+" or lower from S&P.
Ba1 respectively, and with a stable or positive outlook.

Examples of Ba1 in a sentence

  • If at any time the long term, unsecured and unsubordinated indebtedness of Dealer is rated Ba1 or lower by Moody’s or BB+ or lower by S&P (any such rating, a “Ratings Downgrade”), then Counterparty may, at any time following the occurrence and during the continuation of such Ratings Downgrade, provide written notice to Dealer specifying that it elects for this Section 9(f) to apply (a “Trigger Notice”).

  • A credit rating below investment grade shall mean, in relation to Standard & Poor's Credit Market Services Europe Limited, a rating of BB+ or below and, in relation to Moody's Investor Services Inc., a rating of Ba1 or below and, where another rating agency has been designated by E.ON SE, a comparable rating.

  • Certain High Yield Bonds rated Ba1 or BB+ and below by Moody’s or Standard & Poor’s respectively are very speculative, involve comparatively greater risks than higher quality securities, including price volatility, and may be questionable as to principal and interest payments.

  • The eigenvalue corresponding to the mode shown in figure 6(b) is located right below the least-damped mode (0, 1, 1) in figure 5, i.e. at St 0.37 and ωi= =0.04.

  • A credit rating below investment grade shall mean, in relation to Moody's, a rating of Ba1 or below and, in relation to Fitch, a rating of Ba1 or below and, where another rating agency has been designated by RWE Aktiengesellschaft, a comparable rating.


More Definitions of Ba1

Ba1 from Xxxxx'x in the example above) shall apply for purposes of determining the applicable percentage, and (B) upon the occurrence and during the continuance of an Event of Default, each of the applicable percentages set forth in the table below shall be increased by 2.0% per annum: Rating of Fundco Bonds Applicable Percentage BBB/Baa2 or higher 1.50% per annum BBB-/Baa3 1.675% per annum BB+/Ba1 1.75% per annum BB/Ba2 2.00% per annum BB-/Ba3 or lower, or unrated by S&P and/or Xxxxx'x 2.50% per annum The letter of credit fee shall be increased or decreased in accordance with this Section 2.5(b) upon any change in the applicable ratings of the Fundco Bonds, and such increased or decreased letter of credit fee shall be effective from the date of announcement of any such new ratings. The Borrower agrees to notify the Agent of each change in any rating of the Fundco Bonds promptly after the Borrower receives notice of any such change from Xxxxx City or otherwise obtains Actual Knowledge thereof.
Ba1 by Moody's.
Ba1 from Xxxxx'x" after the language "following any Event of Termination or a Designated Event" set forth in the first sentence set forth therein.
Ba1 by Xxxxx'x, then within 60 Business Days the Servicer and the Borrower shall enter into a Backup Servicing Agreement. At all times that a Backup Servicing Agreement is in effect, (i) the Servicer shall perform all of its duties thereunder and (ii) the Borrower shall both perform all of its duties thereunder and shall cause the Servicer to consult with the Backup Servicer as may be necessary from time to time to perform or carry out the Backup Servicer's obligations thereunder, including the obligation, if requested in writing by the Administrative Agent, to succeed to the duties and obligations of the Servicer pursuant hereto. (b) The Backup Servicer shall be entitled to recover its fees and reimbursable costs as set forth in the Backup Servicing Agreement in accordance with Section 2.06 (but only to the extent that the same have not been paid by the Servicer). Section 7.10.
Ba1. “BB+” and “BB+” or lower 0 % For purposes of calculating the applicable Advance Rate in the above tables: (a) the percentage shown under the heading “Advance Rate” (i) in the case of Bonds, shall be multiplied by the Principal Balance of such Bonds and (ii) in the case of Loans, shall be multiplied by the Principal Balance of such Loans, (b) any Bond that is placed on negative watch by Xxxxx’x, S&P or Fitch shall be deemed to have a rating consistent with such negative watch which shall be one ratings subcategory below its then current rating, (c) any Bond or any Large Syndicated Loan that is split rated such that two possible Advance Rates are applicable to it shall have the lower of the two Advance Rates specified in the above table; provided, that for any Bond rated solely by S&P, (i) if such Bond has an S&P Rating of “BBB-” or higher, such Bond shall have the Advance Rate of one ratings subcategory below its then current S&P Rating or (ii) if such Bond has an S&P Rating of “BB+” or lower, such Bond shall have the Advance Rate of two ratings subcategories below its then current S&P Rating, (d) each applicable Advance Rate shall be determined or redetermined, as the case may be, as of each Measurement Date, (e) the Xxxxx’x Rating and S&P Rating shall be updated no less frequently than once per year, (f) the Xxxxx’x Rating, S&P Rating or Fitch rating, as applicable, for any NIM Note shall be updated no less frequently than once per year, and (g) the Advance Rate for the 2005-1 Class E Notes shall be 50% on the lesser of (i) the outstanding principal balance of the 2005-1 Class E Notes or (ii) the Fair Market Value of the 2005-1 Notes; provided, that on and after August 9, 2006 the Advance Rate shall be 0%. For the avoidance of doubt, for purposes of this definition, a Large Syndicated Loan having a Xxxxx’x Rating or S&P Rating below “B3” or “B-,” respectively, shall be treated as a Middle Market Loan.
Ba1 and no less than "BB-"/"Ba3" by the Rating Agencies.
Ba1 or below by Moodx'x, "XB" or below by S&P or "BB+" or below by Fitch (a "Downgrade") and (b) while such Downgrade is in effect, for ten consecutive Trading Days or, from the date of any Spin-Off Notice until 120 days from the date of such Spin-Off Notice, for 20 consecutive Trading Days, Willxxxx' xx any successor's common stock closing price shall be $30.22 or below, after adjustment of such price to appropriately reflect, in the same manner as set forth in the Certificate of Designation, any stock split, stock dividend or other events occurring with respect to such common stock after the Closing Date that would result in adjustments made to the "Optional Conversion Rate" as defined in the Certificate of Designation.