Related to Boiler Maximum Continuous Rating (BMCR)

Rating period means the 12-month period for which premium rates are determined by a health
S&P Rating means, at any time, the rating issued by S&P and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.
Continuous emissions rate monitoring system or “CERMS” means the total equipment required for the determination and recording of the pollutant mass emissions rate (in terms of mass per unit of time).
S&P Required Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a long-term unsecured and unsubordinated debt rating from S&P of "BBB+".
Investment Grade Rating Date means the date on which the Borrower first obtains an Investment Grade Rating.

Boiler Maximum Continuous Rating (BMCR) definition