Pay grade means the monthly salary applicable to class titles of service personnel;
Passing grade means work of such character that credit would be entered on the records were the semester to close at that time.
Finished grade means the grade upon completion of the fill or excavation.
Established Grade means that grade established by the City for the particular area in which a sidewalk is to be constructed.
Investment Grade means a rating of Baa3 or better by Moody’s (or its equivalent under any successor rating categories of Moody’s); a rating of BBB- or better by S&P (or its equivalent under any successor rating categories of S&P); and the equivalent investment grade credit rating from any additional Rating Agency or Rating Agencies selected by the Company.