CDU rating definition
CDU rating means a composite rating of the overall condition, desirability, and usefulness of a structure, used nationally as a simple, direct, and uniform method of estimating
M▇▇▇▇’▇ Rating means, with respect to a Reference Obligation, as of any date of determination:
▇▇▇▇▇’▇ Rating means, at any time, the rating issued by ▇▇▇▇▇’▇ and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.
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.
Index Debt Rating means the S&P Rating, the ▇▇▇▇▇’▇ Rating and the Fitch Rating.
Debt Rating has the meaning specified in the definition of “Applicable Rate.”