Dynamar Rating definition

Dynamar Rating. With respect to a Person, the most recently available credit rating assigned to such Person by Dynamar B.V., a company organized under the laws of the Kingdom of the Netherlands. If Dynamar B.V. shall cease to be in existence or is no longer engaged in the business of issuing credit ratings, the Issuer, the Indenture Trustee, each Series Enhancer and the Lead Deal Agent shall choose a mutually acceptable alternative for this function.
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Dynamar Rating. With respect to a Person, the most recently available credit rating, ranging from 1 (low risk) to 10 (high risk), assigned to such Person by Dynamar. If Dynamar shall cease to be in existence or is no longer engaged in the business of issuing credit ratings; the Borrower and the Agent (acting at the direction of the Required Lenders) shall choose a mutually acceptable alternative for this function.
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Related to Dynamar Rating

  • 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.

  • Moody’s means ▇▇▇▇▇’▇ Investors Service, Inc. and any successor thereto.

  • Corporate Rating an opinion issued by S&P of an obligor’s overall financial capacity (its creditworthiness) to pay its financial obligations.