Existing Rating definition
Existing Rating means, for any Rating Agency on any date of determination, the Rating assigned to the Securities of any series by such Rating Agency as of such date.
Existing Rating means a rating prepared by a district council pursuant to an inspection of a food business establishment as part of official controls under Regulation (EC) 882/2004 of the European Parliament and of the Council of 29th April 2004 on official controls performed to ensure the verification of compliance with feed and food law, animal health and welfare rules(c) undertaken prior to the commencement of section 1 of the Act
Existing Rating means (i) B+ for Standard & Poor, (ii) Bl for Moody’s and (iii) B+ for Fitch, representing the equivalent rating from Fitch.
More Definitions of Existing Rating
Existing Rating means B1 or higher by ▇▇▇▇▇’▇ and B+ or higher by S&P, or in case both ▇▇▇▇▇’▇ and S&P cease to provide such rating, as applicable, for reasons outside the control of the Company, B+ or higher by Fitch (or, if ▇▇▇▇▇’▇, S&P and Fitch cease to provide such rating, as applicable, for reasons outside of the control of the Company, the equivalent credit rating from any other Rating Agency).