Industry Requirement definition
Industry Requirement means an entity that is in the same industry group specified by Moody‘s Investor Service, Inc. or any successor to the rating business thereof or Standard & Poor‘s Rating Services, a division of The McGraw-Hill Companies, Inc. or any successor to the rating business thereof as the Reference Entity to which the relevant Succession Event relates, as determined by the Calculation Agent in its sole and absolute discretion;
Industry Requirement means an entity that is in the same industry group as the Reference Entity for which a Successor falls to be determined pursuant to this definition of "Successor", as determined by the Calculation Agent by reference to such source(s) as it determines appropriate, including any international market data sources;
Industry Requirement means with respect to a potential Successor Reference Entity, such potential Successor Reference Entity is in the same Moody's Industry Classification Group (as such term is used by Moody's) or S&P Industry Classification Group (as such term is used by S&P) as the Original Reference Entity, as determined by the Calculation Agent;