Initial Rating. With respect to the Secured Notes, the rating or ratings, if any, indicated in Section 2.3.
Initial Rating means in respect of any Class of Notes and any Rating Agency, the ratings assigned to such Class of Notes by such Rating Agency as at the Issue Date.
Initial Rating means the rating given to the Loans by S&P as of the Closing Date.
Examples of Initial Rating in a sentence
An Officer’s certificate of the Cayman Issuer to the effect that attached thereto is a true and correct copy of a letter signed by the Rating Agency, and confirming that each Class of Secured Notes has been assigned the applicable Initial Rating and that such ratings are in effect on the Closing Date.
More Definitions of Initial Rating
Initial Rating. With respect to the Secured Debt, the rating or ratings, if any, indicated in Section 2.3.
Initial Rating means, with respect to the Secured Notes of any Class, the rating or ratings, if any, indicated in Section 2.3.
Initial Rating means the rating given to the Loans by S&P, Fitch or DBRS as of the Rating Effective Date.
Initial Rating means in respect of any Class of Senior Notes and any Rating Agency, the ratings assigned to such Class of Senior Notes by such Rating Agency as at the Closing Date and "Initial Ratings" means each such rating.
Initial Rating means the rating given to the Loans by DBRS as of the Closing Date.
Initial Rating means the "AA(sf)" rating given to the Facility by DBRS as of the Original Closing Date.
Initial Rating means an outstanding unguaranteed and unsecured long-term indebtedness rated at least “BBB-” by S&P or Fitch or “Baa3” by Xxxxx’x.