Initial Rating definition

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

  • Any failure by the Collateral Manager (on behalf of the Issuer) to acquire such additional Collateral Obligations and/or enter into required Currency Hedge Transactions during such period could result in the non-confirmation or downgrade or withdrawal by any Rating Agency of its Initial Rating of any Class of Notes.

  • Fitch long-term ratings are in respect of the issuer's deposits rating.2. Prior to CBL19, if the swap provider does not have a short-term rating assigned to it by Moody's, then the long-term rating trigger of A1 would apply.3. For CBL 18 and subsequent issuances, Fitch long-term Initial Rating Event trigger is A-.

  • Any failure by the Collateral Manager (on behalf of the Issuer) to acquire such additional Collateral Debt Obligations and/or enter into required Currency Hedge Transactions during such period could result in the non-confirmation or downgrade or withdrawal by any Rating Agency of its Initial Rating of any Class of Notes.

  • Any failure by the Collateral Manager (on behalf of the Issuer) to acquire such additional Collateral Obligations could result in the non-confirmation or downgrade or withdrawal by any Rating Agency of its Initial Rating of any Class of Rated Notes.

  • Any failure by the Collateral Manager (on behalf of the Issuer) to acquire such additional Collateral Obligations could result in the non-confirmation or downgrade or withdrawal by a Rating Agency of its Initial Rating of any Class of Notes.


More Definitions of Initial Rating

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 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 "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.
Initial Rating means the rating given to the Loans by S&P, Fitch or DBRS as of the Rating Effective Date.
Initial Rating means the "AA(sf)" rating given to the Facility by DBRS as of the Original Closing Date. "Insolvency Event" means with respect to a specified Person, (a) the filing of a decree or order for relief by a court having jurisdiction in the
Initial Rating means, with respect to the Secured Notes of any Class, the rating or ratings, if any, assigned on the Closing Date or, with respect to the First Refinancing Notes, indicated in Section 2.3.