Initial Ratings definition

Initial Ratings 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 Closing Date and "Initial Rating" means each such rating.

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Initial Ratings means the ratings given by S&P to the Revolving Loans and the Term Loans on the Initial Rating Date.

Initial Ratings means in respect of any Class of Notes and the Rating Agency, the ratings assigned to such Class of Notes, as applicable, by the Rating Agency as at the relevant Closing Date and “Initial Rating” means each such rating.

Examples of Initial Ratings in a sentence

The Depositor will transmit each of the Pricing Free Writing Prospectus, the Initial Ratings Free Writing Prospectus and the Ratings Free Writing Prospectus to the Commission pursuant to Rule 433 by a means reasonably calculated to result in a filing that complies with all applicable provisions of Rule 433.
Notwithstanding anything in this Indenture to the contrary, if the Issuer (or the Collateral Manager on the Issuer’s behalf) elects to direct a Special Redemption of the Secured Debt pursuant to clause (e) above, the Issuer may use amounts on deposit in the Principal Collection Subaccount to make such Special Redemption on any Business Day (other than a Payment Date) to the extent necessary to obtain from S&P its written confirmation of its Initial Ratings of the Secured Debt.
The Depositor will transmit each of the Pricing Free Writing Prospectus, [the Initial Ratings Free Writing Prospectus] and the Ratings Free Writing Prospectus to the Commission pursuant to Rule 433 by a means reasonably calculated to result in a filing that complies with all applicable provisions of Rule 433.
Notwithstanding anything in this Indenture to the contrary, if the Issuer (or the Collateral Manager on the Issuer’s behalf) elects to direct a Special Redemption of the Debt pursuant to clause (e) above, the Issuer may use amounts on deposit in the Principal Collection Subaccount to make such Special Redemption on any Business Day (other than a Payment Date) to the extent necessary to obtain from S&P, its written confirmation of its Initial Ratings of the Debt it rated.
Each of the Pricing Free Writing Prospectus, the Initial Ratings Free Writing Prospectus and the Ratings Free Writing Prospectus shall have been filed with the Commission in accordance with Rule 433 of the Rules and Regulations.

More Definitions of Initial Ratings

Initial Ratings 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 Ratings means, with respect to the Secured Notes, the ratings, if any, indicated in Section 2.3 hereof.

Initial Ratings. The initial rating given to the Class A Notes by S&P on the Closing Date.

Initial Ratings means the ratings of the Notes assigned by the Rating Agencies as of the Closing Date.

Initial Ratings means each of the ratings assigned to the Notes by the Rating Agencies as at the Closing Date.

Initial Ratings means the ratings assigned to the Class A Notes by the Rating Agency as at the Issue Date and “Initial Rating” means each such rating.

Initial Ratings means the ratings given by DBRS to the Class A-R Loans and the Class A-T Loans as of the Effective Date.