Issuer credit rating definition

Issuer credit rating means a credit rating assigned to an issuer of corporate debt by a Credit Rating Agency;
Issuer credit rating means a credit rating assigned to an issuer of corporate debt by Standard and Poor’s Rating Group (or any of its subsidiaries), by Moody’s Investors Services Incorporated (or any of its subsidiaries) or by Fitch Ratings Limited, or any other reputable credit rating agency which has comparable standing in the United Kingdom and the United States of America.
Issuer credit rating means, either:

Examples of Issuer credit rating in a sentence

  • The Licensee shall use all reasonable endeavours to ensure that it, or any affiliate as issuer of corporate debt on its behalf, maintains at all times an Issuer credit rating which is an Investment grade rating.

  • An S&P Long-Term Local Issuer credit rating for Seller or Seller Parent Guarantor of BBB- or better and a Moody’s Issuer rating or Moody’s Sr. Unsecured Debt rating for Seller or Seller Parent Guarantor of Baa3 or better will be considered “Acceptable.” The CET may conclude in its sole discretion that the credit quality of Seller or Seller Parent Guarantor is “Acceptable” even though the minimum S&P and Moody’s criteria needed to ensure an “Acceptable” designation has not been satisfied.

  • Issuer credit rating Rating: A+Legacy senior debt(1) Rating: A+Issuer credit ratings are a forward-looking opinion about an obligor's overall creditworthiness.

  • In addition to the primary servicer rating outlined above, Issuers with a “Ginnie Mae Single-Family Servicing Portfolio” that exceeds $50,000,000,000 ($50 billion) will be required to obtain an Issuer credit rating from a “Nationally Recognized Statistical Rating Organization” as defined by Section 78c(a) of Title 15 of the United States Code (15 U.S.C. 78c(a)).

  • Ginnie Mae reserves the right to request new primary servicer or Issuer credit ratings at any time once an Issuer exceeds the Ginnie Mae Single-Family Servicing Portfolio thresholds outlined in this Subsection 5 ($25, $50 and $75 billion), except that, Ginnie Mae shall not require more than one primary servicer rating or more than two Issuer credit ratings within an 18-month period, beginning on the date that Ginnie Mae receives the primary servicer rating or Issuer credit rating report, as applicable.

  • Issuer credit rating of the Investment Corporation as of the end of the period is as follows.

  • Issuer credit rating BBB+ Bond rating A Outlook Negative The bonds have been assigned a rating of A, with a negative outlook, and are rated on the basis of S&P’s methodology for rating covered bonds.

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  • Issuer credit rating Rating: A+Legacy senior debt(1) Senior debt(2)Subordinated indebtednessRating: A+ Rating: A- Rating: A-Issuer credit ratings are a forward-looking opinion about an obligor's overall creditworthiness.

  • This is an opportunity to discuss how we each may view respect in ways that differ from how others view or perceive respect.


More Definitions of Issuer credit rating

Issuer credit rating means a credit rating assigned to an issuer of corporate debt by Standard and Poor's Rating Group (or any of its subsidiaries) or by Moody's Investors Services Incorporated (or any of its subsidiaries) or any equivalent rating from any other reputable credit-rating agency which has comparable standing in the United Kingdom and the United States of America. 7 Basis of allocations and apportionments 7.1 The analyses of operating costs and tangible fixed assets prepared under sub- paragraphs 5.1(1), 5.1(3) and 5.2 shall give a description of the bases of any apportionments or allocations of costs and assets and shall be prepared in accordance with any guidelines which may be issued from time to time by the Director [Water Services Regulation Authority] under sub-paragraph 7.3. 7.2 Accounting statements prepared under paragraph 4 and, where relevant, the description of transactions prepared under paragraph 6 shall:
Issuer credit rating means a credit rating assigned to an issuer of corporate debt by Standard and Poor's Rating Group (or any of its subsidiaries), by Moody's Investors Services Incorporated (or any of its subsidiaries) or by Fitch Ratings Limited, or any other reputable credit rating agency which has comparable standing in the United Kingdom and the United States of America.I32. Except with the prior consent of Ofwat, the Appointee shall not transfer, lease, license or lend any sum or sums, asset, right or benefit to any Associated Company of the Appointee if: I32.1 the Appointee does not hold an Issuer credit rating that is an Investment grade rating;I32.2 where the Appointee holds more than one Issuer credit rating, one or more of the ratings so held is not an Investment grade rating; orI32.3 any Issuer credit rating held by the Appointee is BBB- by Standard & Poor's Ratings Group or Fitch Ratings Ltd or Baa3 by Moody's Investors Service, Inc. (or such higher Issuer credit rating as may be specified by any of these credit rating agencies from time to time as the lowest Investment grade rating), or is an equivalent rating from another credit rating agency that has been notified to the Appointee by Ofwat as of comparable standing for the purposes of paragraph I30 and:I32.3.1 is on review for possible downgrade; orI32.3.2 is on "Credit Watch" or "Rating Watch" with a negative designation; or, where neither I32.3.1 nor I32.3.2 applies:I32.3.3 the rating outlook of the Appointee as specified by any credit rating agency referred to in paragraph I32.3 above which at the relevant time has assigned the lower or lowest Issuer credit rating that is an Investment grade rating held by the Appointee has been changed from stable or positive to negative.I33. Where any of paragraphs I32.1, I32.2 or I32.3 apply the exceptions are: I33.1 payment properly due for any goods, services or assets in relation to commitments entered into prior to the date on which the circumstances described in paragraph I32 arise, and which are provided on an arm's length basis and on normal commercial terms;I33.2 a transfer, lease, licence or loan of any sum or sums, asset, right or benefit on an arm's length basis, on normal commercial terms and where the value of the consideration due in respect of the transaction in question is payable wholly in cash and is paid in full when the transaction is entered into. For the avoidance of doubt this exception does not include a dividend or other distribution out of distr...
Issuer credit rating means a credit rating assigned to an issuer of corporate debt by Standard and Poor's Rating Group (or any of its subsidiaries), by Moody's Investors Services Incorporated (or any of its subsidiaries) or by Fitch Ratings Limited, or any other reputable credit rating agency which has comparable standing in the United Kingdom and the United States of America. 6A.7 (1) Except with the prior consent of the Water Services Regulation Authority, the Appointee shall not transfer, lease, license or lend any sum or sums, asset, right or benefit to any Associated Company of the Appointee if:
Issuer credit rating means in relation to any person the credit rating of its unsecured and unsubordinated long term debt.
Issuer credit rating means, (a) for so long as the Appointee is a member of the corporate group that has been assigned a Corporate Family Rating by a Credit Rating Agency, such Corporate Family Rating; or (b), where the Appointee is not a member of a corporate group that has been assigned such a Corporate Family Rating, the credit rating assigned by a Credit Rating Agency to the debt ranked as senior issued or guaranteed (as the case may be) by the Appointee.
Issuer credit rating means the implied senior most credit rating of the Company, which:

Related to Issuer credit rating

  • Credit Rating means, with respect to any entity, the rating then assigned to such entity’s unsecured, senior long-term debt obligations (not supported by third party credit enhancements) or if such entity does not have a rating for its senior unsecured long-term debt, then the rating then assigned to such entity as an issuer rating by S&P, Moody’s or any other rating agency agreed by the Parties as set forth in the Cover Sheet.

  • Credit Rating Agency means a nationally recognized credit rating agency that evaluates the financial condition of issuers of debt instruments and then assigns a rating that reflects its assessment of the issuer’s ability to make debt payments.

  • Investment Grade Credit Rating means (i) a Credit Rating of Baa3 or higher given by Xxxxx’x, (ii) a Credit Rating of BBB- or higher given by S&P or (iii) a Credit Rating of BBB- or higher given by Fitch.

  • Required Deposit Rating A rating on short-term unsecured debt obligations of A-1+ by Standard & Poor’s Ratings Services and P-1 by Xxxxx’x Investors Service, Inc. Any requirement that short-term unsecured debt obligations have the “Required Deposit Rating” shall mean that such short-term unsecured debt obligations have the foregoing required ratings from each of such rating agencies.

  • Acceptable Credit Rating means a minimum long term credit rating of either BBB from Standard & Poors or Baa2 from Xxxxx’x; Access Undertaking means:

  • Applicable Credit Rating For any long-term deposit or security, a credit rating of AAA in the case of S&P or Aaa in the case of Moody's. For any shxxx-xxxm deposit or security, or a rating of A-l+ in the case of S&P or P-1 in the case of Moody's.

  • S&P Rating means, at any time, the rating issued by S&P and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.

  • Swap Rating Agencies means, with respect to any date of determination, each of S&P and Moody’s, to the extent that each such rating agency is then providing a rating for any of the American Home Mortgage Investment Trust 2007-1, Mortgage-Backed Notes and Grantor Trust Certificates, Series 2007-1 (the “Certificates”) or any notes backed by the Certificates (the “Notes”).

  • Specified Rating Agencies means each of Moody's, S&P and DBRS as long as, in each case, it has not ceased to rate the relevant series of debentures, as the case may be, or failed to make a rating of the relevant series of debentures publicly available for reasons outside of Bell Canada's control; provided that if one or more of Moody's, S&P or DBRS ceases to rate the relevant series of debentures, or fails to make a rating of the relevant series of debentures publicly available for reasons outside of Bell Canada's control, Bell Canada may select any other "designated rating organization" within the meaning of National Instrument 41-101 of the Canadian Securities Administrators as a replacement agency for such one or more of them, as the case may be.

  • Highest Credit Rating Available The highest rating category (disregarding any plus or minus or any numerical or other subcategory) of any Rating Agency. Holders: With respect to the Trust Fund, all of the Certificateholders of REMIC Certificates. With respect to the Lower Tier REMIC, the RL Class Certificateholder and the Trustee, as the case may be, as holders of the Lower Tier Interests.

  • Note Rating Agency has the meaning specified in the Indenture.

  • Mxxxx’x Rating means, with respect to a Reference Obligation, as of any date of determination:

  • Other Rating Agency Eligible Assets means assets of the Company designated by any Other Rating Agency as eligible for inclusion in calculating the Agency Discounted Value of the Company’s assets in connection with such Other Rating Agency’s rating of the MRP Shares.

  • Other Rating Agency Discount Factor means the discount factors set forth in the Other Rating Agency Guidelines of each Other Rating Agency for use in calculating the Agency Discounted Value of the Company’s assets in connection with the Other Rating Agency’s rating of the MRP Shares.

  • Moody's Rating means the long term issuer rating assigned by Moodx'x Xxxestors Service, Inc. and any successor thereto that is x xxxxxnally recognized rating agency to Nicor Gas (or if neither Moody's Investors Service, Inc. nor any such successor shall be in xxx xxsiness of rating long-term indebtedness, a nationally recognized rating agency in the United States of America as mutually agreed between the Required Lenders and Borrowers). Any reference in this Agreement to any specific rating is a reference to such rating as currently defined by Moody's Investors Service, Inc. (or such a successor) and shall be xxxxxx to refer to the equivalent rating if such rating system changes.

  • Companion Loan Rating Agency With respect to any Serviced Companion Loan, any rating agency that was engaged by a participant in the securitization of such Serviced Companion Loan to assign a rating to the related Serviced Companion Loan Securities.

  • Hedge Counterparty Ratings Requirement means (a) either (i) the unsecured, short-term debt obligations of the substitute counterparty (or its Credit Support Provider) are rated at least “A-1” by S&P or (ii) if the substitute counterparty does not have a short-term rating from S&P, the unsecured, long-term senior debt obligations of the substitute counterparty (or its Credit Support Provider) are rated at least “A+” by S&P, and (b) either (i) the unsecured, long-term senior debt obligations of such substitute counterparty (or its Credit Support Provider) are rated at least “A” by Fitch or (ii) the unsecured, short-term debt obligations of such substitute counterparty (or its Credit Support Provider) are rated at least “F1” by Fitch. For the purpose of this definition, no direct or indirect recourse against one or more shareholders of the substitute counterparty (or against any Person in control of, or controlled by, or under common control with, any such shareholder) shall be deemed to constitute a guarantee, security or support of the obligations of the substitute counterparty.

  • Companion Loan Rating Agency Declination As defined in the definition of “Companion Loan Rating Agency Confirmation” in this Agreement.

  • Liquidity Provider Ratings Event means the Liquidity Provider shall fail to maintain at any time short-term debt ratings in one of the two highest ratings categories from the Requisite NRSROs or, if applicable, such other short-term debt ratings as may be required for the VRDP Shares to satisfy the eligibility criteria under Rule 2a-7 under the 1940 Act.

  • Moody s” means Moody’s Investors Service, Inc.

  • Index Debt Rating means the S&P Rating, the Xxxxx’x Rating and the Fitch Rating.

  • Risk Rating means, with respect to any Loan at any time, if such Loan is at such time (i) rated by both S&P and Moody’s, the lower of such ratings, (ii) rated by either S&P or Moody’s, such rating or (iii) not rated by either S&P or Moody’s, the rating determined by the Servicer’s risk rating model.

  • Specified Rating means, for the Class A(2015-3) Notes, Aaa(sf) with respect to Moody’s, AAA(sf) with respect to Standard & Poor’s and AAAsf with respect to Fitch.

  • Rating Level means, with respect to any rating agency, each rating subcategory or “notch” of such rating agency , giving effect to pluses and minuses (or similar designations). By way of illustration, BBB+, BBB and BBB- are each separate Rating Levels of S&P.

  • Eligible Investment Required Ratings means, with respect to any obligation or security, that such obligation or security (a) (i) if such obligation or security has both a long-term and a short-term credit rating from Xxxxx’x, such ratings are “Aa3” or better (not on credit watch for possible downgrade) and “P-1” (not on credit watch for possible downgrade), respectively, (ii) if such obligation or security only has a long-term credit rating from Xxxxx’x, such rating is “Aaa” (not on credit watch for possible downgrade) and (iii) if such obligation or security only has a short-term credit rating from Xxxxx’x, such rating is “P-1” (not on credit watch for possible downgrade) and (b) has a rating of “A-1” or better (or, in the absence of a short-term credit rating, a long-term credit rating of “A+” or better) from S&P.

  • Other Rating Agency means each NRSRO, if any, other than Moody's or S&P then providing a rating for the VRDP Shares pursuant to the request of the Fund.