Lehman Rating definition
Lehman Rating. ▇▇ ▇▇▇ermined for Borrower, shall mean the rating published on, or if not published on then published most recently prior to, an Advance Date in the Lehman Brother▇ ▇▇▇bal Fixed Income Market Data publication for Secondary Market Bullet Bid Side Spreads that is equivalent to the lower of Borrower's Moody's Rating ▇▇ ▇&▇ Rating in effect on the applicable Advance Date. The equivalent Lehman Ratings, ▇▇▇dy's Ratings and S&P Ratings are set forth in Exhibit A, attached hereto and shall be used in determining the Lehman Rating. ▇▇ ▇▇e event that no S&P Rating or no Moody's Rating ▇▇▇▇▇ ▇e in effect (other than by reason of the circumstances referred to in the last sentence of this definition), then the Moody's Ratings and S&P Ratings shall be the ratings most recently in effect prior to such change or cessation. If the rating system of S&P or Moody's shall change, or if either such Person shall cease to issue a rating for Borrower, or cease to be in the business of rating corporate Indebtedness obligations, or if Lehman Brother▇ ▇▇▇ses to publish the information necessary to determine the Lehman Rating, ▇▇▇ Borrower and the Lender shall negotiate, in good faith, to amend this definition to reflect such changed rating system or the unavailability of ratings from such Person and, pending the effectiveness of any such amendment, the Lehman Rating ▇▇▇▇▇ be determined by reference to the Lehman Rating ▇▇▇▇ recently in effect prior to such change or cessation.