Level IV definition

Level IV and “Level V”: the respective Level set forth below: S&P Moody’s Level I A- or higher A3 or higher Level II BBB+ Baa1 Level III BBB Baa2 Level IV BBB- Baa3 Level V BB+ or lower Ba1 or lower provided that if on any day the Applicable Xxxxx’x Rating and the Applicable S&P Rating do not coincide for any rating category and the Level differential is (x) one level, then the higher of the Applicable S&P Rating or the Applicable Xxxxx’x Rating will be the applicable Level; (y) two levels, the Level at the midpoint will be the applicable Level; and (z) more than two levels, the highest of the intermediate Levels will be the applicable Level; provided further that if on any day, neither the Applicable Xxxxx’x Rating nor the Applicable S&P Rating is available, the applicable Level shall be Level V.
Level IV shall exist at any time the Total Leverage Ratio is less than 1.00:1.0.
Level IV means the most serious acts of misconduct, which are so serious, they may require the intervention of outside agencies and/or law enforcement. Health, safety and well-being are seriously threatened by this level of act.

Examples of Level IV in a sentence

  • He sought reduction of the remainder of his Level V sentence to Level IV confinement, alleging that Department of Correction (“DOC”) staff had been unprofessional in providing his dialysis treatment and refused to provide him with narcotic medications that he had taken before he was incarcerated.

  • Similarly, Level IIIB campers must be more than 16 and less than 19, and Level IV campers must be more than 15 and less than 19.

  • Table 4-1 shows the SDGs that include the drainage sediment samples and which of these SDGs were validated as Level III or Level IV.

  • The Upper Ocmulgee River watershed is located in the Level IV Southern Outer Piedmont (45b) subecoregion (EPA, 2000).

  • These are the lower rounds in Level IV and we stop them with the vests you have.” (R4, vol.


More Definitions of Level IV

Level IV the respective Level set forth below: S&P MOODY'S --- ------- Level I BBB+ or higher Baa1 or higher Level II BBB Baa2 Level III BBB- Baa3 Level IV BB+ or lower Ba1 or lower PROVIDED that if on any day the Ratings of the Rating Agencies do not coincide for any rating category and the Level differential is (x) one level, then the higher Rating will be the applicable Level; (y) two levels, the Level at the midpoint will be the applicable Level; and (z) more than two levels, the higher of the intermediate Levels will be the applicable Level.
Level IV means that the student achieves at an advanced level. Students performing at this level consistently perform in a superior manner clearly beyond that required to be proficient at grade level work.
Level IV has the meaning specified in Section 2.09(a)(ii).
Level IV applies on any day if, on such day, the applicable Funded Debt Ratio is equal to or less than 1.00:1.
Level IV applies at any date if, at such date, the Guarantor's Financial Strength Rating is rated A- by S&P. "Level V" applies at any date if, at such date, the Guarantor's Financial Strength Rating is rated BBB+ or less by S&P.
Level IV means hospitals that have met the requirements for Level IV as stated in Mississippi Trauma Rules and Regulations.