Examples of Minimum Credit Rating in a sentence
Prior to a reduction in the long-term or short-term IDR of Piraeus Bank to or below the relevant Minimum Credit Rating (such occurrence, a Segregation Event), Piraeus Bank will be entitled to draw sums from time to time standing to the credit of the Collection Accounts in addition to any funds available to it for any purpose including to make payments on the Covered Bonds.
Minimum Credit Rating means a long-term and short-term IDR of at least BBB+ and F2 respectively by Fitch (or such other ratings which are consistent with the published criteria of the Rating Agencies).
A Person that has satisfied net worth based credit criteria for the provision by it of a guarantee for Alternative Credit Support Capacity will be deemed to have a Minimum Credit Rating for the purpose of this Network Code if required for such Person to satisfy the criteria to be a Rated Entity Guarantor.
Minimum Credit Rating (MCR) Requirements - the Bank requires that counterparties and investments meet the respective minimum credit rating requirements, as approved by the MB.
Government businesses should advise Treasury as soon as possible of any material change to their circumstances that may affect their ability to meet the principles and requirements of this policy including achieving and maintaining their Target Capital Structure and a standalone credit rating at or above the Minimum Credit Rating, achieving agreed efficiency targets, and delivering dividends at the forecast level.